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201404750 under this Security Instrument unless I:,ender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. l4. Loan Charges. Lende►•may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, includang, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees,the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security {nstrument or by Applicable Law. If the I,oan is subject to a la�v which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection �vith the Loan exceed the permitted limits, then: (a)any such loan charge shall be reduced by the amount necessa�y to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower�vhich exceeded permitted limits wil] be refunded to Borrower. Lender may choose to make ihis refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any ' prepayment charge(whethe►•or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower��ill constitute a�vaiver of any right of action Borrower might have arising out of such overcharge. l5. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borro��er in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice ta any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a proced�ire for reporting Borrower's change of address,then Borro�ver shall only report a change of address through that specified procedure. There may be only one designated notice address under this Secul•ity 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 I.,ender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument 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��ill satisfy 2he corresponding requirement under this Security Instritment. 16. Governing Law; Severability; .Rules of Construction. This Security Instrument shall be governed by federal law and the la�v of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly al]ow the parties to agree by contract or it might be silent, but such Silence shall not be construed as a prohiUition against agreement by contract. In the event that any provision or clause of this Security (nstrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security lnstrument or the Note which can be given effect without t6e contlicting provision. As used in Lhis Security Instrument: (a)words of the masculine gender shall mean and include corresponding neuter woT•ds or words of the fieminine gender; (U)words in the singular shall mean and include the plural and vice versa; and (c)the ward "may" gives sole discretion witho«t any obli�?ation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a 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 to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow a�neement, the intent of which is the transfer 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 Borrower is not a natural person and a beneticial interest in Borrower is sold or t�•ansferred)without Lender's prioi• written consent, Lender may require immedia2e payment in ful] of all sums secured by this Security Instrument. However,this option shal] not be exercised by I,ender if such e�ercise is prohibited by Applicable Law. NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM It�STRUMENT - MERS DocMag/c� Form 3028 1/01 Page 10 of 15 www.docmagic.com