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201007732
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Last modified
1/11/2011 2:07:12 PM
Creation date
10/20/2010 4:36:13 PM
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DEEDS
Inst Number
201007732
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2oioo���� <br />There rnay be anly one designated notice address under this Security Instrument at any ane time. Any <br />notice to Lender shall be given by delivering it or by mailing it by �rst class mail to �,ender's address <br />stated herein unless I.ender has designated another addxess by notice to Borrower. Any notice in <br />connection with this Security Tnstrument shall not be deexned to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirennent will satisfy the corresponding requirement under this Secuxity <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument 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 Instrurnent are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />rnight be silent, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security InsCrument or Che Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting pravision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine 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. Barrawer shall be given one copy of the Note and of this Security Tnstrument. <br />1$. TransFer of th,e Property or a Benet5cial Interest in Borrower. As used in this Section 18, <br />"Interesc in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those bene�cial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreernent, 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 Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in Borrawer is sald or transfened) withaut Lender's priar <br />written consent, Lender rnay require immediate paymcnt in full of all sums secured by this 5ecurity <br />Instrument. However, this option sha11 not be exercised by Lender 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 vvith Section 15 <br />within which Borrawer must pay all sums secured by this Security Inst�rument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke az�y rexnedies permitted by this <br />Security Instivment without further notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower sha11 have the xight to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) �ive days before sale of the Property pursuant to any power of sal.e contained in <br />this Security Instrument; (b) such other period as Applicable Law rnight specify for the terrninacion of <br />Borrower's �ight to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />condiCions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenazats or <br />agreemencs; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and oCher fees incurred Por the <br />purpase of protecting Lender's interest in the Property and rights wa.der this Security Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interesc in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the suxns secured by this Security <br />Instnunent, shall continue unchanged. Lender may require that Borrower pay such reinstatemenC suams and <br />expenses in one or more of the following forms, as selected by I.ender: (a) cash; (b) money order; (c) <br />certi�ied 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; ox (d) Electronic <br />Funds Transfer. Upon reinstaternent by Borrower, this Security Instrurnent and obligations secured hereby <br />NEBRASKA - Single Family - Fpnnie MpelFreddia M�c UNIFQRM INSTRUMENT <br />�-6�NE) ros � i 1 Paae >> ot � 5 m�c�ais: Form 3028 7/01 <br />� <br />, - r ! 4 ` R <br />• r R ' . „ a <br />
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