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201207846 If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpre[ed so that the 3nterest or other loan charges collected or to be collected in connecflon with the Loan exceed the permit[ed limits, �hen: (a) any such loan charge shall be reduced by the amount necessary [o reduce the charge to [he permitled limit; and (b) any sums already collecled from Boreower which exceeded permitted limits will be refunded ro Borrower. Lender may choose to make this refund by reduciug ihe principal owed under�he Note or by making a direc[ paymen[ to Borrower. If a refund reduces pdncipal, [he reduclion will 6e treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge ts provided for under ILe Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitu[e a waiver of any right of action Borrower migh[have arising out of such overeharge. 15. Notices. All notices given by Borrower or Lender in connecflon wi[h this Security Ins[rument musl be in wdting. Any notice to Borrower in connecflon with tlris Security Instrwnent shall be deemed ro have 6een given to Borrower when mailed by first class mail or when actually delivered ro Borrower's notice address if sent by other means. Notice to any one Borrower shall consfltute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substltute nolice address by noflce to Lender. Borrower shall prompUy notify Lender of Borrower's change of address. If Lender specifies a procedure for reporling Borrower's change of address, then Borrower shall only report a change of address Uuough that specified procedure. There may be only one designated notice address under this Security Instrumen[at any one tlme. Any noflce to Lender shall be given 6y deliver3ng i[or by mailing it by first class mail to Lender's address stated herein unless Lender has designated ano[her address by noflce to Borrower. Any notice in connection wilh this Security Insuument shall not be deemed to have been given to Lender untll actually received by Lender. If any notice required by this Secudty Instrument is also required under Applicable Law, the Applicable Law requtrement will sa6sfy the corresponding requiremeat under this Security Ins[rument. 16. C�verning Law; Severabilfty; Rules of Construction. This Securlty Instrument shall be governed by federal law and �he law of the jurisdicHon in which the Properly is located. All rights and obligations conlained in this Secudty Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might exp8citly or implicidy allow the paztIes to agree by conUact or it mig6l be silent, but such silence shall not be coustrued as a prohibidon against a�eement by contract. In the event that any provision or clause of this Securiry Instrument or the Note coaflicts with Applicable Law, such conflict shall not affect other provislons of this Security Inshument or the Note wlilch can 6e given effect without the conflicting provision. As used in this Secudty Instrument (a) words of the masculine gender shall mean and include corresponding neu[er wotds or words of[he feminine gender; (b) words in the singulaz shall mean and include the plural and vIce versa; and (c) the word "may" gives sole discretion wifhout any obligatlon [o take any ac[ion. 17. Borrower'S Copy. Borrower shall be given one copy oF the Note and of this Securlty Instrument. 18. Transfer of the Property or a Beneficial Inter�t in Borrower. As used In this Secflon 18, "Interest in lhe Properly" means any legal or beneficial In[erest in �he Properly, including, but not limited to, those beneficial interests transferred in a bond for deed, contrac[ for deed, installment sales contrac[ or escrow agreement, the Intent of which is the transfer of[itle by Borrower at a future date to a purchaser. If all or any part of the Property or any Iuterest in the Property is sold or transferred (or if Borcower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, I,ender may require immediate payment in full of all sams secured by tLis Security Instrument. However, tlils option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. 001123198769 Cdibnnk 3.2.61.12 V7 NEBRASKA�Single Family-Fannie Mae/F�etltlie Mac IINIFORM INSTRIIMENT WITH MERS Fam 3029'l/09 VMP� VMP6A(NE)(t105).00 WoRers Kiuwar Flnenael5erncrs Page 12 of 17