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.2Q1007404 <br />There rnay be only one designated notic� addres� under this Security Tnst�n�ment at any one time. Any <br />norice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unle+ss L.eader has designated another address by noticc to Hormwer. Any notice in <br />connection with this Security Insnument shall not bc d�ccmed to have bee� given to Lendcr until actually <br />received by Lender. If any nntice required by this S�urity Instruz�ent is a�so required under Applicable <br />L�aw, the Applicable Law r�uirc�nent will satisfy the coxrespoaading requ.ixement under tlus Security <br />Cnsmunent. <br />16. Governing I.�w; Scverability; Rules of Constraction. This Security rnstnunent shall be <br />governed by fe�ieral law and the law of the jurisdiction in �a+hich the Pcaperty is located. All rigl�ts and <br />obligations Contained in this Security Inswment are subject ta any req�uirements and limit�tions of <br />Applicable I.aw. Applicablc Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be sil�t, but such silencc shall not be constn� as a prohibition a$sinst agr�nt by contract, In <br />the event t�at any provisinn or clau�e of tlxis Securiry Inatrument or the Note wnflicts with Applicable <br />Law, such conflict shall not affe�t other provisions of this Security Instnm�ent or the Note which can be <br />given effect without the canflicting provision. ' <br />As used in this Security Instrunoent: (a) words of the ma.9culine gender shall mean, and include <br />corresponding neuter words or words af the f�inine gender; (b) wards in thc singular slaall mean and <br />include the plural and vice versa; and (c) the woid "may" gives solv discre;tion without any obligatian to <br />t�ke any action. � <br />17. Botrrower's Copy. Borrower shall be given one copy of the Nnte a� of this Securit� Instnyment. <br />18. Trar�fer of the Pro�erty or a Scane�icial Interest iu Borrower. As used in tl�s Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, thase beneficial interests transferred in a bond for dced, cont�'aat far de�d� it�stall�qt salcs contract or <br />escrow , the intent of which is the transfer of title by Borrower at a firture date to a purGhaser. <br />'If 1 o�part of the Praperty or anq Inte►est in the Propert�y is sold or transferre� (or if Bornawer <br />is not a natural person ansd a benef cial inCerest in Barrower is sold or transferred) without Lec�r's prior <br />writCen consent, Leader may require immediate payment in fiill of all sums secu�red by this 58curity <br />Tnst�rwment. However, this opCion shall not be exercised by I.e�der if auch exerciae is prohibited by <br />Applicable Law. <br />If L�ender exercises this option, Lender slaall give Borrower notic;e of accelerazion. The notice shall <br />provide a period of not l�ss than 30 days from the date the norice is given in aocor�dance with Section 15 <br />within which Borrower must pay all aums secure�l by tttis Secnrity Inshument. If Hoxrawer fails to pay <br />these sums prior to tha oxpiration of this pvriod. Lendrr may invoke any remedies permitted by t}ais <br />Security �t without further notice or demand an Borrower. <br />19. Borrower's Right to Reinstate Af'ter Acceleradon. If Horrower meets cet�Cain conditions, <br />Borrnwer ahall have the right to have �aforce�nsnt of this Security Instnm�nt discontinued at any time <br />pridr to the earlicst of: (a) �ive daya before sale of the F�+opert3' pursuant W any power of sale cantained in <br />this Security Instrmment; (b) such other periad as Applicable Law tnight specify for the ternaination of <br />Borrower's right to reinstate; or (c) eatry of a judgment �orcing this Sacurity Instnunent. Those <br />conditions are that Harcower: (a) pays �.,ender all sums which then would be due under this Security <br />Instrument and che Note as if no a�celeratiom had ocxurred; (b) cures any default of any other covenants or <br />�reeinents; (c) Pays all eaGpenses inctyrred in enforcing this Security Instrument, including, but not limit�d <br />to, reasonable attorneys' fe�, P�F�h' �P�tion and valuation fees, and other fces incurred for che <br />puurpose of protecting Lendar's inte�rest in the Property and rig�ts under this Secuurity InsCrunnent; and (d) <br />ta� such action as I.ender may rea�onably require to assure that Lender's interest in the Property and <br />r�ghts under this Security lnstnunent, and Borrower's obligation w pay the sums se�ured hy this Security <br />InsUrum�nt� ahall continue unchangad. Lender may i+equine that Horrower pay such re�t �ums and <br />expea�es in on� or mnre of the following forms� as selected by Lsnder: (a) cash; (b) moneY order; (c) <br />certi�ivd check, bank check, treasuner'a check or ca�hier's ch�ck, Providad a�ry su�ch check is dravtm upan <br />an insdtution whose deposits are insured by a federal agency, inariumeatality ar cntity; or (d) Electronic <br />Punds Tranafer. Upon reinstatement by Borrower, this Seeurity InsWment and oblig�tions secured hereby <br />NEBRASKA - Sinple Family - Farwda Mee/Froddk Mac UNIWRM INS7RUM�NT <br />�-BINE11oe� �1 • �. �� o� �6 ink�ais: Form 3D28 7/07 <br />L <br />