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201205416 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed 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 [initiations of Applicable Law. Applicable Law might explicitly or hnplicitly 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 Instrument or the Note conflicts with Applicable Law. such conflict shall not affect other provisions of this Securit}, lnstnunem or the Note which can be given effect without the conflicting provision. As used in [his Security Instrument: (a) wards of the masculine gender shall mean and include conespondhw neuter words or words of the feminine gender; (b) words in the singular shall ),Wean and include the plural and vice versa; and (c) the word "Wray" gives sole discretion without any obligation to take anv action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Inshwnent. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used inthis Section 18. "Interest in the Property" means any legal or beneficial interest in the Property. including_ but not limited to. those beneficial interests transferred in a bond for deed, contract for deer- installment sales contract or escrow agreement. the intent of which is flue mtnsfer of title by Borrower ata future dile to a purchaser. If all or any part of the Propertv or any Interest in the Properly is sold or hnnsfeued (or if Borrower is not a natural person and a beneficial interest in Borrower is sold of transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security hislrtunent. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option. 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 Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Bonowcr fails to pay these snow prior to the expiration of this period, Leader may invoke any remedies pcmvtled by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrmvor mecis certain conditions. Borrower shall have the right to have enforcement of this Security Instrument discontinued at any tune prior to the earliest of: (a) live days before sale of the Property pursuant to any power of sale contained in this Security InslnnuenL (b) such other period as Applicable Law might specify for the teniination of Borrowers right to reimune: or (c) entry of a judgment enforcing this Security Instrument. Those conditions aro that Borrower: (a) pays Lcndcr all stuns which then world be due under this Security Instrument and the Note as if no acceleration had occurred_ (b) caves any default of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instnnnent. including, but not limited to. reasonable attorneys' fees, property inspection and valuation Pees. and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security htstrumcnt; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Properly and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more or the following fomes, as selected by Lender: (a) cash: (b) money order: (c) certified check, bank check. treasurers check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, hisnutuentality or entity: or (d) Electronic Funds Transfer. Upouu reinstatement by Borrower, this Security Instrument and obligations secured hereby shall rentem fall), effective as if no acceleration had occurred. However. this right to reinstate shall not apply hn the case of acceleration wider Section 18. NEBRASKA s,fi, Fams,F,nH, Mae R,ldie M -i UNIFORM INSRUMMT Foam OMO W VGN 0 VMPgNE) (1105).00 wale),, Kluwer Fi"enml 5ervires F , 11 0115 III�I VIII VIII VIII11111119)III VIII VIII VIII �� ILII IIIA IIN IIS aoOOrle9772786