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201206530
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8/8/2012 8:22:51 AM
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8/8/2012 8:22:51 AM
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DEEDS
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201206530
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2 Q1206530 <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 Borrower shall only report a change of address through that specified procedure. <br />There may be only one designated notice address under this Se,curity Instrument at any one tune. 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 notice in connection with this <br />Security Instrument shall not be de,emed to have been given to L,ender until actually rec:eived by Lender. If <br />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 />'i6. 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 I.aw. <br />Applicable Law might explicitIy or implicitly allow the parties to agree by contract or it might be silent, but <br />such silence shall not be canstrued as a protubition against agreement by contract. In the event that any <br />provision or clat�se of this Security Ivstrument or the Note conflicts with Applicable Law, such conflict shall <br />not affe.ct ati�er provisiQffi of this Security I�r.ment or the Note which can be given effect without the <br />contTicring provision. <br />As � in this Security IIIStr�ment: (a) words of ttie masculine gender shalp mean and incIude corresponding <br />neute� wards or words of the femiaine gender, (b} worcts in th,e singu�ar shall mean and include the plural <br />and viae versa; aa� (c) the �vorcl "may" givre.s sole discretiog without any obligarion to take any action. <br />'t 7. Barrow�'s �opy. Borrov�res shatF be given ane copy of tt�e Note aad of this Security Instrument. <br />1'8. Trans�er ot t�s �p�rty or a F3es�eficial rr�terest in Borro�nrer. As used in this Sectio� 18, "Interest in <br />the Frogesty" means aay Iegai vr b�efciat iuter� in, the Properiy, including, but nat limite� to, thase <br />benef�ciai int�rests tc�ansferred in a born� fot ct�, coniract for deed, installment sales co�tract or escrow <br />agreement, the intern of which is the iransfer of title by Bonower at a future date to a purchaser. <br />Tf all or any part of the Properiy 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 writtea <br />consen�, T.ender may reguire immediate payment in full of alI surns secured by this Security I'nstre�ment. <br />However, this oprion �. not be ea¢ercisec� isy �.ender if such exercise is prolubited by Applicable Taw. <br />If Lender exercises this aption, Lender shall give Borrower norice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with S�rion 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 ttris period, Lender may invoke any remedies pernutted by this Security Instrument without <br />further notice or demand on Borrower. <br />79. Borrower's Right to Reinstate After Acceleration. If Bonower m�ts certain conditions, Borrower <br />shall have the rigttt to have enforcement of this Se,curity 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 Security <br />Instrument; (b) such other period as Applicable Law might spe.cify for the termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing tlus Security Instrument. Those conditions are that Borrower: <br />(a) pays Lender all sums which then would be due under this Security 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 />incuned in enforcing this S�urity Instrument, including, but not limited to, reasonable attorneys' fees, <br />property inspecrion and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6�NE) (1105) <br />Wolters Kluwei Finandal Services Page 12 of 17 <br />
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