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�012012�5 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 Bonower shall only report a change of address through that specified procedure. There may be only one designated norice 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 norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instniment. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall 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 aze subject to any requirements and limitarions 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 he 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 wluch can be given effect without the contIicting provision. As usec� ia tlus Security Instnunent: (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 an� vice versa; and (c) the word "may" gives sole discrerion withvut any obligation to take any xrion. 17. Borrow�'s �py. Borrovver shalY be given one copy of the Note and of this Security Instrc►ment. 18. Traresfer of �tt1e Property or a Beneficial tnterest �n Borrawer. As used in this 5ecrion 18, "Tnterest in �Iie Properly" m�s any Iegal os bene�cial irnerest in the Property, including, but not limited to, those beneficial iffieresEs transferred in a boad for deed, contract for deed, installment sales contract ar escrow agreement, the urteirt of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Progeriy or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written conseat, �der may rec�uire immediate payment in full of all sums secured by this Se,curity Instrument. However, tius option shall not be exercised by Lender if such exercise is pmhibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower norice of acceleration. The norice 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 all sums se,cured 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 norice or demand on Borrower. 'E9. Borrawer's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this S�urity Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sate 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 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 agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' 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 � Wolters Kluwer Financial Services Form 3028 1/01 VMP6WE) (1105) Page 12 of 17 A � . li