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20110935� designated a subsritute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower 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 norice 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 Borrower. Any notice in connecrion 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 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 govemed by federallaw and the law of the jurisdiction in which the Property is locatefl. All rights and obligations contained 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 shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Securiry Insmtment 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 confticting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; ancD (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer o�E the Property or a Bee�eficiai Interest in Borrower. As used in this Se,crion 18, "Interest in the Properly" mean.c aay Iegal or beneftci.al interest in the Properly, including, but not limited to, those beneficiat interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, ttce intent of wluch is the transfer of title by Borrower at a future date to a purchaser. If all or azry part of the Propsrty or any Interest in the Property is sold or transferred (or if Borrower 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 shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If I�nder exercises this oprion, Lender shall give Borrower notice of acceleration. The norice shall provide a period of not less than 30 days from the date the norice is given in accordance with Secrion 15 within which Borrower must pay all sums s�ured by this Se,curity Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies germitted by this Security Insmiment without further notice or demand on Bonower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower me,ets 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 5ecurity Instniment; (b) such other period as Applicable Law might specify for the terminarion of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those condirions are that Borrower: (a) pays Lender all 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 Se,curity Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valua.rion fces, and other fees incurred for the purpose of protecting Lender's interest NEBRASBCA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (1105) Wolters Kluwer Financtal Services Page 12 af 17