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201108219 designated a substitute notice address by notice to L,ender. Borrower 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 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 norice to Bonower. Any notice in connection with tYus Security Instrument shall not be deemed to have been given to Lender until actuaily received by Lender. If any notice required by this Security Instrument is also requirefl under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by fefleral law and the law of the jurisdicrion in which the Property is located. All rights and obligations contained in tlus Security 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 construetl as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instivment or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instivment or the Note which can be given effe,ct without the conflicting provision. As used in this S�urity 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 and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any acrion. 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 Beneficial Interest in Borrower. As used in this S�tion 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 agr�ment, the intent of which is the transfer of title by �rrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfene� (or if Bonower 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 Insmiment. 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 Bonower norice of acceleration. The notice shall provide a period of not less than 30 days from the date the norice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instnunent without further notice or demand on Bonower. 19. Borrower's Right to Reinstate After Accelerafion. If Bonower mcets 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 ttus Security 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 condirions aze that Bonower: (a) pays Lender all sums which then would be due under this Security Instnunent 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 5ecurity Instrument, including, but not limited to, reasonable attomeys' fees, property inspecrion and valuation fees, and other f�s incurred for the purpose of prote,cting Lender's interest NEBRASKA-Si�le Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3026 1/01 VMP � VMPB(NE) (110b) Wolters Kluwer Flnancial Servicea Page 12 of 17 � . � ' , d � ��