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2oioos�s� There may be only one designated notice address undcr this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by tirst class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any noticr: in conziection wit}a this Security Instrument shall not be deemed to have beeti given to Lender until actually received by Lender, If any notice required by this Security Instrum�nt is also reyuired under Applicable Law, the Applicable Law requirement wil] satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be �overned by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this S�curity Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohihition against agreement by contracc. In the event that any provision or claus� of this Security lnstrument or the Note conflicts with Applicable Law, such cnntlict shall not affect other provision� of this Security Instrument or the N�te which can be given �ffect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender sl�all mean and include corresponding neuter words or words of the feminine gender; (b) words in the sin�ular shall mcan and include the plura] and vice versa; and (c) the word "may" gives sole discretion without any obligatiou to take any aciion. 17. Borrower's Copy. Borrower shall be given one copy of the Note and af this Security Instrumenc. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, thnse beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) withnut I,ender's prior writtcn 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 prohibited by Applicahle Law. If Lender exercises this option, Lender shal] give Borrawer notice of acceleration. The natice shall prnvide a period of not less than 30 days fro�n the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrume��t. If Borrower fails to pay these sums prior to the expiration of this period, Leuder may invoke any remedies permitted by this Security lnstrumcnt 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 tlie earliest of: (a) five days before salc 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 right to reinstate; or (c) entry of a judgrnent enforcing this Security instruiaient, 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 acceleration l�ad nccurred; (b) cures any default of any oth�r covenants or agreements; (c) pays all expenses incurred in enforcing this Security lnstrumant, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for th� purpose of protecting Lender's iuterest in tlie Property and rights under this 5ecurity lnstrument; and (d) takes such actiou as I,ender may reasonably rec�uire to assure that Lender's interest in the Property and rights under this Securiky lnstrument and Borrower's obligati�n to pay the sums secured by this Security Insirument, shall continue unchanged. Lender may require that Borrower pay such reinstatenient sums and expenses in one or znore of the following foriais, as selected by Lender: (a) cash; (b) money order; (c) certit'ied 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) �l�ctronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration liad occurred. However, this right to reinstate shall not apply in thc case of acceleration under Section 1$, 71�.1352113 �-6A(NE) �oao�i.a� � Initials: Page 11 0( 15 1009180723 Form 3028 1101