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� designated a suUstitute notice address by nolice to Lender. Borro«�er shall peomp�ly notify Lender of Borrower's change oF address. If Lender specifies a procedure 1'or reporting Borrower's cliange of address, lhen Bonower sl�ail only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instniment at any one time. Acry notice to Lender shall be given by delivering it or by mailing it by �rst class mail to Lender's address stated herein nnless Lender has designnied anolher address by notice to Borrower. Any nolice in connection �vith tlus Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any nolice required by #his Securiiy Instzument is also required under Applicable Law, the Applicable Law requirement �vill satisfy the corresponding requirement under ihis Security Instrument. 16. GoverningLaw; Severability;Rulesof Construction.This Security Instrument shall be governedby federal Iaw and lhe Iarv of die jurisdiction in wluch the Properly is Iocated. All rights and obligations contained in this Security Instrument are subject to any requiremenCs and linaitf►tions of Applicable Law. Applicable Law might explicitly or implicitly allow lhe parties to agree by contract or it might be silent, but such silence sball nat be construed as a prohibition against agreemenl by cantract. In the event that arry pravision or clause of tl�is Security Instrument or the Note conflicts wilh Appticable Law, such con�Iict sl�all not affect other provisions of this Security Instrument or the Note which can be given effect without the canflicling provisioa As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words ar words of the feminine gender, (b) words in the singular shall mean and include the plwral and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action 17. Borrower's Copy. Borrorver shall be given one copy of the Note and of this Security Instnvment. 18. Transferof the Propertyor a Bene�ciallnterest in Borrower.As used in this Section 18, "Interest in the Pmgeriy" means any legal or beneficial interest in the Pmperty, including, but not limited to, those beneficial interests Yransferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of whicl�t is the transfer of titie by Borrower at a future date to a purchaser. If all or any part oF the Properly or any Interest in the Property is sold or ttansferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in fuU of all sums secured by this Security Instnunent. Hotivever, ttris option shall not be exercised by Lender if such eaercise is prolubited by Applicable Law. If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accardance with Section 15 �vithin which Borrower must pay all sums secured by this Security instnunent. If Borro�ver fails to pay tl�ese sums prior to the expiration of tlus period, Lender may im�oke any remedies pernufited by this Securiry Instcument rvithout further norice or demattd on Borrower. 19. Borrawer's Rightto ReinstateAfter Acceleration.If Borrower meets certain conditions, Borrower shall have the right to have enfo�rcement of this Security Instnunent discontinued at any time prior to tl�.e earliest of: (a) five days beFore sale of the Properly pursuant to any power of sale contained in tlus Security �stnunent; (b) sucli other period as Applicable La�v might specify for the terminaiion of Borrower's right to reinslate; or (c) entry of a judgmenl enforcing tlus Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums wlucli then would be due under tlus Security Instniment and tlie Note as if no acceleration had occurred; (b) cures any default of any oiher covenants or agreements; (c) pays all expenses incurred in enforcing tlus Security Instrument, including, but not limited to, reasonable attorneys' fees, properly inspection and valuation fees, and oYher Fees incurred for the pwrpose of protecting Lender's itrterest NEBRASKA-Single FemAy-Fannle Mae�reddie Mac UNIFORM IMSTRUMENT Fnrm 30281/01 VMP � VMPB(NE7 (110�.00 Wafters Kluwer Finm�clal 3erolaes Paga 12 oP 17