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201008944
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Last modified
12/1/2010 3:17:57 PM
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12/1/2010 3:17:56 PM
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DEEDS
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201008944
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f►•I1I[1I1�:�I�! <br />1111055716 <br />mailed by �rst class mail or when actually dalivered to Borrowe�'s notice address if sent by other means. Notic� to any one <br />Borrow�r shall constituta notice eo all Bnrrawers unless Applicable Law expressly requires otherwise. The notice address shall <br />be the Property Address unless Barrower has d�signated a substitute pcitice address by notiee to Lerfder. Borrvwer shall <br />promptiy notify Lender of Bon�owor's chango of address. tf I,ender speci�es a pracedure for reporting �3orrawer's change of <br />address, tl�en Borrower shall only report a change af address thrpugh that spoci�cd procedure. There may be only one <br />designated natice address undnr this Security Instrumant at any �ne tima. Any natice ta Lender ahali be given by delivering it <br />or by mail9ng it by first class mail to Lender's addresa stated herein unless �er�der l�as dosignata� another address by natice to <br />Borrower. Any notice in connection with this Security Instrument shall nat be deemeci ta havc bcen given ta �.ender unt'rl <br />accually reccived by Lender. I;f any notico required by this Security I�strwment is also required under Appiieable Law, the <br />AppliCBble L�w rGquirCmCnt will satisfy the CoiCrpSponding rcquirement under this Secur'tty rt�strumeat. <br />16. Governing Law; Severabiiity; Rules of Construction. This Security Instrument shall be governed t�y federal <br />law and the law uf the jurisdiction in which the Praperty is lacated. All rights and obligations contained in this Securiry <br />Instrument are subject to any requiremcnts �nd limitations of App!'rcable i,aw. ApplicabEc Law might cxp[icit[y ar implicitly <br />allovv the parties #o agree by cantract or it might be silenr, but such silenae shall not be construed as a prohibition against <br />agrcemcnc by contr�ct. Tn the event chat any provision or clause of this Security Tnstrun�ent or the Note conflicts with <br />Applicable Law, such conflict shall noi affect othsr provisions of this Security tnstrumant or thc Nat� which can be gi�en <br />effect withaut the conflicting provisinn. <br />As used in this ScCUrity InsGrument: (a} wprds of the masauline gender shAll mean and include carresnonding neuter <br />wards or words of the feminine gender; (b) words in the singular shall mcan and include the plura) and vice versa; and (c) the <br />word "may" gives sole discretinn withaut any obligatian ta take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of'the Note ar�d of this Securi�y Instrument. <br />18. Transfer af.the Property or a Seneficial lnteres# in Bawwower. As used in thss Section 18, "Tnt�rest in the <br />Praperty" means any legal or beneficial interest in the Proper�y, including, but nat Iimited co, those beneficiaE interests <br />transferred in a bond for deed, CqntraCt for doed, instailment sales Contract or escrow agreement, the intent of wt�ich is the <br />transFer of tit[e by Borrower at a future date to a purchaser. ' <br />If all or any part vf the Property ar any Interost in the Propesrty is sold or transf�rred (ar if Bonrower is not a natural <br />person and a bene�ciaf interest in Barrower is svld or transferred) without Lender's prior writteii consent, Lender may require <br />immediata payment in full of all snms secured hy rhis Security instntmanC, Hawever, this option shall not be exercised by <br />Lender if such exarcisa is prohtbited by Applicabl� Law, <br />If Lend�r exercises this option, L,ettder shall give Borrower natice oF acceleratiQn. 7'he notice shall provide a period of <br />not loss than 30 days from the date the notice is given in accordance with Section IS wid�in which Bar;rower must pay ali sums <br />secured by this Security Instrunnent. if Sorrawer fails tp pay thesc sums prior to the expiration of this period, Lend�r may <br />invoke any r�medies permi�ted by this Secu�ity Instrument without Further notice or demand on 8orrower. <br />19. Borrower's Rfght to Refnstate After Acceleration. If Barrower meets certain canditions, Barrower shall have <br />the right ta have enForcernent of this Securiry Instrument discontinued at any time prior to the earliest of: (a) five days befare <br />sale af the Prop�rty pursuant to any powcr of sale contained in this Security Inatrument; (b) such athcr period as Applicablc <br />Law might specify for the termination of Ban•ower's ri$ht to reinstate; or (c) entry of a judgment enforcing this Security <br />Instrumcnt. Thoss canditians are that Borrawer: (a) pays Lendcr atl sums which than would be du� undex this Sccurity <br />Instrument and the Notc as if i�o acceleration had occurred; {b) cures any default vf any othcr cavenants or agreemcnts; (c) <br />pays all expenses incurred in enforcing this Security Instrument, including, laut nat limited t�a, reasonablc attarncys' fees, <br />property inspsction aiid valuation fees, Rnd oth8r f4es inCUrred fpr the purpvse of protecting I,ender's interest in the Property <br />and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure t]tat Lender's <br />interest in the Property and rights under this Security [nstrument, and Borrower's abligation to pay the sums secured by this <br />Securiry Instrument, shall continu� unchanged. �.ender may require thaC Sarrower pay sach reinstatement sums and expenses in <br />one or inare of the t'ollowing forms, as selected 6y Lender: (a) cash; (b} money order; (c) cartified check, bank check, <br />treasurer's check or cashier's check, provided any sueh chec[c is drawn upon an institution whose depasits arc insured by a <br />f�dcral agcncy, insknainentalicy or entity; or (d) Electronic Funds 7`ransfer, Upon reinstatement by Borrower, this Seaurity <br />Instrument �nd obligations secured hereby sliall remain fully eff�ctive as if np �ccelcration had occurred. However, this right to <br />reinscate shall nat apply in the case of accetcration under S�ction 18. <br />20. 5ale of Note; Change of Loan Servicer; �'atice of Grievance. The Note nr a partial interest in the Nnte (together <br />with this Security Tiistrument) can be sold one nr mnr� tirnes without prior notice to Borrowor. A sale might result in p change <br />NEBRASKA--Single Family--Fannfe 1VIae/Freddie Mac UNIFOItM CN5'CRUMEN7 <br />� 3a8.2 Page 9 of 12 Form 3D28 1/DE <br />
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