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201008277
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201008277
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Last modified
1/11/2011 2:34:57 PM
Creation date
11/8/2010 3:04:10 PM
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DEEDS
Inst Number
201008277
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20ioos277 <br />There inay be only onc dcaignated notice address under thia 5ecurity Instrurnent at any onc ti�ne. Any <br />notice to Lender shall Ue give;n by delivering it or by inailing it by tirst claas ix�ail to Lendcr's address <br />statui hercin unless Lender has designateci �uiother address by notice to Barrower. Any nntice in <br />connection with this Security Instrument shall not be deemed to have bcen given to Lcnder until actually <br />received by Lender. If any noticc rcyuired by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requireirienC will satisfy the corresponding requircment under this Scxuz'ity <br />Instrument. <br />lb. Governing Law; Severability; Rules of Construction. This Security Tnstrument sr,�rr �e <br />governed by fcderal law and the law of the jurisdiction in which the Property is located. All rights and <br />abligations containe;d in this Security instrument arc 5ubject tn any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or iinplicitly allow tha parties to agree; by contract or il <br />inight be silent, bul such silence shall not be construed as a prohibition against ag►'ee�nenL by contract. In <br />the event lhal any provision or clause of this Scx:urily Instrument or thc Note conflicts with Applicablc <br />Law, such conflict shall not affect other provi5ions of this Security Instru�nent or thc Note which c�ui be <br />givecz effect without the conflicting provision. <br />As used in tliis Security Instruincnt: (a) words of the inasculine �ender shall ixaean and include <br />c:orresponding neuter words or words ot the feminine gender; (b) wc�rds in the singular shall inean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion wiLhout any obligation to <br />take any acCion. <br />17. Borrpwer's Copy. F3orrower shall be given one copy of the Note and of this Security Instruinent. <br />18. Transfer of t6c Property or a Bene�cial Interest in Borrower. As used in this Section 18, <br />"InLcresL in Chc Property" ineans any legal or bencficial interest in the Property, including, but not liinited <br />to, those beneticial int�resls Lransferred in a bond for deed conlract for deed insCallment sales contract or <br />escrow agreeinent, th� intcnt of which is the tcansfer of title by I3orrower at a fuCure date to a purchaser. <br />If all or any part of the ProperCy or any Interest in the Property is s�ld or transfcrred (or if Borrowe;r <br />is not a natural person and a benefcial interest in �3nrrower is sold or lransferred) without L,ender's priar <br />written consent, Lender ►nay require iirunediate pa}nncnt in full of all sums secured by this Security <br />instrument. Howcver, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lcndcr shall give Borrower IlC1L1Ce O� �1CCelE[AL1011. TIl� I1pL1C(: SIlaL1 <br />provide a pericxl of not less than 30 days from the daCe the notice is yivcn in accordance witi� Section 15 <br />within which Borrower must pay a11 suins securcd by Chis 5ecuriry Instrument. lf F3orrower fails to pay <br />these su�ns prior Lo Che expiration of this period, Lendcr inay invoke any reinedies pcnnitted by this <br />Security Insirument w.ithout further natice or dcmand on Borrower. <br />19. Barrower's Right to Reinstate After Acceleration. If Barrower meets certain conditions, <br />13orrower shall have Lhc right to have etzforcement of this Sc�curity Instnuncnt discontinu�d at any ti�ne <br />prior to the earliest of: (a) rvc days before sale of the Property pursuant to any power of sale contained in <br />this Securiry Instrumcnl; (b) auch other period as Applica6lc Law inight spccity for the terirunation of <br />T3prrower's right to reinstate; ar (c) enLry of a judginent enforcing this Securily Instruinerat. Those <br />conditions are that $orrower: (a) pays Lender all sums which thcn wnuld be due under this Sc;curity <br />Instruincnl and the Note as if no acceleration had cx:curred; (b) cwes any default of any oLher covenants or <br />agreements; (c) pay5 all cxpenses incurred in enforcing Chis Security Instruincnt, including, but not liinited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose oF proCECting Lender's interest in the ProperLy and rights under this Security Inslrument; and (d) <br />takcs such aclion as Lender may reasonably rc;quirc lo ass�tre that I.ender' S interest in the Property and <br />rights u��der this Security Instrument, and Borrower's obligation lo pay the swns ycxured by this S��curity <br />instru�nent, shall continue unch�uiged. L,ender may require that I3orrower pay such rc;instatement suir►s and <br />expenses in one or more of the following forms, as selecCed by Lender: (a) cash; (b) ir�oney order; (c) <br />certitied check, bank chcx:k, lreasurer's check or cashier's chcck, provided any such check is drawn upon <br />an institution who�e d�posits are insured by a federal agency, instrumentality or entity; or (d) Elc;ctronic <br />Funds 'Transfer. LJpon reinstatemenl by I3c>rrower, this 5ecurity Instrument and obligations secured hcrcby <br />shall r�main fully effective as if no acceleration haci occurred. However, Lhis right to reinstate shall not <br />apply in the case of acccicracion under 5ection 18. <br />88AQ893725 8800893725 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITM ME� S <br />�-6A�NE) �oa�o� Page 11 0( 15 inniais: �r. Form 3028 1101 <br />� �� <br />
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