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200802938 There II1aY be only ODe designated. notice adc1ress under this Security Instrument at anyone time. A.D.y notice to Lender shall be given hy delivering it or by mailing it by first c.lass mail to Lender's address stated herein unless Lender has designalCd another address by notice to Borrower. Any notice in connection with this Security InstIUIll.ent Ihall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrament is also required under Applicable Law. the Applicable Law requirement will satisfy the corresponding requirement under this Security lnstr\1JIle1lt. 16. GovemiDg Law; Severability; Rules of Construction. This Security InstrUment 15ball be governed. by federal law and the law of the jurisdiction in which the Propcny is located. All right! and obU;atiolll5 contaiJled in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or intpUcitly allow the parties to agree by contract or it might be silent, but such silence shall not be c.ODlltrued as a prohibition arainst agreement by COntract. In the CVellt that any provisiOtl 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 the Note wbich can be giVe1l effect without the conflicting provision. As used jn this Security InslrWllCnt: (a) words of the masculille &ender sball mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall Il1tan artd include the plural and vice versa; and (c) the word "may. gives sole discretion without any obligation to talce any action. 17. Borrower's Copy. Borrower sball be liven one copy of the Note and oftbis Security Instrument. 18. TraNfer of the l"roperty or a Beneficial loterest in Borrower. As used in this Section 18. "Interest in the Property" means any legal or beneficial interest in the Property, including. but not limited to, those beneBciiU interestS tranSferred. in a bond for deed, contract for deed. installment sales contract or escrow a.greement. the 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 BOITQwer is not a natUral person and a beneficial interest in Borrower is sold or uansferrcd) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. llowe-/er, this optiOIl. sball not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall pve Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower DlU$t pay all sums secured by this Security InstIU1l1eDt. If Borrower faits to pay these sums prior to the expiration of this period. Lender may invoke any remedies permitted by this Security Instrumenl without funber notice or demand on Borrower. 19. Borrower's Right to ReiDState Mta' Acceleration. If Borrower lIleets 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 of the Property pursuant to any power of sale contained in this SecurilY Instroment; (b) such other period as ^pplicable Law might specify {or the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security InStrument. Those conditions are that Borrower: (a) pays Lender all sums wbich then would he due under this Security Instrument and the Note as if 110 ac.celerauoll had occurred: (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instroment. including, bul not limited to. reasonable anomeys' 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 Instroment; and (d) takes such action as LCIlder may reasonably require to assure that Lender's interest in the Propcny and riiPlu unc:1er this Security Instrument, and aorrower's obligation to pay the sumS secured by this Security InstnlDll:IJt. shall continue unchanged. LeDder may require that Borrower pay such reinstatement sums and e~es in one or more of the following fOnDS, as selected by Lender: (a) cash; (b) woney order; (c) ccttified check. bank cheCk. treasurer's check or cashier's check. provided any such check is drawn upon lJn institution whose deposits are insured by a federal agency. inStrumCfltality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower. this Security Instrument and obligations secured hereby 0110280022 Gl-S(NEI 104071.02 hOe" of" Inl~ V ;J;1j Form 3028 1101