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2012000�� designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender 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 designated another address by notice to Bonower. Any notice in connection with this Security Instzvment shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Iaw, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Insm�ment shall be govemed 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 implicidy allow the 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 event that any provision or clause of this Securiry Instrument or the Note conIIicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the contIicting provision. As used in this 5ecurity Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singvlar shall mean and include the plural and vice versa; aud (c) the word "may" gives sole discretion wittrout any obligation to take any acrion. 17. Borrower's Copy. Borrower shall be give� one copy of the Note arnt of this Security Instrument. 18. Transfer of the Pr�perty or a Beneficial tnterest in Borrower. As used in this Section 18, "Interest in the Property" ffieans aaiy Iegal or beneficiai interest in the Properiy, including, but not limited to, those beneficiai inte�sts transferred in a bond for deed, contract for deed, instailment sales contract or escrow agreement, the intent of which is the transfer of tide by Borrower at a future date to a purchaser. If all or any gart of the Property or any Interest in the Property is sold or transferred (or if Bonower is not a natural person and a heneficial interest in Borrower is sold or transferred) without Lender's prior written coIISent, L�nc�er may require immediate payment in full of all sums s�ured by this Security Instrument. However, this option sha.lt not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower norice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Secrion 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 Instnunent without further notice or demand on Bonower. 19. Borrower's Right to Reinstate After Accelerafion. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this 5ecurity Instrument discontinu�i at any time prior to the earliest 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 termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under this S�urity Insmiment and the Note as if no accelerarion 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 limited to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP � VMP6INE) (1105) Wolters Kluwer Flnancial Services Page 12 of 17