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20120587� designated a substitute notice address by notice to Lender. Borrower shall prompfly notify Lender of Borrower's change of address. ff Lender specif'ies a procedure for reporting Bortower's change of address, then Borrower shall only report a cha.nge of address through tha.t 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 ma.iling it by first class mail to Lender's address stated herein unless Lender has designa.ted another addres5 by notice to Borrower. Any notice in connection 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 Law requirement will satisfy the corresponding requirement under this Security Insttvment. 16. Goveming Law; Severability; Rules of Construction. This 5ecurity Insirument shall be governed by federal law and the la.w of the jurisdiction in wluch the Froperty is located. All rights and obligations conta.ined in this Securiry Insttvment 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 s�hall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this 5ecurity Instrument or the Note conflicts with Applicable I.aw, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect 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 singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without airy obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Insirument. 18. Transfer of the Property or � Beneficial Interest in Borrower. As useci in this Section 18, "Interest in the Progerty" 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 deed, installment sales contract or escrow agreement, the intent of which is the transfer of tifle by Borrower at a future date to a purchaser. ff a11 or any part of the Property or any Interest in the Properly is sold or tra.nsferred (or if Borrower is not a nahual person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Iaw. 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 tb.e notice is given in accordance with Section 15 within which Borrower must pay all sums secuted by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this geriod, Lender may in.voke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19, Borrower's Right to Reinstate After Acceleretion. ff Borrower meets certain conditions, Borrower shall have the right to have enforcement of thi§ Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Progerty pursuant to any power of sale contained in this Securlty Instrument; (b) such other period as Applicable Law �cight 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 all sums which then would be due under this Secun'tty 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' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Fraddia Mac UNIFORM INSTRUMEN'f VMP � Wolmrs Kluwar Finarxfal Sarvicea Fcrm 3028 1/01 VMPB�NE) t71061.00 Page 12 cf 17