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201008902
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Last modified
11/30/2010 3:21:43 PM
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11/30/2010 3:21:43 PM
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DEEDS
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201008902
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2oioos9o� <br />There may be only one designated notice address under this Security Instrument at any ane time. Any <br />notice to T.ender shall b� given by delivering it or by rnailing it by first class mail tc� I..end�r's address <br />stated herein unless Lender has designated anathsr address by notice to Borrower. Any notice in <br />connection with this Scuurity Instrument shall not be deemed to have been given to L,�nder until actually <br />received by T,ender. If any notice required by this Security Instrument is also requir�d under Applicable <br />Law, lhe Applicable Law reyuirement will satisfy the �orresponding requirement under this Security <br />Instrumcnt. <br />] 6. Governing Law; Severability; Rales af Canstruetion. This Security Tnstrument shall be <br />govern�d by federal law and the law of the jurisdiction in which th� Property is located. All rights and <br />�bligatians contained in this Security Instrum�nt are subject to any xequirements and limitations of <br />Applic;able Law. Applicable Law might explicitly �r implicitly allow thc parties to agree by contract or it <br />might be silent, but such silence shall not b�: ctinstrued as a prohibition against agreement by contract. Tn <br />the event that any provision or clausc af this Security Instrument ar the Note conflicts with Applicable <br />I.aw, such confXict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the canflicting pravisipn. <br />As used in lhis Security Instrument: (a) words of the masculine gender shall m�an and includ� <br />corr�sponding neuter words or words of the feminine gendcr; (b) wards in the singular shall mean and <br />includc the plural and vice versa; and (c) the word "may" gives sole discretian without any obligation to <br />take any action. <br />17, Borrower's Copy. Borrower shall be given one c�py of thc Nat� ar�d of this Security Instrument. <br />18. Transfer uf the Property or a Beneficial Interest in Borrower. As used in lhis Scction 18, <br />"Tnterest in the Property" m�ans any legal ar b�neficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a band for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is thc transP�r of title by F3arrUw�r at a future date to a purchaser. <br />If all ar any part of the Property or any Tnterest in the �'roperty 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 immediate payment in Full of all suXns secured by this SecuriCy <br />Instrument. However, this option shall not b� r:xcrcised by L�nd�r if such exercise is prohibited by <br />Applicable T.aw. <br />If Lender exerciscs this c�plic�n, I.e.nd�r �hall give Borrawer natice af acceleration. The notice shall <br />provide a period of not less than 30 days from th� date the nc7tic� is giv�n in accardance with Sectian 1S <br />within which Borrower must pay all sums s�cur�d by this Security Instrurnsnt. If Borrower fails ta pay <br />thes� surns prior to the expiration of this period, I,ender may invoke any remedies pcnmitted 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 conditi�ns, <br />Borrower shall have the right to havic ent'orcement af this S�curity Instrument discontinued at any time <br />prior to the earliest of: (a) five days bcfare sale af the Property pursuant ta any power af sale contained in <br />this Security Tnstrument; (b) suGh Uth�r p�riod as Applicablc I.aw might specify for the termination of <br />Bonower's right to reinstat�; ar (c) entry uf a judgment enforcing tlxis Security Instrument. Those <br />conditions are that F3Urraw�r: (a) pays Lend�r all sums whiGh then 'wauld be due under this Security <br />Tnstrument and the Nc�Ce as if na acc�l�ratianhad qccurred; (b) aures any default of any other cavenants or <br />agreements; (c) pays all Gxpenscs incurrcd in enfarc:ing lhis Securily Instrum�nt, inc:luding, bixt nUt lirnited <br />to, reasonable attom�ys' f�ea, prap�rty inspection and valuatian fs�s, and other fees incurred for the <br />purpose of protecting Ix:nder's intcrr:st in lh� Praperty and rights under this S�curity Instruraent; and (d) <br />takes such action as L�nder may reasanably require tU assure that I.�nd�r's interest in the Praperty and <br />rights under this Security Instrum�nc, and Borrow�r's nbligatian to pay thc sums s�cured by this S�aurity <br />Instrument, shall cantinue unchanged. L,ender may require that Borrower 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 />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 entity; or (d) Electronic <br />Funds "1'ransfer. Upon reinstatement by Sonower, this Security Instrument and obligations secured hereby <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) �oe��� Paga 11 of 16 in�c�eis: �orm 3028 ���� <br />1C..�' <br />
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