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201005053
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201005053
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Last modified
7/21/2010 2:54:27 PM
Creation date
7/21/2010 2:54:26 PM
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DEEDS
Inst Number
201005053
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201005053 <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 or by trailing 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 net be deemed to Nava 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; Severability; Rules of Construction. This Security Instrument shad 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 Security lnsttutnent are subject to 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 construed as a prohibition against agreement by wntract. In <br />the event 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 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 ar wards 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 action. <br />]7. Borrower's Copy. Borrower shall be given ono espy of the Note and of this Security Instrument. <br />18, Transfer of the 1'lroperty or a Beneficial Interest in Borrower. As used in this Section l8, <br />"Interest in the Property" moans any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract far deed, installment sales contract or <br />escrow agreotnent, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or arty part of the Property. or any Interest in the Property is sold car transferred (or if Harrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prier <br />written consent, Lender may require immediate payment in full of ali sums secured by this Security <br />Instrument. Howevex, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law, <br />If Lander exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Section IS <br />within which Banrower must pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any retnodies perTnitted by this <br />Security Instrument without further notice or demand an Borrower. <br />19, Borrower's Right to Reinstate After Acceleration. If 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 pursuant to any power of sale wntained in <br />this Security Instrurnont; (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 are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Nate as if no acceleration had occurred; (b) cures any default of any ether 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 ether fees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Inswrnent; 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 may require that Harrower pay such reinstatement sums and <br />expenses in one ar more of the following farms, as selected by Lender: (a) cash; (b) money order; (c} <br />certified check, bank chock, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institution whose deposits are insured by a federal agency, irtstrutnentality or entity; ar (d) Electrnttic <br />Funds Transfer. Upon reittstatemont by Borrower, this Security Instrument and obligations secured hereby <br />NLaiRASKA -Single Family -Fannie Ma•/Fr~ddis Mac UNIFORM INSTRUMENT <br />-fi1NEl 10611! Pepe 71 of 16 ~ni[ie~s: ~~... Form 3028 1101 <br />~ "~~ <br />
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