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�oiioo4so There may be only one designated not9ce address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it ar hy mailing it by first class mail ta Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connectian with this Security Instrumenl shall not be deemed to have been given to Lender until actually received 6y Lender. If any notice required 6y this Security Instrument is also required under Applicable Law, the Applicable Law requirement will sa[isfy the corresponding requirement under this Security Instrument. 16. Governing I.aw; St�ve�'ability; Rules of Construction. This Security Instrument shall be gov�rned by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree 6y contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by cantract. In the event that any provision or clause nf thls Security Instrument or the Note conflicts with Applicahle Law, such conflict shall not affect other provisions of this Security Instrument or the Nate which can be given effect without the conflicting provision. As used in this 5ecarity Instrument: (a) words of the masculine gender shall mean and include correspanding 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 withaut any o6ligation to take any action. 1'1, Horrawer's Copy. Borrower shall be glven one copy of the Note and of this Security Ynstrument. 18, Transfer of the Property or a Beneficial Iriterest in Borrnwer. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, 6ut not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales can[ract or escrow agreernent, the intent of which is the transfer of tide by Borrower at a future date to a purchaser. If all ar any part of the Property or any Interest in the Property is sold or transferred (or if Barrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured hy this Security Instrument. However, this option shall not he exercised hy Lender if such exercise ls prohibited by Applicable Law. If Lender exercises this option, Lender shall glve Borrower notice of acceleration. "fhe natice shall provide a period of not less than 3Q days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails ta pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further natice or demand on Borrawer. 19. Borrower's Right to Reinstate Afte�r Acceleration. Tf Borrower meets certain condltions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior ta the earliest of: (a) flve days before sale af the Property pursuant to any power of sale contained in this 5ecurity Instrument; (b) such other period as Applicable Law might specify for the termination of' Borrawer's right to reinstate; or (c) entry of a judgment enfarcing this 5ecurity Instrument. Those conditians are that Borrnwer: (a) pays Lender all sums which then woald be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enfnrcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of pratecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure thal Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums s�cured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pa such reinstatement sums and expenses in ane or more of the following forms, as selected by Lender: �) 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 depasits are insured by a federal agency, instrumentality or entity; ar (d) Electronic �'unds Transf'er. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right tn reinstate shall not apply in the case of acceleration under Section 18. 001122305971 CitiMortgaga 3.2.43.08 V4 NF�RASICA - Single Famiiy - Fannie MaelFreddie Mac UNIF'QRM INSTRUMBJT WITM�S ��A�Nq (tl870) � Page 17 of 15 Initials� FORTI SOYB 1/(11 Y� r"S' .