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ti01�02�3� designated a substitute notice address by notice to Lender. Borrower shall prompfly 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 specif'ied procedure. There may lre only one designated nodce address under this Security Inshument 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 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 nodce required by this Security Instrument is also required under Applicable Iaw, the Applicable I.aw requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federallaw and the law of the jurisdiction in which the Properiy is loca.ted. All rights and obligations contained in this Security Instrument aze subject to any requirements and limitations of Applicable Law. Applica.ble Law might explicitly or implicifly 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 Lnsirument or the Note contlicts with Applicable Law, such conflict shall not affect other provisions of this Security Instzument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of tlie 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 plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Trensfer of the Property or a Benefici�l Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legaI or beneficial interest in the Property, including, but not limited to, those bene�cial interests irdnsferred in a bond for deed, contract for deed, installment sales conizact 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 Properiy or any Interest in the Properiy is sold or transferred (or if Bormwer is not a natural gerson and a beneficial interest in Borrower is sold or transferred) without Lender's prior written wnsent, Lender 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 exercises this option, Lender shall give Bonower notice of acceleration. The IIotice 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 secured 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 notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certa.in conditions, 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 geriod as Applicable Law might specify for the terminadon of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are f�at Borrower: (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 ather covenants or agreements; (c) pays all exgenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, properiy insp�ction and valvation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Singla Famfly-Fannfa MaelFreddle Mac UNIFOqM INSTRUMENT Form 3028 1/01 VMP � VMPB�NE) 11106).00 Wolters Kluwer Flnanclal Servicw Page 12 of 17