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201007478
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Last modified
1/11/2011 1:39:38 PM
Creation date
10/12/2010 4:16:03 PM
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DEEDS
Inst Number
201007478
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�oiuu��7s <br />There may be only one designated notice address under this Security Instrurnent at any ane time. Any <br />notice to I.ender shall be given by delivering it or by mailing it by first class mail ta I.ender's address <br />stated herein unless Lend�r has designated another address by natice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deeme�i to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instniment is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instzument. <br />lb. Governing Law; Severability; Rules of Construction. This Security Instrument shall be <br />governe� by federal law and the law of the jurisdiction in which the ProperCy is located. All rights and <br />obligations contained in this Security Instrument are subject ta any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allaw the parties to agree by cantract or it <br />might be silent, but such silence shall not be construed as a prohibition against ag�ment by contraet. In <br />the event that any provision or clause of this S�urity Instrument or the Note contlicts with Applicable <br />Law, such conflict shall not affect other provisions of tt�is Security Instrument or th�e Note which can be <br />given effect without the conflicting provision. <br />As used in this Se�urity Instrument: (a) words of the masculine gender shall mean and include <br />rarresponding neuter words or words of the ferninine 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 />17. Borrower's Copy. B�rrawer shall be given one copy of the Note and of this Security In�st�rument. <br />18. Transfer of the Property or a Sene�cial Interest in Bonrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those bene�icial interests transferred in a bond for dced, contract for de.ecl, installrnent 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 Froperty or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender rnay require ima�n.ediate payment in full of all sums secured by this Securiry <br />Instniment. However, this option shall not be exercise� by I.ender if such exercise is prohibited by <br />Applicable Law. <br />If I.ender 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 15 <br />within which Borrower rnust pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these swms prior ta the expiration of this period, I.ender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Bozxower. <br />19. Borrowe�r's Right to Reinstate After Accelexation. If Borrower meets certain canditions, <br />Borrower shall have the right to have enforcement of this Se�urity Instniment discontinued at any tirne <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power af sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the ternunation 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 Lend�r all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration k�ad occurred; (b) cures any default of any other covenants or <br />agrc�ments; (c) pays all expenses incurred in enforcing this Security Instnunent, including, but not limited <br />ta, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting I.ender's interest in the Property and rights under this Security Instnunent; and (d) <br />takes snch action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Instniment, and Borrower's obligation to pay the sums secured by this SecuriCy <br />Instrument, shall continue unchanged. I.ender may rec�uire that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forcx�s, 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 depasits aze insured by a federal agency, instnimentality or entity; or (d) �lectronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instniment and obligations secured hereby <br />NEBRASKA - Single Family - Fannia MaelFreddie Mac UNIFORM INSTRUMEN7 <br />�-6(NE) los>>1 Page 11 of �5 in�t�ais: �� Form 3028 1(01 <br />m <br />���� 4 ..t. y; 1 ., :J <br />
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