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201206�4� <br />designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of <br />Bonower's cYtange of address. If Lender specifies a procedure for reporting Bonower's change of address, <br />then Bonower sha11 only report a change of address through that specified procedure. <br />There may be only one designated norice address under this Security Insmunent 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 notice in connection with this <br />Se.curity Instrument shall not be deemed to have been given to Lender unril actually 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 conesponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construcfion. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Progerty is located. All rights and obligations <br />..contained in this Security Instrument are s�bject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicidy or implicitly allow the parties to agree by contract or it might be silent, but <br />such silence sha11 not be construed. as a prohibition against agreement by contract. In the event that any <br />provision os clause of this Security InstrumeH.� or the Note conflicts with Applicable L.aw, such conflict shall <br />not affect other provisions of this Security Instrument or the Note which can be given effect without the <br />contTicting provision. <br />As vsed in this Security Instrument: (a) words of the masculine gender shall mean and include correspondiag <br />neuter vvords or word� of the feminine gender, (b} words in the singular shall mean anct include the plurat <br />and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />'t 7. Borrov�rer's Capy. Barrower shalI be given ane copy of the Note and of this Security Instrument. <br />'E8. Transfer of the Proper4y or a Benefic�al �eeterest Fn Borrovver. As used in this Section 18, "Interest in <br />the Praperty" me,aas att�c Yegal or beaeficiat interest in the Property, includit�g, but aot limited to, those <br />beneficiaT isiierests craIISfened in a bond far d�ct, contract for deed, i�t �a 1m�.+t sates contract or escrow <br />agre.ement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or a�y part of the Property or any Iuterest in the Property is sold or transferrect (or if Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transfened) without Lender's prior written <br />consent, E.enc�er �y require immediate payment in full of alI sums secured by this Se,curity Instrument. <br />I�owever, this option shav; not be exercised by Lender if sucYe exercise is prohibite� 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 Iess 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 Instnunent. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies pemutted by this Se,curity Instrument without <br />further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Accelerafion. If Borrower meets certain conditions, 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 Law might specify for the termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: <br />(a) pays Lender all sums which then would be due under this Security Instnunent 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 />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />property inspection and valuation fees, and other fees incurted for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie Mae/Fraddia Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Servic� <br />Form 3028 1 /01 <br />VMP6INE) (1105) <br />Page 12 of 17 <br />