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�0������� <br />prepayment charge (whether or not a prepayment charge is provided fpr under the Note). Bonower's acceptance of <br />any such refund made by dir�t payment to Bonower will constitute a waiver of any right of action Bonower might <br />have arising out of such overchazge. <br />15. Notices. All notices given by Bonower or Lender in connection with this S�urity Instnunent must be in <br />writing. Any notice to Borrower in connection with this Security Instrument sha11 be d�mefl to have been given to <br />Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other <br />means. Notice to any one Bonower shall constitute notice to all Bonowers unless Applicable I.aw expressly requires <br />otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice <br />address by notice to Lender. Borrower sha11 promptly notify Lender of Bonower's change of address. If Lender <br />specifies a procedure for reporting Borrower's change of address, then Borrower sha11 only report a change of address <br />through that specified procedure. There may be only one designated notice address under this Security Instrument <br />at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's <br />address stated herein unless Lender has designated another address by notice to Bonower. Any notice in connection <br />with this Security Instrument sha11 not be deemed to have been given to Lender until actually received by Lender. <br />If 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 S�urity Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument sha11 be govemed by <br />federal law and the law of the jurisdiction in which the Properiy is located. All rights and obligations contained in <br />this 5ecurity Instrument aze subject to any requirements and limitations of Applicable L.aw. Applicable Law might <br />explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be <br />construed as a prohibition against agreement by contract. In the event that any provision or clause of this Se,curity <br />Instnunent or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this S�urity <br />Instrument or the Note which can be given effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice <br />versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Bonower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this S�tion 18, "Interest in <br />the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial <br />interests transfened in a bond for deed, contract for d�d, installment sales contract or escrow agreement, the intent <br />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 Properiy is sold or transfened (or if Bonower is not a <br />natural person and a beneficial interest in Bonower is sold or transferred) without Lender's prior written consent, <br />Lender may require immediate payment in full of all sums secured by this 5ecurity Instrument. However, this oprion <br />sha11 not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with 5ection 15 within which Borrower <br />must pay a11 sums secured by this Security Instnunent. If Borrower fails to pay these sums prior to the expiration of <br />this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand <br />on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower m�ts certain conditions, Bonower shall <br />have the right to have enforcement of this Se.curity Instnunent discontinued at any time prior to the earliest of: (a) <br />five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such <br />other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions aze that Borrower: (a) pays Lender a11 sums which <br />then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default <br />of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br />but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurted for the <br />purpose of protecting Lender's interest in the Property and rights under this 5ecurity Instrument; and (d) takes such <br />action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this S�urity <br />NEBRASKA--Single Family--Fennie Mae/Freddie Mac UNIFORM INSTRUMENT pocMeg/c� <br />Form 3028 1/07 Page 10 of 14 www.docmagic.com <br />� <br />� <br />�� <br />Nc3028.dot.�un1 <br />