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201007343 There may be only one designated notice address under this security Instrutt~nt at any one tame. Any notice to Lender shall be given by delivering it or by mailing it by facet class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in coru>ection with this Security I~t shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument. is also required under Applicable Law, the Applicable Law requireaent will satisfy the corresponding :requirement under this Security Instrument. 16. Governing Law; : Severability; Rules of. Co>ostrucdon. This Security Insinunent 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 allow the parties to agree by contract or it might be silent, but such silence shall, nvt be' construed as a prohibition against agreement by contract. In the event that any provision or ;clause of this Security Irtspvment 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) wards of the masculine gender shall mean and include corresponding neuter words ar words of the feminine gender; (b) words. in the singular shall mean .and include the plural and vice versa; atld (c) the word "may" gives sale discretion without any obligation to take an action. 17. Borrower's Copy. Borrower shall be given one copy of the Nate and of this Security Insuument. 18. Transfer of the Property or a Ben~idal Interest in Borrower. As used in this Section l8, "Interest in the Pro~rty" means any legal or beneficial interest in the Property, including, but not limited to, these beneficial interests tratl8ferl~Cd in a bond for deed, contract for deed, installment sates contract ar escrow agreemennt, the intent of which is the tt~ansfer of title by Borrower at a future date W a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferrer (or if Borrower is not a natural person and a beneficial interest in Borrower 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 exercised by L~tder if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower twtice of acxelerarivn. 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 flue Security Instrument. If Borrower fails tQ pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instn~rnent without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleradon. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instnunent 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 jud~naent enforcing this Security Instrument. Those conditions are that Harrower: (a) pays Lender all sums which then would be due under this Security Instruument 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 attorncys' fees. propcrty inspection and valuation fees, oral other fees incurred for the purpose of protesting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that I.ettder's interest in the Property and rights under this Security Instrument, 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 or more of the 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, i~tWity ar entity; or (d) Electronic 1?ands Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA -Single Family - Fann(e Mai/Fnddie Mac UNIFQRM INSTRUMENT -8(NE) lout) Peps 11 ut t~ i"tdaie: ,_~ Form 3028 9/p1