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241 20454� designated a substitute notice address by notice to Lender. Bonower 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 notice 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 norice to Bonower. Any notice in conn�rion 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 corresponding requirement under this Se,curity Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federallaw and the law of the jvrisdicrion in wYuch the Property is located. All rights and obligarions contained in this Security Instrument aze subject to any requirements and limitarions of Applicable Law. Applicable L,aw might exglicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prolubition against agr�ment by contract. In the event that any provision or clanse of this Se,curity Instrument 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 eff�t without the contlicting pmvision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any abligation to take any action. ??. Bcsrrrower's Copy. Borrower sha1l be given one copy of the Note and of this Security Instrument. ?�. Transfer of the Proaerty or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Properly, including, hut not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If alt or any part of the Property or any Interest in the Properiy is sold or transferred (or if Borrower is not a natural person and a beneficia] interest in Borrower is sold or transfened} without Lender's prior written consent, Lender may rec}�ire imm�iate payment in full of all sums se.cured by this Security Inst�vment. However, this option sbalI not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower norice of acceleratioII. The notice 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 Instivment. 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 fiu norice or demand on Borrower. 19. Borrower`s Right to Reinstate After Acceleration. If Bonower meets certain conditions, 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 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 Security Instrument. Those conditions are that Borrower: (a) pays Lender a11 sums which then would be due under this Security Instrument and the Note as if no accelerarion 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 attomeys' fees, property inspection and valua.tion fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Stngle Famfly-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Financial Services Form 3028 1/O7 VMPB(NE) (1105) Page 12 of 17 y ' ,