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201206595
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Last modified
9/10/2012 2:52:13 PM
Creation date
8/9/2012 3:02:05 PM
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DEEDS
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201206595
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, g «a,� <br />20120559� <br />designated a substitute notice 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 repc►rt a change of address through that specified procedure. <br />There may be only one designated notice address under this Security Instivment 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 nodce to Borrower. Any notice in connection with this <br />Security Instrument shall not be deemed to have been given to Lender until act�ally received by Lender. If <br />any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will sarisfy the corresponding requirement under this Security Inst�vment. <br />16. Goveming Law; Severability; Rules of Construction. This Security Insm�ment shall be governed by <br />federal law and the law of the jurisdiction in which the Property is locaxed. 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 agree by contract or it might be silent, but <br />such silence shall not be construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of this Security InstYUment or the Note which can Ix given effect without the <br />conflicting provision. <br />As used in this Security Insirument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the fP*+�+�n�n� gender; (b) words in the singiilar shall mean and include the plural <br />and vice 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 Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br />the Property" means any legal or heneficial interest in the Properry, including, but not limite� to, those <br />Ueneficial interests transferred in a bond for deed, contract for dced, installment sales contract or e.scrow <br />agreement, the intent of which is the tiansfer of title by Borrower at a futvre date to a purchaser. <br />If all or any part of the Properry or any Interest in the Properry is sold or transferr� (or if Boaower is not a <br />natural person and a l�neficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lender may require immediate payment in full of all su.ms secured by this Security Instrt�ment. <br />However, this option shall not be exercised by L�der if such exercise is proh�'biteci by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice 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 Section 15 within which <br />Borrower must pay all sums secured by this Security Inst�mm�ent. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lsnder may invoke any remedies permitted by this Se�urity Tnctn,ment without <br />fiu notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borroc�er <br />shall have the right to have enforcement of this Security Instrument discontinued at any rime prior to the <br />earfiest of: (a) five days T.refore sale of the Properry pursuant to any gower of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might specif,y for the term;nat;on of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: <br />(a) pays L�nder 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 />lIICI1LPed lII eIIfOrCiIIg thiS SeClllity Tn. iment, including, but not limited to, reasonable attorneys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of prote,cting Lender's interest <br />NEBRASKA-Single Femily-Fannia Mae/Fradd�e Mac UMFORM INSTRUMEM Form 3028 i/Ol <br />� � VMP6ME1 I7 tp61.� <br />Wohers Kiuwar Rnencial Servicas Page 12 of 17 <br />
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