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2oioos5i� <br />There may be only one designated notice address under this Security Tnstrurnent at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by �rst class rnail to L.ender's address <br />stated herein unless Lender has designated anotkaer address by notice ta Borrawer. Any notice in <br />connection with this Security Instn�ment shall not be deerned to have been given to Lender until actually <br />received by I.ender. If any notice required by this Security Instrument is a1�so required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirexnent under this Security <br />Instnunent. <br />lb. Governing Law; Severability; Rules of Canstruction. 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 Security Instrument are subject to any requirements and limitatians of <br />Applicable Law. Applicable I.aw might explicitly or implicitly allow the parties to agree by cantract or it <br />znight be sil�nt, but such silence sha11 not be construed as a prahibition against agreement by contract. In <br />the event that any provision or clause of this Secuxity Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrurnent or the Note v�+hich can be <br />given effect without the conflicting provision. <br />As used in this Security Instrurnent: (a) words of the masculine gender shall xnean 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 "may" gives sole discretion without any obligatian to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instruxnent. <br />18. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installrnent sales cantract ar <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 ihe Property or any Interest in the Property is sold ar transferred (or xf Barrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender rnay require unmediate pay�nent 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 Lender exercises this option, L.ender shall give Borrower natice 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 3ection 15 <br />within which Borrovver must pay all surns secured by this Security Instrument. If Borrower fails to pay <br />these sunns prior to the expiration of this period, X.ender may invoke any rernedies permitted by this <br />$ecurity Instrument without further notice ar demand on Borrower. <br />19. Borrawer's Right to Reinstate After Acceleration. If Borrow�r meets certain conditians, <br />Borrower sha11 have the right to ha�e enforcement of this Security Instnunent discontinued at any time <br />prior to Che earliest of: (a) five 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 rnight specify far the termination of <br />Borrower's right ta reinstate; 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 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 />purpase of pratecting Lender's interest in the Property and rights under this Security Instrurnent; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Praperty and <br />rights under tkais Security Instrument, and Borrower's obligation to pay the swns secured by this Security <br />Instrument, shall continue unchanged. L.ender may require that Borrower pay such reinstatement suins and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certifietl 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 reinstaternent by Borrower, this Security Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fennie Mae/�reddie Mac UNIFORM INSTRUMENT <br />�-BINE) lostt� �aga i� of 15 �nitiels: Fo�rtt 3028 1/01 <br />� <br />, �� � F�, �1 •' ." 1 ;j <br />F <br />