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201008906
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201008906
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Last modified
11/30/2010 3:52:12 PM
Creation date
11/30/2010 3:52:11 PM
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DEEDS
Inst Number
201008906
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2osoossos <br />There may be only one designated notice address under this Security Tnstrum�nt at any one time. Any <br />nc�tiGe to Lender shall be given by delivering it or by mailing it by first �;lass mail to T.ender's addre�s <br />stated herein unless Iaender has designated anothcr address by notice tU Barrower. Any notice in <br />cannection with this Security Instrument shall nc�t be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicabl� <br />I,aw, the Applicabl� Law requirement will satisfy the corresponding requirement under this Sccurity <br />Instrurnent. <br />16. Governing Law; Severability; Rules of Construction. This Security Tnstrumenl shall be <br />governed by federal law and th� law of the jurisdiction in whic;h the Property is localed. All rights and <br />obligatians cantained in this Security Instrument are subject ta any requirements and limitatians of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties lr� a�ree by contract or it <br />might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract. Tn <br />the event that any provision or claus� of this Security Tnstrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect ather provisions of this Security In�strurnent or the Note which can be <br />given effect withaut the conflicting provision. <br />As used in this Ser.urity Instrument: (a) wards af the rnasculine gender shall rnean and include <br />cart'esponding neuter waxds 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. Borrower's Copy. Borrower shall be given one copy of the Natc and of this Security Instrument. <br />18. Transfer of the Pro�erty or a Beneficial Interest in Sorrower. As used in this Sectian 18, <br />"Interest in the Prop�rty" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, cantract for deed, ins[allment sales contract or <br />escrow agreemen[, the intent of which is thc transfer of title by Borrower at a fulure date to a purchaser. <br />IT all ar any part of the Prop�rty or any Interest in the Property is sold ar transferred (or if Borrower <br />is not a natural person and a b�n�ficial interest in Borrower is sold or Cransferred) without T.ender's pric�r <br />written uansent, Lender may reyuire immediate payment in full of all sums secured by this Security <br />Instrument. However, lhis aption shall not be exercised by I.xnder if such exercise is prohibil�d by <br />Applicable Law. <br />If Lender exercises this aptian, Lender shall give Borrawer natice of acceleration. The nc�tic� shall <br />provide a period of not le�s than 30 days frorn the date the notice is giv�n in accordance with Secti�n 15 <br />within which $orrow�r rnust pay all sums secured by this Security Instruinent. If Borrower fails to pay <br />these sums prior to the expiration of this peri�d, I.endcr znay invoke any remedies permiktcd by ihis <br />Security Instrument without further notice or demana on Barrawer, <br />19. BorraWer's Right to Reinstate A.t'ter Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement af this Security Tnstrument discantinued at any time <br />prior t� the earl'rest of: (a) five days bcfc�re sale of the Property pursuant to any power of sale contained in <br />this Security Instrurnent; (b) such oth�r period as Applicable T.aw might specify for the termination of <br />Barrower's right to reinstake; ar (c) entry of a judgment enforcing lhis Security Instrument. Those <br />cUnditions are that Borrower: (a) pays L.ender all surns which then would be due under this Security <br />Insttvment and the Note as if no accelerationhad occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all �xpc:nses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attom�ys' fees, property inspection and valuatian fses, and other fees incurred for th� <br />purpose of protecting Lender's interest in the Property and rights under tlxis Security Tnstrument; and (d) <br />takes such action as Lender may reasonably require to assure that I,ender's interest in the 1'roperty and <br />rights under this Security Instrument, and Borrower's obligation to pay Ghe surns secured by this Security <br />Instrument, shall ccantinue unchanged. T.ender may require that Barrawer pay such reinstatement sums and <br />expenses in one t�r more of the following forms, as selected by L,ender: (a) cash; (b) money order; (c) <br />certified chcck, bank check, treasurer's check or cashier"s ch�ck, prUVided any such check is drawn upon <br />an institution whose deposits are insured by a f�d�ral ag�ncy, instrumentality or entity; or (d) �l�ctrUnic <br />I'unds Transfer. Upon reinstatement by Bc�rrower, this Security Instrument and obligatic�ns se.cur�d hereby <br />IVEBRASKA - Single Fsmily - Fannie Mae/Freddie Mac UNIFARM INSTRUMENT ',/'� <br />�-6(NE) �oei i i �e i i of 16 Initials: �lW� Form 3028 1I01 <br />
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