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200205468 There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein miless wnec on with his Security Instrument shall notlberdeemed t by been given to Lunderr until actually received by Lender. if any notice required by this Security Instrument is also required under Applicable nt will satisfy the corresponding requirement under this Security Law, the Applicable Law requireme Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Inatnlnlem 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 any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the ponies [o agree by contract t. n might en silent, y provision clause of his Security Instrument orn the Note confl ce; [w by ith cAppl Applicable the ,such that co any p Law, such conflict shall no[ affect other provisions of this Security Instrument or the Note which can be given effect without the wnflicting provision. As used in this Security instrument: (a) words of the ma corresponding he an gulnreshallanmeaaland corresponding neuter words or words of the feminine gender; (b) include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the rr and of this in this S Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrowr. e used in this Section limited t not "Interest in the Properly" means any legal or beneficial interest in the deed, property, installment including, bu contract or to, those beneficial interests transferred in a bond for deed, escrow aKreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any Pan of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or all sum s without Lender's prior written consent Lender may require immediate payment in firll of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this Option , Lender shall 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 to pay within which Borrower must pay all sums secured �Le d r Security m invoke any Instrument. emedies permitted sby this these sums prior to the expiration of this period, y Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. It' Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued contained any time prior to the earliest of: (a) five days before sale of the Property Lawumight specpfy for [healcnnnation of this Security Instrument, ro) such other period as Applicable Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Itstm his Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of my other but covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, an other fees for the to, reasonable attorneys' fees, property inspection and valuation fees, and (d) purpose of protecting Lender's interest in the Property and rights under his Security Instrument; takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Ins[mment and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Iw:nder may require that Borrower pay such reinstatement m Money Order; ( ) expenses in one or more of the following fortes, as selected by Lender: (a) cash; O Y certified check, bank check, treasures S check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby mmm6 v... .. at s Form 3028 1101 ® �61NE7 iaoasi