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201007491 There may bo anly one dcsignatcd notice address under this Security Instrutnent at any one time. Any notice to Lender shall be given by delivering it or by m�ailing it by ftrst class mail to I,ender's address stated herein unless Lendet has designated anothcr address by notice to Bottower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by L�nder. If any notice required by this Security Instrument is also required undea' Applicable Law, the Applicable Law reqtrirement will satisfy the conesponding requirement under this Security Instrument. 16. Gnverning Law; Severability; Rules oi Congtruction. This Security Tnstrument shall be govemed by federal law sud the law of the jurisdiction in which the PrapeRy is lacatcd. A:ll rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly ar implicitly allow the parties to agree by contract or it might be silent, but such silence shall not ba constnted ag a ptohibition against agreement by contract. Tn the event that any provision or clause of this Security Instcuument, ar thc Natc conflicts with Applicable Law, such confliet shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in thia Security Instnunent: (a) words of the masculine gender shall mca.a and includc corresponding ncutet 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 abligation to take any action. 17. Borrower's Copy. Borrower shall b� given one copy of the Note and nf ttais Security Instrument. 18. Transfer of the Fropetty or a BeneTicial Interest in Borrower. As used in this Sectiou 18, "Tnterest in the Prnpetty" means any legal or beneficial intetest in the Property, including, but not limitcd to, those bencficial interests transfcttod in a bond for deed, contract for deed, installment sales contract or escrnw agreement, the intent of which is tha transfer of title by 8arrower at a futurc datc to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferrcd (ar if Sorrower is not a natural person annd a beneficial interest in Borrower is sold or transferred) withaut Lender's prior writtcn consent, Lender rnay require immediate payment in full of all sums secured by this 5ecurity Instrument. However, this option ahall not be exercised by Lender if such exercise is prohibited by Applicable Law. Tf Lender exercises this option, Lcnder shall give Sorrowcr notice of acceleration. The natice shall provide a period of �ot less than 3U days &om the date the notice is given in accardance wiW Section 15 within which Boaower must pay all sums �ured by this Security Instrument. If Borrower fails to pay these gums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower'� Right to Reiastate After Acceleration. If Borrower meets certain canditions, Borrower shall havc the right to have enforcement of this Security Inetrument discontinued at any time prior to the earliest of: (a) five days before sale of the Froperty pursuant to any power of sale cantained in this Se�urity Instrument; (b) such other period as Applicable Law might spacify for the termination of Borrower's right to reinstate; or (c) eahy of a judgment enforcing this Security Instrument. Those conditions are that Borrpwer: (a) pays Lender all sums which then would be due under t�is Secw�ity Instiument and the Note as if no accetetation had occurred; (b) cures any default of any othcr cavenants ar agreements; (c) pays all expenses incurred in enforeing this Seaurity Instrument, including, but nat lirnited to, reasonablc attorneys' fees, property inspection and valuation fees, and other fees incurted for the purpo�e of protccting Lender's interest in thc Praperiy and rights under this Security Instnunent; and (d) takes such actian as Lender may reasonably require to assure that Lender's interest in the Ptoperty and rights undor this Security Instrument, and Sartawer's obligation to pay the sums secured by this Security Instnunent, shall continus unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as �elected by Lender: (a) cash; (b) mnney order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such chcek is drawn upon an institution whose deposits are insured hy a federal agency, instrumentality or cntity; or (d) Electronic Funds Ttar►sFer. Upon reinstatcment by Borrowcr, this Seaurity Instrument and obligations secured hereby NEBRASKA- Singk Famtly - Fannls MaelFnddN Mac UNIFORM IN81'RUMENT � � �(NE� (0811) Pspr 71 of15 i�+uair. Form Sp28 1/01 �