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201207581
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9/12/2012 9:04:19 AM
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9/12/2012 9:04:19 AM
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DEEDS
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201207581
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��1�0���� <br />LOAft #a OQ38347852 <br />Lend� of Borrower's change aP address. If Lender specifles a pracedure for reporting BvROwer's chenge <br />of address, then Borrower shail only report a change of address i�rough that specified procedure. There <br />may be only one de.signated notice addre� under this Security Instrument at any one time. Any notice to <br />Lender shall be giv+en 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 natice in connection with this <br />Security Instrument shall not be deem�J to have been given to Lender unfil actually received by Lender. <br />tf any notice required by this Security Instrument is also required underApplicable Law, theAppa�bie Law <br />requirement will sat[ssiy the correspondfng requiremerrt under this Security Instrument <br />16. Gaverning Law; Severab�lityl; Rules of Construatlon. 'This Security Instrument shall be <br />governed by federal law and the lawr of the jurisdictlon in which the Property is located. All rights and <br />obligations contained in ifiis Security Instrument are subject to any requirements and limitatians of <br />AppUcabie Law. Applicable Law might explicitly or implicitly ailow the parties to agree by contract or it <br />might be sflent, but such silence shall not be construed as a prohibi�on against agreement by contract <br />In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />l.aw, such cor�flict shall not affect other provisions of this Secur'ity Instrument or the Note which can be <br />given effect �roithout the confliating provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligatlon <br />to take any actlon. <br />17. Borrowe�'sCopy.BorrowershallbegnrenonecopyoftheNoteandofthisSecuritylnstrument <br />18. Transfer of the Property or a Beneflcial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal ar beneficial interest in the Property, including, but not limited <br />to, those beneflcial interests transferred in a bond for deed, contractfor deed, installment sales contract <br />or escrow agreement, the intentofwhich isthe transferoftitle by BoROwer atafuture date to a purchaser. <br />if all or any part of the Property or any Ir�terest in the Propetty is sold or transferred (or if Borroaver is not <br />a natural person and a beneficial irrterest in Sarrower is sold or transferre� without Lender's priar written <br />cansent, Lender may fequire Emmediate payment in full of all sums secured by this Security Instrument <br />However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of nat less than 30 days from the date the notice is given in accordance writh Secti�n <br />15 within which Borrower must pay all sums secured by this Security Instrument. If Bonower fails to pay <br />these sums prior to the e�iration of this period, Lender may invoke sny remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Relnatate After Acceleration. ff Borrower meets certain conditiona, <br />Borrower shall have the right to have enforaement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) flve days before sale of the Properly pursuant to any powe� of sate contained <br />in this Security Instrument; (b) such other periad as Applicable Law might specify for the termination <br />of Borrower's right to refnstate; or (c) entry of a judgment enforcing this Security Instrument Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the IVote as if no acceleration had occurred; (b) cures any default of any ather covenants <br />or agreements; (c) pays all expenses incurred in eMorcing this Security Instrument, including, but not <br />limited to, reasonable attomeys' fees, property (nspection and valuation fees, and other fees incurred <br />for the purpose of protec�ng Lender's interest in the Property and rights underthis Security Instrument; <br />and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the <br />Properly and rights underthis Securiiy Instrument, and Borrower's obligation to pay the sums secured <br />by th(s Securtty instrument, shall continue unchanged. Lender may require that Borrower pay such <br />reinstatement sums and expenses in one or more ofthefollowingforms, as selected by Lender: (a) cash; <br />(b) money order; (c) cerdfled check, bank check, treasurer's check or cashier's check, provided any <br />such check is drawn upon an institutionwrhose deposits are insured by afederal agency, instrumentality <br />or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument <br />and obligations secured hereby shall remain fully effective as if no accelera�ion had occurred. However, <br />this right to reinstate shall not appiy in the case of acceleratian under Section 18. <br />20. Sale of Note; Chenge of Loan Servlcer; Natice of Grlev�nce. The Note or a partial interest <br />in the Note (together writh this Security Instrument) can be sold one or more times wlthout prior noiice <br />to Borrower. A sale might result in a change fn the enUty (known as the "Loan Senricer"} that collects <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this Security instrument, and Applicable Law. There also mfght <br />be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the <br />Loan Senricer, Borrowerwill be given wriiten notice ofthe change which wil{ state the name and address <br />of the new Loan Servicer, the address to which payments should be made and any ather information <br />RESPA requires in connection wii'� a notice of transfer of servicing. If the Note is sold and thereafter the <br />Loan is senriced by a Loan Setvicer o�er than the purchaser of the Note, the mortgage loan setvicing <br />obligations to Borrowerwill remain with the Loan Senticer or be transferred to a succe.ssor Loan ' r <br />and are not assumed by the Idote purchaser unless otherwise provided by the Note purch <br />Initiala: � <br />NEBRASKA-Single Fsmily—Fannie Mae/Fredc6e A9ac UNIFORM iNBTRUMENT Form 30281101 <br />Online Dooumenta, Ina Page 9 of 11 idEEDEED 1108 <br />
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