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201208580 designated a subsritute nofice address by nofice to Lender. Bo�ower shall prpmptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a ehange of address through that specified�ocedure. There may be only one dasibanated nolice adciress under tlus Security Instrument at any one time. Any notice to Lender shall be given by deliveriag it or by mailing it by first class mail to Lender's address sYated he�ein unless Lender has desi�,mated ano[hec address b�notice to Borrower. Any notice in connection with this Secucity Instrument shall aot be deemed to have been giVen to Lender imtil acTually reeeiveci hy Lender. IP any notice required by this Security Instrument is also required under Applicable Law, fhe Apolicable Law requ3rement will sarisfy the corxesponiding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construetion. Tlus Securiry Inshwnent shall be govemed by 'Federal 1aw and the 1aw af tlie jurisdicrion in which the Property is located. All rig3ies and pbiigations contained in this Security InstnunenY are subj ect to any requirements and limitarior�s of Applicable Law. � ApplicaUle Law might explicitly or unplicitiy allow the parties to agree by contract or it might be sileni, but such silence shall not Uc consh-ued as a prohibition against ageeinent by contraet. In the event that any provisioa or clause of this Secivity insh ument or the Note conflicts wit11 Applxcable Law, such conflict sha11 not affect other grovisions of this Sea�rity lnstrument or the Note which can be given effect withouf the conflicting grovision. As used in this Securi.ty Inslr�unent (a) words of the masculine nender shall mean and�nclude corresponding neuter words or words of the feminine gender; (b) words in the singular slial] mear.and incluc"le[he plural and vice versa; and(c) the word "may" gives sole discrerion withoui any obligation to take any action. 17. Borrow er's Copy. Borrower shall be given one copy of the Note and of this Security Instruuic�c. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in Uus Section 18, "Interest in the Property" means ury lenal or beneficial interest in the Properry, including, but not lnuited to, those beneficial interests transfen ed in a bond for deed, contract for deed, instalhnent sales contract or escrow agreemeat, the intent oC which is the transfer oE title by Borrower at a future date eo a purchaser. If all or any part of the Property or any Intcrest in the Property is sold or transferred(or if Bonrower is not a natural p�rson aad a bene£�cial interest in Borroi�er is sold or transfcrred)wlthout Lender's pxior written consent, Lenda may xequire iminediate payment in fu11 of all stuns seclu�ed by this Securitq instrument. FIowever, this optioit sl�all no�be exercised by Lendei if such exerclse is prohibtted by Applieable Law. IY Lender exercises tUis option, Lender shall give Bprrower notiee of acceleration. The notiee shall provide a period of not iess than 3Q days from the daCe the notice is�veai 3n aecordauee witkt Section 15 within��lvch Borroa�•er must pay all sums secured Uy tUis Security Iustriunent. LC Borrower fnils Lo pay�thcse sums prior to fhe expiration of this period, Lznder may invoke any rewedies permitted by this Securiry Inshvmeat without furLher nolice or demand on Borrawcr_ 'E 9. Borrower's Right to Reinstate After Acceleration. Lf Borrower meets certtin conditions; Borrower shail have the right to have enforcement of this Security In�trumcnt discontinued at any*ame prior to the earliest of. {aj five da.ys before sale af the Property pursuant to any power o£sa[c contained in this Security :nstrumeut (U) such other period as Applicable Law miglSt speci£y for the termination of Borrower s tight to xeinsTate; or(c)entry of a judgment enforcing this Secui�ity Instrument. Those conditions are that Boxrower: (a)pays I,ender all sums which then would be due under this Security Irostrument and the Note as if no acceleration had occurred; (b)eures any default of any other covenauts or a�,�eements; (c)pays all expenses incurred in enforcing thls Sccurity Instrument, including, but noE limited to, reasonable attomeys'.fees, property inspection and valuarion fees, and other fees incarred for the purpose of protecting Lender's interest zaoozass NEBPP.SKA-Sing@ Family-FannielAaa'Retldie Mac ONIFORM INSTRUMEJT Porm 3028 1/01 V!A P(n� - V M P6(NE)('I 1 B5j Wolters Klu•xer Finaocial Servlc=s Page 1 Z of 1 i