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" 200800525 There may be only one designated notice address under this Security Instrument at anyone tirile.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 Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. lfany notice required by this Security Instrurrient is also required under Applicable Law, the Applicable Law requirement will satisfY the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of ConstructiOD. 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 in this Security Instrument. are subject to any requirements and . limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to. agree by contract or it might be silent, but such silence shall not be construed as a prohibition againstagreementbycontract. In the event that any provision or clause ofthis Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instnllhent or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words. or words of the fc:iminific gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives solc discretion without any obligation to *~~ .. ..... .. . .... . .... ... 17. Borrower's Copy. Borrower shall be given one copy oUhe Note and of this Security Instrument. 18. Transfer of the Property or a BeneficiaLInterestinBorrower.As used in this Section 18, "Interest in the Property" means any legal or benefidal interest in. the Property, including, but not limited to, those benefidal interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, thc intent of which is the transfer of title by Borrower at .a future date to a purchaser. If all or any part 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 transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secuted<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 aceelc:iration. The notice shall provide a period of notless than 30 days from the datc the notice is givcninaccordancewith Section 15 within which Borrower must pay all sums secured by. this Security Instrument. If Borrower fails to. pay these sums prior totbe expiration of this period, Lender may invoke anyremcdics permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, 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 sale ofthe Property pursuaht to any poWer of sale contained in this Security Instrument; (b) such other period as Applicable Law mightspecif:)r for the tennination of Borrower's right to reinstate; or (e) entry ofajudgment enforcing this Security InstrUment. 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 any other covenants. or agreements; (e) pays all expenses incurred in. enforcing this Security InStrument, including, . but not limited to, reasonable attomeys' fees, property inspection and valuation fees, arid othc:ir fees incurred for thc purpose of protecting Lender's interest in the Property and rights under tbis Security Instrument; and (d) takes sucb action as Lender may reasonably require to assure that Lender's interest in thePtopertyand rights under this Security Instrument, and Borrower's. obligation to pay. the sums. secured by this Security Instrument, sl]all continue unchanged. Lender may require that Borrower pay such reinstatement . sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer'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 reinstatemcnt by Borrower, this,seCUrilYInstrument. r' ... . o~tionsseCured hereby eLIi . .0110278085 Initial.: /Iv G-6(NE) (0407).02 $ ~el'of'5 oil- Fonn 3026 1/01