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24�20�07� 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 Borrower's change of address, then Bonower 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 shall he 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 Bonower. 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 norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresgonding requirement under this Se,curity Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federhl law and the law of the jurisdiction in which the Property is located: All rights and obligations contained in this Security Instrument 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 sha11 not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable L.aw, such conflict shall not aff�t other provisions of this Security Instrument or the Note which can be given effect without the contlicting 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 singulaz shall mean and include the plural and vice versa; and (c) the word "may" gives sole discrerion without any obligarion to take any action. T 7. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfier ofi the Property or � Beneficiai tnterest in Borrower. As used in this Secrion 18, "Interest in the Praperiy" means any legal vr beneficial interest in the Property, including, but nat limited to, those beneficial interests transfened in a bond for deed, contract for deed, installment sales contract or escrow agr�ment, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfened (or if Borrower is not a na.tural person and a beneficial interest in Bonower is sold or transferred) without Lender's prior written consent, Lender may re�uire immediate payment in full of all sums se�cured by this Security Insmiment. However, this oprion shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower notice of accelerarion. The notice shall provide a perial of not less than 30 days from the date the notice is given in accordance with Secrion 15 within which Bortower must pay all sums secured by this Security Instrument. If Bonower fails to pay these 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 Acceleration. If Bonower meets certain conditions, Borrower shall have the right to have enforcement of this 5ecurity Instru.ment discontinued at any time prior to the earliest of: (a) five days before sale of the Properly pursuant to any power of sale contained in this Security Instnunent; (b) such other period as Applicable Law might specify for the ternunation of Borrower's right to reinstate; or (c) eniry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: (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 attorneys' fees, property inspe,ction and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Si�le Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP � VMP6(NE) (11051 Wokers Kluwer Flnancial Servicea Page 12 of 17