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20iQ08723 There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it oc by mailing it by first class mail to Lender's addtess statcd herei❑ iu�less Lender has designated another address by notice to I3axrower. Any notice in connection with this Security Instrument shall not be deemed to have been giv�n to Lcnder until actually received by Lender. If any notice required by this Security Instnunent is also required under Applicable Law, the Applicable Law requirement will satisfy the carresponding requirement under thia Security Instrutnent. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law o£ the jutisdiction in which the Propeirty 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 1mpHcltly allow thc partles to agree by contract or it rnight be silent, but such silence shall not be constx as a prohibition againat agreernent by contract. Iu the event that any provision or clause of this Security Tnstrument or 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 Sectu'ity 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 rnean and include the plural and vice vetsa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. BorroWer's Copy. Battower shall be given one copy of the Note and of this 5ecurity Instrument. 18. Transfer of the Property or a Beneficial Interest in Sorrower. As used in this Section 18, "Tnterest in the Property" rneans any legal or beneficial interest in the Property, including, hut not limited to, thnse beneficial interests transferred in a bond for deed, contract for deed, installment sales coniract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purcha5er. If all or any part of the Property or any .Tntexest in the Property is sold or transferred (ot if Borrowet is not a natural person and a beneficial interest i❑ I3orrower is sold or transferred) without Lender's priot written consent, Lendet may require immediate payment in full of all sums secured by this Security Insttument. However, this optian shall not be exercised by Lender if such exercise is prahibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower nntice oF acceleration. The notrce shall pravide a periad af nat less than 30 days from ihe date the notice is given in accordance with Section 15 within which Borrower must pay all suins secured by this Security Instrument. If Barrower fails to pay these sums prior to the expiration of ihis periad, Lender may invoke any remedies permitted by this Security Ins�ent without furthet notice or dernand on Bottower. 19. Sorrowcr's Right to Reinstate After Acceleration. If Borrower rneets certain conditions, Borrower shall have the tight to have enforcement of this Security Instrument discontinued at any time ptior to the eatliest of: (a) five days before sale of the Property pursuant to any power oF sale contained in this Secutity Instnunent; (b) such other period as Applicable Law might specify for the tetmination oF Bottowet's right to reinstate; or (c) entry of a judgrnent enforcing this Security Iusttument. 7'hose conditions are that Borrower: (a) pays Lender all sums which then would be due undet ihis Security Insttument and the Note as if no acceleration had occurted; (b) cutes any default of any other covenants or agteement5; (c) pays all expenses incurred in enforcing this Security Instr�unent, including, but not limited io, teasanable attorneys' fees, ptoperty inspection and valuation fees, and other fees incurred for the putpose of ptotecting Lender's interest in the Property and tights under this Security Instrument; and (d) takes such action as Lendet may reasonably require to assure that Lender's interest in the Property and rights under this Secutity Instrurr►ent, and I3or�'ower's oblig,ation to pay the surx►s secured by this Security Instrumen,t, shall continue ►anchanged. Lender may require that 13orrower pay such reinstatexnent sums and expenses in one ar more af the fallowing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check treasuret's check ot 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) Flectronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrurnent and obligation5 secured hereby NEBRASKA- Single Family - FannleMae/Freddie Mac UNIFORM INSTRUMEN7 �-6(NE) (os��t) Page 11 of 15 Initial� Form 3028 1/01 �