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2 0120670� designated a subsritute norice address by notice to Lender. Borrower shall promptly notify Lender of Bortower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designated norice address under this Security Instrument at any one time. Any notice to Lencier shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein tmless Lender has ctesignat� another address by norice to Bonower. Any norice in connection with this Security Instrument sha11 not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrnment is also required under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing E�w; Severability; Rules of �onstruction. This Security Instrument shall be governed by federal law and tfie law of the jurisdiction in which the Property is l�ated. All rights and obligarions contaiiiec� ir� t�is Secusity Instrament are subject to any reqnirements and limitations of Applicable Law. Applicable I.aw �ght explicitly or implicitly allow the parties to agree by contract or it might be silent, but such sitence shaIl not be construed as a prohibirion against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conIIicts with Applicable Law, such contlict shall not affect other provisioffi of this Security I�trument or the Note wfiich can be given eff�t without the conflictiIIg provisioa. As used in this Security Instrument: (�) words of the masculine gender shal3. meazt and include corresponding neuter words or words of the f��ninP gender; (b) words in the singular shall mean and include the plur�t and vice versa; and (e) the word "may" gives sole discretion withouE any obligatioa to take any acrion. 'E 7. Borrewer's �y. Barrower sha1l be given one cQpy of the Note a�� of t�us Security Instn�ment. ��. TrasESf� of �se Rcaperty or a Benefi�iat L'r�terest in Borrowc�. As us�ed in this Section 18, "Interest in the Property" meatt� any Iegal or beneficiai interest in the Property, includiag, but not limited to, those beneficial interescs transfened in a boad for deecl, contract for deec�, installmeat sales contract or escmw agr�ment, the intent of wluch is the transfer of title by �orrower at a future date to a purchaser. If all or any paR of the Property or any Interest in the Property is sold or transfened (or if Borrower is not a natural person ancfi a beneficial interest in �orrower is sold or transferred) withaut Lender's prior written coffiern, Leader may require immediate payment in fult of all sums secured by this Security Instrument. However, this optio�s shall not be exercise� by L.ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower norice of acc�eration. The notice shall provide a period o€ not less than 30 days from the date the norice is given in accordance with Section 15 within which Borrower must pay aIl sums secured by this Security Insmiment. If Borrower fails to pay these sums prior to the expiration of this perioc�, Lender may invoke any remedies permitted by this Security Instnunent without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this S�urity Instrument; (b) such other period as Applicable Law might specify for the ternrination of Bonower'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 Security 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 attomeys' fe,es, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP Q VMP6(NE) (1105) Wolters Kluwer Financial Services Page 12 of 17