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201204716
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Last modified
6/28/2012 4:21:51 PM
Creation date
6/13/2012 3:06:40 PM
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DEEDS
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201204716
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20120471� <br />prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of <br />any such refvnd made by direct payment to Borrower will constitute a waiver of any right of action Bonower might <br />have arising out of such overchazge. <br />15. Notice,s. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Bonower in connection with this Security Instrument shall be deemed 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 a11 Bonowers unless Applicable Law expressly requires <br />otherwise. The notice address shall be the Property Address unless Bonower has designated a substitute notice <br />address by notice to Lender. Bonower sha11 promptly notify Lender of Borrower's change of address. If Lender <br />specifies a procedure for reporting Borrower's change of address, then Borrower shall 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 titne. 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 Borrower. Any notice in connection <br />with this Security Instrument sha11 not be deemed to have been given to Lender until actually rec;eived 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 corresponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument sha11 be govem� by <br />federallaw and the law of the jurisdiction in which the Properly is located. All rights and obligations contained in <br />this S�urity Instrument aze subj�t to any requirements and limitations of Applicable Law. Applicable Law might <br />explicitly or implicitly allow the parties to agrce 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 Security <br />Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <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 singular 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. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Bene�cial 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 deed, installment sales contract or escrow agreement, the intent <br />of which is the transfer of title by Bonower at a future date to a purchaser. <br />If a11 or any part of the Property or any Interest in the Property is sold or transferred (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 />I,ender may require immediate payment in full of a11 sums secured by this Security Instrument. However, this option <br />shall 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 sha11 provide a <br />period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower <br />must pay a11 sums secured by this 5ecurity Instrument. 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 Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Bonower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior to the eazliest of: (a) <br />five days before sale of the Property pursuant to any power of sale contained in this 5ecurity Instrument; (b) such <br />other period as Applicable Law might specify for the ternunation of Borrower's right to reinstate; or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instniment and the Note as if no acceleration had occurted; (b) cutes any default <br />of any other covenants or agr�nents; (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 incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such <br />action as Lender may reasonably require to assure that Lender's interest in the Properiy and rights under this Security <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocA�aglc Q,� <br />Form 3028 1/01 Page 10 of 14 www.docmaglc.com <br />, ►( ' <br />�` <br />Ne3028.dot.zml <br />
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