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2o�ooss�� <br />There may be anly one designated notice address under this Security Instrument at any one tirne. Any <br />noticc to Lender shall be given by delivering it ar by mailing it by �rst class mail to I..,ender's address <br />stated herein unless Lender has designated another address by notice to Borrawer. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given ta L.ender until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Tnstrument. <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 />obligations 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 contract or it <br />might be silenc, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts witli Applicable <br />Law, such conflict shall not affect other provisions af this Security Instrument or the Note which can be <br />given effect without the contlicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and <br />include thc plural and vice versa; and (c) the word "rnay" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrawer shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Praperty or a Bene�cial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those ben�ficial interests transferred in a bond for deed, cantract 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 of the Property or any Incerest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bene�cial interest in Borrower is sold or transferred) without Lender's prior <br />written cansent, Lender rnay require irnrnediate payment in full of all sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give 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 1S <br />within which Borrower must pay all sum�s secured by this Security Instrument. If Borrower fails to pay <br />these sums prior ta the expiration 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 Borrawer meets certain condiCions, <br />Borrower shall have the right to have enforc�ment of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days befare sale of the Praperty pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might speci;fy for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgmenc enforcing this Security Instrument. Those <br />conditions are that Borrawer: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants ar <br />agreernents; (c) pays all expenses incurred in enforcing this Security Instrument, including, but 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 Instrument; 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 obligation to pay the sums secured by this Security <br />Instrurnent, shall continue unchanged. L,ender may require that Borrower pay such reinstatemenc sums and <br />expenses in one or rnore of the follpwing 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 Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />NEBRpSKA - Single Family - Fannie Mpe/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) 1D8t t1 Pgge 11 of 18 inicisis: �_ Form 3028 7/09 <br />!T 1+h <br />� � 1 , ,? ; <br />