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201007820
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Last modified
1/11/2011 2:34:53 PM
Creation date
10/22/2010 3:52:01 PM
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DEEDS
Inst Number
201007820
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20104�8�0 <br />There may be only one designated notice address under this Security Instrument at any one tirne. Any <br />notice to Lender shall be given by delivering it or by mailing it 6y first class mail to Lender's address <br />stated herein unless Lender has designated aziother address by notice ta Sorrower. Any notice in <br />connection with this Security Instrurnent shall not be de�med to have been given to Lender until actually <br />received by Lender. If 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 Security <br />Instrument. <br />16. Governing Law; 5everability; Rules of Con�struction. 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 Se�urity Instrument are subject to any requirements and lirnitations of <br />Applicable Law. Applicable Law might explicitly or irnplicitly allow the parties to agree by cantract or it <br />might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts witb Applicable <br />Law, such conflict shall not affect other provisions of this Security Instnunent or the Note which can be <br />given effect withaut the conflicting provision. <br />As used in this Security Instrurnent: (a) wards af the maseuline gender shall mean az�d 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 abligation to <br />take any action. <br />17. Borrawer's Copy. Borrower shall be given one copy of the Note and of this Secwrity Instrument. <br />18. Transfer of the Property or a Bene�cial Inte.� in Borrower. 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 />ta, those beneficial interests transferred in a bond for dced, contract for deed, installment sales contract or <br />escrow agreernent, the inte�nt of which is the transfer of title by Bonawer at a future date to a purchaser. <br />If all ar any part of the Property ar any Interest in the Property is sold or transfened (ar if Borrower <br />is not a natural person and a beneficial interest in Borrower is sald or transferred) withaut Lender's prior <br />written consent, Lender may require immediate payment in futi of all sums secured by this 5ecurity <br />Instrument. However, this option shall not be exercised by I.ender if such exercise is prohibited by <br />Applicable Law. <br />If I.ender exercises this option, I.ender shall give Borrower natice 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 Bonower rnust pay all sums secured by this Security Instnunent. If Bonower fails to pay <br />these sums prior to the expiration of this period, I.ender may invoke any remedies per�nitted by this <br />Security Instrument without further notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower me�ts certain conditions, <br />Borrower shall have the right to have enforcement of ttus Security Instnunent discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale containe� in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry af a judgrnent enforcing this Security Instrument. Those <br />conditions are that Borrower: (a) pays I.ender all sums which then would be due under this Security <br />Instnument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurced in enforcing this 5ecurity Tnstnxment, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of pratecting Lender's interest in the Property and rights under this Security Instrument; and (d) <br />takes such actian as Lender may reasonably rec�uire to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the surns secure� by this Seeuriry <br />Instrument, shall continue unchanged. Lender may require that Barrawer pay such reinstaternent sums and <br />expenses in one or more of the following fornas, as selected by Lender: (a) cash; (b) money order; (c) <br />certifiecl 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; or (d) Electronic <br />Funds Transfer. Upon reinstaternent by Borrower, this Security Instrurnent and obligations secured hereby <br />NEBRASKA - Single Family - F�nnie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �os�i� Page �� of 15 innieis: Form 3028 7/07 <br />� <br />.. . � . { 9 .. , <br />r � a t`� <br />� <br />� <br />
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