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200707443 Then' fllay he only one designated notice address under this Security Instrument at anyone lime. Any notice to Lender shall he given by delivering it or by mailing it hy first class mail to Lender's address slated herein unless Lender has desiguated another address by notice 10 Borrower. Auy uolice in conneclion with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required hy this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under litis SecurHy Instrument. . 16. Governing Law; Severability; Rules of Construction. This Security Instrumcnt shall 1)(' govcrned hy federal law and the law of the jurisdicliou in which the Property is 'located. All rights and ohligalillJls cOJlliliJled ill this Security Inslnllnent arc suiJjccl to allY requirenwnls alld linlilatilllls oj' Applicalile Law. /\pplicable Law might explicitly or implicitly allow Ihe parties to agree hy conlracl or it might hI: silent, but such silence shall not be construed as a prohibition against agreement by contwct. III the event that any provision or clause of this Security Instrument or the Noll' conflicts with Applicahle Law, such conflict shall not affect other provisions of this Security Instrumcnt 01' the Note which can he given effect without the conflicting provision. As used in Ihis Security Instrument: (a) words of the masculine gender shall mean and include corresponding lwuter words or words of the ferninine gender; (b) words in the singular shall nll'au and include the plural and vice versa; and (c) the word "may" gives sole discretion withonl any obligation 10 take any aclion. 17. Borrower's Copy. Borrower shall he given OIH' copy of the Note and of this Security Instrunl('nt. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Spclion IX, "Interest iu the Property" means any legalur benel1cial interest in the Properly, including, but not limited 10, those beneficial interests transferred in a hand for deed, contract for deed, installment sales conlract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date 1.0 a purchaser. If all or any part of the Property or any Interest in Ow Property is sold or transferred (or if Borrower is nol a natural person and a beneficial interest in Borrower is sold or transferred) without LelHlcr's prior written consent, Lender may require immediate payment in full of all SUIllS secured hy this Securily InstnlUltll1. Jlowever, tbis option sball not bp exercised by Lender if such exncise is prohibited by /\pplicaiJle Law. If Lender exercisps this option, Leuder shall give Borrnwer notice of acceleration. The notice shall provide a J!l'riod of not less than :{O days from the date the noticl' is given in accordance with Section I:i within which Borrower Blust pay all sums secured by this Sl'curity Instrument. If Borrowl'r fails to P,IY thl'se SUlllS prior to the expiration of this period, Lpnder may invoke any renwdies permitted by this Security Instnnllent without furlher notice or demand on Borrower, 19. Borrower's Right to Reinstate After Acceleration. If BO!Tower nH'ets cerlain conditions, Borrower shall have the right to have enforcement of Ihis Security Instrument disconlinued at any tillll' prior to the earliest of: (a) f"ive days before sale of the Property pursuaut to any power of sale contairwd in this Security Instrument; (b) such other Iwriod as Applicable Law might spl'cify for the termination of Borrower's right to reinstate; or (c) elltry of a judgment enforcing this Security Inslrunwnl. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Secllrity Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covpnanls or agreements; (c) pays all expenses incurred in (~nforcing this Security Instrllment, including, hut not limited 10, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security I nstrunH'nl: and (d) takes such act ion as Lender may reasonably require to assun' that Lender's interest ill the Propl'rty and rights 1I11(Jpr this Security Instrument, and Borrower's ohligation to pay the SlUIlS securcd by Ihis S(~curity Instrumenl, shall conlinue Illlchanged. Lender may require that Borrower pay such reiustatelll('ut slims and expl'nses iu olle or more of the following forms, as selected by Lemler: (a) cash; (h) IlIOllCY onll'r: (c) certitied check, bank check, treasurer's check or cashier's check, provided any sllch check is drawn upon an institution whose deposits are insured by a federal ag('ncy, instrumentality or entity; or (d) Electrollic Funds Transf'er. Upon reinstalenwnt by Borrower. this Securily Illstrument and ohligatiolls secun~d Il('n:by shall n~lllaill fully ef'f'eclive as if no acceleratioll had occurr('d. I/owever, this right to reinstate shall 1101 apply ill the case of accell'ratioll under Section I H. 002004634292 Ci-6A(NE) (()407).01 (~) Page 11 (Jf 15 ''''1I111'C4.~L Form 3028 1/01 CiliMongage :\.2. IJ.01 V-I