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20120630� If the Loan is subjeit to a law wluch sets maximum loan chazges, aad that law is finally interpreted so that the interest or other loan chazges collected or to be collected in connection with the Loan exc�ed the permitted limits, then: (a) any such loan charge aha11 ba reduced by the amount nacassary to reduce the charge to tha permitted limit; and (b) any sums alre�y coll� from Borrower wluch exceeded permitted limits will be refunded to Boirower. Lender may choose to make this refimd by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a pacfial prepayment without any prepayment charge (whether or not a prepayment cherge is provided for under fihe Note). Borrower' s accceptance of any such refund made by dire�t payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharga. 15. Notices. All notices givm by Horrower or I.ender in connection with this Security Instrument must be in writing. Any notice to Boaower in co�ection with this Security �nstrument shall be d�med to have b�n given to Borrower when mailed by first class mail ar when actvally 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. Tlie notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify I.ender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of adc�ess, then Bonower shall only report a change of a.ddress through that sp�ified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender st�all be given by delivering it or by mailing it by first class mail to Lender' s address stated herein unless I.ender has designated another ad�ess by noticz to Borrower. Any notice in conne�tion with this Security Instrument shall not be dcemed to have been given to Lender until actually received by L,ender. If any notice required by this Security Inshvment is also requirad under Applic�bla Law, the Applicable Law requirement will satisfy the c�responding requirement under tlus Security Instru�nt. 16. Goveming Law; Severabilily; I�les oF Construction. This Security �ns�nt shall be governed by federal law and the law of the jurisdiction in wluch the Property is lac�ted. All rights and obligations contained in this Security Instrument aze subject to any requirea�ents and limitations of Applicable Law. Applicable Law might axplicitly or implicitly a11ow tha parlies to agr� by conitact or it might be silent, but such silence shall not ba conslruad as a prohibition against agreennent by contract. In the event that any provision or clause of t1�is Security Instnm4ent or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Se,curity �nstrument ar the Note wluch can be given effect without the conflicting provision. . Aa used in this Se�urity Instrument: (a) words of the masculine gender sha11 �an and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include tha plural and vice versa; and (c) the word "may" gives sola discretion without any obligation to take any action. 17. Borrowers Copy. Borrower shall � given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Ir�ter9est In Borrower. As used in this Saction 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferrefl in a bond for deed, contract for deed, installment sales contract or escrow agr�nt, the intent of wluch is the transfer of title by Borrower at a firture date to a purchaser. If all or any part of the Property or any Interest in the Properiy is sold or transferred (or if Bunower is not a natural person and a beneficial interest in Borrower is sold ar transferre� without Lender' s prior written consent, L,ender may require immediate payment in fu11 of a11 sums sacured by this Security Instrumen� However, this option shall not be exercised by Lender if such exercise is prolubited by Applic�ble Law. NEBRASKA-Single FemOy-Fennle Mae/Freddle AAeo UNIFORM INSTRUMENT WfT� 27 Form 3038 1N1 VMP (ql ��AINE) 11106) Wpkme Khrvyp� �ar� $enr� Pepe 12 of 17 J 1� �� �� / / ��.