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20��07507 designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designatefl norice 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 norice to Bonower. Any notice in conn�tion with this Securiry Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any norice requirefl by this Security Instrument is also required under Applicable I.aw, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Lew; Severability; Rules of Construction. This Security Instrument shall be govemed by fe�eral law and the law of the jurisdiction in which the Properiy is locate�. All rights and obligations contained in this Security Instrument are subj�t 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 agre,ement 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 wluch can be given eff�t without the conflicting provision. As used in this Security Instivment: (a) words of the masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singvlaz 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. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficlal Interest in Borrower. As used in this Secrion 18, "Interest in the Progerty" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transfened in a bond for deed, contract for deed, installment sales contract or escrow agr�ment, 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, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by I.ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Bonower 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 Bonower must pay all sums secured by this Se�urity Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permittefl by this Security Instrument without fiuu tkher notice or demand on Bonower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower m�ts certain conditions, Bonower 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 S�uriry Instrument; (b) such other period as Applicable Law might specify for the termination of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze 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 incurred in enforcing this Security Insmiment, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting I,ender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP Q Wolters Kluwer Financial Services Form 3028 1 /01 VMP8INE) (1106) Page 12 of 17