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201003159 <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be given by delivering it ar by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated 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 required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severabillty; Rules of Construction. This Security Instrument shall e <br />governed by federal law and the law of the jurisdiction in which the Proe uriremen~saand lilmrtagons of <br />obligations contained in this Security Instrument are subject to any q <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 construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security Instrument ox 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 effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gendevessole d~scretionewithout any abl'~a on to <br />include the plural and vice versa; and (c) the word "may" g <br />take any action. of the Note and of this Security Instrument. <br />17. Borrower's Copy. Borrower shall be given one copy <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in brut notrlirnited <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, <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 Pxoperty or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in Bo me trin full of allnsftrms s ured by~thseSecuri Y <br />written consent, Lender may require immediate pay <br />Instrument. 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 acceleration. The notice s <br />provide a period of not less than 3D days from the date the notice is given in accordance with Section 15 <br />within which Borrower must pay all Burns secured by this Security Insttume rem~ies ermittaedsby this <br />these sums prior to the expiration of this period, Lender may invoke any P <br />Security Instrument without further notice or demand on Harrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Harrower 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 pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions aze that Harrower: (a) pays Lander all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />ta, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest in the Pxoperty and rights under this Security Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that L,ender'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 may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by ro vded any such check sedrawn upon <br />certified check, bank check, treasurer's check or cashier's check, p <br />an institution whose deposits aze insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM IN57RUMEN71tiaia: Form 3028 1101 <br />Page 11 of 15 <br />-6(NE) goal t1 <br />a~N ~ ' '! <br />y <br />