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2 olooss�� <br />explicitly or implicitly a11ow the parties to agree by contract pr it might be silent, but such silence shall not be <br />construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security <br />Instrument or the Note canflicCs with Applicable Law, such con#lict shall not affect other provisions of this Security <br />Instrument or the Note which can be given effect without the contlicting provision. <br />As used in this Security Instrument: (a) wards of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice <br />versa; and (c) the word "may" gives sale discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Piroperty or a Bene�cial Interest in Borrower. As used in this Section 1$, "Interest in <br />the Property" means any legal or beneficial interest in the Froperty, including, but not limited to, those beneficial <br />interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent <br />of which is the transfer of title by Borrower at a future date ta a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrawer is not a <br />natural person and a bene�cial interest in Borrower is sold or transferred) without Lender's prior written consent, <br />Lender may require immediate payment in �ull of all surns secured by this Security lnstrument. However, this option <br />shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, T_,ender shall give Borrower notice of acceleration. The notice shall provide a <br />period of not less than 30 days frort� the date the notice is given in accordance with 5ection 15 within which Borrower <br />must pay a11 sums secured by this Security lnstrument. If Borrower fails to pay these sums prior to the expiration of <br />this period, I.ender rnay invoke any remedies permitted by this Secutity Instrument without further notice or dernand <br />on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior Ca the earliest of: (a) <br />�ve days before sale of the Property pursuant to any pawer of sale contained in this Security Instrument; (b) such <br />other period as Applicable Law might specify for the termination of Borrower's right to reinstaCe; or (c) entry af a <br />judgment enforcing this Security Instrurnent. 1"hase conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instrument and the Note as if no acceleration had occurced; (b) cures any default <br />of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br />but not limited to, reasonable attorneys' fees, property inspection and valuativn fees, and other fees incurred for the <br />purpose of protecting Lender's interesC in the Property and rights under this Security Instrument; and (d) takes such <br />action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security <br />Instrument, and Borrower's abligation to pay the sums secured by this Security lnstrument, shall continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, <br />as selected by Lender: (a) cash; (b) nnoney order; (c) certi�ed check, bank check, treasurer's check or cashier's check, <br />provided any such check is drawn upon an institution whose deposits are insuared by a federal agency, instrumentality <br />or entity; or (d) Electranic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrurnent and obligations <br />secured hereby shall remain fully effective as if no acceleration had occurred. However, this tight to reinstate shall <br />not apply in the case of acceleration under Section 18. <br />20. Sale of Note; Ch�nge of Loan Servlcer; Notice of Grievance. The Note or a partial interest in the Note <br />(together with this Security Instrument) can be sold one or more times without prior notice ta Borrower. A sale might <br />result in a change in the entity (known as the "Laan Servicer") that collects Periodic Payments due under the Note <br />and this Security Instrument and perforims other mortgage loan servicing obligations under the Note, this Security <br />Instnunent, and Applicable Law. There also might be one or more changes vf the Loan Servicer unrelated to a sale <br />of the Note. If there is a change of the Loan Servicer, Borrower will be given written natice of the change which will <br />state the name and address of the new Loan Servicer, the address ta which payments should be made az�►d any other <br />information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter <br />the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed <br />by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neithear Borrower nor L.ender may commence, join, or be joined to any judicial action (as either an individual <br />litigant or the member of a class) that arises from the other party's actinns pursuant to this Security Instrument or that <br />alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, <br />until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements <br />of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after tk►e giving of such <br />notice to take corrective action. If Applicable Law pravides a time period which must elapse before certain action <br />can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of <br />acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice af acceleration given <br />to $orrower pursuant to Section 1$ shall be deemed to satisfy the notice and opportunity to take corrective action <br />provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are thase substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: <br />gasoline, kerosene, other flammable ar toxic petroleum products, toxic pesticides and herbicides, volatile solvents, <br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" rneans federal <br />laws and laws of the jurisdiction where the Paroperty is located that relate to health, safety or environrnental protectinn; <br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in <br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or <br />otherwise trigger an Environmental Cleanup. <br />`� `�Y\� <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFpRM INS"fRUMENT - MERS DocMagic � 8op-sa9•>3s2 <br />Form 302$ 1/p1 Page 8 of 11 www.docmagic.com <br />Ne3028.nvd.xml <br />