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�oioos45i There ►nay be only one desi�nated nc�tice address undcr tlYis Security Instrument at any one time. Any notice to Lender shall be given by delivering it pr by mailing it by first class mail to Lender's address stated herein unless I.cnder has designated another address by notice to Borrower. Any notice in connection with this Sccurity Instrument shall nat be deemed to have been given to Lender until actually received by Lender. If any natice required by this 5ecurity Instrument is also required under Applicable Law, the Applicable Law rcquirement will satisfy the carrespanding requirement under this Security lnstrument. 16. Governing Law; Severability; Rules of Construction. This Sccurity Instrumc�nt shall be governed by federal law and the law of the jurisdiction in which the Property is located. All ci�hts and obligations contained in this Security Instrument are subject to any r�:quirements and lirnitatians af Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by cantract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable L,aw, such canflict shall not affect other provisions of this Security Instrument or the Note which can be given �ffect without the canflicting provision, As used in this Security Instrument; (a) words af the masculine gender shall mean and include correspondin�; ncuter words or words of the feminine gender; (b) words in the singular shall mean and inctud�: the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to takc: any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and oF this 5ecurity Instrument. 18. Transfer of the Praperty or a Rene�cial Interest in Barrower. As used in this Section 18, "Interest in the Propc:rty" means any legal qr b�ncficial interest in the Property, i��cluding, but nc�t limitcd to, those beneficial interests transfcrred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent af which is the transfer of title by Borrower at a futurc; datc to a purchaser. If all or any part af the Property or any Tnterest in the Property is sold or transferred (ar if Borrower is not a natural person and a bencficial interest in Borrower is sold or transfcrrcd) without L,ender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, tlais c>ption shall not be cxercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Barrower notice of acceleratian. The iYOtice shall pravide a period of not less than 30 days from the date the natice is givcn in accordance with Scctic>n 1 S within which Borrower must pay all sums secured by this 5ecurity lnstrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this 5ecurity instrument without further notice or demand on Borrower. 19. Borrawer's Right to Reinstate After Acceleration. If Borrawer meets certain conditic�ns, �orrower shall have the right to have enfareement of this Security Instrument discontinued at any time prior to th� carliest of: (a) five days befare sale of the Praperty 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 right to rcinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no accel�ration had occurred; (b) cures any default of any c�thcr covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited tc�, reasonabl� attorneys' fees, property inspection and valuation fe:es, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights undcr this Security Instrument; and (d) takes such actian as Lender may reasonably require ta assure that Lender's interest in the Praperty and rights under this 5ecurity Instrument, and Borrower' s obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Barrawer pay such reinstatement sums and 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 deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by �orrower, this Security Instrument and obligations secured hereby � 1111056206 Initlals: �-6(NE) �oao��.oz P�e � i or is Form 3Q28 1101