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20120606� If the Loan is subject to a law wluch sets maximum loan charges, and tbat law is finally interprete� so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limita, then: (a) any such loan cherge shall be reduced by the aznount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Bonower which exceaded pernnitted limits will be refimde�i to Bonower. L�der may choose to make this refund by reducing tha principal owefl under the Note ar by malcing a direct payment to Borrower. If a rafund reduces principal, tha reduction will be treated as a partial prepayment without anY prepayment charge (whether or not a prepayment charge is provided for under the Note). Boirower's �ceptance of any such refimd made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notit�s. All notices given by Borrower or Lender in c�nnection with t1�is Security Instrument must be in writing. Any notice to Borrower in connection with this Security �nstrument shall be d� to have been given to Borrowar when mailed by first class mail or when actiially delivered to Borrower's notice address if sent by other �ans. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires othervvise. The notice address shall be the Property Address unless Borrower has designated a substituta notice address by notica to Lender. Borrower shall promptly notify Lender of Borrower' s change of �ddress. If Lender specifies a procedura for reporting Borrower' s change of address, then Borrower sha11 only report a change of addresa througin that specified procedure. There may be only one designated notice address under this Sacurity Instnm4ent 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 designatad another addrass by notice to Borrower. Any notice in connection with this Security Instr�ment sha11 not be deemed to have been given to Lender until actvally received by Lender. If any notice required by this Security Instrument is also r�ed under Applic�ble Law, the Applic�ble Law require�nt will satisfy the conesponding requirement under this Security Inslrument. 16. Governing Law; Severabiitty; f�les of Construction. This 5ecurity Instinm�ent shall be governed by federal law and the law of the jurisdiction in which the Property is lacat�. All rights and obligations contained in tlus Se�rity Ins�ment are subject to any requirements and limita.tions of Applicable Law. Applicable Law might explicifly or implicitly a11ow the parties to agree by contract or it might be silent, but such silence shall not be conalruad as a prohibition against agreement by contr�t. In the event that any provision or clause of tlus Sacurity Inslrument ar the Note conflicts with Applic�ble Law, such conflict shall not affect other provisions of tlus Security Instrument or the Note which can be given effect without the conflicling provision. As us� in this Security Inslmm�ent: (a) wards 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 any obligation to take any actioa 17. Borrower's Copy. Borrower shall 1� given one copy of the Note and of tlus Se�urity Instin�ment. 18. Trar�fer of the Property ar a Beneficial Inter�t In Borrower. As used in tlus Secrion 18, "Inte�est in the Property" means any legal or beneficial interest in the Properiy, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, in. A1lment sales contract or escrow agr�t, the intent of which is the trausfer of title by Banowar at a firtura date to a purchaser. If a11 or any part of the Property or any Intarest in the Prope�ty is sold or transferred (or if Brnrower is not a natural person and a beneficial interest in Bonower is sold or transferre� without Lender' s prior written consent, Lender may require immadiate payment in full of all aums sec�red by this Security Instrumen� However, this option shall not be elcercised by Lender if such exercise is prohibited by Applicable Law. NEBRASKA�Shiple FamOy-F�Ne Mae/Freddie Mac UNIFORM INSTRUMENT WITH�MERS 6 Form 3038 01 VMPBA�NE) (t 706) W�s Kpnyer Fk�x�el g�ykae Page 12 of 17