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20 1008934 There may be only one desi�nated notice address under this Security Instrument at any one tirne. Any notice ro Lender shall be given by delivering it or by mailing it by �rst class mail ro Lender's address staCed herein unless Lender has designated another address by notice to �3orrower. Any notice in connectio�� with this Security Instrument shall not be deemed to have been given to Lender until actuafly receiveci by Lender. lf any notice required by this Security Instrument is also required under Applicable l.aw, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 1G. Governing Law; Severability; Kules oi' Construction. This Sccurity Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained ia� this Security lnstrument are subject to any requirements and lirnitations of ApplScable 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 constnied as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicahle Law, such con�lict shall not affect other provisions of this Security Instrument or the Note which can bc given efFect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mcan and include corresponding neuter words or words of the feminine gender; (b) words in thc singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower sl�al] be given one copy of the Note and of this 5ecurity Instrument. 18. '1'ransfer of the Property or a Beneficial Interest in Borrnwer. As used in this Section 18, "Interest in the ['roperty" means any legal or benet�icial interest in the Property, including, but not limited to, those bene�cial interests transFerred in a bond for deed, contract for deed, installment sales contract or escrow agrecmcnt, the intent of which is thc transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Inlerest in the Property is sold or transferred (or if Borrower is not a natural person and a bene�cial intcrest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate paymenl in full of al] surtts secured by this Security Instrument. However, this option shall not be cxercised by Lender if such exercise is prohibited by Applicable Law. If Lea7der exercises this option, Lender shall give Borrower notice of acceleration. The notice shall pr��vide a period of not less than 30 days fronl the date the notice is given in accordancc with Section 15 within which Borrower must pay all sums secured by this Security lnstrument. If Borrower f'ails ro pay thcsc sums prior to thc expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower, 19. Borrower's Kight to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Securiry Instrument discontinued �rt az�y time prior to the earliest of: (a) five days before sale of' the Property pursuant to any power of sale contained in this Security lnstrument; (b) such other period as Applicable Law might speci('y for the termia�ation of Borrower's right to reinstate; or (c) entry of a judgmcnt enforcing this Security Instrument. 7'hose conditions are that Borrawer: (a) pays Lender all sums which then would be due under this Security Instrument and tl�e 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 Instrument, including but no� Iimited to, reasonablc attorncys' fees, property inspection and valuation fees, and other f'ees incurrcd for the purpose of protecting Lender's interest in the PropeRy and rights under this Security lnstrument; and (d) takes such action as Lender may reasonably require to assure Chat I,ender'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 more of' the f'ollowing 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, instrumentality or entity; or (d) �lectronic Funds Transfer. Upon reinstatement by Borrowcr, this Security Instrurnent and obligatioras secured hereby NEBHASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ��' �-6(NE) 108711 Page 11 of 15 Initi s: � Form 3028 7/07 m . � � r ;7, ' r� � ;