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201007988 There rnay be only one designated notice address under this Security Instrument at any one time. Any natice 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 designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to I.ender until actually received by Lender. If any notice required by this Security Instnunent is also required under Applicable Law, the Applicable I.aw requirement will satisfy the corresponding requirernent under this Security Instrurnent. 16. Governing Law; Severability; Rules of Construction. 'This Se�urity Instrument shall be gpvemed 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 Lavv. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it �night be silent, but such silence shall not be construed as a prohibition against agre�ment by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable I.aw, such conflict shall not affe�t other provisions of this Security Instniment or the Note which can be given effect without the conflicting provision. As used in this Security Instrutr►ent: (a) words of the xnasculine gender shall mean and include corresponding neuter words or words qf 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 with�out any obligation to take any action. 17. Borrawer's Copy. Borrawer shall be given one copy of the Note and of this Security Instrument. 18. Transfer ot' the Propecty ar a Benefieial Interest in Borrower. As used in this Section 18, "Interest in the Property" means az�y legal or bene�icial interest in the Property, including, but not limited to, those bene�cial interests transferre� in a bond for deed, contract far deed, installment sales contract or escrow agrcement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. Tf all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural pez�son and a beneficial incerest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment ��rr of all surns secured by this Security Instnunent. 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 Bonower 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 Sorrower must pay all swns secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may in.voke any rernedies pernutte� by this Security Instrument without further notice or demand on Barrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrawer shall have ttae right ta have enforcement of this Security Instnunent discontinued at any time 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 periad as Applicable I.aw might specify for the tenmination af Borrower's right to reinstate; or (c) entry of a judgrnent enforcing this Seeurity Instniment. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instnux�ent 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 Instnunent, including, but not lirnited to, reasonable attarneys' fees, property inspection and valuation fees, and other fees incurred for the purpase af protecting Lender's interest in the Property and rights under this Security Instrurnent; and (d) takes such actian 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 swms secured by this Security Instrum�nt, shail continue unchanged. Lender may require that Borrower pay such reinstaternent sums and expenses in one or more of the follovc+ing forms, as selected by Lender: (a) cash; (b) rnoney 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 fe�eral agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secure� her�by NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRLIMENT �-6(NE) 1oet�1 Page �t of 16 Initials: m Form 3p28 1/01 m ! �..� ,� r � �� + ri ��