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20110945� <br />There may be only one designated notice address under this Se�urity Instrument at any one time. Any <br />notice to I.ende2 shall be given by delive�ing it or by mailing it by first class mail to Lender' s ad� <br />stated he�ein unless Lender has designatad another ad&ess by notice to Borrower. Any notice in <br />c�nne�tion witli this Se�urity Inslrument shall not be deemed to have been given to Lender until actually <br />r�eivefl by Lenele�°. If any notice re�uired by this Security Instrument is also re�uired under Applic�able <br />I.aw, tha Applic�bla Law requirement will satisfy the coaesponding requirement under this Sactuity <br />Instrument. <br />16. Govera�ng Law; Severabiliity; Rnles of Constrnciion This Security Instrument shall be <br />governed lry federal law and the law of tha jurisdiction in which the Propert�r is located. All rights and <br />obligations containeri in this Se�urity Instrument are subjer.t to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parti� to agr� by c�nhact or it <br />might be silent, but such sil�c� shall not be c�nstru�l as a prolubition against agreennent by contract. In <br />tha event that aay provision or clause of this Security Instcument or the Note conflicts with Applicable <br />Law, such conflict shall not a�ffed other provisions of this Security Inst�ment or the Note which c�n be <br />gfven effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine g�der shall mean and include <br />cosesponding ne�uter words or words of the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any a.c�ion. <br />17. Borrowero s Copy. Borrower shall ba given one copy of the Note and of thia Security Insttument. <br />18. Transfer of the Property or a Bene5dal Interest in Borrower. As used in this Section 18, <br />°Interest in the Property" means any legal or beneficial interest in the Progerty, including, but not limited <br />to, those beneficial 'mtezests transferred in a bond for deed, contract for deed, installment sales c�nh�act or <br />escrow agr�t, the intent of which is the t�rransfer of title by Borrower at a future date to a purchaser. <br />If all ar any part of tha Properiy or any Interest in the Properiy is sold or transferrad (or if Brnrowea <br />is not a aatural person �d a beneficial interest in Boarower is aold or traz�sfarrefl) without Lender' s prior <br />written cansent I.�nder may require immediate payment in full of all sums secured by this Secvrity <br />Instrumen� How�ver, this option shall not ba exercised by Lender if such exercise is prolu'bited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Boaower notice of acceleration. The notice shall <br />provide a period of not less thaa 30 days from the date the notice is given in acxordance with Section 15 <br />withan which Bornower must pay all sums s�ured by this Se�urity Inshumen� If Borrower fails to PaY <br />these sums prior to the �piration of this period, Lender may invoke any remadies per�nitted by this <br />S�urity Instcument without further notice or demand on Boaower. <br />19. Borrower's Right to Re�lnstate After Acceleration If Borrower meets certain canditions, <br />Borrower shall h�ve the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of (a) fiva da.ys befare sale of th� Properiy pursuant to any power of sale contain� in <br />this Se�urity Instrumeat; (b) such other period as Applicable Law might specify for the 4�mination of <br />Borrower' s right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Borrower: (a) pays Lende� all sums wlrich then would be due under this Sacimty <br />Instrument and the Note as if no acceleration had occurred; (b) cures any defautt of any other covenants or <br />����; ��� PaYs &ll q[p�.4eS ll1CUff� lII �fOIC1IIg �I118 SeCUrity Tnetnl�ent 111Ci11(�lrig but not limited <br />to, reasonable attorneys' fee.s, property inspection and valuation fe,es, and other fees incuYrerl for the <br />Purpose of grote�:ting Leuder' s interest in the Prope,r�y and rights under this Sacurity Ins�nt; az►d (c� <br />takes such action as Lender may reasonably requira to assure that Lender' s interest in the Property and <br />rights under this Se�urity Instrument, and Borrower' s obligation to pay the sums secured by this S�urity <br />Instrument, shall continue unchanged Lender may require that Borrower pay such reinsta.tement sums and <br />expenses in one or �aore of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified ch�k, b�k che�k, treasurer' s che�k or cashier' s chec k, provided any such che�k is ckawn upon <br />an institution whose deposits are insured by a fe�eral agency, inslrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Boaower, this Security Instrument and obligations secureri hereby <br />shall remain fully effe�tive as if no acxeleration had occurred. However, ttus right to reinstata shall not <br />apply in the case of �cceleration under Section 18. <br />2200200425 D V6Ai�: <br />NEBRASKA - Single Family - Fannle Mae/Froddie Mac UNIFORM INSTRUMENT WiTH MERS <br />�-6A(N� �oa�o� aeee �� ot �s inwe� � Farm 3028 1/01 <br />� „^ <br />V 1 <br />