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201007997 There may be only one designated notice address under this Security Instrument at any o�e time. Any notice to Lender shall be given by delivering it ar by mailing it by first class mail to L�uder' s addreas stated hereixa unless Lender has designated another address by notice ta Borrower. Any notice in conneckion with this Security Instrument shall not be deerned to have been given to Lender un�il achially received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requairement will satisfy the corresponding requirernent under this Security Instrument. 16. Gnverning Law; 5everabi�aity; Rules of Construction. This Security Insbnun�nt shall be governed by fede�al law and the law of the jurisdiction in which the Property is locatefl. All rights �d obligations contained in this Security In.�trument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the partrties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by cantirract. Tn the event that any provisian ar clause of this Security 7ns�ument or the Note conflicts with Applicable Law, such con�lict shall not aff�ct other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words af the masculine gender sha11 mean and include correspanding neuter words or words of the fernirnne gender; (b) vvords in the singul� shall mean and include the plural and vice versa; and (c) the ward "may" gives sole discre�tion v�nthout any obligation to take any action. 17. Barrower'a Copy. Borrower sha11 be given one cdpy of the Note and of this Securi,ty Insbrumcnt. 18. Tr�nsfer of the Property or a Benefldal Interest in Borrower. As used in this Section 18, "Interest zn the Property" means any 1ega1 or beneficial interest in the Property, including, but not lirnited to, those beneficial interests transferred in a bond for deed, contract for deed, inistallment sales conbract or escrow agrcernent, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part af the Property or any Interest in the Froperty is sold or transferred (or if Borrower is not a natural person and a bene�icial interest in Borrawer is sold or bransferrad) without Lender's pxior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, tb,is option shall nat ba exercise� by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give 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 5ection 15 within which Borrower must pay all sums secured by this Security Instrvment. If Borrower fails to pay these sums priur to the expiration of this period, Lender may invoke any remedies permitted by this Security Insbrunnent without further notice or demand �n Borrower. 19. Borrower's Right to Reinstate After Acceleratfon. If Borrower rneets certain conditions, Borrower shall have the right ta have enforcement of this Security Instrurnent discontinuad at any tinne prior to the earliest of (a) �ive days before sale of the Property pursuant to any power of sale contained in this Security Insirunnent; (b) such othex period as Applxcable Law might spacify for the termination of Borrower' s right to reinstate; or (c) entry of a judgment enforcing this 5e�urity Inslrument. Those conditions are that Sorrower: (a) pays Lender all sums which then would be dne under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default af any other covenants or agreements; (c) pays all expenses incurred in Bnfarcing this Secuxity Tnstrument, including, but not limited to, reasonable attorneys' fees, property inspection sud valuaiion fees, and other fees incurred for the purpose of protecting Lender' s interest in the Froperty and rights under this Sacurity Instrument; and (d) takes such action as Lender may reasonably require tu assure that Lender' s interest in the Property and righta under this Security Instrument, and Barrower' s obligation to pay the sums securefl by thia Security Instrument, shall continue unchanged. Lemder may requira that Sorrower pay such reinstatenr►ent sums and expenses in one or more of tha following forms, as selected by Lender: (a) cash; (b) money order; (c) c�rtified check, bank checl� treasurer' s check or cashier' s check, provided any such check is drawn upon an institution whose depasits are insured by a federal agency, ins�entality ox entity; or (d) Electroni,c Funds Traxasfer. Upon reinstatement by Borrower, thi,s Security Instcvment and obligations secured k�ereby shall remain fully ef#'ective as if no acceleration had occurred. However, this right to reinstate sball nat apply in the case of acceleration under Sectiun 18. 22QOp79023 D V6ANE N�FiA3KA - 3ingle Fsmily - Fannla Mae/Freddle 11Aec UNIFORM INSTRUMENT WRH M� r �-6A(Nq loe�01 Pepe �� ot 1S Initlels: � FoR1� 3028 1/01 �