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201108944 designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender specifies 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 mailing it by first class mail to Lender's address stated herein unless Lender has designat� another address by notice to Borrower. Any notice in conn�tion with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Se,curity Instrument is also required under Applicable Law, the Applicable Law requirement will sarisfy the conesponding requirement under this S�urity Instrument. 16. Goveming Law; Severability; Rules of Construcfion. This Security Insmiment shall be governed by f�eral law and the law of the jurisdiction in which the Progerty is located. All rights and obligations containe� in this Security Instrument 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 shatl not be construed as a prohibirion against agreement by contract. In the event that any provision or clause of this Security Instrument or ttie Note conflicts with Applicable Law, such conflict shall not affect otfier provisions of this Security Instrument or the l�ote which can be given effect without the conftictiIIg provision. As used 'm this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or worcis of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discrerion without any obligation to take any action. 47. Borrovaer's Copy. Barrower shall be given one copy of the Note and of this Secvrity Instrument. 18. Trans�er af the F*roperty or a Beneficial Interest in Borrower. As used in this Secrion 18, "Interest in the Frogerty" meaas any Iegal or beneficial inter�t in the Property, including, but not limited to, those beneficiai inter�ts transferred in a bond for deed, contract for deed, ��a1im�►t sales contract or escrow agreement, the intent of which is the transfer of ritIe by Borrower at a future date to a gurchaser. If all or �ny part of the Property or any Interest in the Properiy is sold or transferred (or if Bonower is not a na.tural 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 option shall net be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender e�ercises ttiis oprion, Lender shall give Borrower notice of accelerarion. The notice shall provide a period of not less than 30 days from tfie date the notice is given in accordance with Section 15 within which Borrower must pay aIl 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 Instnunent without further notice or demand on Borrower. T9. Borrower's Right to Reinstate After Acceleration. If Bonower me,ets certain condirions, 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 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 all sums which then would be due under this Security Insmiment and the Note as if no accelerarion had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing ttus Se,curity 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-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6INE) �7105) Walters Kluwer Financial Services Page 12 of 17 . „ �* ! � �� 'k