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2oi�os�g9 4siiioT9a 16. Governing Law; Severability; Rules of Constr�uction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrurnent are 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 Instrument or the Note conflicts with Applicable Law, such con�Tict shalI not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masctzline gender shall mean and include corresponding neutex words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the worc� "may" gives sole discretion without any obligation to take any action. 17. $orrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Bene�cial Tnterest 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, instailment sales contract or escrow agreement, 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 soId or transferred (or if Borrower is not a natural person and a beneficiat interest in Bonower is sotd or transferred) without Lender's prior written consent, Lender may require immediate payment in ful! 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 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 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 Insh without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shali have the right to have enforcement of this Security Insmzment 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 Yhis Security Instrument; (b} such othar period as Applicable Law might specify for the terminarion of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that $orrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b} eures any defau[t of any other covenants or agreements; (c) pays alI expenses incurred in enforcing this Security Instrument, including, but not timited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the puxpose of protecting Lender's interest in the Property and rights under this Security Instrurnent; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower`s obiigation to pay the sums secured by this Security Instrument, shatl 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 drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obtigations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to NEBRASKA--Singte Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � 338.5 Page i l of 14 Form 30281/Ol i , ��