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20120434� designated a subsritute norice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designated norice 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 Borrower. Any notice in connection with this Security Instrument shall not be deemed to have b�n given to Lender until actually received by Lender. If any notice required by this Se,curity Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under tYus Security Instrucnent. 16. Governing Law; Severability; Rules of Construction. This Security 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 are subject to any requirements and limitations 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 Insixument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effe,ct without the conflicting provision. 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 singulaz shall mean and include the plural and vicz versa; and (c) the word "may" gives sole discrerion without any obligation to take any action. 'E7. Borrower's Copy. Borrower shall be givea one copy of the Note and of this Se,curity Instrument. 18. Transfer of the Pr�erty or a Beneficial Inter�st in Borrower. As used in tlus Section 18, "Interest in the Progeriy" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests traasferrecl in a boad for de�, contract for dced, installment sales contract or escrow agrcement, the intent of which is the transfer of rifle by Borrower at a future date to a purchaser. If alI or any part of the Property or any Interest in the Property is sold or transferred (or if Bonower is not a nat�ral person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate paymenE in fiill of all sums secured by this Security Instrument. However, tIus option shall not be exercised by Lender if such exercise is prohibited by Applicable I.aw. Tf Lender exercises this option, T.ender 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 Section 15 within which Borrower must pay all sums se,cured by this Security Instrument. If Bono�ver 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 Bonower meets certain condirions, Bonower 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 S�urity 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 Security Instrument. Those conditions are that Bonower: (a) pays Lender all sums which then would be due under this Security Instn�ment 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' fees, properry inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Famtly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Flnancial Services Form 3028 1/01 VMP6INE) (1105) Page 7 2 of 17 ± � �.. " � . `r