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20110�640 designated a substitute notice address by notice to L,ender. Bonower shall promptly notify Lender of Bonower's change of address. If I.ender specifies a procedure for reporting Bonower'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 designat� another address by notice to Bonower. Any notice in conn�tion with this S�urity Instrument shall not be d�med to have been given to Lender until actually re�eived by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under ttus Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governefl by fe�eral 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 agre,e by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not aff�t other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As use� in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding 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 discrerion 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 legai or beneficial interest in the Property, including, but not limited to, those beneficial interests transfened in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Bonower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfened (or if Bonower is not a natural person and a beneficial interest in Borrower is sold or transfened) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by tlus Security Instrument. However, this oprion 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. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Bonower must pay all sums secured by this Security Instnunent. 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 fuRher notice or demand on Borrower. 99. Borrower's Right to Reinstate After Acceleretion. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this 5ecurity Instrument discontinuefl at any time prior to the eatliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the ternunation of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agr�ments; (c) pays all expenses incurred in enforcing this Se�urity Instrument, including, but not lunited to, reasonable attorneys' fees, property insp�tion and valuation f�s, and other fces incurred for the purpose of prot�ting Lender's interest NEBRASKA-St�le Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT VMP p Wolters Kluwer Financial Services Form 3028 1/01 VMP61NE) (17 05) Page 12 of 17