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�o��o��s� There may be only one designated notice address under this Se,curity Instrument at any one time. Any notice to Lender sball 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 Secutity Instrument 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 requ'vred under Applicable Law, the Applicable Law requirement will sarisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by fedetal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Secutity Instrument aze 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 against agreement by contract. In the event that any provision or clause of this Security Instcument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instniment or the Note which can be given effect without the conflicYing provision. As used in this Security Inshument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligarion to take any action. 17. Borrower's Cogy. Bonower shall be given one copy of the Note and of this Security Insh�ument. 18. Transfer of the Property or a Benercial Interest in Borrower. As used in this Secrion 18, "Interest in the Properly" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests ttansferted in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Bonower at a fuhue date to a purchaser. If all or any patt of the Property or any Interest in the Property is sold or transfetted (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 Inslrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower notice of acceleration. The norice shall provide a period of not less than 30 days &om the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secuted by this Security Insttument. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this 5ecurity Inslrument without further notice or demand on Boaower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument 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 Bortower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bortower: (a) pays Lender all sums which then would be due under this 5ecurity Instnunent and the Note as if no acceleration had occutred; (b) cutes any default of any other covena.nts or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuarion fees, and other fees incuned for the purpose of protecting Lender's interest in the Properly and rights under this Security Instrument; and (d) takes such acrion 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) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is dtawn upon an institution whose deposits aze insured by a federal agency, instrumentality or enrity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA- Single Famity - FannieMae/Freddle AAac UNIFORM INSTRUMENT �${NE� (0811) Page 11 of 15 Initials: F0�117 3�28 1/01