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201205033 designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender sp�ifies a pracedure for reporting Bonower'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 norice 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 Borrower. Any norice in connecrion with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable L.aw requirement will sarisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Constructivn. This Security Instrument shall be govemed by f�ieral Iaw 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 crontract or it might be silent, but such siienc� shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note contTicts with Applicable Law, such conflict shall not aff�t other provisions of this Se.curity Instrument or the Note whicl� c�n be given effe,ct without the co�flictiag pmvision. As used in this �urity Instrument: (a) words of the masculine gender shall mean and inclucte corresponding neuter wards or words of the feminine gender; (b) words in the singutar shail mean and include the plural and vics versa; aad (c) the word "may" gives sole discretion without any obligation to take any action. 't'�. Borrawer's �:opy. Borrovver shall be gi`rea one copy of the Note and of this Security incm�,,,er±r. 'f 8. Transfer ot the Propecty or a Bene�ciat tnterest in Borrower. As �ed. in tflis Section 18, "Interest in the Prciperty" mean,s any Iega1 or beneficiai inter�t in ihe �roperty, including, but aot limited to, those beneficiaS nrterests transferred in a bond far deec�, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by �3orrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is soId or transferred (or if Borrower is not a natural gersoa and a beneficial interest in Borrower is sold or tru�sferreai) without Lender's prior written consent, Lender may require immediate payment in fu11 of alI sums s�ured by tlus Security Insmament. However, this option s1�aI1 not be exercis�: by Lender if such ea¢ercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Se,crion 15 within which �rrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of ttris period, Lender may invoke any rem�ies permitted by this Security Insmiment without fiuther notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain condirions, 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 5ecurity Instrument; (b) such other period as Applicable Law might sp�ify for the termination of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those condirions aze that Bonower: (a) pays Lender all sums which then would be due under this Se,curity 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 attomeys' fees, property inspection and vatuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NE) (1705) Wolters Kluwer Financlal Services Page 12 of 17 ` ? � . a