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200600025 There may be OtIly Qrte designated notice address tmder this Security Instr\.1mem; at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by fIrSt class mail lO Leucler's address stated herein unIe~ 4"11der has desigoated another address by notice to Borrower. Any nOlice in connection with this Security Instl'W:l1ent shall not be deemed to have been given to Lender until aetua1ly received by Lender. If any notice requited by this Security Instrument is also required uooer Applicablc Law, the Applicable Law requirement will $Silh:fy the corresponding requirement under thi~ Security Instrumcrn. 16. Governing Law; Sevetability; Rules of COD."ltruction. This Security In.''lttumet)t shall be govemed by fedcr.a1law and the law of the jurisdiction in which the Property is loc.-u:oo. All right"l and obligations contained in this Securily 1n.'lffiIm.ent are subject to any requirements and limitations of Appli~le Law. Applicable La.w might explicitly or Dnplicitly allow the partics to agree by contract or it might be silent, but such silence shall not be con!:ltrued. as a prohibition against agreement by conl~'t. 11:1 the event tha1 my provision or clau....;;e of this Security Insttwnent or the Note conflicts with Applicable Law, such conflict shall not affect other provi$iot\8 of this Security Instrument or the Note which can be given effect wi.thout the conflicting provision. As used in this Security Instrumcn.t; (a) words of the mIDlCuJine gender shall mean and include co~ing neuter words or words of the feminine gender: (b) words in the singular shall mean and inc:lude the plural and vice versa; and (c) the word "may~ gives sole discrclion without any obligation to mke any action. l7. Borrower's Copy. Borrower shall be given one copy of the NOle :md. of this Security In.''lltument. 18. Tran...rer or the Property or a Beneficial Intcreit in BorrQwer. As used in this Section 18, "lntCTWt ill the Property" means any legal or beneficial interest in the ProperlY. including, but not limited to, those beneficial interests transferred in a bond for deed. contract for deed, il1$tallment sales contract Ot escrow agreemctll. the intent of which i~ the iTaI:lsfer of title by l3oITQwe:r at a future dare to a purcbaser. If all or any p~ of the Propeny or any lnterest in the Property i~ IlOld or transferred (or if Borrower is not 3 na1~1 person and a benef1dal interest in Borrower it.! sold or transferred) v.ritbout Lender's prior written consent; Lender may require immediate payment in fwl Of ;ill sums secured by this Security InstrutllenL However, this option ~U not be exercised by Lender if such exercise is prohibited by Applicable Law. Jf Lender exerciSt::.\i this option, I...c:o.der $hall give Borrower notice of acceleration. The notice shall provide a period of not less thart 30 days from the ~e the notice is given in accordance with Section 15 within which I3orrower must pay all swns secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of Ihis period, Lender mlI.y invoke any remedies peroritted by this Security Instrument without further notice or demand ot! Borrower. 19. BorTOwer's Right to R.ein..~tate Ml~ Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcemc:o.t of this Security In.~ttl1m(."I1,t discontinued at any time prior to the earliest of: (a) five days befOre:: sale of the Property purrsuanr to any power of sale coutained in this Security InstJ:Ument; (b) such other period as Applicable Law might t-.-pecify for the termination of Bom,lWer's right to reinState; or (c) eI1tty of a judgment cnfotcing this Security Insl:r\lment. Those conditions are that Borrower: (a) pays Lender all Sl..lTOS which then would be due under this Security Instrument and the Note as if no accclenmon had occurred: (b) cures any default of ilDy other covenants or agreements; (c) pays all expenses incurred in enforcing this Sec::urity Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and olher fees incurred fot the purpose of protecting Lcndt,.r's interest in the Property and rights undeT this Security Insttwncnt: and (d) t."lkes such action as Lender may reasonably require to a(wre that Lender's inl~ in the Property and rights under this Security lI'151tTwnent, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require tlW. Borrower pay such reinstatement sums atJd expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money l)tde,; (c) lX--rtified check, bank: check, treasurer's check or cashier'~ check, provided any Sl,l.Ch check is drawn upon an institution whose d~it8 are insW"Cd by lL federal agency. instrumentality or entity: or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument ~ obligations secutCd hereby shall remain fully effective as if no IICCI;Jletation had 0CCll1"Ted., However, this right to reinstate shall n(rt apply in the case of acceleration under Section 18. .-6AINEI (0401) lZl Rg~ ,n'rl,.....;7Rb 0512096854 ""ll~ " 01"'~ Fonn 3028 1/01 ~vO'd to8188Z9lB 31lll lSHI~ ^1IHfi03S ~8:81 900Z-91-03a