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201008330
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Last modified
11/8/2010 4:14:49 PM
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11/8/2010 4:14:48 PM
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DEEDS
Inst Number
201008330
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2oious33o <br />There may be only an� designated notice address under this Security Instrument at any one time. Any <br />notice to L.ender shall be given by delivering it or by mailing it by first class mail ta I.,ender's address <br />stated herein unless I.ender has designated another address by notice to Borrawer. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to I,ender until actually <br />received by I,ender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable I�w requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Constructian. This Security Instrument shall b� <br />govemed by federal law and the law of lh� jurisdiction in which the Yroperty is lacated. All rights and <br />obligations contained in this Security Instrument are subject to any requir�ments and limitations of <br />Applicable Law. Applicabl� Law might explicitly or implicitly allow th� parties to agree by contract or it <br />rnight be silent, but suc:h silence shall not be construed as a prohibition against agreement by cc�ntract. In <br />the event that any provisi�n ar clause of this Security Inslrument or the Nate conflicts with Applicabl� <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the cont7icting provision. <br />As used in this Security Tnstrument: (a) wards af the masculine gender shall m�an and include <br />corresponding n�uter words or words of the feminine g�ndsr; (b) words in the singular shall m�an and <br />includs the plural and vice versa; and (c) thc word "may" gives sole discretion withaut any abligati�n to <br />take any action. <br />17. Borrower's Copy. Barrc�wer shall be given one copy of the Note and af this Security Instrument. <br />1$. Transfer af the Property or a Bene�cial Interest in Borrawer, As used in this Section 18, <br />"Int�r�st in the Property" means any legal ar baneficial interest in the Property, including, but nol limited <br />ta, thos� beneficial interests transferred in a b�nd far d��d, cantract for deed, installment sales conlract ar <br />escraw agreement, the intent of which is the transfer of title by Borrower at a future date ta a purchaser. <br />Tf all or any part of the Property or any Interest in the Prop�rty is sold or transferred (or if Borrower <br />is not a natural persan and a beneficial interest in Borrower is sald or transferred) without Lender's priar <br />written consent, I.�nder may require immediate payment in full af all sums secured by this Security <br />Instrument. Hawever, this option shall nol be �x�rcised by I,euder if such exercise is prohibit�d k�y <br />Applicable Law. <br />If Lender exercises this option, L,ender sha,ll give Borrower notice of acceleration. The natice shall <br />pravid� a period of not less than 3Q days fram th� dat� the notice is given in accordance with Section 1S <br />within which Borrower must pay all sums secured by this Security Tnstrument. If Sanrawer fails to pay <br />these sums prior to the c:xpiratian of this period, Lender may invoke any r�medic;s permitted by this <br />Security Tnstrument wilhc�ut furth�r uatice or demand on Borrower. <br />19. Borrower's Raght ka Reinstate After Acceleration. Tf Borrow�r m�ets certain conditions, <br />Borrower shall have the righ[ to have enfarcement of this Security Tnstrument discon[inued at any time <br />priar to the earliest of: (a) fivc ciays befare sale of the Property pursuant to any power of sale cantained in <br />this Security Instrument; (b) such other periad as Applicable Law might specify for the termination af <br />Borrower's right to reinstale; Ur (c) �ntry of a judgment enforcing this Security InsCrum�nt. Thase <br />conditions are that Bc�rrUwer: (a) pays Lender all sums which then would be due und�r this Security <br />Tnstrument and the Nate as if no acceleration had occurred; (b) cures any default af any other covenants or <br />agreemcnts; (c) pays all expenses incurred in enforcing this Security Instrumcnt, including, but not limited <br />ta, reasonable attorneys' fees, property inspection and valuation f��s, and ather fees incurred for We <br />purpqse of protecting I,ender's interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as i.ender may reasonably require to assur� that Lender's interest in the Property and <br />rights under this Security Tnstrument, and Barraw�r's abligatian to pay the sums secured by this Security <br />Instrument, shall continue unchang�d. L�nder may requirs that Borrawer pay such reinstatement sums and <br />expenses in one or mor� of the foAowing farms, as selected by L,ender: (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 instilution whosc deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Punds Transfer. Upon reinstatement by Borrower, this 5ecurity Tnstrument and obligations secur�d h�reby <br />NEBRASKA - Single Family - Fannie Ma�/Freddie Mac UNIFQRM INSTRUMENT <br />�-6�NE) loat t 1 paea i i o� i a i��t�eig: Fvrm 3028 1/01 <br />
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