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201207093 <br /> [f the Loan is subjcct to a law which scts maximum loan charges,and that law is finally inteipreted so that <br /> the interest or other loan charges collected or to be collected in connection with the I,oan exceed the <br /> permitted limits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the <br /> chazge to the permitted limit;and(b}any sums already collectcd&om Bocrower whic6 exceeded permitted <br /> limits will be refunded to Borrower. Lender may choose to malce this refund by reducing the principal owed <br /> under thc Note or by making a direct paymeut to Borrower, lf a refund reduces principal, the reduction will <br /> be treated as a partial prepayment without any prepayment charge (whether or not a prepayment chargc is <br /> provided for under thc Vote). Borrower's acceptance of any such refund made by direct paymeut to <br /> Borrower will constitute a waiver of any right of action Boaower might have arising out of such overcharge. <br /> 15. Notiees.All notices given by Borrower or Lender in connection with this Security Instrument must be in <br /> writing.Any notice to Borrower in connection with this Secarity Instmment shall be deemed to have been <br /> given to Botrower when mailed by tirst class maif or when actually delivered to Borcower's notice address <br /> if sent by other mcans. Notice to any one Borrower shall constitute notice to all Bortowers u�less <br /> Applicable La�a expressly requires otherwise. The notice address shall be the Property Address unlcss <br /> Borrower has designated a substilute notice address by notice to Lender. Borrower shall promptly notify <br /> Lender of Rorrower's change of address. if Lender specifies a procedure for reporting Boaower's change <br /> of address,then Borrower shall only rcport a change of address through that specified procedure. <br /> There may be only one designated notice address nnder this SecuriTy Instrument at any one time. Any notice <br /> to LenJer shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein <br /> unlcss Lender has desi�ated another addzess by notice to Borrower. Any notice in connection with this <br /> Secarity lusWment shall not be deemed to have been given to Lender until actnally received by Lendee lf <br /> any notice required by this Sewrity Instrument is also required under Applica6le Law,the Applicable Law <br /> requirement�t�ill saiisfy the corresponding rcquiremcnt uuder this Security Instrumwt. <br /> 16. GoverningLaw; Severability;Rulesof Construetion.This Security Instrumeut shall be govemed by <br /> federal law xnd the law of the jurisdictioi�iu which the Property is located. All rights aud obligations <br /> containad in this Security Iustrument are subject to any requirements and limitations of Applicable L,aw. <br /> Applicable Law might explicitly or implicitly allow the partics to agee by contract o�it might be silent, but <br /> such silence shall not be construed as a prohibition against ageement by wntrsct, In the event that any <br /> provision or clause of this Security[nsWment or the Note co�flicts with Applicable Law,sach conflict shall <br /> not affect other provisions of this Security instniment or the Note which can be given effect without the <br /> conflicting provision. <br /> As used in this Sccurity Inslrument: (a)�vords of the masculine gender shall mean and inclnde corresponding <br /> neuter words or words of the femininz gender; (b)words in the singalar shall mcan and include thc plural <br /> and vice versa;xnd (c)the word "may"gives sole disaetion without any obligation to txke any nction. <br /> 17. Bonower's Copy.Borrower shall be given one copy of the Note and of this Security Instrument. <br /> 18. Transferof the Propertyora Beneficiallnterest in Borrower.As us«i in this Scction 18, "Interest in <br /> the Property" means any legal or beneficial interest in the Property, including, but not limited to,those <br /> beneficial interests transfened in a bond for deed,contract for deed, installment sales contract or escrow <br /> agreement, the intent of which is the transfer of tifle by Borrower a[a fuh�re date to a purchaser. <br /> If all or any pxr[of the Property or a�y Interest in the Property is sold or transferred(or if Sorrower is not a <br /> natural persoo and a benefieial iuterest in Bortowcr is sold or transferred)withou[Lender'S prior written <br /> consent, Lender may reqttire immediate pa}nncnt in full of all sums seettred by[his Secarity instrument. <br /> However, this option shall not be exercised by Lender if such exercisc is prohibited by Applicablc Law. <br /> NEBRASKASingle Fam�lyFannie MaelFmtltlie Mac UNIFORM INSTRUNENT W ITH MERS Foim 3028 1/Ot <br /> VMP O VMP6AINE)(1105J.p0 <br /> W olten Kluwer Flnenciai Servlcee �Page 12 of R <br /> II I I II II'I I I III III II II I I II'IIIII�I II II I I I II I II III <br /> q03309249118 0233 313 1217 <br />