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20120��58 <br />There may be only one designated notice address under this S�urity Instrument at any one time. Any <br />notice to Lender shall be given by delivering it ar by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by norice to Bonower. Any notice in <br />connection with this Security Instrument sha11 not be d�ned w have b�n given to Lender until actually <br />received by Lender. If any notice re�uired by this Security Instrument is also r�uire� under Applic�,ble <br />Law, the Applicable Law r�uirement will satisfy the conesponding r�uirement under this Se�urity <br />Instrument. <br />16. Governing Law; Severability; Rnles of Constract3on. This Security Instrument shall be <br />governed by faderal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any r�uirements and limitations of <br />Applicable 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 prolubition 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 />Law, such crn�►flict shall not aff�t other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this �curity Instnunent: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singulaz 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 ttris Security Instrument. <br />18. Transfer of the Property or a Beneflcial Inter�t in Borrower. As used in this Se�tion 18, <br />"Interest in the Properiy" means any legal or beneficial interest in the Properly, including, but not limited <br />to, those beneficial interests transferr� in a bond for deed, contract for de,ed, instaliment sale.s contract or <br />escrow agreement, the intent of which is the bransfer 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 Property is sold or transferre� (or if Borrower <br />is not a natural person and a beneficial interest in Bonower is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment in full of a11 sums secured by this Security <br />Instrument. However, this option sball not be exerciseci by Lender if such exercise is prolubited by <br />Applic�ble Law. <br />If Lender exercises this option, Lender shall give Borrawer notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 <br />within which Bonower must pay all sums s�uretl by this Se�urity Instrument. If Bonower fails to pay <br />these sums prior to the expiration of this period, L.ender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleratian. If Bonower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discflntinuefl 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 sp�ify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this �curity Instrument. Those <br />conditions are that Borrower: (a) pays Lender a11 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 covenants or <br />agr�ments; (c) pays all expenses incurre+d in enforcing this S�urity Instrument, including, but not limit� <br />to, reasonable attomeys' fees, property inspeclion and valuation fees, and other fces incurreri for the <br />purpose of prote�ting Lender's interest in the Property and rights under this S�urity Instrument; and (d) <br />takes such action as Lender may reasonably re,quire to assure that Lender' s interest in the Property and <br />rights under this Security Instrument, and Borrower' s obligation to pay the sums secured by this Security <br />Instrument, shall continue unchange�. Lender may re�uire 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 ch�k, bank ch�k, treasurer's ch�k ar cashier's ch�k, provided any such che�k is drawn upon <br />an institution whose deposits are insured by a fe�eral agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this S�urity Instrument and obligations se�ure� hereby <br />shall remain fully effeetive as if no acceleration had occunerl. However, this right to reinstate shall not <br />apply in the case of acceleration under Secrion 18. <br />2300070575 D V6ANE <br />NEBRASKA - Single Family - Fannle AAae/Froddle Mac UNIFORM INSTRUMEJNT WITH WI � <br />�-6A(N� 1oa�o1 ra0e» o� �s i,,;� ��2��' Farm 3028 7/01 <br />c� <br />