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2oioo�� There may be only one designated notice address under this Security Instrument at any one tirne. Any notice to Lender sha11 be given by delivering it or by maaling it by first class rnail to Lender's address stated herein unless I.,ender has designated another address by notice to Bor.rower. Any notice in connection with this Security Instrument 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 requirement will satisfy the corresponding requirement under this Security Instrument. 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 allow the parties to agree by cantract or it might be silent, but such silencc shall not be construed as a prohibition against agreement by contract. Tn the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable �,aw, such canflict 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 rnasculine gender sha11 mean and include corresponding neuter words or words of the feminine gender; (b) words in Che singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion witlxout any obligation to take any action. 17. Borrower's Copy. Barrpwer shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Section 1$, "Interest in the Praperty" means any legal ox beneficial interest in the Property, including, but not limited to, those bene�cial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of Citle by Borrawer at a future date to a purchaser. If all or any part of the Property or any Interest in tkie Prpperty is sold or transferred (nr if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without I.ender's prior written consent, I.ender may require icncnediate payment in full of all sums secured by this Security Tnstrument. However, this option shall not be exercised by I,ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, I.ender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days frorn the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instruxnent. If Borrower fails to pay these sums prior to the expiration of this period, L,ender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrawer meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time priox to the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale contained in this Security Instnunent; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgrnent enforcing this Security Instruzn.ent. Those conditions are that Borrower: (a) pays L.cnder all sums which then would be due under this Security Instrument and the Note as if no acceleration had accurred; (b) cures any default of any other covenazits 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 ocher fees incurred for the purpose of protecting I.ender's interest in the Property 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 Instrurnent, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstaternent sums and expenses in one or more of the following fornzs, as selected by Lender: (a) cash; (b) rnoney order; (c) certi�ied check, bank check, treasurer's check or cashier's check, provided any such check is darawn upon an institution whose depasits are insured by a federal agency, instn►rnentaliCy or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrumenc and obligations secured hereby NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) loa� t 1 Peee i i of i 5 Initial �� Form 3028 1/07 p q � y t . . � �,r ��' ... �