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201OQ7568 There may be only ane designaCed notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it ar by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by L.ender. If any natice required by this Security Instaruznent is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 1G. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Froperty is located. All rights and obligations contained in this Security Instrument are subject Co any requirements and limitations of Applicable I.aw. Applicable Law rnight explicitly or implicitly allow the parties to agree by contract or it mighC be silent, but such silence shall not be construed as a prahibition against agreement by contract. In Che event that any provision or clause of this Security Instrument or the Note con£licts 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 ferninine 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 capy of the Note and of this Security Tnstrument. 18. Transfer of the Property or a Bene�cial Interest in Barrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not lirnited 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 a11 or any part of the Property or any Interest in the Praperty is sold or transferred (or if Borrower is not a natural person and a bene�cial interest in Borrower is sold or transferred) without I.,ender's priox written consent, Lender may require irnrnediate payrnent in full of a11 suzns secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises Chis option, I.ender shall give �orrower 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 rnust pay all suzns secured by this Security InstrumenC. If Borrower fails to pay these sums prior tn the expiration of this period, Lender may invoke any aremedies pez�rnitCed by this Security Instrument without further notice or demand on Boxrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower rneets certain conditions, Borrower shall have the right to have enforcement af 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 cantained in this Security lnstrument; (b) such other period as Applicable Law might specify for the termination of $orrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Thase conditions aze that Borrower: (a) pays L,ender all sunns which then would be due under this Security Instzvment and the Nate as if no acceleration had occurred; (b) cures any default of any other covenants or agreernents; (c) pays all expens�s incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose af protecting Lender's interest in the Praperty and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the surns secured by this Security Instrurnent, shall continue unchaz�ged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by I..ender: (a) cash; (b) znoney order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrurnentality or entity; or (d) �lectronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 2200058545 D V6ANE NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MER$� �-6AINE) �osio� Pa�e �� of 15 Initials: C4_ /� Form 302$ 1/01 0 r ��