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2oioasl�2 <br />There rnay be only one designated natice 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 �rst class rnail to Lender' s address <br />stated herein unless Lender has designated another address by notice to Barrower. Any notice in <br />connection with this Security Instrument shall not be deemed 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 requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severab'rlity; Rules of Construction. This Security Instrument shall he <br />governed by federal law and the law of the jurisdiction in which the Property is lacated. All rights and <br />obli�ations 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 contract or it <br />might be silent, but such silence shall nat be construed as a prohibition against a�reement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such canflict shall not affect other provisions 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) words of the masculine gender shall mean and include <br />corresponding neuter words ar words of the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "rzaay" gives sole discretion without any obligation to <br />take any action. <br />17. Sorrower's Copy. Bvrrower shall be given one copy of the Note and of this Security lnstrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrawer. As used in this Section 18, <br />"Interest in the Property" means any legal or bene�cial interest in the Praperty, including, hut nat limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract ar <br />escrow agreement, tha 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 $orrower <br />is not a natural person and a beneficial interest in Borrower i� sold or transferred) without Lender' s prior <br />written consent, Lender may require immediate payment in fu11 of a11 sums secured by this 5ecurity <br />Instrument. However, this option shall not be exercised by Lender if such exercis� is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Sorrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the natice is given in accordance with 5ection 15 <br />within which Borrower must pay all sums secured by this Security Instrument. If Borrawer fails to pay <br />these sums prior to the expiration of this period, Lender xnay invoke any remedies permitted by this <br />Security Instrurnent without further notice or demand on Borrower. <br />19. Barrawer's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security lnstrument discontinued at any time <br />prior to the earliest of; (a) �ve days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to rein5tate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions 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 ather covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instxument, including, but not limited <br />to, reasonable attorneys' fees, prpperty inspection and valuation fees, and other fees 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 to assure that Lender' s interest in the Property and <br />rights under this Security Instrurnent, and Borrower' s obligation to pay the sums secured by this Security <br />Instxument, shall continue unchanged. Lender may require that Borraw�r pay such reinstatement sums and <br />axpenses in one or more of the follawing 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; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Iztstrument and obligations secured hereby <br />230950 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN5TRUMENT <br />�-B�NE) (0811) Page 11 of 15 ini�iais Form 3028 1101 <br />� <br />