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201�00�� There may be only ane designated natice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it ar by mailing it by first class mail to �,ender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connectian with this Security Instrurnent shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required undex Applicable Law, the Applicable Law requir�ment W�rr satisfy the correspanding reyuirement under this Security Instrument. �.6. Governing Law; SeverabiMity; Rules of Construction. This Security Instrurnent 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 Security Instrument are subject to any requirements and limitatians of Applicable Law. Applicable Law might explicitly or implicitly allaw the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by cantract. In the event that any pxovisioan or clause of this Security Instrument or the Nate conflicts with Applicable Law, such confl,ict shall not affect other provisions of this 5ecurity Instrument or the Note which can be given effect without the conflicting provisian. As used in this Security Instrument: (a) words of the masculine geander shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular sha11 mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Capy. Borrower shall be given ane capy 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 1$, "Interest in the Property" rneans any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreernent, the intent of which is the transfer of title by Borrower 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, L,ender may require immediate 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 Lender exercises this option, Lender shall 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 accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrawer fails to pay these sums prior to the expiration of this period, Lender may invoke any rernedies permitted by this Security Instrument without further notice or demand on $orrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower rneets certain canditions, Bprrawer sha11 have the right ta have enforcement of this Security Instcument 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 period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrurnent. 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 ather covenants or agreements; (c) pays all expenses incurred in enforcing this Security Tnstrument, including, but not litnited 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 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 selected by Lender: (a) cash; (b) �noney order; (c) certi�ed 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 or entity; or (d) Electronic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and abligations secured hereby NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT � �-6�NE) (oattl Page 11 of 15 �nitia�s: Orm 3028 1/01 � �,