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<br />200709769 <br /> <br />15. Notices. All notices given by Borrower or Lender in connection with this Security <br />InstrUlllcnt must be in writing. Any notice to Horrowcr in connection with this Security Instrument <br />shall be deemed to have been given to Borrower when Illai led by first class mai I or when actually <br />delivered to Borrower's notice address if sent by other means. Notice to anyone Borrower shall <br />constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice <br />address shall be the Property Address unless Borrower has designated a substitute noticc address by <br />notice to Lender. 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 <br />report a change of address through that specified procedure. There may be only one designated <br />notice address under this Security Instrumcnt at anyone time. Any notice to Lender shall be given <br />by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender <br />has designated another address by notice to Borrower. Any notice in connection with this Security <br />Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any notice required by this Security Instrument is also required under Applicable Law, the <br />Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall <br />be governed by federal law and the law of the jurisdiction in which the Property is located. All <br />rights and obligations contained in this Security Instrument are subject to any requirements and <br />limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to <br />agree by contract or it might be silent, but such silence shall not be construed as a prohibition against <br />agreement by contract. In the event that any provision or clause of this Security Instrument or the <br />Note conflicts with Applicable Law,such contlict shall not affect other provisions of this 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 <br />include corresponding neuter words or words ofthe feminine gender; (b) words in the singular shall <br />mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any <br />obligation to take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security <br />Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section <br />18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but <br />not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment <br />sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future <br />date to a purchaser. <br />I f all or any part of the Property or any Interest in the Property is sold or transferred (or if <br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without <br />Lender's prior written consent, Lender may require immediate payment in full of all sums secured <br />by this Security Instrument. However, this option shall not be exercised by Lender if such exercise <br />is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The <br />notice shall provide a period of not less than 30 days from the date the notice is given in accordance <br />with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If <br />Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any <br />remedies permitted by this Security Instrument without further notice or demand on Borrower. <br /> <br />NEBRASKAuSingle Family--Fannie MaeIFreddie Mac UNIFORM INSTRUMENT <br /> <br />F.,m 3~"" 1fJ;A P"K"} <br /> <br /> <br />Initial Here <br />