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� ��15�58�4 ._. If the Loan is subject to a law v�hich sets maximum laan�harges, and that law is finally interpreted so that the interest or other laan�harges collected or to be caIlect�d in cannectian with the Loan exceed the permitted limits, then: �a� any such loan charge shall be reduced by�he amount necessary�o reduce the char�e to the permitted Iimit; and�b}any sums already collected from Borrower v►rhich exceeded permi�ted limits will be refunded to Barrower. Lender may choase to make this refund by reducing the principal owed under the Nate or by making a direc�paymen�to Borrovver. If a refund reduces principal, the reduction will be treated a5 a partial pr�payment with�ut any pr�payment charge�whether ar not a prepayment charge is pra�ided for under the No#e�. B�rrawer's acceptance af any such refund made by direct paymenti�a Borrower will constitute a waiver af any right of actian Borrower might ha�e arising aut of such��ercharge. , 'I 5. N�tiCes. All notices given by Borrower or Lender in connection with this Securi�y Instrument must be in - writing. Any natice to Borrower in cannecti�n with�his Security Instrument shall be deemed ta ha�e been given to Borrower when mailed by first class mail or vvhen actua�Iy deliWered to Bvrrower's notice address if sent by other rneans. Notice to any one Borro�ver shall constitute n�tice to a11 Borrowers uniess App�Ycable Law expressly requires otherwise. The n�tice address shall�e the Pr4p�rfiy Addres�unless Barr4wer has designated a substitute notice address by nott�e ta Lender. Sarrower shall pramptly notif� Lender vf Barro�ver's change❑f address. If Lender specifes a procedure for repor�ing Borro�er's change of address, then Borrawer shall oni�r report a chan�e�f address�hrough that specified procedure. There ma}�be�nly one designated notice addr�ss under this Security Instrurnent at any one time. An�notice to Lender shall be gz�en by deli�ering it or by mailing it by f rs�c�ass rnai�to Lender's address stated herein unless Lender has designated another address by notice�o Barrower. Any notice in cflnnectian wifh this Security Instrument shall not be deemed ta ha�e been gi�en�o Lender untiI actuail�r�cei�ed by Lender. If any notice required by�his Securi�y Ins�rument is also required under App�icab�e Lavv, the App�Ycab�e Lav� requirement vriill satisf��the carresponding requirement under this Security Instrument. 1�. Governing Law; Se�era�ility; Ru[es of �onsfrucf ion. This Security�nstrumen�sha�l�e governed by federal law and the law of the jurisdiction in which�he Praperty is Iocated. All rights and obligatians � contained in this Security Ins�rument are subjec�to any rec�uirements and Iimita�ivns af Applicable Law. App�icabie Law might explicitly or irnplicitly allovrr the parties to agree by contract or it might be silent, bu� such silence shall not be construed as a prohibition a�ainst agreement by c�ntracti. �n the e�ent that any pro�ision or clause of�his Security Instrument or the Note conflic�s►�i�h Applicable Law, such coriflict shall nat affect other prov�sions❑f this Security Instrurnent or the Nate which can be�given effect without�he c�nflicting pro�ision. As used in this Security Znstrumen�: (a}words of the masculine gender shall mean and include�orresponding neu�er words ar words af the feminine gender; (b}wards in the singular sha11 mean and include the plural and Wice versa; and(c�the ward""may" gives so�e discre�ion withaut any obligation to take an�action. 1�. Borr�wer's Copy. Barrawer shail be giWen one copy af the l�ote and of this Security�nstrumen�. '�8. Transfer af fhe P�operty ar a Beneficial �nterest in Borrower. As used in this Section I8, "In�erest in the Property" means any legal or benef cial interest in the Property, including, but not limited to, thase beneficial interests transferred in a bond for deed, contract far deed, insta�lment sa�es cvntra�t or escraw agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If aIl or any part of the Property or any Interest in the Property is said ar�ransferred�or if Barrower is not a naturai persan and a beneficial interest in Borrvwer is sold or tiransferred}withaut Lender's prior written consent, Lender ma�require immediate paymenf in full of aI�surns secured by this 5ecurzty Tnstrument. Howev�r, this optian shali no�be e�ercised by Lender if such exercise is prohihited by Applicable Law. 155474684 0091936724 NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNIFaRM INSTRLJM�NT WITH M�RS Form 3�Z8 1J01 . VIIIIP 0 VAlIP6A(NE�(7302).0❑ Wolters Kluwer�inancial Services Page 1�of 17