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201200975 <br /> Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree 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 Security Instrument or the Note conflicts with Applicable <br /> Law, such conflid shall not affect other provisions of this Security Instrument or the Note which can be <br /> given effect without the conflicting provision. <br /> As used in this Security Instrument: (a)words of the masculine gender shall mean and include <br /> corresponding neuter 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 action. <br /> 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security <br /> Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, <br /> "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br /> to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract <br /> or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a <br /> purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br /> is not a natural person and a beneficial interest in Sorrower is sold or transferred) without Lender's prior <br /> written consent, Lender may require immediate payment in full of all sums secured by this Security <br /> Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br /> Applicable Law. <br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice <br /> shall provide a period of not less than 30 days from the date the notice is given in accordance with <br /> Section 15 within which Borrower must pay all sums secured by this Security Instrument. If 8orrower fails <br /> to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br /> Security Instrument without fuRher notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br /> Borrower 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 /> this Security Instrument; (b)such other period as Applicable Law might specify for the termination 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 Lender all sums which then would be due under this Security <br /> Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other <br /> covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br /> but not limited to, reasonabie attorneys' fees, property inspection and valuation fees, and other fees <br /> incurred for the purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrument; and (d)takes such action as Lender may reasonably require to assure that Lender's interest <br /> in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums <br /> secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay <br /> such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: <br /> (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided <br /> any such check is drawn upon an institution whose deposits are insured 6y a federal agency, <br /> instrumentality or entity; or(d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security <br /> Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. <br /> However,this right to reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial <br /> interest in the Note (together with this Security Instrument) can be sold one or more times without prior <br /> notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that <br /> collects Periodic Payments due under the Note and this Security Instrument and performs other mort age <br /> II II II II II I1I III I I I I I I I II II II II II I II I T II <br /> NEBRASKA--Singla Femily-Fennie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 7/01 (page 11 of 14pages) <br /> Finale Documenl5ervices 6 3027 02/06 <br />