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20110806i designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designated norice address under this Security Instnunent at any one time. Any notice to Lender shall he 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 d�med to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instnunent. 16. Governing Law; Severability; Rules of Construction. This Security Insm�ment shall be govemed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations containe� in this Securiry Instrument aze subject to any requirements and limitations of Applicable I.aw. Applicable Law might explicitly or implicitly allow the parties to agr� by contract or it might be silent, but such silence shall not be construed as a prohibirion against agreement by contract. In the event that any provision or clause of this Securiry 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 used in this Securiry Instrument: (a) words of the masculine gender shall mean and include conesgonding 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 obligation to take any action. 17. Borrower's Copy. Bonower shall be given one copy of the Note and of this Security 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 Progerty, including, but not limited to, those beneficial interests transfened 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 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 Borrower is not a natural person and a beneficial interest in Borrower is sold or transfened) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this oprion shall not be exercised by L,ender if such exercise is prohibited by Applicable I.aw. If Lender exercises this oprion, Lender shall give Bonower notice of accelerarion. The notice sha11 provide a period of not less than 30 days from the date the norice is given in accordance with Section 15 within which Bonower must pay all sums secured by this Se�urity Instivment. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by tlus S�urity Instrument without further notice or demand on Bonower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower m�ts certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the eatliest 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 sg�ify for the termination of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under tlus Security Instivment 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 tlus Security Instrument, including, but not limited to, reasonable attomeys' fees, properly inspection and valuation fees, and other fees incurred for the purpose of prot�ting Lender's interest NEBRASKA-Single Family-Fannle Mae/Freddia Mac UNIFORM INSTRUMENT VMP 0 Wolters Kluwer Flnanclal Services Form 3028 1/07 VMPB(NE) (1106) Page 12 of 17