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200904084 There may 6e only one designated notice address under this Sectntity instrurtrent at any one time. Any notice w 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 nudce to Borrower. Any notice in connection with this Security lnsfitment shall not be deemed to have been given to l.,ertder until actually received by Lender. If any npli(:e required by this Security Instrument is also reyuired under Applicable Law, the Applicable t.aw requirement will satisfy the corresponding requirement undcyr dtis Security Instrument. l6. f-nverning Law; 5evera6ility; tittles of Cougtrpction_'Ihis Sectnity lnsmrment shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rlghtg and obligations contained in mic Security Instrument are subject to any rryttircmente and limiuttions of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a pmhihition against agreement by contract In the event titer any provision or clause of than Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gander shall mean and include corresponding neuter words or words of the feminine gender; (b) worxls in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation w take any action. 17. Borrower's Copy. Borrower shall be given one copy of [he Nnte and of this Security lnstrumettt. 18. Transfer oP the Property pr a Beneficial Interest in Borrower. As used in mas Section 18, "Interest in the Property" means any legal or beneftcial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sates contractor escrow agreement, the intent of which is the transfer of title by Borrower at a future dare W a purchaser. If all or any part of me Property or any Interest in the Property is strkl ar transFeared (or if Borrower L not a natural person and a beneficial interest in $orTnwer is sold ar transferred) 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 exerc:ased 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 days fmm the date drt: notice is given in accordance with Section 15 within which Borrower must pay alt sums secured by this Security Instrument. Yf Barrawer fails to pay these sums prier w the expiration of Ibis period, l.entler may invoke any remedies permitted by this Security Instrument without funltcr notice or demand vn Borrower. 19. Borrower's Bight to Beitrstate After Acceleratarn. if Borrower meets certain conditims, Borrower shalt have the right w have enfnrccment of Chia Security Instrument discontinued at any time prier to the earliest of: (a) hoe days before sale of the Property pursuant to any power of sale contained in Utis 5eetuity lnsrument; (b) such other period as Applicable Law might specify for the termination of Borrower's tight tv reinstate; or (c) entry of a judgmen[ enforcing this Security Instnument Those conditions are that Bom7wer: (a) pays lender all sums which then would be due under this Security Inswment and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agrcermnts; (c) pays all expenses incuured in enfoning this Security lnslnttnent, including, bur not limited to, reasonable attortreys' fees, property inspection and valuation Fees, and other ftes incurred for the purpose bf protecting Lender's interest in the Property and rights under this 5ectuily Instrument; and (d) takes such action as Ixrrder may rt'.asonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay ilre sums secured by this Security Instrument, shall continue unchanged. Lender may require mat Borrower pay such reinstatement sums and expensGC in one or mare of ilre following forms, as selected by Lender; (a) cash; (b) 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 insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations sewr~ hereby shall remain fully effective as if no acceleration had oaurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. NEBRASKA -Single Family - Frnnls 1irNFrrddle Yro UNIFbRM rN3TpUMEN ~~~ -6(NE) last~l Page 110115 Iniflals: 0 028 VQ1