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200806925 There may be only one designated notice address under this Security Instrument at anyone time, Any notiCe to Len<;ler 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 SeC1.ltity Instruinent. shall not be deemed to have been given to .Lcnder until actually received by Lender. If any uotiCe required by this Security Instrument is also required under Applicable Law, the Applicable Caw requirement will satisfy the corresponding req\lireinent under this Security Ins.ttument. ' . . .. .. . .16. Governi:Qg Law; Severability; Rules. of Construction. This Security Instrument shall be goverIiedby federal law and the law of the jurisdiciion . in which the Property is located. All rights and obligations contained in .this Secudty Instrument ate subject to any requirements and limitations of ApplicabIcLaw. . Applicable Law m~ght explicitly or implicitly allow the. parties to agree by contract. or. it might be silent, but suCh silence shall ilOt be construed as a prOhibition against agreement by contract. In the' event. that; anyprovisl~m :brclatlsc. of this Security.. Instrument or (he Note. . conflicts with. Applicable Lliw;stlcbcotifliCtshall not affectothcrprovisiomlo(this SCcluiiy Insttuinent or the. Note which can .be give~effec~withotlttheCQntlicthig;ptovlsion:'. .. ..... ... . ... . ..... ... .. ..... .:.. ........ .. As used: in this Security lnstllID1efit:(a) wor<;lsofthe mascUlini gen<;lershall mean and ihClude correspoilding,neuter words or words of .thefel11inine gender; (b) words in the singular. shall mean and. include the plural and vi~ versa; and (c) the word "may" gives ~ole discretion without aIlY obligatloll to take any action. .. . .. .. . . . 17.. BOrrower's Copy . Borrower shall be given one copy of the Note and of tbisSecurity Instrument. 18. 'l'rilll$t'er of.tbePtoperty oralJenefiCiallnterest in B.ortower: As used in thii>ScctiOn 18, "!rtterest in the Property":mellils any legal or beneficial interest, in the Pro~ity ,iricluQlng. but not limited. to,. thOse beneficial interests transferredjh a bOnd for deed, c()ntract for deed, instal1mentsales contract or .escrow agreement, the intent of which is the transfer Of title by Borrower at a future date to apurchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a naturliI person and abcneficial interest in Borrower is sold or transferred) without Lender's prior written conSent, Lender may. require immediate payment in full of all sums secured by this Security Instrument. However,. this option shall not be exercised by Lender if such exercise is prohibitedhy Applicable Law. . . . . . If Lender exercises this option, Lender shall give Borrower notice ofaccelenttion. The notic~ 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 must pay all sums secured by this Securitylnstrument. If Borrower fails to pay .these sums pl'ior to the expiratioil of this period. Lender may invoke any remedies permitted by this Security Iilstniment 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 eadiest of: (a) five days befote sale of the Property pursuant to any power of sale contained in this Security Instrument; {b) such other period as Applicable Law might specify for, the termination of Borrower's rigl;Jt to reinstate; or (c) entry of a judgment enforcing this Security Instrument. those conditions an;: that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occilrred; (b) cures any default of any other covenants or agreements; (c) pays all expenses inClIITed in enforcing this Security InstrumCJlt, including, but not limited to, .reasonable attorneys'fees, property inspection and valuation fees, and other fees io<.-'UrrepurpOse oCprotecting Len:der's interest in the Property and rights under this Security Instrunlcnt; and (d) takes such actjon as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's Obligation to pay the sums secured by this Security Instrument, shall continue. unchanged. Lender may require that Borrower pay such reinstatement sums arid 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 l;ieposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instillment and obligations secured hereby Png. 11 of 15 Inhl.l~ ;JSr:5" 0110283305 ~.6(NEI (04(l1j.Oi! Form 3028 1/01