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2o�ousi54 There may be only one designated notice address under this Security Instrument at any one tirn�. 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 desi�;nated another address by notice to Borcower. Any notice in connection with this Security Instrument shall not be deemed ta have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable I,aw r�quirement will satisfy the correspanding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Froperty is located. All rights and obligations contained in this Security Instrument 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 canstrued as a prohibition against agreement by contract. In the event that any provision or clause of this Securiry Instrument or the Note conflicts with Applicable I.aw, 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 sha11 mean and include correspondin� 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 "xnay" �ives sole discretion withaut any obligation to take any action. 17. Eorrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. ]8. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "]nterest in the Property" means ax�y legal or beneficial interest in the Property, including, but not limited to, those beneficial interests Cransferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer af title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrpwer is sold or transferred) without Lender's prior written consent, Lender may require immediate paymeant in full of all 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 anot less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower rrXUSt pay a11 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 5ecurity Instrument without further notice or demand on Borrower. 19. Sorrower's Ri�ht to Reinstate After Acceleration. Zf Borrower meets certain canditions, Borrower shall have the right to have en£orcement of this Security Instrument discontinued at any time priar to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Secixrity Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgmenC enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sunr�s which then would be due under this Security Tnstrument and the Nate 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 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 Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or mare of the following 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 dracvn upon an institution whose deposits are insured by a federal agency, instrurnentality or entity; or (d) Electronic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and obli�ations secured hereby 230952 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE) �oe� �> Page 11 of 15 mi�iais: Form 3028 1101 �