420 LAUREL DR 2018-01-02 MF Import

notice address if sent by other means Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise The notice address shall be the Property Address unless Borrower has designated a substitute notice address by nonce to Lender. Borrower shall promptly notify Lender of Borrower's change of address If Lender specifics a procedure for reporting Borrower's change of address. then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security instrument at any one time Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower Any notice in connection e.::h this Security Instrument shall not be deemed to have been given to Lender until actually received by Linder if any notice requited by this Security Instrument is also required under Applicable law, the Applicable Law requirement will satisfy the corresponding requirement under tills Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall c governed 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 ought explicitly or implicitly allow he parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the that any clause of Security Instrument or conflicts ith Applicable Law�such confit hall not affect other provisions of thisSeutyInstrument othe Notewhch ane given effect without the conflicting 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 sale discretion without any obligation to take any action 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in he Property, including, but not limited to, those beneficial mterests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of tale by Borrower at a future dale to a purchaser. if all or any part of the Property, or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest ire. Borrower is sold or transferred) without Lender's prior written consul, Lender may require immediate payment In full of all sums secured by this Security Instrument However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. Tire notice shall provide a period of not less than 30 days from the die the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument if Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 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 prior to the earliest of: (a) five days bafore sale of the Property pursuant to any power of sale contained in this Security Instrument, (b) such other period as Applicable Law right specify for the termination of udgment Borrower's rht to reinstate, or (c) entry of a e that Borrower. (a) pays Lender all enforcing uSecurity sums whichthen woun ld be due this Security Those conditions ar 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 enforcing this Security Instrument, including, but not limped to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for he purpose of protecting Lender's interest in the Property and rights under this Security Instrument, 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 Instru expenses in onelormoreeof he following ed formsnder , asrequire selec selectedthat Borrower Lender: (a)such cash; (b)�mneytsurns and order; (c) initials 4' •81WA1 ID0121 Page 11 of 15 Form 3049 1101 m 200204050080