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201000521
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Last modified
1/25/2010 4:03:37 PM
Creation date
1/25/2010 4:03:36 PM
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DEEDS
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201000521
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20~ooo~2i <br />There may be only one designated notice address under this Security hrstrument at any one time. Any <br />ratite to Lender shall be given by delivering it nr by mailing it by first class mail d Lender's address <br />stated herein unless Lender has designated another address by notice b 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 Irrstnunent is also required order Applicable <br />Law, the Applicable I,aw requirement will satisfy the corresponding requirement under this Security <br />Instnunen>: <br />16. Governing Law; Severability; Rules of Construction. This Security Ir>5lnrment shall be <br />governed by federal law aril We law of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security htstrvment are subject d any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be conslrrad as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security Ir>stnrment or the Note conrflicis with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instnrment or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Irrslrvment: (a) words of the masculine gender shall mean and include <br />corresponding Tauter words or worxls 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 tinny obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Lrstitrment <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used iu this Section 18, <br />"Irrter~t in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Property or arxy Interest in the Property is sold or transferred (or if Borrower <br />is not a rratru~rl person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written cor~ent, Lender may require immediate payment in full of all sums secured by this Security <br />L~stnunent However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleratiou. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Section 1S <br />within which Borrower must pay all srmts secured by this Security Instruuent If Borrower fails to pay <br />these surr~s prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower <br />19. Borrower's Right to Reinstate After Acceleration. Tf Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property prusuant to any power of sale contained in <br />this Security h~stnrment; (b) such other period as Applicable Law might specify for the ternunation of <br />Bonvwer's right to reinstate; or (c) entry of a judgment enforcing this Security InshumeM. Those <br />conditions are that Borrower: (a) pays Lender all sum which then would be due order this Security <br />Instrument aril the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incunaed in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, pzYrperty inspection anti valuation fees, anti other fees incurred for the <br />purpose of protecting Lerrtter's interest in the Property and rights order this Security Instrument; and (d) <br />takes such action as I,errder may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Lrstnument, and Borrower's obligation tp pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following fornns, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institution whose deposits are ir>sured by a federal agency, instnm~errtality or entity; or (d) Electronic <br />Ftiruds Transfer. Upon reinstatement by Borrower, this Security Imtrument and obligations secured hereby <br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration order Section 18. <br />001121095467 CitiMortg g 2. 66 V3 <br />NEBRASKA -Single Family - Fannle MaelFreddie Mac UNIFORM INSTRUMENT WITH ~~ <br />/` <br />~-BA(NE) ~osio) Pegs 11 or 15 Initials: - Form 3028 ~/~1 <br />
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