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2�110�627 specifies a procedure for reportin.a Borrower's change of address, then Bonrower shall only report a change af address through that specified procedure. There may be only one designat�. notice address under this Security Instrument at any one time, Any notice to Lender shall be given 6y delivering it or by mailing it by first class rnail to Lender's address stated herein unless Lender has designa�ed another address by notice to Borrower. Any notice in conrcection with this Secuziry Instrument shall not be deemed to have been given co Lender until actually received by Lender. If any notice required by this Security Instnunent is also requared under Applicable Law, trie Applicable I.aw requixement will sarisfy the corresponding requirement under this Security Insirument. 16. Governing Law; Severability; Rnles of Construction. Ttus Securiry Instrament shail be governed by federal law and the law of the jurisdiction in wlucYi the Property is loca.ted. All rights and obligations contained in this Se�arity Instrument are subject to a7zy rec�uirements and limitations of Applicable Law. Applicable I.aw might eJCplicitly or implicitly allow the parcies to agree by contract ar it might be sitent, but such silenee shall not be construed as a pxohibition against agreement by contract. In the event that any provision or clause of this Security Instirurnent or the Note confFicts with Appiicable I.aw, such conflict shall not af�ect other provisions of this Seeuriry Instnun�nt or the Note which can be given effect without the conflicring provision. As used in this Security Instrument: (a} words of the maseuline geuder shall mean and include c:ozresponding neuxer words or woxds of the fenunine gender; (6) words in the singular shall mean and include tbe pinral and vice versa; and (c) the wozd "may" gives sole discretion without any obligarion to take any actian. l.'1. Borrower's Copy. Borrawer shall be given ane copy of the Note and of #his Securiry Instrument. 18. Transfear of the Property or a�ene�cial Interest in Borrower. As used in this Section I8, "Tnterest in the Property" means any legat or beneficial interest in the Property, including, but not limited to, those beneficial urterests trarisferred in a bond for deed, coniract for deed, installxnent sales contract or escraw agreement, the intent of which is the uansfer of titIe by Bvrrower at a future date to a purchaser. If all or any pazt of the Property or any Interest in the Property is sold or transferced (or if Borrower is not a natural person and a beneficial interest in Bozxower is sold or transfezzed) without Lender's prior written consent, Lender may require immediate payment in full of all swms secured by this Security Tnstrument. However, this op�ion shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises tius optian, Lender s3zall give Borrower notice of acceleration. The notice shall provids a period of not less than 30 days from the date the norice is given in accordance with Section 1 S within whicb. Borrower musx pay alI sums seeurec� by this Sec;urity Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any xezz�edies permitted by this Securiry Instrum.ene without further notice or demand on Borrower. 19. Borrower's Right ta Reinstate After Acceleration. If Borrawer mcets certaiA cond'ztions, Barrower sl�all have the right to have enforcernent of this Secwity Unstrument discontinued at any time prior to the e�arliest af: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instniment; (b) such other period as Applicable Law might speczfy for the termu�ation of Borrower's zight to reinstate; or (c) entry of a judgmexzt enfoxcing this Security Tnstrument. Those conditions are that Borrower: (a) pays Lender a11 sums wiuch then would be due under this Security Instnxment and the Note as if no accelerarion had occnrred; (i�) cures any default of any other cavenants or agreements; (c) pays all expenses incurred in enforcing tl�is Security Instrument, including, but not ].iinit�l to, reasonable attozxaeys' fees, pzoperty inspection and val�ation fees, and other fee.s incurred for the �nrpase of protecring Lender's irnerest in the Properry and rights under this Security Insizlnnent; and (d} takes such action as Lender may reasonably zequare to assure that Lender's inYerest in the Praperty axr.d rigl�ts undez this Security Insuvment, and Borrower's obligation to pay the sums secured by this Securiry Instrument, sha11 continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more o':F the following forms, as seiected by Lender: (a} cash; (b) money ordar; (c} certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institutaon whose deposits are insured. by a federal agency, instrumen#ality or entity; or (d) Blectronic Funds Transfer. Upon reinstatement by Borro aver, this Se;curity Instnunent and ob�igations secured hereby shall remain £ully effective as if no acceleration had occurred. Hovvever, 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 Grie�vance. The Note or a partial interest in the Note (together with this Security Instrument) can he sold one er more times without prior norice to Borrower. A sale might result i,n a change in ihe entity (laaown as the "L.oan Sezvicez") that collects Peziodic �'ayments due undez tb.e Note and this Security Instnunent and performs other mortgage loan servicing abligations under the Note, ttris Security Instnunent, and Applicabie Lavv. There also miglat be ox�e ox no.ore changes of the I,oan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given wzitten notiee of the change which will state the name and address of the new Loan Servicer, the ad.dress to w�ich payments shouid be made and any otller inforrttation I2�SPA recZuires in conrsecrion with a norice of transfer of servicing. If the Note zs sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with tJ�e T oan Servieer or be transferred to a successor Loan Servicer and are not ass� by the Note purchaser unless otherwise pxovzded by the Note purchaser. Neither Borrower nor T.ender may commence, join, or be joined to any judicial actian (as either an in.dividual litigant or the member of a class) tha.t arises from the other pazry's actions pursuant ta this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Insmuneni, until such Bonower or Lender has notified the other parCy (with such notice given in compiiance with the requirements of Section 15) of such alleged breach and afforded t�te other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provxdes a time period which must eiapse befare cerCain action can be taken, that i�ne period wi11 be deemed to be reasonai�le for purposes of ttus paragraph. The notice of accsleration and opporhuaity to aure given to Borrower pursuant to Secdon 22 azzd tlze notice of acce.leration given ____ --- . __`i NEBRASKA—Single Family—Fannie MaelFreddie Mac UNI�ORM i1VSTRUMEKT - MERS pp�y$gk � Form 3o28 7/01 Page 8 of 11 www.docmagic.com Nr3028.mzd.�mil