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20120664� designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Borrower 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 notice to Lender shail 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 notice to Borrower. Any notice in connection with this Security incm,t„enr �1 not be deemed to have heen given to Lender until actually re,ceived by Lender. If any notice required by this Security Instrument is also required under Applicable I,aw, the Applicable Law requirement will sarisfy the conesponding requirement under this Se,curity Instrument. 16. Governing Law; Severability; Rules of Construction. This Security �nstrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. Al1 rights and obligations cantained in this �urity. Instrument are subject to any requirements and 1imYtations of Applicable Law. Applicable Law might explicifly or implicitly allow the parties to agre,� by contract or it might be silent, but such silence shall aot be constn�ed as a profiibition against agreement by c�ntract. In the event tt�at any provisi�r�. os clause of this S�urity Instru�ent or the Note conflicts with Applicable Law, such contlict shall not affe�t other provisions Qf this Sec�trity �ment or the Note whicll c� be given eff�t without the contTicting provi�iar�_ As �ed ia this �ity 1'nstru�nent: (a) �rords of the masculine gender shall mean az►d include corre.sgonding neute� wordss or �ri.t�s of the fenunine gender (b) words in the sir�guutar sh� mean ax�€ include the pIurai ancF vice v�rsa; at� (cy the w�rac� "may" gi�+es sole discretion withavi �r,y ob�igation to ta&e any actia$. '! 7. Bot^�wer°s �stpY- Bormwer s�att be giv� � copy of the Nate auci of � Security Im�trcxmegt. 18. Tra�sfer of ties �rroperty or � Bems�rcia� f�terest in Borrawer. As use� ia ti�is �ection 28, "Interest in the Frapert�" means az�y legal o� benefciab iIIterest in the Properiy, induciing, br�t rn�t Ii�ruted ta, those beneficia� interests transferrec� ia a boad fo� c�d, contraet for d�, �� saies contract Qr escrow agre�ment, the inte,gt af avhicli is ihe ttansfer �f title by Borrower ac a f�e date to a purchaser. If al1 or any part of ti�e Froperty or any InteresE in the Property is sold or transferred (or if Borrower is not a natural person aud a bene£�cial interesE iu Borrower is sold or transferre�) without Lender's prior v�rritten consent, Lender naay re4uire immediate payment i;n full of a11 sums s�uec� b}r t1�is Security InstrumeIIt. However, this aptioa s1�Il� aot i� exercis� by Lender if suc1� exercise is grolubited by Applicable L,aw. If T.eIIder e�eercises this eption, Lender shaIl give Borrower notice of acceIerdbion. The nQtice shall provide a period of not Iess than 30 days from the date the notice is given in accordance vNith �ction 15 within which Barrower miast pay alI sums secured by this Security Instrument. If �orrower fails to pay ttiese sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After A�cceleration. If Borrower m�ts certain conditions, Borrower shall have the right to ha.ve enforcement of this Se.curity Instrument discontinued at any rime prior to the earliest of: (a) five days before sale of the Progerty pursuant to any power of sale contained in this Se,curity Instrument; (b) such other period as Applicable Law might specify for the terminarion of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under ttus Security Instrtunent and the Note as if no accelerarion 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 valuarion fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fennle Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (1105) Woiters Kluwer Financial Servic� Page 12 af 17