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241100234 There may be only one designated natice address under this Security Instrument at any one time. Any notice to Lender shall be �iven by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by nvtice to Borrower. Any notice in connection with this Security instrument shall not be deemed to have been given to Lender unCil actually received by Lender. If any notice required by this Security lnstrument is also required under Applicable Law, the Applicable Law requirernent will satisfy the corresponding requirement under this 5ecurity Instrumeni. lb. 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 obligations contained in this 5ecurity Instrument are subject to any requirements and lunitations 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 against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note epnflicts with Applicable Law, such conflict shal] 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 Instrurnent: (a) words of the rnasculine gender sha11 rnean and include corresponding neuter words or words of the fem.inine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion withaut any obligation to take any action. 17. Sorrower'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 Sorrower. As used in this Section l8, "Interest in the Property" means any legal or bene�cia] interest in the Property, including, but not lnnited 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 Horrnwer at a future date to a purchaser. Tf all or any part of the Property or any lnterest in the Property is sold or transferred (or if Eorrower is not a natural person and a beneficial interest in F3orrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all suma s�cured by this Security Instrument. However, this option shal] not be exercised by Lender if such exercise is prohibited by Applicable Law. Tf Lender exercises this option, Lender sha11 give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accardance with Section 1 S within which Borrower must pay all sums secured by this Security Instniment. If Sarrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrurnent without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonrow�r meets certain conditions, T3onrower shall have the right to have en.forcement of this Security Instrurnent discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other periad as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender a11 sums which then would be due under this Security Inshument and the Note as if no acceleration had accurred; (b) cures any default of any other covenants or a�reements; (c) pays all e�cpenses incurred in enforcing this Security Instruznent, 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 Property and rights under this Security Instrument, and Sorrower's obligatian to pay the sums secured by this Security Insts shall continue unchanged. Lender may require that Barrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) rnoney order; (c) certified check, bank check, treasurcr's check or cashier's check, provided any such check is drawn upon an instiiution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstaternent by Borrower, this Security Instxument and obligations secured hereby 231041 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-G(NE) (0811) Page 11 Of 15 Initials: � � Form 3028 1101 m