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201204288 designated a subsritute notice address by notice to Lender. Bonower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonower'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 ttus Security Instnunent 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 Insttument shall not be deemed to have be,en given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will sarisfy the con�ponding requirement under this S�urity Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdicrion in which the Property is located. All rights and obligarions contained in this Security Instrument are subject to any requirements and lnnitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agre,e 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 S�urity Instrument or the Note conflicts with Applicable Law, such contlict shall not affect otlier provisions of this �curity Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculute gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and 'uiclude the plura,l and vice versa; and (c) the word "may" gives sole discrerion without any obtigation to take any action. 17. Borrov�rer's Copy. Borrower shall be given one copy of the Note ancfi of this Security incm,me►�r. 18. Transfer of the Property or a Beneficial lnterest in Borrower. As used in this Section 18, "Iaterest in the Property" means any Iegat or beneficiat interest ia the Property, iIICluding, but not limitecfi to, thase beuef�cial interests transferred ixi a bond for deeci, contract €or deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Bonower at a future date to a gurchaser. If all or any part of the Property or any Interest in the Ptoperty is sold ar transferred (or if Borrower is not a natural gerson and a beneficial interest in Borrower is soId or transferred) without Lender's prior written consent, Lender may requise immediate gayment in full of a11 sums secured by tttis Security Instrument. However, this optian shall not be exercised by Leader if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Le.nder shall give Borrower notice 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 suxns secured by this Se,curity Instrument. If Bonower fails to pay these svms prior to the elcpiration of ttris period, L,ender may invoke any remedies permitted by this Security InstrumeIIt without fiirther notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain 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 period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Se.curity Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under tlus Security Instrument and the Note as if no acceleration 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' fces, property inspe,ction and valuation fces, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP Q Wolters Kluwer Financial Servfces Form 3028 1/01 VMP6�P1E) (11051 Page 12 of 17 . . , . , . . - � a• 6s