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200607821 Loan No: 4002557800 Data ID; 858 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 arc subject to any requirements and limitations of Applicable Law. Applicahle Law might explicitly or implicitly allow the parties to agree by contract or it might he silent, hut 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 Law, such conIliet shall not affect other provisions of this Security Instrument or the Note which can bc given effect without the conflicting provision. A~ used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or word~ of the feminine gender; (b) word~ in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation 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. A~ uscd in this Section 18, "Interest in the Property" mean~ any legal or beneficial interest in the Property, including, but not limited la, those beneficial interests transferred in a bond for deed, contract for deed, irt~tallment sales contract or escrow agreement, the intent of which is the tnlrt~fer of title by Borrower at a future dale to a purchaser. If ,111 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 beneficial interest in Borrower is sold or transferrcd) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 llllYS 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 to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After AL'Celerlltion. If Borrower mects certain conditions, Borrower shall havc thc 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 to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditiort~ are that Borrower: (a) pays Lender ,Ill sums which then would be due under thi~ Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (e) pays 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 Instrument; and (d) takes sueh aetion as Lender may reasonably require to 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 Borrower pay such rein~tatement sums and expert~es in one or more of the following forms, as selected by Lender: (a) cash; (h) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are imured by a federal agency, instrumentality or entity; or (d) Electronic Fund~ Transfer. Upon reirt~tatement by Borrower, this Security Instrument and ohligatiom 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; Chunge of I..oun Servker; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Paymcnts due under the Note and this Security Instrument and performs othcr mortgage loan servicing obligatiort~ under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servieer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be 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 madc and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Serviccr other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servieer or be transferred to a successor Loan Scrvicer and arc not assumed by the Note purchaser unless otherwise provided by [he Note purchaser. NEBRASKA. Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Modified by Mlddleberg, Riddle & Glanna Form 3028 1/01 (Page 9 of 11 Pagas) ~t5