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200205823 <br />other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not <br />be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited <br />by this Security Instrument or by Applicable Law. <br />Ifthe Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that <br />the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted <br />limits, then (a) any such Iran charge shall be reduced by the amount necessary to reduce the charge to the permitted <br />limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to <br />Borrower. tender may choose to make this refund by reducing the principal owed under the Note or by making a <br />direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment <br />without any prepayment charge (whether or not a prepayment charge is provided for under the Note)- Borrower's <br />acceptance of any such retied made by direct payment to Borrower will constitute a waiver of any right of action <br />Borrower might have arising out of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be <br />in writing_ Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given <br />to Borrower when mailed by fiat class mail or when actually delivered to Borrower's notice address if sent by other <br />means_ Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly <br />requires otherwise- The notice address shall be the Property Address unless Borrower has designated a Substitute <br />notice address by notice to Lcndcr. Borrower shall promptly notify, Lender of Borrower's change of address. If <br />Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change <br />of address through that specified procedure. There may be only one designated notice address under this Semirity <br />Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail <br />to Ivrdcr's address stated herein unless Lender has designated another address by notice to Borrower. Any notice <br />in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received <br />by I ender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable <br />lbw requirement will satisfy the corresponding 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 wifh Applicahe Law, such conflict shall not affect other provisions ofthis 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 <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the <br />plural and vice versa; and (c) the word' may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Burrower shall 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 <br />in the Property" means any legal or beneficial interest in the Property, including. but not limited to, those beneficial <br />interests transferred 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 Borrower at a future date to a purchaser_ <br />[fall or any part ofthe Property or any Interest in the property is sold or transferred (or if BOMYNCr is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without bender's prior written consent, <br />Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this <br />option shall not be exercised by Lender if such exercise is prohibited by Apphcahc Low. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration The notice shall provide <br />Z period of not less than 30 days fi'om the date the notice is given in accordance with Section 15 within which <br />Borrower must pay all sums secured by this Security Instrument If Borrower fails to pay these sums prior to the <br />expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further <br />notice or dcmmnd on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Burrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of <br />(a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (h) <br />such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry <br />NEBRASKA- Slrgle fay »n >— Frrriv nlrwFrreeme ais IINI FORM nusraPwesf Form 3028 1/01 <br />asc It I of I I pagr.l <br />rocmxcs.vxx onerzror <br />