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201103823 111108805T mailed by first olass mail •or when actvally delivered to Borrower's aotice address if sent by•otber means. Notice to.any one Borrower shall constitute notice to all $onowers unless Applicable Law expressly requires otherwise. The notice address shalI be the Property Address unless Borrower has designated a substitute notice address by notice to•Lettder. Boaower shall promptly nodify Lender of Barmwer's change of address. If Lender specifies a procedure for reporting Borrowet's change of address, then �orrower shall only report a change of address through that specified proaedure. There may be only one designated notice address under this Security Instrament at any one time. ,Any notice to Lender shall be given by delivering it or by mailing i� by first class mail to Lender's address stated herein unless Lettder has designated another addreas by notice to Borrower. Aay notiae in connection with this Seourity �nstrument shall not be deemed to have been givett to Lender until actually received by Lender. If any notice required by this Security Instr�ment is also required under Applicable Law, the Applicable Law requirement will sa.tisfy the corresgonding requirement under this Security Instrumen� 16. Governing Law; Severability; Rnles of Construction. This Security Instrument shall be governed by ferieral Iaw and f.b.e law of the jurisdiction in which the Property is located. All rights and obligarions contained in tlus Security Tnstrument are subject to any requirements and limitations bf Applicable I,aw. Applicable Law might• explicitiy or implicitly a11ow ttie parties to agree by contract oi it might be sitent, but such silence shall not be constr¢ed as a prohibition against agreement by contract, In the event fihat any provision or clause of this Security Instrument or ttie Note conflicts with Applicable Law, sueh con#lict sha11 not affect other provisions of this Security Ins4vment or the N�te which can be given effect without the confticting provision. . Aa used in this Security Instrumen� (a) words of the masculine gender shall mean and include corresponding nenter words or words of tlae feminine gender; (b) words in the singular shall mean and 'mclude the plural and vice versa; and (c) the word "may" gives soIe discretion withaut any obligation to take any aetion. . 17. Borrower's Copy. Borrower shall be given one copy of the NoYe and of t1�is 3ecurity Tnshvment 18. Transfer of the Propertp or a Bgneflcial Interest in Borrower. As uaed in this Section 18, "Interest in the 1'roperty" means any legal or beneficial interest in the Property, includiag, but not limited to, those beneficial interes;s transferred in a bond for deed, cont,ract for deetl, installment sales coatract or escrow agreement, the intent of wlrieh is ttte transfer of title by Borrower at a future date to a pwrchaser. • � If all or any part of the Property ar 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 transferrec� without Lender's prior written consent, Lender may require immediate payment in fizll all sums secured by this Security Instrument. However, this option ahaII not be eacezcised by, Lender if such exercise is prohibited by Applicable Law. . . If Lender exercises this option, Lendar shaIl give Barrower notice of acceleratioa The norice sha11 provide a periad of not less than 30 days from the date the notice is given in accordanca with Section 15 within which Borrower must pay all sams secured by this Security Instrument. If Borrowez £ails to pay these sums priar to the expiration of this perio'd, Lender may iavoke any remedies permitted by this Security Instrument without fiu�ther notice or demand on Borrowez. . � 19. Borrower's Right to ReinsYate After Aceeleration. If Bonrower meets oertain conditions, Borrower shall hava the right Yo have enforcement of this Security Instrument discontinued at any time prior to the earliest o� (a) five days before sale af the Property pursuant to any power of sale contained in this Security Instrumen� {b} such other period as Applicable Law might specify for the termination of Barrower's right to reinsfate; or (c) entry of a judgment eaforcing this Security Instrumen� Those conditions are that Borrower: {a) paya Leader all sums which then would be due under this Security Instnzment and the Note as if no acc�leration had occurred; (b) cures eny default af any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instntment, including, but mot limited to, reasonable attomeys' faes, property inspection and valuation feea, and other fees iacurred far the purpose of proteeting Lender's interest in the Property and rights under this Security Inslrumen� and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by'this Security Tnstrument, shall coatinue unchanged. T.ender may require that Bonower pay such rei�taf.ement 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, txeasurer's check or casluer's check, provided any su�h check is drawa upon an institution whose deposits are insuted by a federal agency, inst�vmentality or enrity; or (d) Electronic Funds Trensfer. Upon reinstatement by Bonower, this Security inshument and obligations secured hereby shall rernain fiilly effective as if no acceIeration had occurred. However, dzis right to reinstate shalI not apply in the case of acceleration under Section 18, 20. Sale of Note; Change of Loan Servicer; Nofice o� Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prioz aotice to Borrower. A sale might result in a change n'ESxasKa—s3nglaFam�y FannlemadF,�eadlel4�ecuN7FO.Rl+4nvsTRUNiErrr � � 338.2 . 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