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241008i50 There may be anly one designated notice address under this Security Insn at any one tune. Any notice to I,ender 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 shal] not be deemed to have been given to I.ender until actually received by Lender. If any notice required by this 5ecurity 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 Canstruction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and nbligations contained in this Security Instniment are subject to any requirernents and limitatians of Applicable Law. Applicable Law might explicitly or ixnplicitly allow the parties to agree by contract ar it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such con£lict shall not affect other provisions of this Security Instrument or the Nate 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 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 without any abligation to take any action. 1'7. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 1$. Transfer of the Prope�'ty or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Prpperty" means any le�al or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond £or deed, contract for deed, installment salas contract or escrow agreement, the intent of which is the transfer af title by Sorrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or trans£err�d (or if Borrower is not a natural person and a beneficial interest in Sorrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of a11 sums secured by this Security Instruxnent. However, this option shall not be exercised by Lender if such exercise is prqhibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice o£ 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 Borrower rnust pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Insmiment without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Barrower meets certain conditions, Borrower shall have the right to have enfprcement of this Security Instrument discontinued at any time prior to the earliest of: (a) �ve days before sale af the Property pursuant to any power of sale contained in this Security Instrument; (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 lnstruxnent. Those conditions are that Sorrower: (a) pays Lender all sums which then would be due under this 5ecurity Tnstrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreemea�ts; (c) pays all expenses incurred in anforcing this Security Instnunent, including, but npt 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 L�nder 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 sums secured by this Security Instniment, shall continue unchanged. Lender may require that Sorrower pay such reinstatement suxa:is and expenses in one or more of tk�e fallowing 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, instnimentality or entity; or (d) �lectronic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and obligations secured hereby 230949 NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUM�NT �-6(NE) �oeit� Page 11 of 15 Initials: � � Fprm 3028 1/01 � ,