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201201751 limits,therr. (a)any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borcower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direc[ payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of actio� Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with [his Security Ins[rument shall be deemed to have been given to Borrower when mailed 6y first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall consti[ute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substiWte notice address by notice to Lender. Borrower shall promptly notiTy Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower'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 tirst class mail to Lender's address stated herein unless Lender has designated another address by notice to [3orrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lcnder until actually reeeived by Lendec If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal Iaw and the law of the jurisdiction in which the Property is located. All rights and obligaYions contained in this Security Ins[rument are subject to any requirements and limitations of Applica6le 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 wnstrued 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 affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (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 and vice versa;and(c)the word"may"gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Botrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneticial Interest io Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in [he Property, including, but not limited to,those beneficial interests transferred in a bond for deed,contract for deed, installment sales contrac[or escrow agreement, the intent of which is the transfer of title by Borrower at a future da[e to a purchaser. IPall or any part of the Property or any Interest in the Property is sold or transferred(or if Borrower is not a natural person and a beneficial interest in Borcower is sold or transferred) without Lender's prior written consent, Le�der 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 exeroises this option,Lender shall give Borrower notice of acceleralion. 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 Borrowee must pay all sums secured by this Security Instrument. [f Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument wi[hout further notice or demand on Borrower. NE�RASKA-Singie Pamily-Faunie Mae/Freddie 119ac IINIFORM tNSTRUMENT W ITH MERS Farm 3U2S 1/01 Page 1 I of 16 ,��* Ini[ials:_ '��__�._