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Zoloo9x�a <br />There may be only on� designated notice address under this 5ecvrity Instrument aR any one time, Any <br />notice �o Lender shall be given by delivering it ar 6y mailing it by �rst class mail to Le�der's addre�s <br />slated herein unless Lender has designated another address by not�ce to Borrower. Any natice in <br />connection wi�h this Sccurity [ns�rument shali nat bc deemed to have been given to Lender uniil ac�ually <br />received by I�en�er. If any notice required by this Security Instrument is alsa required under Applicable <br />Law, the A�pllcable Law requirement wifl satisfy the carrespanding requir�rneni under this �ecurity <br />lnstrument. <br />16. Gove•rning Law; Ser►erability; Rules af Construction. 7'his Security Iaslrurrient shal] he <br />governed 6y federaf law and the law af the jurisdietion �n tru�tich the PropQrty is lacated. Ail rights and <br />obligations contained in thi5 5ecurity Insirumen� are su6ject to any requirements and limitations of <br />�pplica6le Law. Applicable Law might explicitly or implicitly allow ihe part��s to a�ree by co�tract or it <br />might be silent but sueh silence shall not be cons�rued as a�rohibitian against agreement by contract. Cn <br />�he event ihat any provision or dause oC this Securit Instrumeni ar the Note canflicts with Applieable <br />Law, s��ch conflicl shall nol affect oiher provisinns af this Security lnstrument or the iVote whictt can be <br />given eFfect withaut the con#licting pravisinn. <br />As used in this Security Insirument: (a) words of the rnasculine gender shatl mean and inetude <br />correspanding ne�ter words or words af the feminine gender, (b} wos�ds in the aingular shall mean and <br />lnclude the plural and vice versa; and (c) the word "may" gives sale discretinn withaut any obligation ta <br />tak� a��y BClion_ <br />1'�. Borrower's Copy. Borrawer shall be given one copy uf ihe Note and of this Securi#y Instrument. <br />18. Traasfer of the Property or a Beneficial Interest in Borrower. As used in this Sectian 1$, <br />"Interesi in Ihe Praperty" means any legal or beneficial interest in the Praperty, �ncluc�ing, but not limited <br />to, those �eneficial interests transf�rred in a band for deed, cantract far deed, instaSSment sa�es cnntrac� �r <br />escrflw agreement, the intent uf which i� the transfer oF title by Borrawer at a�utnre da�e tv a purchaser. <br />if all �r any part pf the Proper�y or any fnterest 9n the Property is sold or lransferted {or if k3arrawer <br />is nat a natural person and a beneficial inker�st in �orrow�r is sold or iransFerred) wi�haut C,ender's pr3or <br />writlen �anseni, Lender may reyuire immeciiat� payment in full of all sums se�ured hy lhis 5ecurity <br />instrument. However, ihis aption shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />if Lender exercises this option, Lender shall give Borrnwer notice of acceleraiian. The notice shall <br />provide a periad af noi less than 3U days from the date the natice is given in accordance wi�h 5ectian l5 <br />within whirh Borrawer rr►ust pa.y all sums secured by th'ss 5ect�rity Inslrument. If Barrower fails to pay <br />these surns prior to the expiratian of �his period, Lender may invoke any remedies permiited by this <br />Securiiy Cnsirument withvut further notice or aeman� on IIorrower. <br />19, Horrower's Right to Reinstat� After .4�cc�lcrakion. If Borrower meets certain conditions, <br />Borrower shall have the right ta have enforcement oF thi� Security Instrument discontinued at any time <br />prlor to the earliest af: (a) tive days before sale vf th� Property pursvant to any power of sale �antained in <br />this Security Inslrument; (�) such ach�r periad as ApplicabEe Law rnight specify far t�e terminatian aE' <br />Barrawer's ri�ht to reinsiale; or (c) enEry vf a judgment enft�rcin� this $ecurity Instr�ment. Those <br />conditions are that Bo�ower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Nale as if na a�:celeration ha� occarred; (b) cures any default nf any nthes covenants ar <br />agreements; (c) pays all expenses incurred in enforcing this 5ecurity Instrument, including, hut not lamited <br />to, reasonable atkarneys' fees, property inspection and �aluation fees, and ather fees incurred for the <br />parpose of pro�ec�ing Lender's interest in �he Property and rigbts under this 5ecurily lnstrument; and (d) <br />takes such actinn as Lender may reasor�bly require to assure that L�nder's interesi in the Property and <br />right� e�nder ihis Security lnstrument, and Borrnwer's obligation 10 pay the sums secured by this Security <br />Instrument, sha11 caniinue nnchanged. Lender may require that Borrvwer pay such reinstaiement sums and <br />expenses in one +�r mare af th� followin� f�rms, as selected by Lender: �a) cash; (h) money order; �c) <br />certified check, 6ank check, treasurer's check ar cashier's check, proyided any su�h check is dr�wrt upon <br />ar� institutinn whose deposits are insured �y a federal agency, instrumentality ar entity; or {d) �leetrc�nic <br />Funds Transfer. Upan rein�iat�ment by Borrower, this S�cuirity lnstrument and ot�ligations secured hereby <br />shall remain fully eff'ective a� if na accelerativn had occurred. However, this right to i'einstate shall not <br />ap�ly in the case of acceleration under 5ection 18. <br />Od1122267433 CitiMortgage 3.2.42.�7 w4 <br />N�RASICA - 5ingle Family - FanRie MaelFreddie Mac UMIF�Filul INSTRUMEM WFf� <br />��A�n�q sn�,br Page 11 of 15 i��u�: Farm 3028 1101 <br />