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201408340 <br />There may be only one designated notice addr�ss uz�der this Security Instrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailiang it by first class mail ta Lender'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 noc be deemed to have been given to Lender until actually <br />received by I.ender. 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; Severability; Rules oF Construction. 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 5ecurity Instrument are subject to any requirements and limitatians of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contracc or iC <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 or clause of chis Security Instrument or the Note conflicts with Applicable <br />I.aw, such conflict 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 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 obligation to <br />take any action. <br />17. Borrower's Copy. Barrawer shall be given one copy of the Note and of this Security Instrument. <br />x8. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Sectian 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those bene�cial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future dace 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 person and a beneficial interest in Borrower is sold or transferred) without I.ender's prior <br />written consent, Lender may require irnmediate payment in full of all sums secured by this Security <br />Instrument. However, this option shall nat be exercised by L.ender if such exercise is prohibited by <br />Applicable Law. <br />If L,�nder exercises this option, Lender shall give Bozrower notice 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 Borrower must pay all sums secured by this Security Instrument. If Barrower fails to pay <br />these surns prior to the expiratian of this period, L.ender may invoke any rennedies pernnitted by this <br />Security Instrument without further notice or de�nand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrawer shall have the right to have enforcemenC of this Security Instrument discontinued at any time <br />prior to the eazliest af: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instnunent; (b) such other period as Applicable Law might specify for the termination of <br />Borrawer's right to reinstate; or (c) cntry 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 />Instruzn.cnt and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, property 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 L.�nder may reasonably require to assure that I,ender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the surns secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />sxpenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�'ied 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, instruinentality or entity; or (d) Electronic <br />�unds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �_��/' <br />�-6(NE) loettl ra9e ii of 15 in�t�eis: (-' l�� Form 3028 1/01 <br />�yt` <br />,�. i� a� �� f �'� �{ <br />r"r '. <br />