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2�10�97i� 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 or by mailing it by �rst class mail to L.ender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Tnstrument shall not be deemed to have been given to Z.ender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requixement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrurnent shall be governed by federal law and the 1aw of the jurisdiction in which the Property is located. All rights and obligatians contained in this Security Instrument are subject to any requirernents and limitations of Applicable I�aw. 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 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 Security Instrument: (a) words of the rnasculine gender shall rnean and include carresponding neuter words or words of the ferninine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "rnay" gives sole discretion without any obligation ta take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property 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 transfened in a bond for deed, contract for deed, installrnent sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. Tf all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a bene�icial interest in Borrower is sold or transferred) without L.ender's prior w�ritten consent, Lender may require irnmediate 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, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days frorn the date the notice is given in accordance with Section 15 within which Borrower must pay all surns secured by this Security Instrument. If Barrower fails to pay these sums prior to the expiration of this period, l.,ender may invoke any remedies permitted by this Security Instrument without further natice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right ta have enforcement of this Security Instrument discontinued at any time prior to the eazliest of: (a) �ve days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law rnight specify for the termination of Borrower's right ta reinstate; or (c) entry of a judgment enforcing this Security Instrurnent. Those conditions are that Borrow�r: (a) pays Lender all surns which then would be due under this Security Instrument and the Nate as if no acceleration had occurred; (b) cures any default af any other covenants or agreements; (c) pays a11 expenses incurred in enforcing this Security Instrument, including, but not limited ta, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting I.ender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Tnstrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) rnoney order; (c) certi�ed check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institutian whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic �unds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) 1o81t) Page 11 Of 15 Initials; /pM �� Farm 3028 1/Q7 E � y s .