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20120�0�� designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instnunent at any one time. Any notice to Lender shall be given by delivering it or by mailing it by fust class mail to Lender's address stated herein unless Lender has designated another address by notice to Bonower. Any norice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will sarisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument sha11 be 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 might explicitly or implicitly 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 S�urity Instrument or the Note conflicts with Applicable L.aw, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conIIicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of tke feminine gender; (b) words in the singular shall mean and include the plural aucF vice versa; and (c) the word "may" gives sole discrerion without any obligation to take any action. 1?. Borraw�'s Copy. Borrower sha1F be given one copy of the Note an@ of this Security Instrument. ?8. Transfer of t[�e Praperty or a Besneficia! Interest in Borrower. As used in this Section 18, "Interest in the Property" azeans any Iegal ar beneficial interest in the Property, including, but not limited to, those benefieiai interests trausferred in a bond for deed, contract for deed, 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 Progerty or any Interest in the Properiy is sold or transferred (or if Borrower is not a natiu�al person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may rec}uire immediate paymeat in fu11 of al1 sums s�ured by this Security Instrument. However, this option shail not be exercised by Lender if such exercise is proiubited by Applicable Law. If Lender exercises tlus oprion, L,ender sha11 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 Borrower must pay alI sums secured by this Security Insmiment. 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, Bonower shall have the right to have enforcement of ttus Security Instrument discontinued at any rime prior to the earliest of: (a) five days before sale of the Property pursuant to any gower of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the terminarion of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: (a) pays Lender a11 swns which then would be due under this Security Insmzment 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 lunited to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Woiters Kluwer Ftnancial Services Form 3028 1/07 VMPBWE) (1105) Page 12 of 17 2