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201207026 designated a substitute notice addi ess Uy notico to Lender. Borrower shnll prnmptly notify Lender o£ Bon ower's changc o£adclress. If Lender apecifiea a procedure Por reporUng I3orrower's changc of address, then Borrower skrall only report a cl�n�ige of addrees through thaf epecifiul procedure. 19�cre�nay be only one designated notice Address under this Seeurity[nsh'�m��cnt aC any one Cin�e. Anq notice fo Lender slit�ll be given by delivering it or Uy mailing it by firee class mail Co Lender's address stated herein uuless Lender has desigiutited aaiother addre�ss hy notice lo Borrower. Any notice in connection with this Security Instnunent ehall ixof Uc dcc��cd to have been given to Lender mitil actually received Uy Lcndcr. If any nolice requiied by this Sccurit'y Ina��nment is also required tmder Applical�le I.aw, tho Applicnhle L,a�u requirement will saticly lhe corresponding requireinent wide�'this Sccurity HisCrument. 1�. Governing Law; Severability; Rules of Construction. Thia Seonrity Instrumant shall Ue governed Uy federal law vid the law of tl�e jur?9diction in wfdch the Property is locaCed. tlll rigl�ts and oh7igations contained in this SccuriLy Inatxmnent ere subject to arty reqnirv�»ontn aud Iimihauona of Applieable Law. Applioable Law might explicitly or implicitiy a11ow the parCies to agree by contract or it inight be ailent, but such eilence shall not be consti ucd tts a prohi6ition against egreement by contract. Ln tl�e evont thal any provision or clause of this Security Instcutnent or tha Note couflicts with A}�plical�le L�w, such conflict shall not affeat otl�c+�T�rovisions of this 9ecurity Inst�mnent or t1�e NoW which oan Ue given effect without the crn�flicring provision. As used in this Seamily Insh•umenY: (�)words of Uie masculinc gender shall mean aud include corresponding neufer�vorda or words uf the�feininine ge��der; (h) words in ihe singulaz shtill meaii uid inolnde the�1ural fu�d vlce versa; and(c)tIie word "n�ay" gives sole dlsoretion without airy oUligation to Yal<e any aotion. 17. BorY4W 9Y's Gopy. Borrowcr ehzill b�given one copy oFtheNote and of this Security Ivst�-im�ent. 18, Transfer of the Property or a Beneficl'al Interest in Borrower. �1s L�sed inthis Scctioll 'i8, "It�teresein tlie Property" mcans �ny legaT or beneficial intarest in the Proparry, including, but noE limited to, Ehose 1�enc�icial intcresCs trnnsferred iu a bond for deed, conh�act for deed, iristAllme�it seles contract or escrow agreeinent, the intetrt of which is the tra�isfer of title by Borrower at a futw�e date to a pa�chaser. Tf a71 or a��y p�uC oP llie Property or any Interest in the Prnperty is sold or trnnsfeired (or if Bomower is not a natural pereon nnd a beneficial interest in Borrowcr is sold or haneferred) withouti Leuder's prior Written cousent, l.ender may require immediate payinenti in full of all stunF secured Uy this Security InsU'mnent However, this optiou sha11 noti Ue exercised by Lciider if suoh exercise is prohibi[ecl Uy Appllcable Law. If Lender execoises this option, Leuder sha11 givc'Borrower not'toe o£eccelar�ttion. The notice sl�all providc a petiod of not less than 3� daye froui Iho date the noCica is given in acoordancc with Secfion 15 within whiclz BorroWer mu�t��ay nll sim�s secuxed by tiiis Security [nstrumenl. IP Borrower fails to pay tliese aums prior to thc expirntion of this period, Leaider may involm any remedies permitEed by this Security Iustrnmcnt without further notice or demand on h3orrower. 7 9. Borrower's Right to ReinstaCe After Acceleration. If Borrower meets oertain conditions, Borrower shflll h�tve the right to havo enfrpement of this Securitiy InsU'tuiaent discontimied at any �in�e piior to the eaaliest o£ (aj five d�ys before sale of the Pro�erty pursuant to airy powar oP sele oontnined in thie Sectu•iYy Tnstr�iunenC; (b) such othor pariod as [lpplicablc Law migkl specify£or the termiu�tion of Borrower's �ight t�� reinskate; or (o) ant'�y of ajudgmcnzt eiiPoxcing this Secusity Instiument. Thoee conditions aro tl�al I3orrower: (a)paye LeA�der all smns whio�then wotdd be due nuder this Sa;nrity In�l�unxent and tho Note as iL na acccicrn6ion had occurred; (b) cures uiy defnu1t of any otiher covennnts or �gceements; (c)pays all expe�ises incurred in enforcing Uiis Secm'ity Tn�trutnent, including, but voti lunited to, reasonablc attorncqs' fees, propercy inspection and vah�alion Fees, and other feas incurred for thc purpose of proCeoCing Lender's interest saoo�9�s � N[oRA51<ASIngleFamlly-FannleMnalFreddieMacUNIFORMINSTRUHIMT Porm302II1f01 ' VfviP� VPA P6(NE)(1105) Wolfere Kluwer Flnenolal OervlcAs Page 12 of 19