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20110887i designated a substitute notice address by notice to Lender. Bonower sha11 promptly notify Lender of Bonower's change of address. If Lender sp�ifies a procedure for reporting Bonower's change of address, then Borrower 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 ma.iling 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 de,emed to have been given to L,�nder until actually received by Lender. If any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. 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 Insmiment 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 si�ence shall not be construed as a prohibirion against agreement 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 wtuch can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of Che masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singulaz sha11 mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Barrower's Copy. Barrower shall be given one copy of the Note and of this Security Instrument. 18. Transf�r of the Property or a Beneficiat Interest in Borrower. As used in this Secrion 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those heneficia� interests transferred in a bond for deed, contract for deed, in. act tt _m�,t sales contract or escrow agreement, the intent of which is the transfer of ritle by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Properiy is sold or transferred (or if Bonower 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 sha11 not be exercised by Lender if such exercise is prohibit� by Applicable Law. If Lender exercises this oprion, Lender shall give Bonower notice of acceleration. The norice shall provide a period of not less than 30 days from the date the notice is given in accordance with Se,crion 15 within which Borrower must pay all sums se,cured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies pemutted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Borrower 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 Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: (a) pays Lender atl 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 S�urity Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Sfngle Family-Fannie Mae/freddie Mac UNIFORM INSTRUMENT VMP p Wolters Kluwer Financial Services Form 3028 1/01 VMP6(NE) (1105) Page 12 of 17 'R ,