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2oiooss�� <br />'There may be only one designated notice address under this Security Tnstrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by �rst 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 Instrurnent shall not be deemed to have been given to Lender until actually <br />received by I.ender. If any notice required by this Security Tnstrument is also required under Applicablc <br />Law, the Applicable Law requirernent 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 />abligatians contained in this Security Instrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or irnplicitly allow the parties to agree by cantract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreement by cantract. In <br />the event that any provision or clause of this Security Tnstrument 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 Tnstnunent: (a) words of the masculine gender shall mean and include <br />corresponding nenter words or words of the feminine gender; (b) words in the singular shall mean and <br />include the pluaral aud vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given ane capy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Bene�cial Ynterest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or bene�icial interest in the Property, including, but not lunited <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 Borrpwer at a future date to a purchaser. <br />If all or any parc of the Property or any Interest in the Property is sold or transferred (or if 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 may require immediate paymcnt in full of all sums secured by this Security <br />Instnunent. Hawever, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lenfler exercises this aption, Lender sha11 give Borrower notice of acceleration. The notice shall <br />provide a periad 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 Borrower fails to pay <br />these sums prior to the expiraCion of this period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After AcceleratIon. If Borrower meets certain conditions, <br />Bonower shall have the right to have enforcement of this Security Instrurnent discontinued at any tune <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 Instrument; (b) such other period as Applicable Law might specify for the termination af <br />Borrower's right to 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 />Instnunent and the Note as if na acceleratian had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenscs incurred in enforcing this Security Instiwnent, including, bnt 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 Instrurnent; 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 abligatian to pay the sums secured by this Security <br />Instrurnent, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or more af the following forms, as selected by I.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 institution whose deposits are insured by a federal agency, instrumentality or encity; or (d) Electronic <br />Funds 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) �oe��� Page 11 Of 15 inmai Form 3028 7/07 <br />, �g ;> � � . <br />