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24i00544G There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by rrrailing it by first class mail to bender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in cormection with this Security Instrument shall not be deemed to have been given to I,ci~dGr until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable I,aw, the Applicahle Law recluire:rxrent will satisfy the arrresponding requirement under this Security Instrument. 1h. fzoverninl; 1.aw; Severabrlity; Rules of Construction. rI'his Security Irrstrurnent shall be governed by federal law and the law of the jurisdiction in which the: Property is lircatcd. All rights and obligations contained in this Security Instrument arc subject to any rcquiremerrts acid limitations of Applicahle I,aw. Applicable I,aw might e:xpliciUy or implicitly allow the parties to agree by contract or it aright be silent, but such silence shall rrot be construed. as a prohibition against agreenrerit 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 cnrrtlicting provision. As used in this Security Irrstrurnent: (a) words of the rrrasculine gender shall rriean and include corresponding neuter words or words of the feminine gender; (b) words irr the sirr~,tirlar shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to lake any action. 17. Borrower's Copy. Borrower shall he given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used irr this Section 18, "I.rrterest irr the Property" means any legal or berreficral interest in the Property, irrcludr7g, but not limited to, those beneficial interests Crarrsierred irr a bond for deed, contract for deed, installrrient 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 arry part of the Property or arry Interest irr the Property is sold or transferred (or if Borrower is not a natural person and a beneficialrrrteresC in Borrower is sold or lrarrsferred) witkrout Lender's prior written consent, Lender may require immediate payrnerit in full of all sums secured by this Security Instrument. However, khis option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If h,ender exercises this option, Lender shall give Borrower notice of acceleration.: The notice shall provide a period oI' 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. 11' Narrower fails to pay these sums prior to the expiration o1' this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Ril;ht to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement at' this Security Instrument disai'ntiiiued at any time prior to the; earliest of: (a) five days before: sale of tkrc l'ropcrty pursuant to any powcr'of sale: contained in this Security Inslrunrerri; (h) such ottrcr period as Applicahle: Law might specify for the termination of Borrower's right to reinstate; nr (c) entry of a judgment crrforcing this Security Instrument. "Those conditions arc that Borrower: (a) pays Iacndcr all sums which then would be due under this Security Irrstrumcnt and the Ncric 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 ter, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting I.cnder's interest in the Property and rights under this Security Irrstrurnent; and (d) takes such action as I.,ender may reasonably require to assure that Lender's interest it the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security .Irrstrurnent, shall continue unchanged. Leader may require that Borrower pay such reintitatriment sums and expenses in one or more o(' the following forrrrs, as selected. by Lender: ('a) cash; (ka) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided arry such clri;ck is drawn upon an institution whose deposits arc insured by a 1`ederal agency, instrumentality or entity; c.~r (d) Electronic Funds "f ransfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM IN57RUMENT -6tNE) ~nsin Page ~~ or ~s i~~t~aig: ~'LG Form 3028 1/01