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� 201210795 desig�ated a substitutc notice address by notice to Lender. Borrowcr shall promptly notify Lender of Borrower's change of address. If Lcnder specifies a procedure for reporting Borrower's change of address, then Borrower sha11 only report a change of adckess through th�.Y speclfied procedtse. Tliere may be only one designated notice address under diis Security Instrtunen�at any one time. Any notice to Lender shall be given by delivering it or by mailing i[by first class mail to Lender s address stated herein unless Lender has c3esignated another address by notice to Borrowcr. Any notice in connection w�ith this Security Inshuinent�hall not be deemcd to have been given to Lender until actua7ly received by Lender. IP airy notice reauired by this Security Instnunent is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement imder this Security Instruxneat 16. Governing Law; SeverabilRy; Rules of Construction. This Security Ii�shvment shall Ue governed by federal law and the law of the juriselietion in which flic Property is located. A11 righYs and obligarionS contained in tUis Sc�urity lnstrument are subject to an.y requirements and limitations of Apglicable Law. Applicable L.aw might explicitly or impficitly allow the parties to agee by contract or It m3ght be silent, but such silence s1�a11 uot Ue construed as a pxohibition against agreement by contract. In tfie event tha[any provislon ox clause of thi$ Seciu�ity Instrument or the Note conflicts�vith Applicable�aw, scch conflict shall not affect other provisions af fliis Security Instruinent or the Nota which can be given effect withou[the conflicting provision. � As used in this Securitv Inshvment (a)words of the masculine gender shall mean and include corresponding- neuter words or words of the feminiue gender; (b)words in flie sing¢lar shall mean and inaluda the plural . and vice versa; and(c) the word"may" gives sole discretion without any obligation to take any action. 7 7. Borrower's Copy. Bonower shall be given one copy of the Note and of this Security Inshvment. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" me�s any legal or beneficial interest in the Property, including but not limited to, those Ueneficial interests transferred in a bond for deed, contract for deed, installmeat sales contract or escrow agreement, the intent of which is thc h-ansfer of title by Borrower at a future ciate to a purchaser. ff all or any parC of the Property or any Jnterest in the Property is sold ar rtansfersed(or if Borrower is not a natural person and a beneficial interest in Borrowu is sold or ffansferred)without Lender's prior written consent, Lender may require inunediatc payxnent in full o£all sums secured by this Security Instrument. Howeuer, this option shall not be exercised by Lcnder if such�ercise is protubited by Applica6le Law. If Lender exercises this oprion, Lender shall a ve Borrower notice of acceleration. The notice shall provide a period of noT less than 30 days fram the date the notiee is given in accordance with Section 15 witlrin which Boxrowe�'must pay a11 suxns secured by this Security Instrument. If Borsoc�rex �tils to pay these sums priar to thc expiration of this period, Lender may invoke any remedics perxnitted by this Security Instrumeut without further notice or demand on Borrower. 19. Borrow er's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower shall have the rir�t to have enfomeanenY of tUis Seeurity Instrumenf diacontinued at any tune prior to the c�rli�st of. (a) five days hefore sale of the Property pursuant to any power of sale eontained in this Security Instrument (b) such other period as Applieable Law mi�ht specify for the tern�ination of Borrowzr's right to reinstate; or(c) en#ry of a judgment en#'orcing this Security Insh-Lunent Those condifions are that Borrower: (a)pays Leuder all sums which�lien would be due under this Security Inst�rument aaid the Note as if no accalera�ion had occurred; (b) cures any default of any other covenants or agfeements; (c)pays all expenses incurred in enforcing tl�is Security Instrument, includina, bu[not limited to, reasonable attorneys' fees, property inspection and valuation Fees, and other Iees incurred for the purpose of protectina Iender's interest zaoozasa NFBR45KASingle Famity-Fannie 1�i aeiFretlaie Idac UNIFowd INSTRl1M GNT Form 3o28 1/01 VMP� � VMP6fNElI11a5) Wolters Klewer Pinancial Services Page 12 ot 1]