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201206682 <br /> dcsignated a substitUte notice address by notice to Lender_ Borrower shall pxompfly nofify Lender of <br /> Boaower's change of address If Leader specifies a proced�se far zeporCi�Borrower's change of address, <br /> then Bonower shall only rcport a change of address through that specified procedure. <br /> There may be only one designated notice address under this Security Instrument at any one time. Any nolice <br /> to Lender shall be gi�en by delivering it or by mailing it by firsC class mail to Lender's address srated herein <br /> unless Lender has designated another address hy�norice to&orroa��ez. Any notice in connection with this <br /> Security Instrument shall not be dccined to have been given to Lcnder until actually receivcd by I,ender. If <br /> any notice required by tivs Secvrity Instnunent is also requixed undei Applicable Law, the Applirahle Law <br /> requirement will satisfy the conesponding xequirement under this Security Instrument. <br /> 16. Governing l.aw; Severability; Rules of Construction. This Security Iasmunent shall be governed by <br /> federal law and the law of the jurisdiction in which the Proyerty is]ocated. All righks and obligations <br /> contained in this Security Tnshwnent are subject Eo atry requirements and 13mitationS of Applicable Law. <br /> Applicable Law inight explieitly oi implicitly allow the par[ies to agree by coniracE or it might be silent, but <br /> sueh sIlence shall not be construed as a prohibiYion agaizvst agxeement by contract In the ev�nt fhat any <br /> provision or clause of tkus SecLu-ity Instrument or the Note conPlicts with App]icable Law, such conflict sha11 <br /> no[affect other provisions of th;s Security Instnunent or the Note which can be given effect without the <br /> conflic[ing provision. <br /> [1s used in tYus Security Instrument (a)words of the masculine gender shall inean.and include correSponding <br /> neuter words or words of the fexninine gender; (b)words in the singular shall mean and inclucic the plural <br /> and vice versa; and(c) the word"may" gives sole discrerion without eny obligarion to take auy action. <br /> 17. Borrower's Copy. Borrower sl�all be given one copy of the Note and of this Securlty Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Sorrower. As uscd in tl�is Section 18, "Interesc in <br /> the Pxoperty" means any legal or beneficial interest in the Property, Including, but not limited to, those <br /> beneficial interests transferred in a bond for deed, contract Por deed, installment sales contract or escrow <br /> ageemen�, the iirtent of�vhich is Lhe transfer of title by Borrower at a future date to a purchaser. <br /> If all or any part oi the Fropeiry or any Interest�tlie PrQperty is sold or trahsferred(or if Borrower is not a <br /> nahu-a1 person az�d a beneficial interest in Borrower is sold or fransferred)without Lender's prior written <br /> con5ent, Lender may reqitire 3n�unediste�ayrxient in full of all siuns sec�sed by this Security Instrument. <br /> However, thls option shall not be exercised by Lende.r if such exercise is prohibited by Applicable Law. <br /> If Lender exerclses this option, Lender shall give Bosower notice of accelerati0n. The aotice shall provide a <br /> period of not less rhan 30 days from the date the notice is given in accordancc with Section IS within which <br /> Borrowcr must pay all siuns secured by this Security Instrument. If Borrower fails to pay ttiesc swvs prior[u <br /> the espiration of this period, Lender may invoke any rcmedies pzmntted by this Securiry Instriuncnt without <br /> further notice ar demand on Bosower. <br /> 19. Borrower's Right to Reinsfiate After Acceleration. If Borrower meets certain c;oiadinons; I3orrower <br /> sl�all haue the right to have enforeement oPthis SuLuity Instrumznt discontinued at any tune prior to the <br /> earliest of. (a) five days before sale of the Propeity p�ssuant To any power of sale contained in this Securit� <br /> Instmment (b) such oflier period as Agplicable Law mlght specify for the termination of Bon-ower's right to <br /> reinstate; ox(c) enhy of a judgment enforcing this Securiry Instnlmeut. Those conditions are that Boreower: <br /> (a)pays I,ender a11 sums wLuch then would be due undei this Security instrmnent and the Note as if no <br /> acceleration hacl occurred; (b) cures anq defatilT of any other covanants or agreements; (c)pays all expenses <br /> Incurred in enfoccfng this Security Instrument, inclvding but not luuited to, reasonable attorrieys' feea, <br /> - pxoperry inspection and valuation fees, and othcr fees incurred for the purpose of protecting Lcnder's interest <br /> zaoonaz <br /> NE3Rq5KA-Single Family-Fannie bl ae�Freddie M ac ONIFORtd INSTRpM ENT Form 30<8�l01 <br /> ��9P 6' VNiP6(NE (11a5) <br /> Wolters Klu•.ver Fnancial Services pyye�p o;�� <br />