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20�20�3�e designated a substitute norice 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 shalt only report a change of address through that sp�ified procedure. There may be onIy one designated notice address under this Security Insm�ment at any one time. Any norice to Lender shall 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 Security Instrument is also required under Applicable Law, the Applicable Law requirement wi11 satisfy the corresponding 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. All rights and obligations 'z � 3- . contained in this Security Instrument aze 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 shall not be construed as a prohibition against agreement by contract. In the event that any , provision or clause of tltis Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which cau he given effect without the corefiicting provision. A� used ia this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or worcts of the feminine gender; (b) words in the singcilar shalI mean and include the plural axx� vic.e versa; anc3 (cj the werd "rrray" gives sole di�retion without any obligation to take any acrion. 17. �adrorver's Copy. SorroweF shall be given oue copy o€ the Note and of this �curity Instrument. '68. Tra�sfer of fihe F�aperty ar a Bene��tCiai treter�t in Borrowec. As �sed in this Section 18, "Interest in the Property" me�as any Ie� or l�nefrcial interest in the Property, including, but not limited to, those beIIeficial interests tran�cferr�fi i� a l�ncfi for deed, contract for deed, installment sales crontract or escrow agreement, the inteut of which is tfie transfer of ritle by Borrower at a future c�ate to a purchaser. If ail or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is aot a natural person and a beneficial interest in Borrower is sold or transferred) without I.ender's prior written consent, Lender may require immediate payment in full of alI sums secured by this Security Instrument. However, this oprion shall not be exercised by I.ender if such exercise is prohibited by Applicable Law. I� LeIIder exercises this optioII, Lender shatl give Borrower notice of acceleration. The notice shall provide a geriocl of not less than 30 days from the ctate the norice is given in accordance with Section 15 within which Borrower must pay a11 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instnunent without fiuther notice or demand on Bonower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower 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 Security Instrument; (bj such other period as Applicable Law might specify for the temunation of Bonower's right to reinstate; or (c) entry of a judgment enforcing this S�urity Instrument. Those conditions are that Bonower: (a) pays Lender all sums which then would be due under this Securiry 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 inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-S(ngle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) �1105) Wolters Kluwer Financial Services Page 12 of 17