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201004975 I 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 are subject to any requirements and limitations of Applicable Law, Applicable Law might explicitly or implicitly allowthe parties to agree by contract or 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 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 gender shall mean and include corresponding- neuter words or, words of the feminine gender; (b) words 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 flue Note .arid of this Security Instrument: 18. Transfer of the Property".-Or a Beneficial Interest •rn Boftower;'•As used in'this Section.18, "Interest inehe 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, instalhueut 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. tiny Interest in the Property ,is sold or transferred (or if Borrower is irol 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,Instrument. However, this option shall not be exercised by Lender if such 'exercise is prohib'ited`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 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 stuns .prior to the expiration of this period,. Lender may' invoke any remedies perinitted by this Security Iristnunent'•without. further notice or demand on Borrower..: . 19. 'Borrower's 'Right to• Reinstate After Accele'rafiiius- if Borrower meets certain 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 Instrmnent. Those conditions are that Borrower: (a) pays Lender all stuns .which then would be due under this Security Instruunent 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 rights under this • Security Instruuuent; and: (d) takes such action as Lender may, reasonably require to assure that Lender's interest .in die Property and rights,. .under this Security.. Instrument, and Borrower's obligation to pay the sums secured by. this. Security Instrwnent, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected . by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check . or.cashices check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality ox 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, 20. Sale 'of Note; 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 I entity @nown as the "Loan Servicer") that collects Periodic Payments due under the Note and- this Security Instrument and j performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also. might be one' or more changes of the Loan Servicer 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 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 Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with 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 MaeiFreddie Mao UNIFORM INSTRUMENT ®s(N ) (8911) Page 10 of 14 inigai6: Form 8028 1101 -k DDS-ND I I loll 11111111111111111111111111111111 IN 111111111111 III 11111111111111111 OOOONE9622306- I I