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20�oo79ig There may be only one designated notice address under this Security Instrument at any one time. Any notice ta Lender shall be given by delivering it or by mailing it by first class mail to I..ender'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,�nder. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requiremenc will satisfy che corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Ra1es of Constraction. 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 Instnunent are subject to any requirements and limitations of Applicablc Law. Applicable Law might explicitly or irnplicitly allow the parties to agree by contract or ic might be silent, but such silence shall not be construed as a prohibition against agreement by contract. �n the event that any provision or clause of this Security Instrument 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 Inscrument: (a) words of the masculine gender shall mean and include corresponding neuter 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 wichout any obligation to take any action, 17. Sorrower's Copy. Banpwer shall be given one copy af the Note and of this Security Instrument. 18. Transfer of the Property or a Bene�cial Interest in Sorrower. As used in this Section 18, "Interest in the Property" means any legal or bene�cial interest in the Property, including, but not limited ta, 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 all or any part af the Property ar any Interest in the Praperty is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Bonower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in �ull of a11 surns secured by this Security Instnunent. However, this option sha11 not be exercised by i.ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleratipn. The notice shall provide a period of nat less than 30 days frorn the date the notice is given in accordance with Section 1 S within which Borrower must pay all snms secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, I..ender may invoke any remedies permitted by this Security Instrument without further nocice or 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 discantinued at any time prior to the earliest of: (a) �ve days before sale of tlxe Property pursuant to any power of sale contained in this Security Instrurnent; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrurnent. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument 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 attorneys' fees, 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 action as Lender rnay reasonably 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. I.ender 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) 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, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM IN57RUMEN7 �-B�NE) loatt) Page 11 of 15 Initials: v Form 3028 ii �! � 11 �.i , � if � 1/01 � <�