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201009828 There may be only one designated notice address under this Securiry Instnunent at any one tirne. Any n.otice ta Lender shall be given by delivering it or by mailing it by first class maii ta Lender's address stated herein unless Lender has designated another addaress by notice to Borrower. Any notice i.n connection with this Se�urity Instrument shall not be deemed to have been given to I..ender until actually received by Lender. If any notic.e required by thia Security Instrumsnt is also required under Applicable Law, the Applicable I.aw requirement will satisfy the correspond'vag requirement under this Security Instrument. 16. Governing Law; Severability; RWes of Conslruction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. Ail rights and obligations contained in this Security Instnunent are subject to any requirernents and limitatinns of Applicable Law. Applicable L,aw might explicitly or implicitly allow the parties Co agree by contract or it rnight be silent, but such silence sha11 not be construed as a prolubition agai.nst agreement by contract. In the event that any provision pr clause af this 5ecurity Tnstnyment or the Note conflicts with Applicable Law, such conflict shall not affect other pmvisions of this Security Instnunent �r the Note which can be given effecC vvithout the conflicting provision. As used in tlus Security Instrucnent: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the femuune gender; (b) 'words in, the singular shall mean and include the plural and vice versa; and (c} the vvord "rnay" gives sole discretian without any obligation to take any action. 17. Borrawer's Copy. Borrower shall be given one copy of the Note and of this 5ecurity Instrument. 18. Transfer of the Property or a Beueficial Iuterest in Burrower. As ase� in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, i�ncluding, but not limited to, those beneficial interests transferred in a bond for deed, cantract for de.ed, installment sales contract or escrow agreement, the intent of whiah is the transfer of title by �orcawer at a fuiure date to a purchaser. If all or any part oF the ProperCy or any Interest in the Prap�rty is sold or transferrai (or if Borrower is not a natura] person atxd a bene�icial interest in Bonower is sold or transferred) withaut L.ender's prior written consent, Lender may require immediate payment in full vf all sums secwred by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. Tf Lender exez�cises Chis optian, Lender shall give Horcower notice of acceleration. The natice shall provide a period of not less than 30 days fram the date the notice is given i.n accordance with Se�ction 15 witl�in which Bonower must pay all sums secured by this Security Instrument. If Banower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instnirnent without further notice or demand on &�rrawer. 19. Borrower's Right to Rei�a.state A,fter Acceleration. If Borrowe�r meets certain conditions, Borrower shall have the right to have enfarcernent of this Security Instrument discontinued at any time prior tv the earliest of: (a) five days before sale of the Property pursuant to any power af sale contained in this Security Instnunent; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this 5ecurity Insmiment. Those conditions ar� that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no accelecation had occurred; (b) cures any deFault of any other covenants ar agreements; (c) pays all expenses incurre� in enforcing this Security Instniment, including, but not linaited to, reasanable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Properry and rights under this 5ecurity Instnunent; and (d) takes such action as Lender may reasonably require to assure that I..ender's interest in the Praperty and rights undex this Security Instr�unent, 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 following forms, as sele�ted by l..ender: (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 ar entity; or (d) Electroruc Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligatians secured hereby NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTFiUMENT �-BINE) lositi Pape 11 of 15 mivais: Form 3028 1(07