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201009601 There may b� only one designated notice address under this Security Tnstrument ak any ane tirne. Any n�7tic�: ta L,ender shall be given by delivering it or by mailing it by first class mail ta I,ender's address stated herein unless Lender has dcsignated another address by notic� to Borrower. Any notice in connection with this Security Instrumenl shall not be deczzi�d tu hav� been given to Lender until actually received by T.ender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirem�nt will satisfy the r:anrespanding requirement under this Security Tnstrument. 16. Governing Law; Sevcrs�bility; Rules of Canstrnetion. This Security Instrument shall be govemed by federal law and the law af the jurisdiction in which the Praperty is located. All rights and obligati�ns 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 nat bc canslrucd as a prohibition against agr�ernent by contract. In the event that any provision or clausr: of this Security Instrument �r the Nate canf]icts with Applicabl� Law, such cc�nflicl shall not affect other provisions of this Security Instrument or the Note which can be given effect without tha c:anflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. 13orrower shall be given one copy of the Note and of this Security Tnstrument. 1$. Transfer of the Prap�rty or a Beneficial Interest in Borrower. As used in this Section 18, "Iqterest in the Property" means any legal or beneficial interest in the Praperty, including, but not limited Lo, those ben�ficial interests transferred in a bond for deed, contract for deed, installment sales contract pr escrow agreement, the intent of which is the transfer of title by T3onower at a future date to a purchaser. If all ar any part of the Praperty or any Interest in th� Prap�z�ty is sald or transferred (or if Boarrawer is nat a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior writlen cons�nt, L�nder may require immediate payment in full of all sums secured by this Security Instrument. Hawever, this option shall not be exercised by I.,ender if such exercise is prohibited by Applicahle I.aw. If Lender excrcises this optian, I,ender shall give B�rrower noticc c�f acceleration. The notice shall pravide a periad af not less than 3Q days frUrn th� dal� th� natiGC is given in ac;r�ardanc� with Secti�n 15 within which Borrower must pay all sums s�cured by this S�curity Instrument. If Borrower Pails to pay thes� sums pripr t� the expiration of this petiad, Lender may invak� any r�m�dies permitled by this Security Instrum�nt without further notice or dc;mand pn Barrow�r. 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 the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Tnstrument; (b) such other period as Applicable T,aw might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Tnstrument. Tliose conditions are that Borrower: (a) pays I,ender all sums which then would be due under this Security Instrument and khe Note as if no accelerationhad occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose Uf pratecting L,�nder's inlcrc:sl in the Property and rights under this Security Ynstrument; and (d) tak�s such actipn as L.ender rnay areasoarwbly rec�uire to assure that I.ender's interest in the Property and rights under this Security Instrument, and Borrower's obligxtion tp pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrawer pay such r�instat�m�nt sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) mon�y c>rdc:r; (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) Electz'anic Punds Transfer. Upon reinstatement by Borrower, this Security Instrunient and obligations secured hereby NE9RA5Kl� - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT 4 �-6(NE) lositl Paga 11 of 16 Initials FOI'111 3O2$ ��