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20120349� <br />designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Borrower sha11 only report a change of address through that specified procedure. <br />There may be only one designated norice address under this S�urity Instrument at any one time. Any notice <br />to Lender shall be given by delivering it or by ma.iling it by first class mail to Lender's address stated herein <br />unless Lender has designated another address by notice to Bonower. Any notice in connection with this <br />Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requ.irement 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 parties to agree by contract or it might be silent, but <br />such silence sha1l not be construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Inst�vment or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of this Security Instrument or the Note which can be given effect without the <br />conflicting provision. <br />As us� in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of tfie feminine gender; (b) words in the singular shall me.aa and include the plural <br />and vice versa; aac� (c} the word "may" gives sole discrerion without auy obligation to take any action. <br />17. Barrower's Copy. Borrower shall be given ane copy of the Note and of this Security Insuument. <br />'t8. Transfer ef the Property or a Ber►�ficial Interest in Borrower. As used in this Se,ction 18, "Interest in <br />the Property° m�s any Iega� or l�neficial interest in the Property, includ'mg, but not limited to, those <br />beaefcial interests U�ansfenecfi in a bond for de�, contract for deed, installment sales contract or escrow <br />agreement, tlie intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If a,it or any gart 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 Lender's prior written <br />consent, Lender may require imm�iate payment in full of all sums secured by this Security Instniment. <br />Hc�wever, this option shaII not be exercisec� by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this oprion, Lender shall give Borrower notice of acceteration. The norice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower mnst pay all sums secured by this Security Instrument. If Bonower fails to pay these sums prior to <br />the expirarion of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further norice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain condirions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br />eatliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Securiry <br />Instrument; (b) such other periad as Applicable Law might specify for the termination of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: <br />(a) pays Lender all sums which then would be due under this Security Instnunent 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 />incuned in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' 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/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMP6�NE) (7105) <br />Page 12 of 17 <br />� , � � , <br />