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� 201200161 <br /> designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br /> Bonower's change of address. If Lender specifies a proce�ure for reporting Bonower's change of address, <br /> then Bonower sha11 only report a change of address through that specified procedure. <br /> There may be only one designated notice address under this Security Instrument at any one time. Any notice <br /> to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein <br /> • unless Lender has designated another address by notice to Bonower. Any notice in conn�tion with this <br /> Security Instrument shall not be deemed to have been given to Lender until actually received by I,ender. If <br /> any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br /> requirement will satisfy the conesponding requirement under this Security Instrument. <br /> 16. Governing Law; Severability; Rules of Construcfion. This Security Instrument shall be govemed by <br /> ferieral law and the law of the jurisdiction in which the Property is located. All rights and obligations <br /> contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br /> Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but <br /> such silence shall not be construed as a prohibition against agr�ment by contract. In the event that any " <br /> provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall <br /> not aff�t other provisions of this S�urity Instrutnent or the Note which can be given effect without the <br /> conflicting provision. <br /> As used in this Security Instrument: (a)words of the masculine gender shall mean and include conesponding <br /> neuter words or words of the feminine gender; (b)words in the singular shall mean and include the plural <br /> and vice versa; and(c)the word "may" gives sole discretion without any obligation to take any action. <br /> 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Se�uriry Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower.As used in this Section 18, "Interest in <br /> the Property" means any legal or beneficial interest in the Property, including, but not limited to, those <br /> beneficial interests transferred in a bond for dced, contract for deed, installment sales contract or escrow <br /> agr�ment, the intent of which is the transfer of tide by Borrower at a future date to a purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or transfened(or if Borrower is not a <br /> natural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior written <br /> consent, Lender may require immediate payment in full of all sums secur�by this Security Instrument. <br /> However, this option shall not be exercis�by Lender if such exercise is prohibited by Applicable Law. <br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The norice shall provide a <br /> period of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br /> Borrower must pay all sums s�ured by this Security Insmiment. If Borrower fails to pay these sums prior to <br /> the expiration of this peri�, Lender may invoke any remedies permitted by ttris Security Instniment without <br /> further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower <br /> sha11 have the right to have enforcement of this S�urity Instrument discontinu�l at any time prior to the <br /> earliest of: (al five days before sale of the Property pursuant m any nc►wer�f cale s.nnta�ne�i in thic�»rity <br /> Instrument; (b)such other period as Applicable Law might specify for the termination of Borrower's right to <br /> reinstate; or(c)entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: <br /> (a)pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br /> acceleration had occurred; (b).cures any default of any other covenants or agreements; (c)pays all expenses <br /> incurred in enforcing this Security Insmiment, including,but not limited to, reasonable attorneys' fees, <br /> property inspection and valuation f�s, and other fees incurred for the purpose of prot�ting Lender's interest <br /> NEBRASKA-Single Family-Fannie Mae/Fr�die Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMP� VMP61NE1 117051.00 <br /> Wolters Kluwer Financial Services Page 12 of 17 <br />