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��������� <br />designated a substitute norice address by notice to Lender. Bonower shall promptly notify Lender of <br />Bonower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, <br />then Borrower shall 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 Borrower. Any norice in connection with this <br />Se,curity Instrument shall not be deemed to have been given to Lender until actually received by Lender. 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 Construction. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is lacated. 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 prohibirion against agre,ement 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 Security Instrument or the Note which c,an be given efFe,ct without the <br />conflicting provision. <br />As used in this Securiry 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 singular shall mean a�d include the plural <br />and vice versa; and (c) the vvord "ma.y" gives sole discretion without any obiigation to take any acrion. <br />1 T. &trrovver's Capy. Borrovaer shall be given ane copy of the Note and of this Security Instnunent. <br />'t8. Transfer of tFee P�perly or a Benef"rcial lnterest in Borrovver. As used in this Section 18, "Interest in <br />the Property" mea�s �y Iegal or txneficiaY interest in the Pto�rty, including, but not Iimited to, those <br />1�eficiaL interests traffifeated ia a tson� for dced, cogtract for �ed, installment sales contract or escrow <br />agreemern, the intent of wr�iic� is the transfer of title b� Borrower at a future date to a purchaser. <br />If aIl 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 trenef�cial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lender may require immediate payment in full of all sums secured by this Se,curity Instrument. <br />However, this option shall nvt be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If I�nder exerci�s this option, Lender shall give Bonower notice of acceleration. The notice shall provide a <br />period of not less tha,n 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instnunent without <br />further norice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower me,�ts certain conditions, Bortower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might specify for the termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those condirions are that Bonower: <br />(a) pays Lender all sums which then would be due under this Se.curity 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 Instrument, including, but not limited to, reasonable attorneys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 1/Ot <br />VMP � VMP6(NE) (11051 <br />Wolters Kluwer Financlal Services Page 12 of 17 <br />