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2012�877� <br />prepayment chazge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of <br />any such refund made by direct payment to Bonower will constitute a waiver of any right of action Borrower might <br />have arising out of such overchazge. <br />15. Notic�s. All notices given by Bonower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Bonower in connection with this Security Instrument shall be deemed to have been given to <br />Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other <br />means. Notice to any one Bonower shall constitute notice to all Bonowers unless Applicable Law expressly requires <br />otherwise. The norice address shall be the Property Address unless Borrower has designated a substitute notice <br />address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender <br />specifies a procedure for reporting Bonower's change of address, then Borrower shall only report a change of address <br />through that specified procedure. There may be only one designated notice address under this Security Instrument <br />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 <br />address stated herein unless Lender has designated another address by notice to Bonower. Any notice in connection <br />with this Security Instrument sha11 not be deemed to have been given to Lender until actually received by Lender. <br />If any notice required by this Security Instrument is also required under Applicable Law, the Applicable L,aw <br />requirement will satisfy the conesponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in <br />this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might <br />explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be <br />construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security <br />Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <br />Instrument or the Note which can be given effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding <br />neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice <br />versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower sha11 be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br />the Property" means any legal or bene�cial interest in the Property, including, but not limited to, those beneficia] <br />interests transfened in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent <br />of which is the transfer of title by Bonower at a future date to a purchaser. <br />If a11 or any part of the Properiy or any Interest in the Property is sold or transfened (or if Borrower is not a <br />natural person and a beneficial interest in Bonower is sold or transfened) without Lender's prior written consent, <br />Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option <br />shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Bonower <br />must pay all sums secured by this Security Instnunent. If Bonower fails to pay these sums prior to the expiration of <br />this period, Lender may invoke any remedies pernutted by this Security Instrument without further notice or demand <br />on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Bonower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) <br />five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such <br />other period as Applicable Law might specify for the ternunation of Bonower's right to reinstate; or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default <br />of any other covenants or agreements; (c) pays a11 expenses incurred in enforcing this Security Instrument, including, <br />but not lunited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such <br />action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT p <br />Form 3028 1/01 Page 10 of 14 www.docmagic.com <br />Ne3028.dot.unl � <br />