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2�lUU"�/09 <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 mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to $brrower. Any notice in <br />connection with this Security Instrument shal] not be deexned to have been given tn Lender until actually <br />received by Lender. lf any notice required by this Security Instrurnent is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this 5ecurity <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. 7'his Security Tnstrurnent shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by cnntract or it <br />mi�ht be silent, but such silence sha11 not be construed as a prohibition against agreement by contract. in <br />the event that any provision or clause af this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />�iven effect without the conflicting provision. <br />As used in this Security lnstrument: (a) words of the masculine �ender shall mean and include <br />corresponding neuter words or words of the feminine gender, (b) words in the singular shall rnean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any action. <br />17. Sorrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrurnent. <br />1$. Transfer of the Praperty or a Beneficial Interest in Sorrower. As used in this Section 18, <br />"Tnterest in the Property" means any legal or bene�cial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installrnent sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purcha.tier. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interesC in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender rnay require irnrnediate payment in full of all sums secured by this Security <br />Instrum�nt. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable I,aw. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />prpvide a period of not less than 30 days from the date the natice is given in accordance with Section 15 <br />within which Borrower rnust pay all surns secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any rsmedies permitted by this <br />Security Instrument without further notice or deznand on Borrower. <br />19. Sorrower's Right to Reinstate After Acceleration. If Borrower meets certain canditians, <br />Borrower shall have the right to have enforcement of this Security instrument discontinued at any time <br />prior to the earliest of: (a) �ve days before sale of the Froperty pursuant to any power of sale contained in <br />this 5ecurity Instrument; (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 />canditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrurnent and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enfarcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, praperty inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender' s interest in the Praperty and rights under this Security Instrument; and (d) <br />takes such action as Lender rnay reasanably require to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Borrower's pbligation to pay the sums secured by this Security <br />Instrument, sl�all continue unchanged. Lender rnay require that Borrawer pay such reinstatement sums and <br />expenses in one or znore of the following forms, 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 deposits are insured by a federal agency, instrumentality or entity; ar (d) Electronic <br />Funds Transfer. Upon reinstatexnent by Borrower, this Security Instrurnent and obligations secured hereby <br />230925 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT � <br />�-6(NE) �aa��� aage �� of 15 in�� Form 3028 1101 <br />� <br />