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2412U52i� <br />designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, <br />then Bonower 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 />Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any norice requirefl 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 />'f 6. Governing Law; S�verability; Rules of Construction. This Security Instr�ment shall be govemed by <br />federal Iaw and the Iaw of the jurisdiction in which the Pro�rty is located. All rights and obligarions <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 sl�ll not be constr�ed as a prohibirion against agreement by contract. In the event that any <br />pravision or clause of this Security Instrument or the Note conIIicts with �pplicable Law, such conflict shall <br />not affect other grc�visions of this Security IIIStrument or ttie Note whicYc can be given effe,ct without the <br />cv�fii�ting pro�risicm. <br />A�s used in tl�is Seeurity Instrument: (a) v�rords of the masculine gender shall mean azsd include corresponding <br />neuter �a+ords or vkord:s af the femi,nine gender; (b) words iII the singular shall meaB and include the plurat <br />aad vice versa; arnfi (e) the word "may" gives sale discretiea without any abligation to take any action. <br />'f 7. 6orrouver's �y_ Borro�wer s?sa1T i�e give� aae copy of the Note and of t�sis Security Inst�vment. <br />?8. �rares�er of t6te R�sperty or a�ens�l ��terest irr �orrowrer. As usec� in this �Ction 18, "Interest in <br />the Properiy" meaas a�y legal or bene�ciat interest in the Properiy, including, but nQt Iimited to, those <br />beneficiat interests transferred in a bond far �, contract for deed, installment sal� contract or escro��v <br />agreement, the inteat of which is tize transfer of title by �orrower at a future date to a purchaser. <br />If all or any patt of the Fro� or any Interest in the Property is sold or transferred (or if B�orrower is nat a <br />natural person and a benefcial interest in Borrower is sold or transferred) without I.ender's prior written <br />consent, Lender �� requ�te immediate payment in full of a1I s�.s secured by this Security Inst�vment. <br />However, tlus optians shall not be exercised bp I.ender if such exercise is prohibited by .4pplicable Law. <br />If Lender exerci�s t�iis uptioa, I.ender shall give Borrower notice of acceIeration. The aotice sha11 provide a <br />period of not less than 30 days from the date the notice is given in accordance wittt Se,ction 15 within which <br />Borrower must pay a1I sums se,�ured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expirarion of this period, Lender may invoke any remedies germitted by this Security Instrument without <br />further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain condirions, Borrower <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 I.aw might specify for the terminarion of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those condirions aze that Bonower: <br />(a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br />acceleration had occurted; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this 5ecurity Instrument, including, but not limited to, reasonable attomeys' fees, <br />property inspecrion 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 <br />VMP � <br />Wokers Kluwer Financial Services <br />Form 3028 1/Ot <br />VMPB(NE) (1105) <br />Page 12 of 17 <br />. w � .� e <br />