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2012021�� designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Bonower'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 Lsnder 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 Borrower. 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 Instrument. 16. Governing Law; Severability; Rules of Construcfion. This Se.curity Instrument shall be govemed by federallaw 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 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 be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note confiicts with Applicable I,aw, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effe,ct without the contIicting provision. As vsed 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 singulaz shall mean and include the plurai aud vice �rersa; and (c) the word "may" gives sole discrerion without any obligation to take any action. 17. Borrovver's �opy. Borrowea sball be given one copy of the Note anct of this Se.curity Instrument. 1 S. Transfer of the Property or a Benei�ciat Interest in Borrower. As vsed in this 5ection l8, "Interest in the Property" means any Iegat vr beneficiat interest in the Progerty, incltuiing, but not limited to, tfiose beneficiat interests Eransferrec� in a bond for deed, contract for deed, instailment sates contract or escrow agre,emern, the iatent of which is the transfer of title by Bonower at a future date to a purchaser. If all or any patt of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural peason aud a beneficial interest in Borrower is sold or transferred) without Lender's prior written coffient, Lender may require immecliate payment in full of all suu� secured by this 5e.curity Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable I.aw. If Lender exercises this option, Lender shall give Borrower norice of acceleration. The norice sha11 provide a period of not less than 30 days from the date the notice is given in accordance with Secrion 15 within which B�rrower must pay all sums secured by this Security Insmxment. If Bonower fails to pay these sums prior to the expiration of this geriod, Lender may invoke any remedies permitted by this Security Insm�ment without further notice or demand on Borrower. 't9. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Se,curity Insmiment 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 sp�ify for the termination of Borrower'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 acceleration had occuned; (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 insp�tion and valuarion f�s, and other fees incurred for the purpose of prote,cting Lender's interest NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFOHM �NSTRUMENT VMP � Woltera Kluwer F(nandal Services Form 3028 1/01 VMP6(NE) (1105) Page 12 of 7 7