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2012435�� 1111062347 16. Governing Law; Severabil3ty; Rnles of Construction. This Security Instrument sha.11 be governed by federallaw and the law of the jurisdiction ia rovhich the Property is located. All rights and obligations contained in this Security Instr�ment are subject to any requiTements and limitations of Applicable La:w. Applicable La.w might explicitly or implicitly a11ow the pa.rties to agree by coatract or it might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract In the event that any provision or clause of this Securi�ly Instrument or.the Note coafl.icts with Applicable La.w, such con#lict shall not affect ofiher provisions of this Security InstrUment or the Note which can be given effect without the conflicting pYovision. 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; 2ad (c) the word "may" gives sole discretion without any obligatian to take any action. 17. �orrower's Copy. Borrower shall be given one copy of the Note and of this Securi�y Instrument. � 18. Transf+er of the Properiy or � Benefieial Interest in Bprrower. As used in this 3ection 18, "Interest in the Property" means a�y legal or beaeficial interest in the Property, includi:ng, but not limited to, those beneficial interests transferred in a boad for deed, contract for deed, inst�llmeat sales eontraet or escrow agreemen�, the intent o£ which is the tran,sfer of tide by Borrower at a future date to a gurchaser. If all or any part of the Property oz any Interest in the Property is sold or tcansfeired (or if Borrower is not a naxural person amd a beaeficial interest in Borrower is sold ox trausfened) without �.ender's pnor vvritt�n cousent, Lender may. require immedia2e payme�nt in full of a11 sums secured by this Secnrity Iustrument. However, this optioa shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If LEnder egercises t12is option, Lender shall give Borrower notice of accelera.tion. The notice shall pzovide a period of not less than 30 days from the date the notice is �iven in accordance with Sectiort 15 within which Borrower must paq all sums seeuted by this Security Ins�ument. Tf Borrower fails to pay these snms prior to the expiration o�this period, Lender may invok,e any remedies permitted by t.�is Secvrity Instrument without further notice or dema.nd oa Borrower. 19. Borrower's Righ't to Reinstate After Acceleration. If Bonowez meets certain conditions, Borrower shall bave the right to have enforcemen.t of this Security Insttument disco�ued at any time prior to the eazliest of (a) five days before sale of the Property pursuant to any power of sale contained in this Security InsLrument; (b) snch other period as Ap�licable Law might specify for the tera�nation of Borrower's right to reinsta.te; or (c) enlry of a judgment enforcing this Security InstrumenG Those conditions are that Borrower: (a) pa.qs Lender all sums which then would be dae under this Security Instrument aad the Note as i�no aceeleration had occurFed; (b) eures any default of any other co�enants or agreements; (c) pays all e5�penses iacurred in enfoTCing this Securiiy Instrument, including, but not limited to, reasonable attomeys' fees, property ihspection and valuation fees, aud otkker fees incurred for fhe purpose of protecting Lender's interest in the Property and rights undez this Security Instrument; and (d) takes such action as Lender may reasonably requ:ire to ass�se that Lender's interest in Yhe Properiy and rights nnder this Sec�rity InsUn�metit, and Borrower's obligation to pay the sums secured by this Sec�uity Instrument, sha11 continue unchanged.. T.ender m�y require that Borrower pay snch reinstatement sums a.nd expenses in one or more of the follawing forms, as selected �sy I,ender: �aj cash; (b) money order; (c) cerrified check, bank cheak, treasurer's check or cashier's check, provided arsy such Check is draova upon an institution whbse deposits aze insured by a federal agency, instrumentality oz eniit} , or (d) Elec�ronic Fvnds Transfer. Upon remstatement by Borro�ver, this Security Instrumeilt and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinsYate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; lt'otiee of Gzievance. The Note or a partial interest in the Note (together with t}us Secuzity Tnstrument) can be sold one or more times without prior notice to NEBRASKA—Siu$le Famly—Fa�unie Mae/F�eddie Mac IINIF012M INSTRYTMENT � 338.$ Paga 11 of 74 Form3028U01 _.. ...---- - ------�:��.:_.�_�.�_..s_.:=--:__•- • , _..__ --, --__--..__..