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201008900
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Last modified
11/30/2010 3:21:01 PM
Creation date
11/30/2010 3:21:00 PM
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DEEDS
Inst Number
201008900
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�oioos9oo <br />There may be only one dcsignatcd natic� address undc:r this S�curity Instrument at any one time. Any <br />notice ta I.ender shall be given by delivering it or by mailing it by first class mail to I�end�r's addr�ss <br />staked hcrcin unl�ss Lender has designated another address by notice to Borrower. Any notice in <br />cannectian with this Security Instrument shall not be deemed to have b�en given to Lender until actually <br />rec�ived by I..ender. If any notice required by this Security Tnstrument is a1sU r�quir�d under Applicable <br />Law, the Applicable L.aw requirement will satisfy the corresponding requirernent under this Security <br />Instrument. <br />lb. Governing Law; Severability; Rules of Construction. This Security Inst�vment shall l�e <br />governed by federal law and the law of the jurisdiction in which the Property is lUCat�d. All rights and <br />abligations contained in this Security Instrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow thc parties la agr�s hy cc�ntract ar il <br />might be silent, but such silenc:� shall nat b� cUnstru�d as a prahibition against agreement by contract. In <br />lhe event tl�af any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />I.,aw, such conflict shall not affect other provisions of this 5ecurity Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this S�curity Instrum�nt: (a) wards uf the masculine gender shall rnean and include <br />corresponding neuter words nr wnrds of the feminine gend�r; (h) words in the singular shall rnean and <br />include the plural and vicc vcrsa; and (c) thc wc�rd "may" giv�s solc discrctiUn withoul any abligalion to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Sccurity Instrument. <br />18. Transf'er of the Praperty or a Beneficial lnterest in Borrower. As used in this Section 1$, <br />"Int�r�st in the Property" means any legal or beneficial interest in the Property, including, but not lirnited <br />to, those beneficial 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 date to a purchaser. <br />If all or any part af the Property ar any Interest in the Property is sald or transferred (or if Borrowar <br />is nc�t a natural persqn and a beneficial interest in Borrower is sold or transferred) without L.ender's prior <br />wrikCcn cans�nt, L.�nder may require immediate payment in full of all sums secured by this Security <br />Instrument. However, this option 5narr not be exercised by L.ender if such exercise is prohibited by <br />Applicable Law. <br />If L.ender exercises this option, T.ender shall $ive Borrower 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 Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Tnstrument without further notice or demand on Borrower. <br />19. Borrower's Right to Rcinstate After Acceleration, Tf Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Tnstrunlent 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 Tnstrument; (b) such other period as Applicable T,aw might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Tnstrument. 'I�ose <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Tnstrument and the Note as if no accelerationhad occurred; (b) cures any default of any other cavenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpps� of �rot�cting Lender's interest in the Property and rights und�r this Security Instrument; and (d) <br />takes such action as Lender may reasonably r�quire ta assure that Lender's inter�.st in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Barrower pay such reinstatem�nt sums and <br />expenses in one or more of the following forms, as selected by T.,ender: (a) cash; (b) money order; (c) <br />certifi�d check, bank check, treasurer's check ar cashier's check, provided any such check is drawn upon <br />an institutian whas� deposits are insured hy a fed�ral agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon re.instatezxxenl by B�rrower, this Security Tnstrument and obligations secured hereby <br />NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-GINE) (0811) Pa�e � � or �5 ��rtia�6: Fprm 3028 1/01 <br />�� <br />
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