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201207612 <br /> desigiiated a substitute notice address by notice to Lender. Borrower shall promptly notify Lcnder of <br /> Borrower's change of address. If Lender specifies a procedure for reporting Rnrr�wer's change of address, <br /> then Borrower slaall only report a change of address throu�ah that specified proceciLu-e. <br /> Therc may be only one desi�ated notice address under this Security Instriuuem at any one time. Any notice <br /> to L�der shall be gves by delivering it or by mailine it by first class mail to Leudex's address stated liereia <br /> Lmless i.endex has designated another address by nptice to Bonower. Any nodce in coimecYion with this <br /> Security Instrument shaR not be deemed to have been given to Lender until actually received by Lender. If <br /> any notice required by this Security Instrument is also required under Appli:cable Law, the Applicable La;u <br /> requircxnent will satisfy the carresponding requirement under this Security Instrument. <br /> 16. Governing Law; Severability; Rules of Gonstruction. This Security Instnunem sha11 be govemed Uy <br /> federal law and the law of the jurisdiction in which fl�e Properiy is located. All rights and obligarions <br /> wntained in this Sccurity Instrument are sutrj ect to any requirements and limitarions of Applicable Law. <br /> Applicable Law inight esplicifly or vn�licifly allow the parties to agree by contracf or iC might be silent, buY <br /> such s$ence shall not be construed as a prohibition against ageeinent by contract. in the event that any <br /> provision or clause o'f This Security Instrurnent or The Note coniliets with Applicable Law, s�ch conflict shall <br /> not affect other provisions of this Security Instrument or thc Note which can be given eff ct wrthout the <br /> conflic�tg provisiou. <br /> As used in this Security Instrument: (a) words of the masculine gender shall mean and inelude wrresponding <br /> neuter words or words of the feminine gender; (b)words in the singulaz shall mean and include the plural <br /> and vice versa; and(c) tbe word"may" gives sole discrerion witliout any obligation to take any action. <br /> 17. Borrower's Copy. Bonou�er shall be gven one copy of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in 6orrower. As used in this Section 18, °Interest in <br /> tke Property" means any legal or beneficial intaest in the Property, including, but aot lunited to, those <br /> bcneficial interests fransferred in a bond for deed, contracC Por deed, install�nent sales contract or escrow <br /> ag}�eement, the in[enL of which is thc transfer of title by Borrower ai a future daYe to a purchaser, <br /> :f all or any part of the Properry or any Interest in the Property is soid or iratisferred(or iCi3orrowcr is not a <br /> natural person and a beneficial interest in Borrower is sold or transferrecl)without Lender's prior written <br /> consent, Lender may require irzimediate paymenC in full of all smns secured bp tSus Security Instrument. <br /> However, this oprion shall not be exercised by Lender if such eYercise is prohibited by Applicable Law. <br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a <br /> period of not less than 30 days froin the date the notice is given in accordance with Section 1� �xnthin�chich <br /> Borrower must pay all sums secured hy this Security Instnunent. If Borrower fails to pay the,e sums prior to <br /> the expiration of this period, Lender may invoke any remedics pemutted by this Security Instrument without <br /> furCher netice or dc,�nand on Barrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Borrower <br /> shall have the ii�t to have enfoxpement of This Security Instrument discontinued at any time prior to the <br /> earli�st of (a) five days Uefore sale of the ProperEy pursuant to azry powa of salc contained in tkus Security <br /> Instrument; (b) such other period as Applicable Law miglit specify far the tennination oP Borrowcr's riaht to <br /> reinstate; or(c) entry of a judgment enforcing this Security Instruuient Those conditions are that Bonower: <br /> (a)pays Lender a11 swns whick then would be due under this Security Instrvment and the Note as if no <br /> aceelerarion had occurred; (b) cures any default of any other cavenants or agreements; (e)pays aU expenses <br /> incurred in enforcing this Securiry Instrument, inchiding but not limited to, reasonable attorney�s' fees, <br /> property in.spection and valuation fees, and other fees incurred for ihe purpose of pr�tecting Lender's interesE <br /> zaaoz+zi <br /> N�:�SKASingle FamilyFannie MaelFreddie Mac UNIFORPA INST4UM11BdT Porm 3028�l01 <br /> VM P� Vbi P5(NE)(i 105) <br /> W oiters Kluwer Financisl Services Page 12 ci�� <br />