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20�20074� designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender sp�ifies a procedure for reporting Bonower's change of address, then Bonower shall only report a change of address through that sp�ified 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 Instrument 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 requirefl under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under ttus Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument 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 aze subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agr� 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 Insmiment: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Bonower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or e Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Properly" means any legal or beneficial interest in the Property, including, but not lunited to, those beneficial interests transferred in a bond for deed, contract for dced, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower 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 Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, 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 Bortower 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 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 Se�urity Instrument without fiuther notice or demand on Bonower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower m�ts certain conditions, Bonower shall have the right to have enforcement of this Security Insmament discontinued 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 ternunation of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: (a) pays Lender all sums which then would be due under ttus S�urity 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 S�urity Instrument, including, but not limited to, reasonable attomeys' fees, property inspection and valuation f�es, and other fees incurred for the purpose of prot�ting Lender's interest NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT . Form 3028 1/01 VMP � VMP6(NE) (1105) Wolters Kluwer Financial Services Page 12 of 17 r ,