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��15�1454 If the Loan is�u�ject to a law v�hich se�s maximum loan ��aarges, and that lav�r is f nally interpreted so�hat ��ae�nteres�ar a�her �oan charges col�ected or�o be collected�n connectinn wi�h the Laan e�ceed the p�rmit�ed limits, �hen: (a} any such�oan charg�sha�1 be reduced by the am�unt necessary ta reduce the �harge�o�he perm��d�irnit; and�l�} any surns aXready collected from Borrawer which exc�eded permit�ed l�m�ts vvill be refunded�o Borrower. Lender may choose�o make this refund by reducing the prir�cipal owed u�ader the Note or by making a d�rect payment to B�rrower. If a refund reduces principa�, the reduc�ion w��1 be�reat�d as a partia� prepaym�n�without any prepaymen��harge�whether flr not a prepayment charge is provided f�r under the Note�. Borrawer's accep�ance of any such refund made by direct payment�� Borrower wil� cons�itute a v�rai�rer of any right of action Borrower m�gh�ha�e arising out�f such overcharge. '�5. N otices. All no�ices gi�ren by Borr�wer or Lender in cannec�ion w��h th�s 5ecurity Yns�rurnent must be in writ�ng. Any no�ice to Borrov�er in connect�on with th�s S�cur�ty�nstrument shali be deemed�a ha�e been given to Borrov�er vvhen mai�ed by f rs�c�a.ss mail ar when a�tua.11y delivered�a Barr�wer's notice address if sent by o�her means. No�ice tfl any�ne Borrn�ver sha�� c�ns�itu�e n�tic�t�a�l Barrov�rers unless App��cable Lav�r expressly requxres ntherwise. The notice address sha�� e the Propert�r Address uriXess Barrow�r has designated a substitu�e noti�e address by notice��Lender. Borrawer shali promptly n��if� Lender �f Borrower's change af address. 7f Lender specif es a pr�cedure far r�por�ing Borravv�r'.s change of address, ��en Borrov�er sha11 anly r�port a chan.ge of address through that spe��f ed procedure. There may be flnly one designated notic�addr�ss under th�s Secur�ty�nstrument at any ane�im�. Any n�tice to Lender sha.�l be given by delivering it or by ma��ing it b�f rst class mail to Lender's addr�ss s�ated here�n unless L�nder has designated ana�her address by notice tfl Borrower. Any notice�n cannecti�n with this Secur�ty�ns�rument sha11 nn�be deerr�ed to have been given to Lend�r u.nt�l a�tua.��y rece�ved by Lender. �f any notice required by this Security��strument is also requ�red under Applicable Law, the Applicab�e Law requirement v�rill satisfy the correspanding requirem�n�under�his Secur�ty�nstrument. 'I s. Gv�erning Law; S��erabi�ity; Rules of Construction. This Security Instrument shall be ga�erned b� federal lav�and the law of the jurisdictian in�vhich the Property is located. A11 righ�s and�bl�gatians con�a.�ned in�his Security Instrument are subj ec��any requirements and l�mitations of Applicable Law. App��cab�e Law might explicitly ar impl�c�tly allow the par��es�o agree by cnn�ract or it m.�ght be silent, but such si�ence sha��no�be canstrued as a prohibition against agreement by can�ract. �n the e�ent that any prov�sion or clause of th�s Security Instrumen�ar the Note conflicts w�th Applicab�e Law, such can��ct sha11 nQ�affe��a�her prav�s�ons of this Security rnstrum.ent Qr the Note which ca,n be given�ffe�t w�thout the conf�icting pro�is�on. • As used in thi� Seeur�ty Instrument: �a�vvords of the ma.sculine gender. shall mean and�nc�ude correspand�ng neu�er w�rds or v�ords of the femin�ne gender; �b}vvords in the singular s�a�l mean and�nclude the p�ural and�ice�rersa; and �c}the word "may'f gives sole discretion withaut any flbl�ga��on to�ake any ac�ion. 'I?� Borr�w er's�Copy. Borrow�r shal� b�g��n�n�copy of th�Note and of�his Securz�y�nstrument. 'I 8. Transfer of the Property ar a E3�nef�cial I nterest in Borra►nr er. As used in this Se��ion 1$, "7nterest in the Praperty" means any�egal or b�nef c�a1 in�erest in the Property, including, bu�n�t lim�ted ta, those beneficia.� interests transferred�n a band for deed, con�ract for deed, ins�a.tlment sa1e�contra�t or escrow agreement, the intent❑f which is the transfer of titie by Borrower at a future da�e ta a purchaser. .� : �f all or any part af t�e Property or any�nterest in the Property�s so�d or transferred�ar �f Barro�r�r�s nat a natural persan and a beneficia� in�eres�in B�rrower is s�ld�r transferred} withaut Lender's priflr�ritten cansent, Lender may require�mmedYate paymen�in ful� of al� sums secured by�his 5ecurity Instrumen�. However, th�s Qp��on shall not�e exercised by Lender if such exercis�is pr�hibited by Applicab�e Law. 88�1687�95 �� ,� � � � �� 8sa1587D95 NEBRASKA-5ir�gle�amily-Fannie IUiael�r�ddie fVlac[JNIFQRM INSTRIJMENT WITH MERS � �arm 3028 110� VM P� VM P�A{NE}{�3p2] Walfers Kluw�r�inancial Services Page 12 of 17