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2oioos4o� <br />There may be only one designated notice address under this Security Instn�ment at any one time. Any <br />notice to l,ender shall be given by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security lnstrument shall not be deenned 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 />lb. Governing Law; Severability; Rules of ConstrucHon. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is lpcated. All rights and <br />obligations contained in thia 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 not be construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, 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 wards 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. Sorrower's Copy. Borrower shall be given one copy of the Note and of this Security Tnstrument. <br />18. Transfer of the Froperty or a Bene�cial Interest in Sorrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not lnnited <br />to, those beneficia] interests transferred in a bond for deed, contract for deed, installrnent 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 ar 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 Lender's prior <br />written consent, Lender may require imrnediate payment in full of all sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days frarn the date the notice is given in accordance with Sectian 15 <br />within which Borrower rnust pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this perind, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Sorrower. <br />19. Borrower's Right to Reinstate After Acceleration. if Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security instrurnent discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security lnstrument; (b) such other p�riod as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are tkaat Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instniment and the Note as if no acceleration had occurred; (b) cures any default af any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instnunent, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred far 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 Instrument, and Borrower' s abligation to pay the sums secured by this Security <br />Instrurnent, shall continue unchanged. Lender may reyuire that Borxower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�ed 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 Instrument and obligatians secured hereby <br />� � 230961 <br />NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �oe��> Page 11 or �a in�c�ei5 Form 3028 1/01 <br />� <br />