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201107770 specifies a procedure £or reporting Borrower's ch�nge of address, then Bonower sba11 anly report a change of address thraugh tba# speci:E"zed pracedure. There may be only one designated notice address under tbis Se�utity Instrunuent at any one time. Any norice to Lender shaii be given by delivering it or by mailing it by first class �ail to L�nder's address stated herein unless Lender has desi�naated. another adriress by notice to Borrower. Any notice in connection Wjth t�tjg $eCUFity Tn , shaIl not be deEmed. to have been given to Lender untii actually r�eived by Lender. I£ any notice rec�uirad by this Security Inst�nun.ent is also required undex Applicabie Law, the Applic�lole La.w requirement will satisfy the corresponding requirement under this Security Instrament. 16. Governing Law; Severability; RnTes of Conshvction. fihis Security Instrument shall be gavemed by federal. law and the law of the jurisdiction in which the Property is 2acated. AIl rights and obligations contained in this Secuxity I�astrument are subject to any requirements and litniitations of Applicable Iaw. Applicable L.aw might e7rplicitly or implicitly allow the parties to agree by contract or it might be silent, but snch silence s�all nat be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrament or the Note confiicts with Applicable Law, such conflict shall not affect othex provisions of this Security Instxvment or the Nate which can be givea effect without the conflicting prorrision. As used in this Security Instrument: (a) words of the masculine gender shall meau and include corresponding neuter �vnords or words of the fem;n;ne gender; (b) words in rhe singuiar shall �xean and. include the plural and vice versa; and {c) the word "may" gives sole rliscrerion without any obligation ta talce any action. i,7. Baz�owex's Capy. �orrawer shall be given one copy of the Note and of this Security Insirument. 18. Transfer of the Properly ar a B�eficial Interest in Borrower. As used im this Section 18, °Intezest iva the Property" means any legal az beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installm.ent sales contract or escrow agreement, the inteni of which is the transfer of title by Borrower at a fiiture date to a purchaser. If all or azry part of the Property or any Interest in the Properry is sold or transferr� (or if Borrower is not a nau�ral person and a i�eneficial interest in Borrower is sold or uansferred) without Lender's prior written conse�t, I.ender may zequire iunmediate gay�aaent i.n full of aTl sums secured by tkuis Security Instrument. Howev�r, this option sha11 not be exercised by Lender if such exercise is prohibited by Applicable Laav. If Lender exercises this optia�a, Lemdex shall give Bozrowe�r notice of acceleration. The notice shatl pro�vide a period of not less tban. 30 days from tUe date #he notice i�s given in accordance with. Section 15 within which Borrower must pay a11 sums secured by this Security Insmunent. If Borrower €ails to pay these swns prior to the expiration of this periad, Lender may invoke any remedies permitted by tt�is Security Tnstivment without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleraiaon, Tf Borrower meets certain conditioas, Borrovver shaIl have the right to have enforcement of this Security Tnstniment discontinued at any time prior to the earliest of: (a} five days before sale of the Property pursuant to any power of sals con#ained 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 judgnnaat enfozci.�ag this Secuzity �astcuAaemt. Those conditions are that Borrower: (a} pays Lender aI1 sums cvhich then would be due under this Security Instmment an.d the Note as if nv acceleration b.ad occurred; (b} ciu,es any default of any other covenants or agre�ments; {c) pays all expenses incuured in e�forcing this Security Inshiiment, including, but not �ted ta, reasouable attorneys' fees, pzoperty inspection and va�uation fees, and other fee,s incurreal for the Purpose of grotecting Lender's infierest in the Property a�Q,d rights under this S�urity Insiiument; and (d) takes such action as I.ender may reasonably require ta assure that Lender's interest in the Properry and rights under t�iis Seceuity Insm�ment, and Borrower's obTigarion to pay the sums secur� by this Security Ins#n�ent, sb�all co�atinue tmcl�ged. I.ender ma.y require tbat Borrower pay such reinstatement s�s and expenses in one or more of the follawing forms, as selected by Lender: {a) cash; (b) money order; (c) certified check, bank chee�c, treasuzez`s che�k or cashier`s check, provided any such check is drawn u�on an institution whose deposits are insured b� a federal agency� insCrumentality or entity; or (d) Electronic Funds Transfer. Upon zeinstatement by Borrower, this Security Instrciment and obligataons secured hereby shall remain fully effective as if no acceleration had. occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. • 2�. Sale of Note; Chan�e of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with tYus Securit�y Instrument) can be sold one or rnore � without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") thax collects Peziodic Payments due under the Note and this Securiry Instrument and perfom�s other mortgage loan servicing obligataons under tbe Nfate, this Security Instrument, and Applicable Law. There also might be one or mare changes of the Loan Servicer uuzelated to a sale of the Note. Tf there is a change of the I.oan Servicer, Borrower will be �ven wri�ten notice of the cb.axage �cvhich will state the name and adc�zess of the new Loan Servic�r, the address to which payznents should be made and any other information RESPA requires in connection with a natice af transfer of servicing. If the Note is sold aad thereafter the Loan is serviced by a T.oan Servicer other than the purchaser of the Note, ihe mortgage loan serviczng oblig�ious to Borrower will reinain with the Laan Servicez or be t�ansferred to a succ�ssor Loan Servicer and are not assumed by the Nate purchaser unless otherwise provided by the Note purchaser. Neitt�er Borrawer nor Lender may commence, joira, oz he joined to any judicial aetion (as exther an individual littigant or the member of a class) tliat arises fro�oa tlae other pariy's actians pursuani to this S�urity Instrumient or that aUeges that the othez party has breachefl any pro�vi.sion of, or any duty awed by z�eason of, this Security Insixument, until such Banower or Lender has notif ed the other party {with such notice given in compliance witii �Yre requirements of Section 15} of such alleged breach and affoxded the other party hereto a reasonable period after the giving of such nofice to take cozrective actian. If Applicable Lavv pravides a time period whi.ch must elapse before ceztain action can be taken, that time period will be deemed to be reasonable for purposes of tlais paragraph. The notice of acc�leration and opporhuaity to cure given to Barrower pursuant to Section 22 and the notice of accelezation given � �IEBRABKA—Si'ngle Family—Fannie Mae/Freddia Mac UNIFORM INSTRUMEN'F - MERS p�g �� Form 3028 't/01 Page 8 of 11 www.d magtc.com Ne3028.m�d.xial