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200909447
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Last modified
12/1/2009 3:30:55 PM
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12/1/2009 3:30:54 PM
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DEEDS
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200909447
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~~U~t~g447 <br />There may be only ono designated notice address under this Security Insntiunent at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address <br />state~el herein unless tender has designattxi another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is also rcgttired under Applicable <br />Law, the Applicable Law .requirement will satisty the corresponding requirement under this Security <br />Instrument. <br />l6. Governing law; Severability; Rules of Construction. This St~urity Instrument shall be; <br />governed by federal law and the law of the jurisdiction. in which the Property is located. All rights and <br />obligations contained in this Sccttrity .Instrtument are subject to any .requirements and limitations of <br />Applicable Law..Appl.icable Law tnight explicitly ar implicitly allow the parties to agree by contract o.r it <br />[tnight be silent, but such silence shall not be construed as a prohibition against agreement by contract. hi <br />tlae event that any provisian or clause of this Security Iustrument or the Note conflicts with Applicable <br />Law, such wnllict shall oat affect: other provisions of this Security Instrument or the Note. which can be <br />given effect without the conflicting provisian. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean :md include <br />corresponding neuter wards or wards of the feminine gender; (b) wards in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation Co <br />take any action. <br />1.7. Borrower's Copy. Harrower shall be given one copy of the Note attd of this Security .Instntment. <br />18. Transfer of the Property or a Bene#icial 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 littutexl <br />to, those benel:tc.ial interests transferred in a bond far deed, contract far deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Forrower at a future date to a purchaser. <br />If all or any part of rho. Property or any Interest in the Property is sold or transferred (or if Borrowor <br />is not a natural parson and a beneficial interest in Harrower is sold or transferre~cl) without Le:nder's prior <br />written consent, Lender tray require itrunediate paytxtent in full of all stuns secured by this Scx:ttrity <br />Instrument. However, this opciou shall not be exercisui by Lender if such exercise; is prohibited by <br />.Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceletatian. The notice shall <br />provide: a periacl of not less than 30 days from the date the notice is given in accordance with Section 15 <br />within which Harrower mast pay all sums soured by this SeAc:urity Instrument. If Borrower fails to pay <br />these sums prier to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrtunent without further natice or demand on Harrower. <br />19. Borrower's Rigltt to Reinstate After Acceleration. If Iorrower meets certain conditions, <br />Borrower shall have the .right to have enforcement of this Se'curiry Instrtuxtent discontinued at any tit~ae <br />prior to the earliest of: (a) five days before sale of the Property pttrsuattC to any power of sale contained .in <br />this Security LZStrutnent; (b) such other period as Applicable taw tnight specify far the tertninatian of <br />Borrower's right Co reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Borrrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration haci occurred; (b) curets any default of any other covenants or <br />agreements; (c) pays all cxpense~s incurred in enforcing this Security Instrument, including, but not limited <br />lo, reasonable attarne;ys' fees, property inspection and valuation foes, and other fees incurrcxi for the <br />pttrpase of protecting Lender's tnterest in the Property and rights under this Security Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />.rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender tray require that Harrower pay such reinstatement sums and <br />expenses in one or mare of the following fo.rtns, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check ar cash.ier's check, provided any such cheek .is drawn upon <br />an institution whose deposits are insured by a federal agency, instrutncntality or entity; ar (d) Electronic <br />Funds Transfer. LJpan reinstatement by .Borrower, this Security Instntment and obligations secured hereby <br />shall remain fully effective as if no acceleration had occurred. Ilowever, this right to reinstate shall oat <br />apply in the case of acceleration under Sc~tion 18. <br />$$0074520p 8800745200 <br />NEBRASKA -Single Family -Fannie MaelFreddis Mac UNIFORM INSTRUMENT WITH~y <br />-6A(NE) ioaioi Page 11 or 15 i~a~ais: ./tom Form 31128 1IU9 <br />
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