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201004325 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal la~v and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject. to any requirements and limitations of Applicable Law. Applicable Lawmight explicitly or implicitly allowthe parties to agree by contract nr 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 wrath Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provisiata. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of Llte feminine gender; (b) words in the sittgular shall mean and include the pltn"al attd vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Cagy. Borrower shall be given one copy of the Note and of this Security In trtunent. 18. 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 any part of the Properly or any Interest vi the Property is sold or transferred (or if Borrower is not. a natural. person. and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrtuuent. 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 oat 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 to pay these sums prior to the expiration of this period., Lender tray invoke airy remedies pernutted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certaui 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 to reinstate; or (c) entry of a judgment enforcing this Security Instrtment. Those conditions are that Borrower: (a) pays Lender al] sums which then would be due under this Security hstr~unent and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) 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 tights under this Security Instnunent; and (d) takes such action. as Lender nary reasonably require to assure that Lender's interest in the Property and rights under this Security lnstnunent, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that 'Borrower pay such reinstatement sums and expenses in one Dr more of the followhng 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 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. 2t1. Sale of Nate; Change of Loan Servicer; 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 (larown 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 Nofe, 'ctris Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Sen7cer 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 made and any other information ]tESPA requires 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 to Borrower tivill remain wdth the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM INSTRUMENT ®~(NE) lasiil Page iom~a in~i~ais: Form 3028 1101 DDS-NE9 I (IIII IIII VIII VIII IIIIIII IIII IIII IIII IIII (IIII IIII VIII IIII IIII 1~~ ODOONE9622316