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200303085 There may lu only one designated notice address under this Security Instrument at any one lime. Any .mice to Lea m shell be given by delivering it or by mailing it by first class mail to Lender 'a address stated herehh 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 Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument, 16 Governing Law, 3everebility; Rules of Construction. This Securityy Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to y requirements and limitations of Applicable Law, Applicable Law ndfld explitidy or implicitly allow the parties m agree by contract or it caught be silent, but such silence shall not be convicted as a prohibition against agreement by contract. In the event that any provision or clause of this Security instrument or the Nate con Bets with Applicable Law, such conflict shall nut affect other provisions of this Security Instrument or the Note whch can be given effect without the conflicting nmvixinn. As used in this Security Ins ineural (a) wards of the masculine gender shall m and include r, corresponding ferric words or words of the feminine gende (b) words in the singular shall mean and include the plural and vice versa; and (c) the word 'may' gives sole discretion without any obligation to take any action. 19. Boaowar's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower_ As used in this Section 18. 'Interest in the Property " means any legal or beneficial interest in the Property, including, but not limited W, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or esc� f eP,uor any an of the Pre Property is any title Me bYOO erl cur at ld or transferred (or if Bawer is net aennattural Y person d a beneeficial interest in Borrower is soldyor trareferreA without Lenders person an ) cur prim canine. consent Lender may require immediate not payment in full of all sums secured Is this Security Inatmmnnt. However, this option shell not be exercised by Lender if such exercise fr prohibited by Applicable Law. If Lender exercises this option, Lender shel give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to @e expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrowers Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) flue days before sale of the Property pursuant to any power of sale contained in this Security Insfroment; (b) such other period as Applicable Law might specify for the termination of Borrower s right to orientate; or (e) entry of a judgment enforcing this Security Instrument Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security hratroment and the Nate as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (e) pays all expenses incurred in enforcing this Security Instrument including, but not limited m, reastrumble attorneys' fees, property inspection and valuation fees, and other fees incurred for the propose of protecting Lender's interest in the Property and rights under this Security Instrument: and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation m pay the sums sormrell by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sum and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) cer ified check, bank check treasurer's check or cashlei s check, provided any such check 's drawn upon an institution whose deposits are Insured by a federal agency, instrumentality or entity: or (d) Electronic Fum& Transfer. Upon reinstatement by Bovoweq this Security Instrument and obligations secured hereby I,IU R 000236146 1000236146 naa 1 ® 6A(NE)towst .r — Form 3028 1101