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7/13/2023 3:23:46 PM
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7/13/2023 3:23:44 PM
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202303550
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202303550 <br />Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might <br />be silent, but such silence should not be construed as a prohibition against agreement by <br />contract. Any action required under this Security Instrument to be made in accordance with <br />Applicable Law is to be made in accordance with the Applicable Law in effect at the time the <br />action is undertaken. <br />As used in this Security Instrument: (a) words in the singular will mean and include the <br />plural and vice versa; (b) the word "may" gives sole discretion without any obligation to take <br />any action; (c) any reference to "Section" in this document refers to Sections contained in this <br />Security Instrument unless otherwise noted; and (d) the headings and captions are inserted <br />for convenience of reference and do not define, limit, or describe the scope or intent of this <br />Security Instrument or any particular Section, paragraph, or provision. <br />18. Borrower's Copy. One Borrower will be given one copy of the Note and of this <br />Security Instrument. <br />19. Transfer of the Property or a Beneficial Interest in Borrower. For purposes of <br />this Section 19 only, "Interest in the Property" means any legal or beneficial interest in the <br />Property, including, but not limited to, those beneficial interests transferred in a bond for deed, <br />contract for deed, installment sales contract, or escrow agreement, the intent of which is the <br />transfer of title by Borrower to a purchaser at a future date. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or <br />if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) <br />without Lender's prior written consent, Lender may require immediate payment in full of all <br />sums secured by this Security Instrument. However, Lender will not exercise this option if such <br />exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender will give Borrower notice of acceleration. The <br />notice wilt provide a period of not less than 30 days from the date the notice is given in <br />accordance with Section 16 within which Borrower must pay all sums secured by this Security <br />Instrument. If Borrower fails to pay these sums prior to, or upon, the expiration of this period, <br />Lender may invoke any remedies permitted by this Security Instrument without further notice <br />or demand on Borrower and will be entitled to collect all expenses incurred in pursuing such <br />remedies, including, but not limited to: (a) reasonable attorneys' fees and costs; (b) property <br />inspection and valuation fees; and (c) other fees incurred to protect Lender's Interest in the <br />Property and/or rights under this Security Instrument. <br />20. Borrower's Right to Reinstate the Loan after Acceleration. If Borrower meets <br />certain conditions, Borrower will have the right to reinstate the Loan and have enforcement <br />of this Security Instrument discontinued at any time up to the later of (a) five days before any <br />foreclosure sale of the Property, or (b) such other period as Applicable Law might specify for <br />the termination of Borrower's right to reinstate. This right to reinstate will not apply in the case <br />of acceleration under Section 19. <br />To reinstate the Loan, Borrower must satisfy all of the following conditions: (aa) pay <br />Lender all sums that then would be due under this Security Instrument and the Note as if no <br />acceleration had occurred; (bb) cure any Default of any other covenants or agreements under <br />this Security Instrument or the Note; (cc) pay all expenses incurred in enforcing this Security <br />Instrument or the Note, including, but not limited to: (i) reasonable attorneys' fees and costs; <br />(ii) property inspection and valuation fees; and (iii) other fees incurred to protect Lender's <br />interest in the Property and/or rights under this Security Instrument or the Note; and (dd) take <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />FORM 3028 07/2021 <br />Page 18 of 22 <br />Powered by Docu Prep Inc. 2023 Fs15846 <br />
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