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<br />200709052 <br /> <br />notice address if sent by other means. Notice to anyone Borrower shall constitute notice to all <br />Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the <br />Property Address unless Borrower has designated a substitute notice address by notice to Lender. <br />Borrower shall promptly notifY Lender of Borrower's change of address. If Lender specifies a <br />procedure for reporting Borrower's change of address, then Borrower shall only report a change of <br />address through that specified procedure. There may be only one designated notice address under this <br />Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing <br />it by first class mail to Lender's address stated herein unless Lender has designated another address by <br />notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have <br />been given to Lender until actually received by Lender. If any notice required by this Security <br />Instrument is also required under Applicable Law, the Applicable Law requirement will satisfY the <br />corresponding requirement under this Security Instrument. <br /> <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 <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable <br />Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be <br />silent, but such silence shall not be construed as a prohibition against agreement by contract. In the <br />event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br /> <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 <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation <br />to take any action. <br /> <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br /> <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, <br />those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a <br />purchaser. <br /> <br />I f all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is <br />not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment in full of all sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br /> <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Section <br />15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to <br />pay these sums prior to the expiration ofthis period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br /> <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to <br />the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this <br />Security Instrument; (b) such other period as Applicable Law might specifY for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other <br />covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, <br />including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and <br />other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's <br />interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the <br />sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower <br />pay such reinstatement sums and expenses in one or more of the following forms, as selected by <br />Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, <br />prQYid~d.any_.su-,.h".c.heckiS-(lrawnuponan institution -whose deposits are insured by a federal agency, <br />instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this <br />Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration <br />had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section <br />18. <br /> <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the <br />Note (together with this Security Instrument) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects <br /> <br />NI;BRASKA - Single Family - FlIIlln~ M_JIi'i'Hdle Ma4:: UNIt'ORM INSTRUMENT <br />iC 2004-2006 Copyright Compliance Sy,tems. Inc. 2D26.9D7A - 2006.11. 140 <br />r.~F.mIlY Real Estate. Secuntl'...Instrument DL2047 <br /> <br />PaKe 8 oLIO <br /> <br />FIJtm 302ft 1101 <br />www.compliancesystems.com <br />8.g.9:,968.8522 . Fax 616-956- J <br /> <br />Initials <br />