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�Q�20�3�� designated a subs�itute notice address by notice to Lender. Boaower 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 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 anothet address by notice to Boaower. Any notice in connection with this Security Insttument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instnunent. 16. Goverr�ingLaw; Severabillty;Rulesof Construction.Tius Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Insh�ument are subject to any requirements and limitstions 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 this Security Inshvment or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of tlus Security In.4lrument or the Note which can be given effect without the conflicting provision. As used in this Security Instn�ment: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular 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. BoITOWe�'s Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Prope�ty or a Beneficiallnter�st in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial inte�[e�t� �in the Property, including, but not limited to, those beneficial interests transfetted in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which ia the hansfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Boaower is not a natural person and a beneficial interest in Bortower is sold or transferted) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this 5ecw7ty Inslrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Boaower must pay all sums sectued by tlus Security Instru.ment. If Borrower fails to pay these sums prior to the expiration of tlus period, Lender may invoke any remedies petmitted by this Security Instnunent without further notice or demand on Bonower. 19. Borrower's Rightto ReinstataAfter Acceleration.If Boaower 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 putsuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this 5ecurity Instnunent. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Secutity Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses inctured in enforcing this 5ecurity Instrument, including, but not limited to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurted for the purpose of protecting Lender's interest NEBRASKASingle Famity-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Fortn 30281/01 VMP � VMPB(NE) (110b).QO Wolteis Kluwer Finanelal Services Paga 12 of 17