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20110305� There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address 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 heen given to Lender until actually received by Lender. If any notice required by this S�urity Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by ferleral law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instivment are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implieitly allow the parties to agree by contract or it might be silent, but such silence shall not be constnzed as a prohibition against agreement 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 usefl in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean attd include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this S�urity Instnunent. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" mea.ns any legal or beneficial interest in the Property, including, but not limited to, those beneficial intezests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of ritle 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 transfened (or if Bonower 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 fu11 of all suxns secured by this S�vriry Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable La.w. 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 tha date the notice is given in accordance with S�tion 15 within which Borrower must pay all sums securefl by this Security Instnunent. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any reme�iies permitted by this S�urity Instntment without further norice or demand on Bonower. 19. Borrower's Right to Reibstate After Acceleration. If Borrower meets certain conditions, Bonower shall have the right to have enforcement of this S�urity Instivment discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contain� in this Security Inserument; (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 t�is �urity Instrument. 'Those coudirions 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 incurre�i in enforcing this Security Insmiment, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fces incurred for the purpose of protecting Lender's interest in the Properiy 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 Bonower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Bonower pay such reinstatement sums and expenses in one or more of the following fornos, as selected by Lender: (a) cash; (6) money order; {c) certified check, bank ch�k, treasurer's c�eck or cashier's check, provided any such che�k is drawn upon an institurion whose degosits are insured by a federal agency, instrumentality or entity; or (d) El�tronic Funds Transfer. Upon reinstatement by Borrower, this Security Inst�ument and obligarions secured hereby NEBRASICA - Single Family - Fannie Mae/Freddie Mac UNIPORM 111tSTRUMENT �-61NE) tosavi page 17 of 15 ��nais: Form 3028 1/07 � � �J'7 �` �