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201206055
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Last modified
7/20/2017 9:42:49 AM
Creation date
7/24/2012 2:00:48 PM
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DEEDS
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201206055
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201206055 <br /> V4 wBCD LOADi # 503542405 <br /> Lender of Borrower's change of address.If Lender specifies a procedure for reporting Borrower's change <br /> of address,then Borrower shall only report a change of address through that specfied procedure.There <br /> may be only one designated notice address under this Security Instrument at any one time.Any notice to <br /> 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 notice in connection with this <br /> Securiiy Instrument shall not be deemed to have been given to Lender until actualiy received by Lender. <br /> If any notice required by this Security Instrument is also required underApplicable Law,the Applicable Law <br /> requirementwill satisfy the corresponding requirement under this Security Instrument. <br /> 1fi. Governing Law; 8everability; Rules of Construction. This Security Instrument shall be <br /> governed by federal faw and the law of the jurisdiction in which the Properry is located.AII rights and <br /> obligations contained in this Security Instrument are subject to any requirements and limitations of <br /> Applicable Law.Applicable Law might e�cplicitly or implicitly allow the parties to agree by contract or it <br /> might be silent,but such silence shall not be construed as a prohibition against agreement by contract. <br /> In the event that any provision or clause of this Securify Instrument orthe Note conflicts with Applicable <br /> Law,such conflict shall not affect other provisions of this Security Instrument orthe Note which can be <br /> given effect without the conflicting provision. <br /> As used in this Security Instrument: (a)words of the masculine gender shall mean and include <br /> corresponding neuterwords orwords of the feminine gender;(b)words in the singularshall mean and <br /> include the plural and vice versa;and (c)the word"may°gives so[e discretion without any obligation <br /> to take any action. <br /> 17. Borrower'sCopy.BorrowershallbegivenonecopyoftheNoteandofthisSecuritylnstrument. <br /> 18.Transfer of the Property ar a Beneficial Interest in Borrower.As used in this Section 18, <br /> "Interest in the Property"means any legal or beneficial interest in the Property,including,but not limited <br /> to,those beneficial interests transferred in a bond for deed,contractfor deed,installment sales contract <br /> or escrow agreement,the intent ofwhich is the transfer of title by Borrower at afuture date to a pu rchaser. <br /> If alI or any part ofthe Property or any Interest in the Property is sold ortransferred(or if Borrower is not <br /> a natural person and a beneficial interest in Borrower is sold or transferzed)without Lender's prior written <br /> consent, Lender may require immediate payment in full of alI sums secured by this Security lnstrument. <br /> However,this option shall not be exercised by Lender'rf such exercise is prohibited by Applicable Law. <br /> If Lender exercises this option,Lender shall give Borrower notice of acceleration.The notice shall <br /> pro�ide a period of not less than 30 days from the date the notice is given in accordance with Section <br /> 15within which Borrower must pay all sums secured bythis Security Instrument.If Borrowerfails to pay <br /> these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br /> Security Instrumentwithoutfurther notice or demand on Borrower. <br /> - 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br /> prior to the earliest of:(a)five days before sale of the Properry pursuant to any power of sale contained <br /> in this Security Instrument; (b)such other period as Applicable Law might spec'rfyfor the termination <br /> of Borrower's right to reinstate;or(c) entry of a judgment enforcing this Security Instrument.Those <br /> conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br /> Instrument and the Note as rf no acceleration had occurred;(b)cures any defau It of any other covenants <br /> or agreements;(c)pays all expenses incurred in enforcing this Security Instrument,including,but not <br /> Iimited to,reasonable attorneys'fees,properiy inspection and valuation fees,and other fees incurred <br /> forthe purpose of protecting Lender's interest in the Propertyand rights underthis Security Instrument; <br /> and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the <br /> Property and rights underthis Security Instrument,and Borrower's obligation to paythesums secured <br /> by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such <br /> reinstatementsums and expenses in one or more ofthe following forms,as selected by Lender:(a)cash; <br /> (b)money order; (c)certified check,bank check,treasurer's check or cashier's check,provided any <br /> such check is drawn upon an institutionwhose deposits are insured byafederal agency,instrumentality <br /> or entity;or(d) Electronic Funds Transfer. Upon reinstatement by Borrower,this Security Instrument <br /> and obligations secured herebyshall remain fully effective as ifno acceleration had occurred.However, <br /> this right to reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note;Change of Loan Servicer;Notice of Grievance.The Note or a partial interest <br /> in the Note(togetherwith this Security Instrument)can be sold one or more times without prior notice <br /> to Borrower.A sale might result in a change in the entity(known as the"Loan Servicer")that collects <br /> Periodic Payments due underthe Note and this Security Instrument and pertorms other mortgage Ioan <br /> servicing obligations under the Note,this Security Instrument,and Applicable Law,There also might <br /> be one or more changes of the Loan Servicer unrelated to a sale ofthe Note.Ifthere is a change of the <br /> Loan Servi�er,Borrowerwill be given written notice ofthe change which will state the name and address <br /> of the new Loan Servicer,the address to which payments should be made and any other information <br /> RESPA requires in connection with a notice of transfer of servicing.If the Note is sold and thereafter the <br /> Loan is serviced by a Loan Servicer other than the purchaser of the Note,the mortgage loan servicing <br /> obligations to Borrowerwill remain with the Loan Servicer or be transferred to asuccessor Loan Servicer <br /> and are not assumed by the Note purchaser unless otherwise provided by the Note purchasey�}� <br /> Initials: �� <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281 J01 <br /> Online Documents,Inc. PAC]2 9 Of 11 NEEDEED 1108 <br /> 07-18-2012 16:28 <br />
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