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JAN -25 =2001 THU 02:15 PM WELLS FARGO HOME MTG FAX NO, 402 536 2230 P, 25/30 There may be only one designated notice address under this Security Instrument at any one unit. All notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lendcr until actually received by Lender. If any notice required by this Security Instrument is also requited under Applicable Law, the; Applicable Law requirement will satisfy the corresponding requirement under this Sccttrit I11Stiuthelll. 16. Governing Law; Severability; Rubs of Construction, } governed by federal law and flee law of the jurisdiction in which the Property r located. A11 rights and This Security Instrument shall be obligations contained in this Security Instrument are subject to ally requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be eunstrucd as a prohibition against agreement by contract. In the event that any ph vision or clause of this Security Instrument or [lie Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which c given effect without the conflictin PP Ie As used in this Securit Instrument: n, an be comes ontiin y fir) words of the ►naseuline gender shall mean and include P b nt.u[er words or words of the feminine gender; (b) words ire the singular shall mean vlLl include the plural and vice versa; and (c) the word "ray" gives sole discretion without any obligation take any action. 17. llorro'wer's Co b to PY• Borrower shall be given one co of IS. Tr:tmsfer of the Property or a Beneficial Inter t intllorrower1dAs used ill Sectiorr�l8, "Interest in fire Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract forded, installment sales contract or escrow a�+recment, the intent of which is the transfer of Lille by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or tru,s is not a natural person veil a beneficial interest in Borrower- is sold or transferred) without Lender's prior written consent, Lender May require immediate payment in full of all suns secured b(othtsBoe pwr r Instrument. However, this op[icra shall not be exercised by bender if such exercise b prohibited it Applicable Law. Y Security If Leader exercises this option, Lender shall give Borrower notice of acceleration. The rroticc shall provide a period of not less than 3G days from the date the notice is given in accordance with Section 15 within which Borruwcr must pay all sums secured by this Security Instrument. If Borrower fails t these sums prior to the expiration of this period. Lender may invoke any If err fai Security Insrn►nlcnt without further notice or demand on Borrower, ° PaY P by this 19, Iorrower's Right to Reinstate After Acceleration. If Borrower meets certain condition Borrower shall have the right to have enforcement of this Security Instrument discontinued at 11 prior to the earliest of; (a) five days before sale of the Property �� [his Security Instrument; (b) such other period as Applicable Law might speCif'y for the termination ti time P' Y pursuant to any power of sale contaiue'd in Borrower's right to reinstate; or (e:) conditions are that Borrower: of a judgment enforcing this Security Instrurent. ,hose Jilin irtent uid [he Note as if no acceleration had occurred; (b) cures any default of an a) Pay Lender all sums which then would be due under this Security agrecrnen[s; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees es incurred o Wants or Puff of Protecting Lender's interest ire the Property and rig takes such action as Lender may reasonably require to assure that rights under this Security Instrument. [lender's interest in the Property or the his under this Security Instrument; and (d) and Borrower's obligation to pay the Sums secured by this Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; uri`y r:ertified check, bank check, treasurer's check or cashier's check, provided any such check is draw upon 1tl an institution whos„ deposits are insured by a federal agency, instrumentality or entity; ur (d) Electronic ( ) Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby �� 6f NE) 100051 P,�a 11 of 15 /y 1 Form 3028 1 /01