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201207540 designated a substitute notice address by notice to I.ender. Sottower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a chazige of address through that sp�ified procedure. There may be only one designated notice address under this Security Instrument az 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 S�uriry Instrument shall not be deemed to have bcen given to Lender until actually received hy Lender. If any notice required by this Securiry Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing �aw; Severability; Rules of Constructlon. This Security Instrument shall be governed by Federal law and the law of the jurisdic[ion in which the Property is loca[ed. All rights and o6ligations contained in this Security Instrument are subject ro any r�uirements and limitations oF Applicable Law. Applicable Law might expliciUy or implicitly allow the parties to agree by contract or it might be silem, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Securiry Instrumern or the Note conflicts with Applicable Law, such conflict shall not aff�t other provisions of this Security instrumen[or the Note which can be given effec[without the conflicting provision. As used in this S�urity Insuum�ent: (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 discretion without any obligation to take any action. 17. Borrower"s Copy. Borrower shall be given one wpy of the Note and of this Securiry Instrument. 18. Trensfer of the Property or e Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited[o, those beneficial imerests transferred in a bond for d�, conuact for dezd, installment sales contract or escrow agreement, the intent of which is the uansfer of ti8e by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in flte Property is sold or transferred(or if Botrower is not a na[ural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior written consent, Lender may require immediate paymen[in full of all sums secured by this Security Instnmment. However, this option shall not be exercised by Lendet if such exercise is prohibited by Applicable I.aw. If Lender exercises this option, Lender shall give Borrower notice oF acceleration. The notice shal]provide a period of not less than 30 days from khe date the nodce is given in accordance with Section 15 within w}uch Borrower must pay all snms secured by this Sec;urity Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies pennitt�l by this Security Instrument without further notice or demand on Bonower. 19. 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 az any time prior to the earliest oF: (a) five days before sale of the Property pursuant to any power of sale contained in tivs Security Instrument; (b) such other period as Applicable Iaw might specify for the termination of Borrower's right to reinstate; or(c)entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a)pays Lender all swns which then would be due under this Security Instrument and the Note as if no accelerazion had occurred; (b)cures any default of any otha covenants or agreements; (c)pays all expenses inwrred ia enforcing this Security Instnunent, including, but not lunited to, reasonable attorneys' fces, property inspection and valuation fces, and other fees incurred for the purpose of protecting Lender's interest NEBFASKA-Sirigle Femily-Fannie MaelFr�tlie Mec UNIFOFM IIdSTRUMENT Form 3028 7/01 uMP� YMP6INEI(1105).00 Wolte�e Kluwer Finencial Sarvicee Page 12 of 17