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200207183 There may be only one designated notice address under this Security Instrument at any one lime. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Leader has designated another address by Trades to Borrower. Any notice in COTHICICtiul with this Security Inshume t shall not be deemal to have been given to header until actually received by Leader. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law replirentcatt will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Roles of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located All rights and obligations contained le this Security Instrument are subject to tiny reyuirementy slid limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might he silent, but such silence shall not be construed as a prohibition against agreement by contract In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or file Note which can be given effect without the conflicting provision. As used in this docility Instrument (a) words of the convention gender shall mean and include corresponding center words or words of the feminine gender; (b) word in the singular shall mean mid include the plural and vice versa; wed (e) the ward "may" gives sole discretion without any obligation to take any action. 17. Borrower'x Copy. Borrower shall he given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Rorrorver. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not funded to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow e6•reemeu, the intent of which is the insister of title byy Burrower are future dam m a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower IN nor n natural per son and a bencficial much est in Porruwer is sold or transferred) without Leader's prior written consent Lender is o require immediate payment in y full Leader all sum secured is this Security Ivstrumevl. However, this option shall not he exenased by Lender if such exercise is prohibited by Applicable Law. If Lender exorcists this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less that 30 days from the date the notice is go so in accordance with Section 15 within which Borrows must pay all sums secured by this Security Instrument. If Borrower fails to pay these awns prior to the expiration of this period, lender may invoke any remedies permitted by this Security Instrument without furtlher notice or demand on Borrower. 19. Borrower's Right to Heinsmte After Acceleration. If Borrower accts certain coodibmin, Borrower .shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of; (a) five days before side of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other pier d as Applicable Law b specify for the temrinaion of Borrower's right to reinstate; or le) entry of a judgment enforcing this Security Instrument Those conditions ere that Borrower: (a) pays Lender all sums which than would be due under this Security Instrument and the Note as Lou acceleration had occurred; do cures my default of any other covetunsl or agreenenLc; (c) pays all expenses installed in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other f incurred for the purpose of protecting i adds interest is IM Property and rights ender 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 Insnwnent, and Borrower's obligation to pay, the sums secured by this Security Instrument, shall continue unchanged. Leader may require that Borrower pay such reinstatement smnY and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order, (e) cartificd check, bank check, treasurers check or cashier's check, provided any such dhwk is drawn upon so institution whose deposits ar insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement w ent by Borrower, this Security Instrument aid obligations secured hereby / 229152 J � °', -a1NEl (roo.J y a. 1. roan 3038 fief