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201210011 dcsignated a substitute noflcc address hy noUce to Lender. Borrower shall prompUy notify Lender of Borrower's change of address. If Leiuler spccifies a pmcedure for reporting Borro�;er's change of address, then Borrower sl�all only report a change of address ttirough that specified procedure. There ma�-bc only one designated noticc address under[his Sccunri Instrumem at any one time. Any notice to Lendcr shall be given by delivering it or by mailing it by first class mail to Lenders address stated herein unless Lender has dcsignated anothcr address by notice to Borrower. Any noticc in connection with this Security Instrumcnt st�all not bc deemed ro lia��e been given to Lendcr unpl achially received by Lcnder. If any no6cc required b} this Security lnstrumem is also required mtder Applicablc Law, the Applicable La�c requiremem will satisfy the corzespondiug rcquirement under lkus Sccunri•Ins[rument. 16. GoverningLaw; Severability;Rulesof Construction.Tlus Security Instcument shall be governedby federal law and tbe law of the jurisdiclion in wluch the Properiy is located. All rights and obligations contained in this Securih- Instrumem are subject to any requircmcnts and limitations of Applicablc Law. Applicable Law might explicitly or implicitly allow the parhies to agree by contrect or it nught be silem,but such silencc ahall not be construed as a protnbition againsl agreement by contract. ln the e��cnt tYtat any pmvision or clause of this Securily Instmmem or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security instrumem or the Note which can be given effec[without thc conClicting provision. As uscd in this Security instrument (a)words of the mascnline gender shall mean and includc corresponding ncnter words or words of the fcminine gender; (b)�;�ords in the singular shall mean and include the plural and cice veisa; and(c) the word"may" gives sole discretion�vithout any obligation to take any action. 17. Borrower's Copy,Borrower stiall be given one copy of the Nolc and of this Security Hutrument. 18. Transferof the Property or a Beneficiallnterest in Borrower.As uscd in this Section 18, "Interest in the Property" means any legal or bencGcial interest in the Proper[y, including, but not limited to, those bcneficial imeicsts transferred in a bond for deed, contract for deed, installment sales conlract or escrow agreement,the intent of which is the transfcr of tiUe by Bormwer al a future date to a purcliaser. If all or any part of the Property or any Imerest in the Property is sold or trausferred(or if Borrower is not a natur�]person and a beneficial interest in Boiro�r er is sold or t�ansfcrred)withou[Lender's prior written consent,Lender may require immediate paymcnt in full of all sums secured by this Sccurily instmment. However,tlris option shall not be exercised by Lender if such exercise is prottibited by Applicable Law. If Lender excrcises ihis option, Lender shall givc Borrower notice of accelerauon. The notice shall providc a period of not less than 30 days from the date the notice is given in accordancc with Section 15�s�ithin which Borrower must pay all sums secured by this Security Instnunent. If Borrower fails to pay these sums prior to the expiration of tlils period,Lender may invoke any remedies pemutted by t1�is Sccunty Instrument without further norice or demand on Bonower. 19. BorrowersRighttoReinstateAfterAcceleration.IfBormwermeetsccrtainconditions, Borrower st�all ltave thc right to have enforcement of this Securitv Instmment discmuinued at any time prior to the earliest of: (a)fice days before sale of the Property pursuan[to any po��er of salc contained in this SecunTy instmment; (b) such other period as Applicable Law might specify for[he temunation of Borrower's right to reinstate; or(c)enuy of a judgment enforcing this Secunty Instcument. Those condifions are tltat Borrowec (a)pays Lender all sums which then��ould be due under Uris Securitt- Insvtunenl and the Note as iT no accelerauon had occurred; (b)cures airy default of any othcr covenanis or agreements; (c)pays all expenses incurred in enforcing this Sccurity Insuument, including,but not limited tq reasonable attorneys' fees, pmperty inspection and valuarion fees, and other fees incurred for the purpose of pmtccting Lcndcr s intcrest NE8Rq5KA-Singla Family-Fannle MeeiFreddia Mac UWFORM INSTRUMENT Porm 30281/01 VMP"S VMPG(NE�f1105).00 Nbtlers Kluwer Finanoiel Services Pege 12 of 1]