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201207195
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8/29/2012 9:09:18 AM
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8/29/2012 9:09:17 AM
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DEEDS
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201207195
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201207�9J <br />designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Borrower's change of address. If Lender spe,cifies a procedure for reporting Borrower's change of address, <br />then Bonower shall only report a change of address through that specified procedure. <br />There may be only one designated notice address under this Security Insmiment at any one time. Any notice <br />to Lender shall be given by delivering it or by mailing it by fust class mail to Lender's address stated herein <br />unless Lencter has designated another address by notice to Borrower. Any notice in conne,ction with this <br />Se,cut�ity Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any notice required by this Security Insm�ment is also required under Applicable Law, the Applicable Law <br />requirement will satisfy the conesponding requirement under this Security Instrument. <br />'t6. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br />federat lavv and the law of the jurisdicrion in which the Property is located. AlI 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 shail not be cc�strued as a prolubition against agr�ment by cantract. In the event ttiat any <br />provision or clause o� this Security Instrunient oa the Note contIicts with Applicable Law, such conflict shall <br />not a€fect ather gmvisioffi of this Security Instrument or the l�ote which can be given eff�x without the <br />c:o�tlictiag provisioa. <br />.4s use� in tt�s Security Iustnunent: (a) words of the masculine gender shail �ean and include conesponding <br />n�u�es v�rords or words of tlie femitsine gender, (b) words in the s'vsg�rlar shalZ me,an anct include the plural <br />arn� � v�;sa; �(c) ffie wurct "may" gives sole discsetion without aay obTigation to take aay action. <br />'i �. BciRrodv�'s �ctpy. �ormwer shaiF be given one copy of the Note a�. of tflis �urity In�at. <br />T8. T�ansfer of tF�e l�perty or a Beree4�t�at ire#erest in Borrower. As used in t�is Sectioa I8, "Interest in <br />tlse Frop�ty" m�ns any Iega� ��efcia� interest in the Property, inctuding, but not timsted to, tho� <br />benefccia� intere.sts tc�sferre� ffi� b�rcd fQr cfieect, contract for d�d, i�nst�Il�ent sales coatract or escrowr <br />agre�mern, t�e inten� o€ which is the tcansfer of ride by �orrower at a future date to a gurcbaser. <br />If all or an�r gart of the Property or azry Interest in the Property is soId or transfened (or if Borrower is not a <br />natu�al persoa aad a beneficial inter�t in Borrower is sold or transferred) without Lender's prior written <br />conseat, I.ender may require irnmediate payment in full of alI sums secured' by this Security Instnunent. <br />F�owever, t�tis optivn sl�all not be e�¢ercised by Lender if such exercise is prohibited by Aipglicable Law. <br />If L.ender exercises this option, I�nder shall give Borrower norice of accelerativn. The notice shall provide a <br />peri� of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay a11 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the exgiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower <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 5ecurity <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 are that Borrower: <br />(a) pays Lender all sums which then would be due under this S�urity 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 attorneys' fees, <br />property inspecrion and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 7/07 <br />VMP � VMP6�NE) (1105) <br />Wolters Kluwer Financial Servic� Page 12 of 17 <br />
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