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2oiioaosa There may be only one designated notice address under this Securiry Instrument at any one time. Any notice to Lender shall be �iven by delivering it or by mailing it by first class rnail to Lender's addr�ss 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 �iven to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirernent will satisfy the corresponding rec�uirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obli�;ations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. 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 a�ainst a�-eement by contract. In the event that any provision or clause of this Security Instrument 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 bf Y�IE rnasculine gender shall mean and include corresponding neuter words or words of the feminine �;ender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any ohligation to take any action. 17. Sorrower's Capy. Borrower shall be given one copy of the Note and of this Security Instrument. 1$. 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 Praperty, including, but not limited to, those beneficial 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 $orrower at a future date to a purchaser. if 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 beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this aption shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. 'The notice shall provide a period af not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Sorrower fails to pay these sums priar tn the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Bprrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, . Borrower shall have the right to have enforcernent of this Security Instrument discontinued at any time prior to the earliest 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 might specify for the termination of Sorrower's ri�;ht to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other 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 reasonably require to assure that Lender's interest in the Froperty and rights under this Security Instrument, 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 fallowing 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 upon an institution whose deposits ara insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this ri�ht to reinstate shall not apply in the case of acceleration under Section 18. 8800916903 8800916903 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFpRM INSTRLIMEN7 WI7H ER / ' j '� �-6A(NE��oaio> Page11 0115 initi . VFarm 3028 1/07 0