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�oi2u�4o� designated a subsritute norice address by norice to Lender. Borrower shall promptly notify Lender of Borrower'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 notice address under this Security Instrument at any one time. Any notice 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 Borrower. 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 corresponding requirement under this Security Insmiment. � � 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 Froperty is lacated. AlI rights and obligarions �• contained in this Security Instrument are subject to any �equirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agre,e by contract or it might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract. In the event that any provision or ctause of this SecuritX Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisior►s of this Security Instrument or the Note which can be given effect without the co�tIictiag provision. t�s usect in thts Security �ment: (a) words of the mascutiIIe gender sha�I meaa and include correspondisig neuter words or vvo��ds of the feminine gender; (b} v�orcis in the singutar shati mean arut inclucte the plurat and vice vers�; aud (c} the �vord "may" gives sole discretioa without any obligation to taJse any acrion. '�7. �rrotiver's ��py. &�rra� si�alT be giver� one copy �rf the Note and of this �ity Iastrument. 18. Transt�r o� �rs �perty ov a Bene�al 6R�eresfi ioe Borrower. tLs t�cfi ia this S�tien I8, "Iaterest in the PrQpertTr" � aay Iega� ar beneficial irne�.st iEC the Properly, irn�ludiag, hut not limitec�. to, those l�enefsci�i iaterests tcaBSfer� in � bond for �, coIItract for �eed, instatlment saie.s contract ar escrow agreement, the intem of which is tfle traasfer of title b}r Borravver at a future date to a purchaser. If atI or auy part of the Pro�rty or any Interest in the Property is sold or transfened (or if Borrower is not a natural persoa attd a beaeficiat interest in �orrower is sold or transferred) without Lender's prior written consent, Lender may require i�nnediate payment in full of al1 surns seeurec� by tius Security Instrument. However, this optioa � IIot be exercised by Lender if such exercise is prohibited by Applicable T,aw. If I.ender exercises this optian, Leader shall give Borrower notice of acceleration. The norice shalI provide a period of not less than 30 days from the date the notice is given in accorctance with Secrion 15 within which �ortower must pay all sums s�ured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of ttus period, Lender may invoke any remedies permitted by this Security Insmiment without further notice or demand on Borrower. t9. 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; (b) such other period as Applicable Law might specify for the termination 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 attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddte Mac UNIFORM INSTRUMENT VMP � Wolters Kluwar Financial Services Form 3028 1/01 VMPB(NE) (1105) Page 12 of 17