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200603823 Th<:rl' Inay bl' only one dl'signated notice address under this ,'il'curity Instrument at anyone time. Any notice to Lender sb:t,] b" givcn by deliverin!! it or by 111:liling it by first class mail to Lender's address stated herein unks, Lt'lei,'!" has designalcci another mldress by notil'e to Borrowl'f. Any notke in connection with lhi:, Sn:uri:y Instrument shall not be deemcd to have bl'l'n given to Lender until actually received by Lendl'!, If ,lilY notice required by tb is Security I nsl rument is also requircd under Applicable Law, the Applicable L,IW rl'quirl'ment will satisfy thl' corresponding requirement under this Security Instrument. 16. (;ovcrning Law: Severability; Rules of Construction. This Security Instrument shall be governed by feclt-ral law alld the law of the jurisdiction in which the Property is located, All rights and obligations eontai ncd ill I h is Sl'curity J nst ruml'nt arl' subject to any requirernents and limitations of Applicable Law. ;\pplicbk Law might explicitly or implicitly :dlow the parties to agree by contract or it might bl' silent, bUI suel: silence shall not be construed as a prchibition against agreeml'nt by contract. In the event that anI' provi::ioll or clausc of Ihis Security 1Il''uUIlll!llt or the Note eont1icts with Applicable Law, such contli~,t :hall nOI alleet other provisions 01' thie: Sl:cllrity Instrument or th'e Note which can be givl'n effect without the ullll1icting provision. As used in this Security Instrulllent: (a) words of thl! masculine gender shall mean and include corresponding nellll'! words or words of the feminine gender; (b) words in the singular shall lTIl'an and include the plur,i1 ,Iud vice versa; and (c) the word "may" gives sole discretion without any obligation to take any actiun. 17. Borrower's COP)' Burrower shall he 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 ProjlerlY" lueans any legal or beneficial interest in the Property, including, but not limited to, those bencl'ici;II ill:erest' tr:lllsferred in a hond for deed, contract for deed, installment sales contract or eserow agreeillu::. ilL' il; l!1~: ol~ which is the transfer ol'title by Burrower at a future date to a purchaser. If all or any part 01 t1i,' Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural pnsoll :I]I(! a bendicial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender riLlY rcquire inHnediate payrnent ill lull of all sums secured by this Security Instrument. Howcver, thi;: option shall nol 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 ot nol i(s: Ihan 30 days from the date tllC Ilotice is given in accordance with Section 15 within which Borrower must pay all SUlns Sl'ClllUl by thie: Security Instrument. If Borrower fails to pay these StllnS prior to lhe expiration of Ihis period, Lender may invoke any remedies permitted by this Security Instrun1l'ilt without fllrther notice or demand on Borrower, 19. Borrower's l<igll 10 Rcinstate After Acceleration. If Borrower meets certain conditions, Borrower sh:i11 l:::ve the r:,hl to have cnforcement of thi:; Security Instrulnent discontinued at any time prior to the e,lrlil']it oi: live: days before s,i1e of the Property pursuant to any power 01 sale contained in this Security Insl runlc'ut: () such other period as AppliC:lble I..aw might speci fy for the termination of Borrowcr's righl to reills:.lte; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all surIlS which then would be due under this Security Instrument and the !\ute :IS ii' uo acceleration had occurred; (h) cures any default of any other covenants or agn:ements; Ie) ]lltYs ,dl \.XIL'uses incurred iu cllfurcing this Set:l,rity Instrument, including, but not limited to, reasonable al:eHI1"Ys ::cs property inspection and valUalHll1 fees, and other fees incurred for the purpose of proIL'Ctinf2 Ll'mli..'r's interest in the Property and rights under this Security Instrument; and (d) takes such act ion as l.el1(k;' Illay reasonably require to assure that Lender's interest in the Property and rights undl'! Ihis SeC\lrityluslrument, and Borrower's obligation to pay the sums secured by this Security Instrument. .shall 1:0111 inll'_' I Ilch::nlged. Lender may require that Borrower pay such reinstatement sums and expenses in (llle (Ir IllOIT ( I' llie following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, b:ll1k elie~i:, l reasurer' s check or cashier's check, provided any such check is drawn upon an institution whose dep(l~;ie: are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds TransIL'I'. [,pOll rc:n't:.ltcment by Borrower, this Security Instrument and obligations secured hereby l\l\ICl '1 '1 oi : S Initials: ~d- 0110252081 G .6(NE) (0,11)7(.11: (iJ Form 3028 1/01