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2oioo�sss t � There rnay 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 mailing it by first class mail to Lender's address state�i herein unless Lender has designated anather address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deerned to have been given to Lender until actually received by Lender. If any notice required by this Security Instrurnent is also required under Applicable I.aw, the Applicable Law requirernent will satisfy the corresponding requirernent under this Security Instrument. 16. Governing L�w; 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 Se�urity Instrurnent are subject to any requirements and limitatiqns 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 not be construed as a prohibition against agreement by contract. In the event that azry provision or clause of this Security Instnunent or the Nate conflicts with Applicable Law, such con�lict 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 Instnunent: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singulaz shall rnean 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 copy of the Note and of this Security Instrument. 1$. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this 5ection 18, "Interest in the Property" rneans any legal or beneficial interest in the Property, in�cluding, but not limited to, thase beneficial interests transferred in a bond for dee�, contract for dced, installment sales contract or escrow agreement, the intent of which is the transfer of title by Ba�rc'ower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfearare� (or if Barrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without I.ender's prior written consent, Lender may require immediate payment in full of all sunns seeured by this Security Instrurn�ent. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable L,aw. If Lender exercises this option, Lender shall give Borrower 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 Bprrawer must pay all sums se�ured by this Security Irnstrument. If Borrower fails to pay these suxns prior to the expiration of this period, Lender may invoke any remedies pern�itted by this Security Instrument without further notice oar demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any tim�e prior to the earliest of: (a) five days before sale of the Property pursuant to any pawer of sale contained in this Security Instrument; (b) such other period as Applicable Law might spccify for the ternuniation of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditians are that Borrower; (a) pays Lender all surns which then would be due under this Security Instnunent and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agre�ments; (c) pays all expenses incurred in enforcing this Security Instrurnent, including, but nat limited to, reasonable attnrneys' fe�s, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such actian as Lender may reasanably require to assure that Lender'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 reinstatem,ent sums and expenses in ane or more of the following forms, as selected by �nder: (a) cash; (b) money arder; (c) certified check, bank check, treasurer's check or cashier's check, provide� any such check is drawn upon an institution whose deposits are insured by a federal agency, instaru�nentality or entity; or (d) Electrnnic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Single Family - Fannie Mae/Fraddia Mac UNIFORM INSTRUMEMT �-6�NE) (oat t1 Pege 11 of 15 inrtiais: Fprm 3028 1/07 � -, �� ; i� �� l 1y r 7 ..• � �, � , �