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201008461 There may be only one designated notice address under this Security Instrurnent at any ane time. Any notice to Lender shall be given by delivering it ox 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 Lender until actually received by L.ender. Jf any notice required by this Security Instrument is also required under Applicable I.,aw, the Applicable Law requirernent will satisfy the conespanding requirernent 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 abligatians contained in this Security Instrument are subject to any requirements and lirnitations 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 prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument ox' 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 canflicting proviszon. As used in this Security Instrument: (a) words of the masculine gender shall mean and include cotresponding neuter words or words of the feminine gender; (b) words in the singular shall anean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligatinn ta take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Tnstrument. 18. Transfer of the Praperty or a Bene�cial Interest in Sorrower. As used in this Section 18, "lnterest in the Property" means any legal ar beneficial interest in the Property, including, but not limited to, 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 Barrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or trar�sferced (or if Borrower is not a natural person and a bene�cial interest in Barrower is sold or transferred) t�vithout Lender's prior written consent, L,ender may require immediate payment in full 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 Borrower notice of acceleration. The notice shall provide a periad of not less than 30 days from the date the natice is given in accordatace with Section 15 within which Borrower must pay a11 sums secured by this Security Instntment. If Borrower fails to pay these sums prior to the expiration of this period, I,ender rnay ianvoke any remedies perrnitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower tneets certain conditions, Bonower shall have the right to have enfarcement of this Security Instt�ux►ent discontinued at any tirne prior to the earliest of: (a) �ve days befare sale of the Property pursuant to arzy power of sale contained in this Security Instrument; (b) such other period as Applicable Law rnight specify for the termination of Borrawer's right ta reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all surns which then would be due under this Security Instrurnent and the Note as if no acceleration had occurred; (b) cures any default of any other cavenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, xeasonable attorneys' fees, property inspection and valuation fees, and other fees incurred far the purpose of protecting I..ender's interest in the Property and rights under this Security lnstrument; and (d) takes such action as T..ender may reasonably require to assure that I.ender's interest in the Property and xights under this Security Instnunent, and Borrower's obligation to pay the sums secured by this Se�curity Instrunnent, shall continue unchanged. Lender rnay require that Borrower pay such reinstatement sums 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 upan az� institution whose deposits axe 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 Mae/Freddie Mac UNIFORM INST'RUMENT �� 1 �� �-6(��) (D811) Page 11 of 15 initials' � � . � � Farm 3p2$ 9/p9 � � � � /"� 4 ' .� d