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20100�825 <br />There may be anly one designated notic� address under this Security Instrument at any one time. Any <br />notice to I..ender shall be given by delivering it or by mailing it by first class mail to I.ender's address <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to Lender until actually <br />receivefl by Lender. If any notice required by this 5ecurity Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />] 6. Governing Law; Severability; Rules of Construction. This Security Instrurnent shall be <br />governed by fe�eral law and the law of the jwrisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instruiment are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or innplicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any provision ar clause of this Security Instrwmenc or the Note conflicts with Applicable <br />Law, such conflict sha11 not affect other provisions of this Se�urity Instrument or the Note which can be <br />given effeet without the conflicting provisiun. <br />As used in this Security Instrurnent: (a) words of the masculine gender shall mean and include <br />correspanding neuter words or words of the feminine gender; (b) words in tha singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation Co <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instxument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 1$, <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 deed, installment 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 Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural persan and a beneficial interest in Bonower is sold or transferred) witk�out Lender's prior <br />written consent, Lender may require imm�diate payment in full of all sums secuared by this Security <br />Instnunent. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />I F Lender exercises this option, Lender shall give Borrower notice of acceleratian. The natice shall <br />provide a period of not less than 30 days frpm the date the notice is given in accordance with Section 15 <br />within which Borrower rnust pay all sums secure� by this Security Instrurnent. If Borarower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies pernv.tte� by this <br />Security Instrument without further notice or demand on Borrowear. <br />19. Borrower's Raigk�t to Reinstate After Acceleration. If Borrower rneets certain conditions, <br />Borrower shall have the right to have enforcement of this Security �nstrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any pawer of 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 5ecurity Instnunent. Those <br />conditions are that Barrower: (a) pays Lender all swns which then would be due under this Security <br />Instn�ment and the Nate as if no acceleration had occurre�; (b) cures any default of any other covanants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not lirnited <br />to, reasonable attameys' fees, propeRy inspe�tion and valuation fees, and other fe�s incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as Lender may reasonably require ta assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligatian to pay the sums s�ure� by this Security <br />Instrument, shall continue unchanged. I.ender may require that Borrower pay such reinstatement sucns 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 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 reinstatement by Borrower, this Se�urity Instrurnent and obligations seeured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INS7RUMENT <br />�-6(NE) loa�tl Psse t� of 15 inieiais: �� Form 3028 1l07 <br />� <br />. � Pp f; � '�..> <br />