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201008447 <br />There rnay be only one designateci �tice address under this Sccurity Instn�ment at any ana time. Any <br />notice to Lender shail be given by delivering it ar by mailing it by f�irsr class mail to Lender'a aiddress <br />statc� herein tunl�s I.ender has de�signated another address by notice to Horrower. Any notice in <br />vormection with this Security Inswment shall not be deemed to have bc�n given ta L,endcr un�il actually <br />receive� by Y.ender. If any noticc required by this Security Ins�t is also required under Applicable <br />Law, the Applicable Law �reyuirement vvill satisfy the correspondin8 recluirennent under this Secuz�ty <br />Instx'ua�nent. <br />l6. Gove�ning Lsw; Se�vcrability; Rule�s of Construction. This 5ecuriry Inatruxn�nt shall be <br />governeci by federal law and the law of the jurisdiccion� itx which the Property is located. All righCs and <br />obligations containe� in this Securiry Insravu�ent are subjvct W atay reqtitirements and limitations of <br />Applicablo Law. Applicable Law might explicitly or implicitly allow the partiea to agree by contract or it <br />might be ailent, but such silenr.e shall �t be c�trued as a prohibitipn againat agreeznent by contract. In <br />the event that any provision or clause af this Security Instrumex�t rnr the Nots conflicts with Applicable <br />Law, such cc�nflict shall nat affect otber provisions of this Se.curity Instrument or the Note which can be <br />given effe�t without the conflicting provision. <br />As used in this Securiry Instrument: (a) words of th� masculine gender shall mean and includc <br />corresponding neuter wards or words of the feminine gender; (b) words in the aingular shall m� and <br />incl.ude the plural and vice versa; a�d (c) the word "rnay" gives sole discretion without any obligation to <br />take any action. <br />17. &►trower'a Copy. Borrower �ball be givc�n one copy of the Note an�d of this 5ecurity Instruznerxt. <br />1S. Tran�te� of the Property or a Ben�tficial Intea�t in Sorrorwer. As used in this Se�tion 18, <br />"Intez�t in the Prop�rty" means any legal or beneficial intere�t in the Property, including, but not limited <br />to, thosc beneficial interests txansferred in a bond for deed, rantract for deed, installrnent sal� contract pr <br />escrow a , the int�nt of which ia tt� transfer of title by Borrower at a future date to a purchaser. <br />If 1 oa� part of the Property or any Interest in the Praperty is sold or transferned (or if Borrawer <br />is nat a natural person and a beneficial intcrest in Borrower is sold or tranaferred) withoat Lender"s pripr <br />written cnnsent, Lender may require immadiate paym�ent in full of all su�mg eecured by this Security <br />Instrument. However, thia apdon shall mot be e��ercised by L�nder if such exercisc is pmlubited by <br />Applicabl� Law. <br />If Lender exerciees this optaon, I� shall give Borrower notice of acc�leration. The notice shall <br />provide a period of not less than, 30 days from the date Che notice ia given in acxo�sdance with Section 1S <br />wi�thin which Borrower must pay all swns secured by thi�s Sccurity Instrum�t. If Borrower fails to pay <br />these sums prior to the eapiration o�' this period, I,ender may invoke any rernedies permitted by this <br />Securiry lnst�un�ent vwithaut furt�er notice ar demand on Borrovver. <br />19. Borrowesr's Rlght to Relnatate At't� Ae�ederation. If Borrovv�r naects certain conditions, <br />B�rrower shall have the right to have enfarce�ment of this Security Inshiun�nt diso�nti.aued at any time <br />prior to tl� carliest of: (a) �ive days before salc of the Prnperry pursuant to any power of sale contained in <br />Cbis SecuritY Inspument; (b) sw:� otl�r period as Applicable Law might specify for the termination of <br />Borrower's right W reinstatc; or (c) ena�y of a j�grnent er�forcing thi;s Security Ins�t. Tlxose <br />condirions are that Borrowa: (a) PaYs I.end�r all sums which then would bc due under tbiis Security <br />Instnu►leiut and the Note as if no acceleration had oocurred; (b) cures any default of any other cove�nants or <br />a8��; (�) Pays all expenses incurred in enforcing this Secutity lnswm�t, incdudin�, but n�t limited <br />ta, reasonable atCorneys' fas, property inspection and valuation fees, and other �'ces incurred for th� <br />P�� a� Pre►tectin8 Lender's interest in the Prnperty and rights under triis Security Insarurn�ent; and (d) <br />takes such action as � may reasonably require W aasu�re that I.ender's intereat in the Property anud <br />rights undcr thiss Security In�nent, and Eorrower's obligatiora ta pay the sums aecured by this Se�urity <br />Instrt�ent, shall continue un�aa�ed. I.emder tnay requine tt�at Horrower pay such neinstatemern sums and <br />cxpenses in one ar more of tl� following fonms, as �elected by L,ender: (a) cash; (b) moneY ord�r; (c) <br />c�rtified che�k, bank check, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institution whose d�vsits are insured by a fedcral agency. instmm�nta�ity or entity; or (d) Electronic <br />Funds Transfer. Upon reiastat�t by Bornovver, this Security Instrument and obligations sscured hereby <br />� RASKA - 5ingle Femily - Fannla Me�/Fr�ddb M�o UNIFORM INBTRUMENT' <br />-8(NE) ros��� Pape 71 vf 16 trrwh: Form 3028 7/07 <br />