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201207135
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Last modified
8/28/2012 8:09:10 AM
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8/28/2012 8:09:10 AM
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DEEDS
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201207135
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20�207i3� <br />designated a subsritute norice address by notice to Lender. Borrower shall promptly notify Lender of <br />Bonower'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 l� only one designate� notice address under this Se,curity Insttument 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 designat�i another address by notice to Bonower Any, norice in connecrion with ttus <br />Se,curity Instrument shall not he deemed to have been given to Lender until 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 satisfy the corresponding requirement under this Se,curity Instrument. <br />16. CsAV�ing F..aw; Severabitity; Rules of Construction. Tfiis Security Instrument shall be governed by <br />federal law aud the law of the jurisdiction in which the Property is located. AlI rights and obligations . <br />coatained in this Security It�strument are s�jec��to any requirements and limitations of Applicable Law. w= <br />Apg�icahle I.aw might explicitly or implicitly atlow the parties to agree by contract or it might be silent, but <br />suc�i silenr.e shall uot be coastruec� as a proh�bition against agreement by contract. In the event that any <br />grovisioa or clause of this Security �_�*M�-^-* or the Note conf[icts with Applicable Law, such conflict shall <br />not affect otfier provisions of this Seeurity Tnstrument or the Note which c� be giveB effect withaut the <br />con8ictiag provision. <br />As used in this Security I�t: (a} v�ords of tfie mase�rliIDe ge�der shatl mean �nd 'mclude conesponding <br />�tter v�rorc�s ar words of t�e f�e gen�; (tr) worc£s ffi t� si�tar shal� me.an anc� include the plurai <br />arn� vice v�rrsa; and (c) the v�rc€ "m�y" gives soEe c�iscretio�a wit�ro� aalr abligation to take any actioa. <br />'P7_ Barc�nr�sr's �py. Bo�wer sE��II be givea cme c;o�ay of the l�te a� of t&is Security Tn�unent. <br />'t8. '�raets�er o� the Prosevty ot a Be�rs�l Ce�terest ire B��t�r. As used in this Section 18, "Interest in <br />t� Property" m�s any Iega� o� F�eficia�. iaterest � the Property i�cludigg, but not limite� to, those <br />b�efeial iaterests transfene,c� au a boa� fas d�, coatract fo$ �, �Ilment sales contract or escrov�r <br />agr�tt, the intent of which i� the transfer of titte by Borro�ver at a future date to a gurchaser. <br />Tf aII or any part of the Property or axcy Irnere.st in the Progerty is sold or tr�.sferred (or if Borrower is not a <br />natur�t person and a beneficial iitterest in Borrower is sold or transfened) without Lender's prior written <br />co�t Lertder may require im�r►ediate pa.yment in fiilI of aF� su�s s� by tfiis Security Instrumeat. <br />�Fawe�rrer, this option sha11 aot i� exercis�£ by Lender if su�lt exerc�se is prohibited by Applicable Law. <br />If E.ender exercises this option, F�nc�er shall give Horrower notice o£ acc�ieration. The norice shall provide a <br />period of not Iess than 30 days from the date the notice is given in accor�ance with Section 15 within which <br />Bormwer must pay all sums secure� by this Security Inst�ment. If Borrower fails to pay these sums prior to <br />tfie expiration of this period, I.ender may invoke any remedies �rmitted by this Security Insmiment without <br />fcttther notice or demand on Borrower. <br />'f 9. Borrower's Right to Reinstate After Accelerafion. If Borrower me,ets certain conditions, Borrower <br />stiail 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 ternunation of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: <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 />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-S(ngle Family-Fannie Mea/Fraddie Mec UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPB(NE) (7105) <br />Wotters Kluwer Financial Servtces Page 12 of 17 <br />
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