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2oioo5~70 <br />'17rere may be only one designated notice address under this SCGUrity ]nslrurrtcnt tit any unc li,nC. Any <br />notice to Lender shall he Liven by delivering it or 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 wish this Security Instrument shall not he deemed to hove been given to Lender until actually <br />received by Lcndcr. If any notice rcquircd by this Security Instrurncnt is also rcquircd under Applicable <br />Law, the Applicable Law reyuiremenl will satisfy the Corresponding reyuiremenl under this Security <br />Tnstrumenl. <br />16. Governirrl; Law; SeveraLility; Rules of Construction. This Security Inslrumerrl 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 Security Instrument are sul?jeet to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or iurplicitly 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 u>nlraet. In <br />the event that any provision or Clause of this Security instrument or lhG Nl)lG Conl7icts with Applicable <br />Law, such Conllict shall clot affect other provisions of this Security Instrument ur the Note which eau he <br />given effect without. the contlicting provision. <br />As used in ibis Security lustrutnent: (a) words of lhG trlasculine gender shall mean and include <br />corresponding, neuter words ar words of the feminine gender; (h) words in lire singular shall mean and <br />include the plural and vice versa; and (e) the word "may" gives sole discretion without any obligation to <br />lake any action. <br />17. BorrowCr's Copy. Borrower shall be given one copy of the Notc alld of this Security Trlstrument. <br />18. Transfer of the Property nr a Beneficial Intcr~t in Borrower. As used in this Section 18, <br />"Interest in the Property" rncans any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond far deed, contract for decd, installment sales contract or <br />escrow agreement, the intent of which is the transfer of line by Borrower al a future dale to a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or il' Borrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) wiLlxrut. Lender's prior <br />wriilen consent, Lender may require immediate payment in full of all sulrls secured by this Security <br />Instrument. However, this optian shall not be exercised by Lender if such exercise is prohibited by <br />Applicable baw. <br />If Lender exercises this option, Lender shall give Borrower notice oC aGCeleral.ion. 'I'hc notice shall <br />provide a period of nut less than :30 days from rile date Lhe nulicc is given in accordance with Section 15 <br />within which Borrower must pay all sums secured by this Security Instrument. I1' Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security lnslrurnenl without further nulicc or demand on Borrower. <br />1J. Borrower's Right to Rcirtstatc After Acceleration. If Borrower niters certain Conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued al any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of salt contained in <br />this Security Tnstrumenl; (b) such other period as Applicable Law might specify for the lennination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. 'Those <br />CondltlonS are that Borrower: (a) pays Lcndcr all Sums wl11Ct1 then would hC due urldcr tt114 SCGUrity <br />Instrument and the Nole as if no acceleration had occurred; (b) cures any default. of any other covenants or <br />agreenlcnls; (c) pays all expenses incurred in enforcing thin Security Inntrurncnl, including, hul nut linlital <br />to, reasonable attorneys' fees, property inspection and valualiurr fees, and other fees incurred fur lire <br />purpose of protecting Lender's interest in the Property and rights under ttris Security Instrument; and (d) <br />lakes such action as bender may reasonably require to assure that Lender's irrleresl in the Property and <br />rights under this Security lnslnunent, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue Unchanged. Lcndcr may require that Borrower pay such reinslalement sums and <br />expenses in one or more of the following forms, as selected by bender: (a) cash; (h) nloncy 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 insured by a federal agency, instrurrlcntality or entity; or (d) Electronic <br />funds 7~ransfer. Upon reinslalement by Borrower, this Security Instrument and obligations secured hereby <br />~NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT J ~v" "- " <br />Wll ~-BINEI loaf i ~ P~Qe t t or i s initials: Form 3028 1 l01 <br />