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201109852
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Last modified
1/5/2012 9:49:39 AM
Creation date
12/29/2011 8:46:45 AM
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DEEDS
Inst Number
201109852
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201�09�52 <br />There may be only one designate� notice address under this Se�urity Instrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's addtess <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instiiiment shall not be deemad to have been given to Lender unttl actually <br />received by Lender. If any notice requirerl by this Security Instrument is also re�uirefl under Applicable <br />Law, the Applicable Law reqiurement will satisfy the corresponding requirement under this Security <br />Instranient. <br />16. Governing Law; Severability; Rnles of Constrnction. This Security Inslrument sha11 be <br />governed by federal law and the law of the jurisdiction in which the Property is locat�. All rights and <br />obligations contained in this Security Instrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might ca�plicitly or implicitly allow the parties to agr� by contract or it <br />might be silent, but such silence shall not be construed as a prolubition again,4t agreemeart by cantrack In <br />the event that any provision or clause of ttus Se�urity Instrument or the Note conflicts with Applicable <br />Law, such conflid sball not affe�t other provisions of this Security Instrument or the Note which c�n be <br />given effect without the conflicting provision. <br />Ag pgP� jn tlljg $ECUrity Tn. �men� (a) words of the masculine gender shall mean and include <br />corresponding aeuter words or words of the f�+ gender; (b) words in the singular shall mean and <br />include tha plural and. vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this 5ecurity Insuvmen� <br />18. Transfer of the Property or a Benefidal Interest �tn Borrower. As used in this S�tion 18, <br />��Interest in the Properiy" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, conh�act for deed, installment sales canhact or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Property or any Interest in the Progeriy is sold or tc�ansferred (or if Bortower <br />is not a natural person and a beneficial inte��t in Borrower is sold or transfe�rac� without Lender's prior <br />written consent, Lender may require imm�iate payment in full of all sums secured by this S�urity <br />Instrument. However, this option shall not be exercis� by Lender if such exercise is prolu'bited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall <br />provide a period of aot less than 30 days from the date the notice is given in acxordance with Section 15 <br />within wluch Bonower must pay all sums se�ure� by tlus Security Instrument. If Horrower fails to pay <br />these sums prior to the expiration of this geriod, Lender may invoke any remedies germitted by this <br />Security Instrument without further notice ar demand on Borrower. <br />19. Borrower's Rigbt to Reinstate After Acceleratlon. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this S�urity 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 />ttris Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Bonower' s right to reinstate; or (c) entry of a judgment enfarcing this Security Insh�unent Thosa <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Se�urity <br />Insttvment and the Note as if no acceleration had occiurai; (b) cures any default of any other covenants or <br />agr�ments; (c) pays all e�cpenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attomeys' fees, property inspe�tion and valuation fees, and other f� incurrerl for the <br />Purpose of protecting I.ender' s interest in the Property and rights under this Security Ins�ment; and (� <br />takes such action as Lender may reasonably require to assure that Lender' s interest in the Property and <br />rights under this Sec�mty Instrument, and Borrower's obligation to pay the sums s�ured by this Security <br />Instrument, shall continue unchanged Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as sele�ted by Lender: (a) cash; (b) money order; (c) <br />certified ch�k, bank che�k, treasurer' s ch�lc or cashier' s checl� provided any such check is ckawn upon <br />an institution whose deposits are insured by a federal agency, instrumentality or entity; ar (c� Electronic <br />Funds Transfer. Upon reinstatement by Borrower, tlus Security Instcvment and obligations secured hereby <br />shall remain fully effe�tive as if no acceleration had occurred However, this right to reinstate shall not <br />apply in the case of acceleration under 5ection 18. <br />2200209563 D V6ANE <br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WIT MERS <br />�-6A(Nq loe�ol Peee t � of t s i„t�a� � Form 3028 1/01 <br />� <br />
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