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201203��� <br />designated a subsritute norice 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 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 Bonower. Any norice in connection with this <br />Security Instrument shall not be de,emed to have been given to Lender until actually rec;eived by Lender. If <br />any norice 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; Severa6ility; Rules of Construction. This S�urity 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 agr� by contract or it might be silent, but <br />such sitence shall not be construed as a prohibition against agteement by contract. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such canflict 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 used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words ar words of the feminine gender; (b) words in the singulaz shatl mean and include the plural <br />aa� vic� versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />77. Borrawer's Copy. Borrovver shall be given one cogy af tlze Note and of this Security Instrument. <br />18. Transfer of tE�e Praperty ar a Beneficial Interest in Borrower. As used in this 5�tion 18, "Interest in <br />the Praperiy" means any Iegai oa beneficiai interest in the Property, including, but not limited to, those <br />beaeficial 'u2terests transferred in a bond for deeci., contract for deed, installment saies cantract or escrow <br />agreement, the intent of vvluch 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 Property is sold or transferred (or if Borrower is not a <br />naturat person and a beneftcial interest in Borrower is sold or transfened) without Lender's prior written <br />consent, l'.ender may require immediate payment in full of all sums secured by this Security Instrument. <br />However, this oprion sh�ll not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower norice of acceleraxion. The notice sha11 provide a <br />period of not Iess than 30 days from the date the norice 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 Instrument without <br />futther notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Bonower <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 Securiry <br />Instrument; (b) such other period 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 are that Bonower: <br />(a) pays Lender all sums which then would be due under this S�urity 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 attomeys' fees, <br />property inspection and valuarion fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Femily-Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT Form 3028 1/07 <br />VMP � VMP61NE) 11705) <br />Wolters Kluwer Financfal Services Page 12 of 17 <br />°. f ` .- ; Y y .. � �1 <br />