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201008337 There rnay be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by rnailing it by first class rnail to Lender's address stated herein unless Lender has designated another address by nntice to �orrower. Any notice in connection with this 5ecurity Instrurnent shall not be deerned to have been given to L,�nder until actually received by Lender. lf any notice required by this Security lnstrument is also required under Applicable I.aw, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrwnent slaall be gaverned by federal law and the law of the jurisdictian in which the Property is located. All rights and obligations contained in this Security Instrurnent axe subject to any require�nents and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it rnight be silent, but such silence shall not be construed as a prohibition against agreement by contract. Tn the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict sha11 not affect other provisions of this Security Instrument ar the Note which can be given effect withaut the conflicting provision. As used in this Secur�ty lnstrument: (a) words of the znasculine gender shall znean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall inean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligatiqn ta take any action. ] 7. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 1$. Transfer af the Property or a Bene�cial Interest in Sorrower. As used in this Section 18, "Interest in the Property" rneans any legal or beneficial interest in the Property, including, but not lirnite�l to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract ar escrow agreeznent, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If aIl or any part of the Property or any Tnterest in the �roperty is sold or transferred (or if Borrow�r is not a natural person and a beneficzal interest in Borrower is sold or transferred) without Lender's prior written consent, Lender rnay require irnrnediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by L,ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 3� days from the date the notice is given in accordance with Section 15 within which Borrower must pay a�l swns secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies pernutted by this Security lnstrument without further notice or demand on Borrower. 19. Borrower's Right ta Reinstate After Acceleration. If Borrower �neeCs certain coanditio;ns, Borrower shall have the right to have enforcernent of this Security Instrument discontinued at any time prior to the eazliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instnunent; (b) such other period as Applicable Law might specify far the ternunation of Borrower's �ight to reinstate; or (c) entry of a judgment enforcing this Security Instz�wnent. Those conditions are that Borrovver: (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; (c) pays all expenses incurced in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' 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 Instrument; and (d) takes such action as L.ender may reasonably require to assure that T..ender's interest an the Property az�d rights under ihis Security Instrument, and Borrower's obligation to pay the swns secured by tlxis Security Instrument, shall continue wnchanged. Lender may require that Borrower pay such reinstaternent surns and expenses in one or more of the following fortns, as selected by Lender: (a) cash; (b) money order; (c) certi�ed 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; ar (d) Electronic Funds Transfer. Upon rei:nstatennent by Borrower, this Security Instrument and obligations secured hereby i��c�aig: �-6G(NE) 1o0051.0� Page 11 of i5 Form 3028 1/01 � S � . � �i � r � �.�� . .� / . �1 , '� �� U,G.�..