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201704342 <br />LOAN #: 046238 <br />Borrowe has designated a substitute notice address by notice to Lender. Borrower shall promptly notify <br />Lender o • Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change <br />of addres , then Borrower shall only report a change of address through that specified procedure. There <br />may be o ly one designated notice address under this Security Instrument at any one time. Any notice <br />to Lende shall be given by delivering it or by mailing it by first class mail to Lender's address stated <br />herein un ess Lender has designated another address by notice to Borrower. Any notice in connection <br />with this '.ecurity Instrument shall not be deemed to have been given to Lender until actually received <br />by Lende . If any notice required by this Security Instrument is also required under Applicable Law, the <br />Applicabl° Law requirement will satisfy the corresponding requirement under this Security Instrument. <br />16. governing Law; Severability; Rules of Construction. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligation- contained in this Security Instrument are subject to any requirements and limitations of <br />Applicabl: Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be -ilent, but such silence shall not be construed as a prohibition against agreement by contract. <br />In the eve t that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effe t without the conflicting provision. <br />As us d in this Security Instrument: (a) words of the masculine gender shall mean and include <br />correspon•ing 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 obligation to <br />take any a tion. <br />17. B ' rrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Tr: nsfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those b - neficial interests transferred in a bond for deed, contract for deed, installment sales contract <br />or escrow .; greement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or : ny part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not <br />a natural p ° rson and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, L: nder may require immediate payment in full of all sums secured by this Security Instrument. <br />However, t is option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lend r exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a •eriod of not less than 30 days from the date the notice is given in accordance with Section <br />15 within hich Borrower must pay all sums secured by this Security Instrument. If Borrower fails to <br />pay these -ums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security In .trument without further notice or demand on Borrower. <br />19. Bo rower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br />shall have t e right to have enforcement of this Security Instrument discontinued at any time prior to the <br />earliest of: (:) 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 Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: <br />(a) pays Le der all sums which then would be due under this Security Instrument and the Note as if <br />no accelera ion had occurred; (b) cures any default of any other covenants or agreements; (c) pays all <br />expenses in urred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' <br />fees, prope inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's <br />interest in th Property and rights under this Security Instrument; and (d) takes such action as Lender may <br />reasonably -quire to assure that Lender's interest in the Property and rights under this Security Instrument, <br />and Borrow: is obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br />Lender may equire that Borrower pay such reinstatement sums and expenses in one or more of the following <br />forms, as se ected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check <br />or cashier's heck, provided any such check is drawn upon an institution whose deposits are insured by a <br />federal agen y, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br />this Security nstrument and obligations secured hereby shall remain fully effective as if no acceleration had <br />occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. <br />20. Sal. of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest <br />in the Note ( ogether with this Security Instrument) can be sold one or more times without prior notice <br />to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects <br />Periodic Pa ments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obl gations under the Note, this Security Instrument, and Applicable Law. There also might be <br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the <br />Loan Servic=r, Borrower will be given written notice of the change which will state the name and address <br />of the new Lean Servicer, the address to which payments should be made and any other information <br />RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the <br />Loan is servi ed by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing <br />obligations t Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer <br />and are not - ssumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />NEBRASKA -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />Ellie Mae, Inc. Page 9 of 11 <br />NEEDEED 0315 <br />NEEDEED (CLS) <br />06/23/2017 09:43 AM PST <br />