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�o��oss�5 There may be only one designated notice address under this Security Instniment at any one dme. Any notice to Lender shall be given by delivering it or by mailing it by flrst class mail to Lender's address stated herein unless Lender has designated anofher address by notice to Borrower. Atry notice in connection with tl�is Ser.��rity Instn�naent shall not be deemed to t�ave been given to Lender until actually received by Lender. If Nry notice required by this Security Instriunent is also required imder Applicable Law, die Applicable Law requirement will satisfy the corresponding requirement imder this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This 5ecurity Instrument shall be gaverried by federal law a►►d the law of tlie jurisdictinn in wl►ich tlte Property is located. All riglits and obligations contained i�► d►is 5ecrrrity Ir►strrune�►t are s�rbject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it ir�ight be silent, brrt such silence shall not be co�►strued as a prohi�ition against agreement by contrar.t. In the event that any prnvision or clause of this Ser.urity Instn�ment or the Note conflicts with Applicable Law, sucli conflict sl►all not affect otl►er provisions of tliis 5ecurity Ir►st��ument or the Note which can be given effect wid�out the conflicting provision. As used iri diis Security Instrument: (a) worcls of d�e mascirline gender shall raean and incliide corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discreUon without any obligation to take any action. 17. Borrower's Copy. Borrower shall be give�► one copy of the Note and of this Security Instniment. 18. Transfer of the Property ox a Ben�cial Tnterest in Borrower. As used in llus Section 18, "Interest in the Property" means any legal or beneficial interest in the Prnperty, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installmeitt sales contract or escrow agreernent, the intent of which is the transfer of title hy Borrower at a fuh�re date to a purchaser. If all or any part of the Praperry or any Interest in the Property is sold or trarisferred {or if Borrower is not a natural person aud a beneficial interest in Borrnwer is s�ld or transferred) without Lender's prior written consent, Lender n►ay require inunediate payment in fiill of all sums secured by this Securiry Instrument. However, diis optlon shall not be exercised by Lender if such exercise is prohibited by Applicable Law. lf Lender exercises this oPtion, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from tlie date tlie notice is given i�► accordance with Section 15 within which Borr�wer must pay all sums secured by this Security Instn�nient. If Borrower fails to pay d�ese sums prinr to die expiration of lhis period, Lender may invake any remedies pennitted by this Security Instrn[nent widiout firrdier ►►otice or de�iia�►d on Borrower. 19. Horrower's Right to Reinstate After Acceleration. If Borrower meets certain ca�xditions, Borrower shall have the right to have enforcement of this 5ecurity Instrument discontinued at any titrie prior to qie earliest of: (a) Fve days before sale of the Property pnrsuant to aay power of sale contained in this Security Instn�ment; (b) such other period as Applicable Law �uight specify for the termination of Borrower's right to reinstate; nr (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due i�nder this Security Iristrument and tl►e Note as if no acceleration had occiUred; {b) cures any defarilt of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, 6ut not limited to, reasonable attorneys' fees, property insper.tinn and valuation fees, and oWer fees incurred for the purpose oF protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonahly require tn assure that Lender's i�►terest in the Praperty and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Ser.urity Iristrument, shall continue imchanged. Lender may require that Borrower pay sucli reinstatement sums and expenses in one or more of the following 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 upnn an instih�tion whose deposits are insured by a federal agency, instn►mentality or entity; nr (d) Electronic Funds Transfer. LJpon reinstatement by Borrower, this 5ecurity Instrument and obligations secured hereby shall remain fiilly effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration irnder Section 18. 001122308972 [001122308972] N RASKA - 5ingie Famiiy - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH�,�qAF,RS� � BA(N� �os�o� Page 19 oi 15 Initisls: � Form 3028 1/01