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2Q��Q92�7 designated a substitute notice address by notice to Lender. Borrower shall promptly notify I.ender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower'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 designated another address by notice to Bonower. Any notice in connection with this Se,curity Instrument shall not be deemed to have b�n given to Lender until actually received by Lender. If any notice required by this Security Instruinent 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 sha11 be govemed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Se,curity Instrument are subject to any requirements and limitations of Applicable Law. Applicable I.aw might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence sha11 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 which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender sha11 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) tlae word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. �rrower sliall be given one copy of tlie Note and of this Se,curity Instrument. 't8. Transfer of the Property ar a Beneficial Interest in Borrov+rer. As used in this S�rion 18, "Interest in the Property" �rceans any Iegal or beneficial interest in the Property, including, but not limited to, those beneficiat interests transferr� i�x a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of wluch is the transfer of tide by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property 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 a1I sums secured by this Security Instrument. However, ttiis option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender shall give Borrower norice of acceleration. The norice 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 a11 sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expirarion of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Accelerafion. If Bonower meets certain condirions, Bonower shall have the right to have enforcement of this S�urity 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 ternunation of Bonower's right to reinstate; or (c) entry of a judgment enforcing tlus Security Insmiment. Those condirions aze that Borrower: (a) pays Lender a11 sums which then would be due under this Security Instivment 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 Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspecrion and valuarion fe,es, and other fees incuned for the purpose of protecting Lender's interest NEBRASKA-Sfngle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 VMP � VMP6(NE) (1105) Wolters Kluwer Financial Services Page 12 of 17