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201007515
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Last modified
1/11/2011 2:34:49 PM
Creation date
10/13/2010 3:45:22 PM
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DEEDS
Inst Number
201007515
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20i007515 <br />There may be only one designated notice address under this Security Instrument at any ane time. Any <br />notice to Lender shall be given by delivering it ar by mailing it by first class mail to Lender's addr�ss <br />stated herein unless Lender has designated anather address by notice to Borrower. Any nr�tice in <br />connecCion with this Security Instrument shall not be dserned to have been given to Lender until acfually <br />r�:ceived by Lender. Tf any notice required by this Security Instrument is also required under Applicable <br />I.aw, the Applicable Law requirement will satisfy the carrespaanding requirement under this Security <br />Instrument. <br />16. Governin;� Law; Severability; Knles of Construction, This 5ecurity Instrument shall be <br />governed by federal law and the law af th� jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any requirements and limitatians af <br />Applicable Law. Applic:abl� Law might explicitly or implicitly allow the parties to agrce by conlract or it <br />might be silent, but such silence shall not be construed as a prohibitian against agreement by contract. Tn <br />the event that any provision or clause of this Security Instrum�nt ar the Note conflicts with Applicable <br />Law, such conk7ict shall not affect other provisinns 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) wards af ttxe masculine gender shall mean and include <br />corresponding neuter wUrds c,iz wards of the feminine gender; (b) words in the singular shall m�an and <br />include the plural and vice versa; and (c) the ward "may" gives sole discretion without any obligation to <br />take any action. <br />17, Borrower's Copy. Borrower shall be given ane capy of the Note and of this Security Instrument. <br />18. Transfer ot' the Property or a Beneficial Interest in Borrc�w�r. As used in this Section 18, <br />"Interest in th� Prap�rty" means any legal or beneficial interest in the Property, inc:luding, but nat limited <br />ta, thase beneficial interests transferred in a bond for deed, contract for d��d, installment sales contract or <br />cscraw 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 af the Property or any Interest in the Property is sold or transfcrr�d (ar if B�rrUw�r <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lc:nder may require immediate payment in full of all sums secured by this Security <br />Instrument. However, this pption shall not be exercised by L.ender if such exercise is prohibited by <br />Applicable Law. <br />Tf T,ender exercis�s this option, L.ender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 3Q days from the date the notice is given in accordance wilh Sec[ion 15 <br />within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails ta pay <br />these sums prior to the �xpiration of this period, L.ender may invoke any remedies permitted by lhis <br />S�:curity Instrument without further notice or demand on Borrower. <br />19. Borraw�r's Right to Reinstate After Acceleration. If Borrower mccts certain canditians, <br />Borrpwer shall have the right to have enforcement of this SecuriCy Inst�rument discontinued at any time <br />prior to the earliest af: (a) five days before sale of the Property pursuant to any power af sals cantained in <br />this Security Instrument; (b) such other period as Applicabl� I.,aw might specify for the termination of <br />Borrc�wcr's right to reinstate; or (c) entry of a judgment enforcing this S�curity Instrument. Thase <br />GPXl(�1t1017S are that Borrower: (a) pays Lender all sums which thcn would be dus under this Security <br />Instrument and the Note as if no accelerationhad occurred; (b) cur�s any d�fault of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, praperty inspcctian and valuation 1'ecs, and other fees incurred for the <br />purpose of protecting Lender's interest in the Prop�rty and rights under this Secnrity Instrument; and (d) <br />takes such action as Lender may reasonably requirc to assure that Lcnder's int�rest in the Prap�rty and <br />rights under this Security Tnstrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may r�quire that Borrower pay such r�instat�ment sums and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) maney order; (c) <br />certified check, bank ch�ck, treasur�r's check or cashi�r's ch�ck, pravided any such check is drawn upon <br />an institution whose depasits ar� insured by a federal ag�ncy, instruznentality or entity; or (d) Electranic <br />Funds Transfer. tJpan reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFDRM INSTRUMEN � <br />�-6(NE) loai i 1 Peae � i o� i 5 i' �aig. Form 3028 1I01 <br />
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