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201109850
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Last modified
1/5/2012 9:49:39 AM
Creation date
12/29/2011 8:46:09 AM
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DEEDS
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201109850
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����Q���a <br />There may be only one designate� notice address under this Se�urity Instrument at any one time. Any <br />notice to Lender sha11 be given by delivering it or by mailing it by first class mail to Lmder' s address <br />stated herein unless Lender has de4ignated another address by notice to Borrower. Any notice in <br />connection with this Se�urity Instcvment sl�all not be deemeri to have b�n given to I.ender unt�l actually <br />rec;eived by Lender. If any notice require� by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Secarity <br />Instrument. <br />16. Governing Law; Severability; Rnles of Constraction This Security Ins�rmment s�all be <br />governed by federal law and the law of the jurisdiction in wlrich the Property is located. All rights and <br />obligations containad in this Se�urity Instrument are subje�t to any re�uirements and limitations of <br />Applic�ble Law. Applicable Law might explicitly or implicitly allow the parties to agr� by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Se�urity Instrument or the Note conflicts with Applicable <br />Iaw, such conflict sha11 not affect other provisions of this Security Instrument or the Note wluch can be <br />given effect without the conflicting provision. <br />Ag uS� 1� �ljg $e�ity Tn.atnrmen ;(a) words of the masculine gender shall mean and include <br />corresponding neuter words ar wards 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 with4ut any obligation to <br />take any aation. <br />17. Borrower` s Copy. Bonower shall be given one c;opy of the Note and of this Se�urity I�stnnment. <br />18. Transfer of the Property or a Bene5cial Interest in Borrower. As used in this Section 18, <br />"Interest in the Properiy" means any legal or beneficial interest in the Properiy, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Bonower at a future date to a purchaser. <br />If a11 or any part of the Properiy or any Interest in the Progerty is sold or transfened (or if Boaower <br />is not a natural person and a beneficial interest in Boaower is sold or transferred) without Lender's prior <br />written consent, Lender ma.y re�uire immediate payment in full of all sums secured by this Security <br />Inshi�ient. However, this option shall not be exercised by Lender if such exercise is prolu'bit� by <br />Applicable La.w. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. Tha notice shall <br />provide a period of not less than 30 days from the date the notice is givm in accordance with Section 15 <br />within which Boaower must pay all sums secured by tlus Se�urity Instrument. If Bonower fails to PaY <br />these sums prior to the expiration of this period, Lender may invoke any remeflies permitted by this <br />5ecurity Inst�ment without further notice or demand on Bosower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain canditions, <br />Bonower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of (a) five days before sale of the Property pursuant to any power of sale contained in <br />thig $eCUrity Tnctrnm�nt; (b) such other period as Applicable Law might specify for the termination of <br />Borrower' s right to reinstate; or (c) entry of a judgaaent enforcing this Security Instrument. Thosa <br />conditions are that Bonower: (a) pays Lender all sums which then would be due under this Se�urity <br />Instrument and the Note as if no acceleration had occuned; (b) cures any default of any other covensnts ar <br />agreements, (o) Pays a11 expenses incuired in enforcing this Security Instzument, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of prote�ting Lender' s interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Proge�ty and <br />rights under this Security Inst�ument, azid Borrower' s obligation to pay the sums secured by this S�urity <br />Instrument, shall continue unchanged. Lender ma.y require that Bonower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank cher� treasurer' s check or cashier' s che�k, provided any such check is drawn upon <br />an institution whose deposits are insure� by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Bonower, tlus Se�urity Insttument and obligations se�ured hereby <br />shall remain fully effe�tive as if no acceleration had occurred. However, tlus right to reinstate sball not <br />apply in the case of acceleration under Section 18. <br />2200195142 D V6ANE <br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WRH M <br />�-6A(Nq roa�oJ Paea» of 16 inn�eis:�l Form 3028 1/01 <br />0 <br />�v � <br />
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