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20 403722 <br /> k <br /> designated a substitute notice address by notice to Lender.Borrower shall promptly notify Lender of <br /> Borrower's change of address.If Lender specifies a procedure for reporting Borrower's change of address, <br /> then Borrower shall only report a change of address through that specified procedure. <br /> There may be only one designated notice address under this Security Instrument at any one time.Any notice <br /> to Lender shall be gives by delivering it or by mailing it by first class mail to Lender's address stated herein <br /> unless Lender has designated another address by notice to Borrower.Any notice in connection with this <br /> Security Instrument shall 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 Applicable Law,the Applicable Law <br /> requirement will satisfy the corresponding requirement under this Security Instrument. <br /> 18. Governing Law;Severablity;Rules of Construction.This Security Instrument shall be governed by <br /> federal law and the law of the jurisdiction in which the Property is located.All rights and obligations <br /> contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br /> Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent,but <br /> such silence shall not be construed as a prohibition against agreement by contract.In the event that any <br /> provision or clause of this Security Instrument or the Note conflicts with Applicable Law,such conflict shall <br /> not affect other provisions of this Instrument or the Note which can be given effect without the <br /> !r Security 8► <br /> conflicting provision. <br /> As used in this Security Instrument:(a)words of the masculine ne gender shall mean and include corresponding <br /> neuter words or words of the feminine gender;(b)words in the singular shall mean and include the plural <br /> and vice versa;and(c)the word"may"gives sole discretion Without any obligation to take any action. <br /> 17. Borrowers Copy.Borrower shall be given one copy of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower.As used in this Section 18,"Interest in <br /> the Property"means any legal or beneficial interest in the Property,including,but not limited to,those <br /> beneficial ink transferred in a bond for deed,contract for deed,installment sales contract or escrow <br /> agreement the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or transferred(or if Borrower is not a <br /> natural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior written <br /> consent,Lender may require immediate payment in full of all sums secured by this Security Instrument. <br /> However,this option shall not be exercised by Lender if such exercise 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 from the date the notice is given in accordance with Section 15 within which <br /> Borrower must pay all sums secured by this Security Instrument.If Borrower fails to pay these sums prior to <br /> the expiration of this period,Lender may invoke any remedies permitted by this Security Instrument without <br /> further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration.If Borrower meets certain conditions,Borrower <br /> shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br /> earliest of:(a)five days before sale of the Property pursuant to any power of sale contained in this Security <br /> Instrument;(b)such other period as Applicable Law might specify for the termination of Borrower's right to <br /> reinstate;or(c)entry of ajudgment enforcing this Security Instrument Those conditions are that Borrower. <br /> (a)pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br /> acceleration had occurred;(b)cures any default of any other covenants or agreements;(c)pays all expenses <br /> inured in enforcing this Security Instrument,including,but not limited to,reasonable attorneys'fees, <br /> Nti tAe <br /> �tproperty inspection and valuation fees,and other fees incurred for the purpose of protecting Lender's interest <br /> aEga ee Fsnly-Ffvi"MaeR}eedie Mac UMFOfiM Demmer er 12"M of 17 <br /> Wattarsiflawer finenoli aervus <br />