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, , � i� � <br /> �� � � � 6029 <br /> designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br /> Borrower's change of address. If Lender specifies a procedure for reporting Borrowet's change of address, <br /> then Borrower shall only report a change of address through that specified procedure. <br /> There may be only one designated notice address under this Securiry Instrument 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 /> Security Instrument shall not be 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 Security Instrument. <br /> 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br /> federal law and the law of the jurisdiction in which the Property is located. All 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 shall not be construed as a prohibition against agreement by contract. In the event that any <br /> provision or clause of this Security Instrumeut or the Note conflicts with Applicable Law, such conflict shall <br /> not affect other provisions of this Security Instrument or the Note which can be given effect without the <br /> conflicting provision. <br /> As used in this Securiry Instrument: (a) words of the masculine gender shall mean and include corresponding <br /> neuter words or words of the feminine gender; (b)words in the singular shall mean and include the plural <br /> and vice versa; and (c)the word "may" gives sole discretion without anq obligation to take any action. <br /> 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br /> the Property" means any legal or beneficial interest in the Property, including, but not limited to, those <br /> beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow <br /> agreement, the intent of which is the traasfer of title by Borrower at a future date to a purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or transferred(or if Borrower is not a <br /> natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br /> consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. <br /> However,this option sha11 not be exercised by Leader if such exercise is prohibited by Applicable Law. <br /> If Lender exercises this option, Lender sha11 give Borrower notice of acceleration. The notice sha11 provide a <br /> period of not Less 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 Instrument. If Borrower fails to pay these sums prior to <br /> the expiration of this peciod, Leader may invoke any remedies permitted by this Securiry Instrument without <br /> further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain coaditions, Borrower <br /> shall have the right to have enforcement of this Securiry Instrument discontinued at any tune 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 Bocrower's right to <br /> reinstate; or(c) entry of a judgment enforcing this Securiry Instrument. Those conditions are that Borrower: <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 attarneys' fees, <br /> property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br /> � <br /> NEBRASKA-Si�gle Family-Fannie Mae/Freddie Mae UNIFORM INSTRUMENT Form 3028 1/01� <br /> VMP p � � � � � VMP61NE1(1302).00 <br /> Wolters Kluwer Financial Services Page 12 of 17 <br />