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241�09330 There nnay be or►ly one designated natice address undex this Security Instrument at any one time. Any natice to Lender shall be given by delivering it or by rnailing it by �rst 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 L.ender until actually received by Lender. If any notice required by this 5ecurity Tnstrument is also required under Applicable Law, the Applicable Law requirement w�rr satisfy the corresponding requireznent under this Security Tnstrument. lb. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by feiieral law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject ta any requirements and lirnitations of Applicable I,aw. Applicable I.aw 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 cantract. In the event that any provision or clause of this Security Instntment or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this S�urity Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Tnstrument: (a) words of the m,ascWine gender sha11 mean and include conesponding neuter words or wards of the ferninine gender; (b) words in the singular shall ��n 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. Barrower shall be given one copy of the Note and af this Security Instrument. 1$. Transfer af the Pro�rty or a Bene�cial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial 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 agreement, the intent of which is the transfer of 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 ox transfer.red (or if Borrawer is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, L.ender may require immediate payment 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 L.ender exercises this option, Ler►der shall give Borrower notice of acceleration. The notir.e shall provide a period of not less than 30 days from the date the notice is given in accordance with Section l5 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender rnay invoke any rem�dies pernutted by this Security Instrurnent without further notice or demand on Borrower. 19. Borrawer's R.�ght to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrurnent discontinued at any time prior to the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale cantained in this Security Instrument; (b) such other period as Applicable Law might specify for the ternunatian of Barrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instnunent. Those conditions are that Borrot�ver: (a) pays I.ender all sums which then would be due under tl�is Security Instnunent and che Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreennents; (c) pays a11 expenses incurred in enforcing this Security Instrument, including, but not lirnited to, reasanable attorneys' fees, property inspection and valuatian fees, and other fees incurred for the puzpose of protecting Lender's interest in the Praperty and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that I.ender's interest in the Property and rights under this Security Instrurnent, and Borrower's obligation to pay the surns secured by this Security Instrument, sha11 continue unchanged. I,ender may require that Borrower pay such reinstatement swns and expenses in ane or more 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 drawn upan an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) �lectranic Punds Transfer. Upon reinstatetnent by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Single Fsmily - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-E�NE) loa��l page 11 of 75 i��t�aig: Form 3028 1/09 � Sje c �. tR i ia �'•-' ,�� ' ,M ' V