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20]203243 <br />DOC ID #: 00024193053304012 <br />reduction will he treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by <br />direct payment to Borrower will constitute a waiver crony right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been <br />given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address <br />if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless <br />Applicable Law expressly requires otherwise. The notice address shall be the Properly Address unless <br />Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify <br />Lender of Borrowers change of address. IfLender specifies a procedure for reporting Borrowers change of <br />address, then Borrower shall only report a change of address through that .specified procedure. 'There may <br />be only one designated notice address under this Security Instrument at any one nine Any notice to Lender <br />shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless <br />Lender has designated another address by notice to Borrower. Any notice in connection with this Security <br />Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any <br />notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will satisfy the corresponding 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 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 panics to agree by contract or it might be silent, but <br />such silence shall not he construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict <br />shall not affect other provisions of this Security Instrument or the Note which can be given effect without <br />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 he) the word "may" gives sole discretion without any obligation to <br />lake any action. <br />17. Borrower's Copy. Borrower shalt 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 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 deed, contract for deed, installment sales contract or escrow <br />agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />Hall or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Loader's prior written <br />consent, Lender may require immediate payment in Hill of all sums secured by this Security Instrument. <br />However, this option shall notbe exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide <br />a period of not less than 30 days from the date the notice is given in accordance with Section 15 within <br />which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums <br />prior to the expiration of this period, Lender may invoke any remedies permitted by this Security <br />Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest <br />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 Borrower's right <br />to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that <br />Borrower, (a) pays (.ender all sums which then would be due under this Security Instrument and the Note <br />as if no acceleration had occurred, (b) cares any default of any other covenants or agreements, (c) pays all <br />expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' <br />fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's <br />interest in the Properly and rights under this Security Instrument; and (d) takes such action as Lender may <br />reasonably require to assure that ],entices interest in the Property and rights under this Security Instrument, <br />and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the <br />following fours, as selected by Lender: (a) cash; (b) money order, (c) certified check, bank check, <br />treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits <br />NEBRASKA — Single Family -- Fannie MaelFreddie Mac UNIFORM INSTRUMENT (MERS) Form 5828 Inn <br />MERS Deed of Truet -NE <br />2006A -NE (12/11) Page 9 of 12 <br />