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201207308 designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Bonower'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 Instnunent 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 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 S�urity Insmament is also required under Applicable Law, the Applica.ble Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. A11 rights and obligations contained in�tliis 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 silenc� shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this SecuriYy Instrument or the Note conIIicts with Applicable La.w, such conflict shall IIot �ffect other provisions of this 5ecurity Instrument or the Note which can be given effect without the contTicting provision. As usect in ttris 5ecurity Instrument: (a) words of the masculine gender shalI mean and include corresponding neuter words or words of the feminin� gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretian without any obligation to xake any acrion. 77. Bor�ovuer's �opy. �oarower s� be gi�ren one cogy of the Note and of this Security Instrument. '�8. TransEer af the Property or a Be�e�eceal tnterest in Borr�v�er. As used in this Section 18, "Interest ia the Property" means any Iegat or t�enef�ci� interest in tt�e Froperty, irccluding, but not Iimited to, tTiose beneficial 'mterests traaussferred ia a bond for deed, contract fvr deec�, instaiiment sales contract or escrow agreement, the intent of wluch is the transfer of title by Borrov�er at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfernd (or if Bonower is not a natural person and a beneficial interest in Bonower is sold ar transferred) without Lender's prior written conseat, Lender may require immediate gayment in fu1Z of a1� sums secured by this Security Insmiment. However, thls oprion sfiall not be exercised by Lender if such e�ercise is prohibited by Applicable Law. If Lenrter exercises ttus option, Lender shall give Borrower notice of atxeIeration. The norice sha11 provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expirarion of this period, Lender may invoke any remedies permitted by this S�urity Instrument without further notice or demand on Borrower. ?9. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower 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 Security Instrument; (b) such other period as Applicable Law might specify for the ternunation of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Insmiment. 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 Securiry Instrument, including, but not limited to, reasonable attomeys' fees, 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 VMP61NE) (1105) Wokers Kluwer Financial Services Page 12 of 17