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2o�oo7s54 There may be only one desi�nated 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 stated herein unless Lender has designatad another address by notice to Borrower. Any notice in connection with this Security Instrurnent shall not be deemed to have be�n 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 cort'esponding requirement under this Sacurity Instrument. 16. Governing Law; Severability; Rules of Construcdon. This Security Instrument shall be gpverned by federal law and the law of the jurisdiction in which the Properiy is located. All rights and abligations contained in this 5ecurity Instrutnent are subject to any requirements and limitations 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 prahibition against agreement by cantract. In the event that any provision or clause of this Security lnstrument pr 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 Instrument: (a) words of the masculine gender shall mean and include correspondin� neuter words or wards 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 discretinn without any obligation to take any action. 17. Sorrower's Copy. Borrower sha11 be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Seneficial Interest in Borrawer. As used in this Section l8, "Interest in the Froperty" means any legal or beneficial interest in the Property, including, but not lunited 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 title by Horrower at a future date to a purchaser. �f all pr any part of the Property or any lnterest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Leander may require immediate payment in full of al] sums 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 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 1 S within which Borrower must pay all surus secured by this Security Instrument. If Borrower fails ta pay these sutzas 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's Right ta Reinstate After AcceleraHon. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale contained in this Security lnstrument; (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 Instrum�nt. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrurnent and tha Note as if no acceleration had occurred; (b) curas any default of any other cavenants or agreements; (c) pays all expenses incurred in enforcing thi5 Security Instrument, including, but not lirnited to, reasonable attorneys' fees, property inspection and valuation £ees, and other fees incurred for the purpose of pratecting Lender's interest in the Property and rights under this Security Instrument; and (d) talces such action as Lender may reasonably require to assnre 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 reinstatement sunrxs and expenses in one or more of the following forms, as selected by Lender: (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 �'unds Transfer. Upon reinstatement by Borrower, this Security Tnstruznent and obligations secured hereby 23Q945 NEBRA5KA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE) �oeii� Page 11 of 15 Initials: �... Form 3�28 1/01 �