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201104011 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 anothar address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender unril actually received by Lender. If any notice required by this Security Instivment 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 federal law and tl�e Iaw of the junisdiction in which the Property is located. All rights and obligations contavned in this Security Insmzment are subject to any requireinents and limitations of Applicable Law. Applicable Law might expli.citly 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 clausa of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Securiry Instrument or the Note wluch can be given efFect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gettder shall mean and include corresponding neuter words or words of the feminine gettder; (b) words in the singular shall 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 Copy. Bonower shall be given one copy of the Note and of this Securiry Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means 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 agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. Tf all or a.ny part of the Property or any Interest in the Property is sold or transferrad (or if Borrower is not a natural person and a beneficial interest in Bonower 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 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 accaleration. The notice sha11 provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 witlxin which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrunnent without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcemettt 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 conditious ara tlxat Borrower: (a) pays Lender a11 sums which then would be due under this Security Insirument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or ageements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuatzon fees, and other fees incurred for the purpose of protecting Lendez` s interest in the Pmperty and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest 'vn 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 Bonrower pay such reinstatement sums and expenses in one or more of the £ollowing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank cheek, 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 Transfar. Upon reinstatement by Bonrower, this Security Instrument and obligations secured hereby 231108 NEBRASKA - Single Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT �-6(NE) (0811) Page 11 af 15 Initials: 4 '� FOITII 3028 1I01 �