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f►•II)[IIIZIIL•jl Th�re may be only one designated noticc address under this Security Ins�t at any one rime. Any notice to L,ender staall be given by deliv�ring it or by rnailing it by first class mail to Lender's address stated herein unl�ss I.ender has designated anwther address by ziotice to Borrower. Any noCice in conn�etion with this Se�urity Instrument shall not be deemed to have been given to Lender until actuatly received by I,ender. If any nptice required by this Security Instrument is also x�equired under Applicable Law, the Applicable X.aw requirement will satisfy the corresponding requiremcnt under this Security Instrutnem�t. 16. Governing Law; Sev�a6ility; Rules of Construction. This Security Instn�,u�ent shall be g�ve:rned by federal law and the law of the jurisdiction in vc+hich the Pro�rty is locatefl. All rights and obligations contained in this Sacurity Instnunent are subje�t W any requireiments and linnitations of Applicable Law, Applicable Law rnight explicitly or implicitly a11ow the parti@s to agrec by contract or it miglaC be silent, but such silenc� sh,all not be canstrued as a probibition agaix�st agr�nnent by contract. In the event that any provision or clause of this Security Instna�metit or the Note contlicts vc+ith Applicable La'w, such conflict shall not afft�t oCher provisions of ttus Security Instrument or the Note which can be given effect without the conflicting provisipn. As used in this Security Instr4ur�ent: (a) words of the masc��line ge�nder shall �nean� and include co�Yxling neuter wards or words of the feminin►e Sender; (b) words in the singular ahall mean and include the plural and vice versa; and (c) the word "may" gives solc discretion without any abligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note aud nf this Security Inscrument. 18. T�ansfer of the Property or a Be�aefidal Inte�t in Borrawcr. As used in this Section 18, "Interest in the Property" �s any legal or beneffcial intex�t in th� Property, ivacluding, but not limited to, those benefxcial interests vansferred itn a bond for deed, contract fpr deed, installinent sales �ntract or escrow ag t, the intent of whic.h is the transfer of tide by Borrower aC a firture datc ta a purchaser. If all a�ny part of the Property or any Interest in the Properiy is sold or transferred (or if Borrower is noC a natural person and a heneficial i�ntere�t in Borrower is sold or transferred) without L,ender's prior written consent, Lender xnay �uire imnnediate panr�ent in fiill of all sums secured by this Se�urity Instrument. However, triis optian shall not be excrcised by Lender if such exerciso is prohibited by Applicable Law. If Lend�r cxercises this option, Lender shall give Borrower noticc of acceleration. The notice shall prnvido a period of nat less thaia 30 days froxn the datc thc notice is givcn in accardance with SeGtion 15 within which Borrow�r must pay all sums �ecured by this Security lnstrument. If Borrower fails to pay these suxns prior Co the expiration of this period, Lender may invoke any reme�ies permiCted by this Security I�t without further notice or demand on Borrower, 19. Sorrower's Right to Rein�tate After Arceleratlon. If Hornower m�t� certain conditaons, Borrower shall have thc right to have �forcement of this 5ecurity ]nstnunent discanpuaued at any tir� prior to the earliest of: (a) five days befare aale of the Pmperry pursuant to any power of sale contained in this Security Iqstrument; (b) such other period as Applicable Law might spocify for the termination of Borrowcr's right W xeinstate; or (c) �try af a judgment enforcang this Security Instrunaent. Those aondidons are that Borrowar: (a) pays L.ender all sums which thea would be due under this Security Instrument and the Note as if no acceleration had oocurred; (b) c:ures any default of any other covenants or agrecrments; (c) pays all expex�es incurned 'vn enfo�+cing this Security Instnu�nt, ir�ltrding, but �ot limited to, reasonable attorneys' fees, ProP�Y �t�on and valuarian fees, and nther fees incur�ed for the Purpose of protecting L,e�der's int�rest in the Property and rights und�r this Security Instrumeant; and (d) cal�es sucn action as l.en�r may raasonably require to ass�ue that I.eaaer's inte�c�est in che aPrapercy and rights tttxder this Security Instnunent, anxi Borrow�'s obligation to pay thc sums � by this Securiry Instrurnez�t, shall conturue wachange�. I.ender may require tl�at Borrower pay suc� neinstatemcnt sums and expenses in o� ar more af che following forms, as selected by I.ender: (a) caah: (b) mon,e3' order; (c) certi�ied chec,k, banlc check�, treasurex'a check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured hy a federal ag�r, ip�trumentality or entity; or (d) Blectronic Punds Transfer. Upon reinstatc�nent by Horrower, this Security instrument and obligations secured hereby NEeRASKA - Single Family - FanNr Mau/Freddis M�c UNI�ORM IN$TRUMENT �-B�NE) �oettl �a+t vf �b I�niai.: Fnrm �p�8 1/01