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2o1�a2o4� 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 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 Instrument shall not be d�med 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 Instrument. 16. Governing Law; Severability; Rules of Construction. This Se,curity 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 lunitations 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 Se.curity Instrument or the Note conflicts with Applicable Law, such conflict sha11 not affect other pmvisions 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 conesponding neuter words or words of the feminine gender; (b) words in the singular shall mean aud include the plural and vice versa; and (c) the word "may" gives sole discrerion without any obligation to take any action. 17. Borrower's �opy. Borrower shall be given one copy of the Note and of this Security incrrnmenr, 18. Transfer of the Property or a Beneficiaf Interest in Borrower. As used in this Section 18, "Interest in the Properiy" means any Iegal or beneficial interest in the Progerty, including, but uot Iimited to, those beneficial interests trausferred in a bond for deed, contract for de�, instaIlment sales contract or escrow agreement, the intent of which is the transfer of ritle 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 transferred (or if Borrower is not a natural person and a beneficial interest in Bonower 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. T-Iowever, tlus option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises ti�is oprion, Lender sha11 give Bonower 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 s�ured 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 Bonower. 19. Borrower's Right to Reinstate After Accelerafion. If Borrower meets certain condirions, Borrower shall have the right to have enforcement of this Security Instrument 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 terminarion 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 this Security Instrument 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 attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest 12-000051 NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP B VMP6(NE) (11051 Wolters Kiuwer Financial Services Page 12 of 17