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200209677 already collected from Borrower which exceeded pemdtted limits will be refunded to Borrower. Lender may choose m make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal,thereductionwillbe treated asap at repayment withoutanyprepaymentcharge (whethermnotapmpayment chazge is provided for under the No lc). Borruwer s acceptance of any such retund made by direct payment to Borrower will consuluh: a waiver of any right of action Borrower might have arising nut of such overcharge. 15. Notices. All notices given by Borrower or Ixnder in connection with this Security Instrument must be in writing. Any notice to Burrower in connection with this Security Instrument shall be deemed to have been given m Borrower when Iriailed by first class it or when actually delivered a Borrower's notice address if sent byothermems. Notice many one Borrower shall constitute notice to all Borrowers unless Applicable law expressly requires otherwise. The notice address shall be the Property Address unless Burrower has designated a substitute notice address by notice to fender. Borrower Shall promptly notify Lender of Borrower's change of address. If Lender .specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security 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 Lender 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 will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject hl any requirements and limitations of Applicable law. Applicable Law might explicitlyor implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Iaw, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without Ure conflicting provision. As used in this Security Instrument (a) words of the masculine gender shall mean and include cortespondingneuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; aid (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall he given one copy of the Now and of this Security Instrument. IR. 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 agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or an of the Propertyor any Interest in the Property is sold or transferred (or if Bummer is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may euquire immediate pa cot in full of all sunns secured by this Security Instrument. However, this option shall not be exercised by Lender it uch exercise is prohibited by Applicable Law. If Under exercises this option, Lender shall give Borrower notice of acceleration. The raitiu: shill provide aperiod of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument If Borrower fails in pay these sums prior to the expiration of this incrust, Lender may invoke any remedies permitted by this Security instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right it) reinstate; or (e) entry of ajudgment enforcing this Security Instrument Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pa all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrumenq and (d) takes such action as Lender may reasonably require it) assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borr ower pay such reinstatement sums and expenses in one or more of the following forms, as selected by fender: (a) cash; (b) money order; (c) certified check, bank check, treasuter's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer, Notice of Grievance. The Now or a partial interest in the Note (together with this Security Instrument) can be sold tine or more times without prior notice to Borrower. A sale mightresult in a change in the entity (known as the "Loan Servicer') that collects Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Appficable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a chhange of the Loan Servicer, Borrower will he given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPAreluires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations in Borrower will remain with the Iran Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges [hat the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Bnmower ur lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take cort ective action. if Applicable law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given m Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corr mum action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute m, or otherwise trigger an Environmental Cleanup. NEBRABKA-- Sinµle Pnmily- Fannie Mae /Freddie Mac I1NIFORMMSTRBMENT F'orm3028 1 /01 rpagetiof8pages) 9754.CV(M) 611787 GOTG(CKMc853)