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201oo9os� <br />There may be only one designated noticc addr�ss under this Security �nsnvmemt at any on.e timc. ,Any <br />notic� to Len�der shall be given by delivering it or by �anailing it by firsC class mail to Lender's address <br />stated het�ein unlesa Lendor has designated another address by notice to Borro�wer. Any notice in <br />r�nne�tion with this Secutity Yns�t shall not be dcemed to have been giv�n to �ncler until actually <br />received by L,ender. If any notice required by this Secuirity Instru,mcnt is aiso r��ui�d u�er Applicabie <br />X.,aw, the Applicable Law requirement will s�tisfy the correspondxng recluiz�ement under this Security <br />Instruno�ent. <br />16. Governing Law; Seve9rability; RWes of Constn�c�ion. This Security Instrument shall be <br />goveme� by federal law and the larv of thc jurisdiction in w�ich the �roperty is located. ,All rights and <br />obligaCious cantained in this Security Instrum�ent are aubje�t to any requirements and limitations of <br />Applicable T..aw. Applicable I,,aw might eaplicitly or inaplicitly allovc� the parties to agz� by contract or it <br />might be sile�nt, but such silence shall not be construed as a prnhibition against agr�ent by contract, I�n <br />the evea�t tt�at any provision or clause of this Security Ips�t or the Note �nflicts with Applicable <br />Law, such c�nflict shall not affe�t other provisions of' this Security �astnun�nt or the Note which can be <br />given effect withouC the conflicting provision. <br />As used im t�his Security Instr�utxent: (a) words of the masculine gender shal.l mean and include <br />cornespondivag �ter words or words of the feminine gendcr� (b) words in the singular s�hall mean and <br />include the plural and vics versa; and (c) the word "may" giv� sole discretion without any obligation to <br />take aay action. <br />17. Borrower's Copy. Borrowsr shall be given ane capy of the Note and of this Security Instniment. <br />�8. Tra,nsCe9r of t� P►�ap�ty or a B4ae.tidal Intex+ea�t in Borrnwe�. As usod in this Sectian 1$, <br />"Interest in the Properiy" naeans any legal or b�nneficial interest in the Pmpert�+, including, but not limited <br />to, thoses beneficial inte�rests transferred in a bond for deEd, cont�ract for deed, installment sales contract or <br />escrowag� , thv int�at of wb.ich is the transfer af title by Borrower at a future date to a ptur,haser. <br />If lal o�,y part of the Property or any Intex�est in ttae �+opexty is sold or transf�rred (or if Borrower <br />is not a natural p�on and a b�;neficial inCerest in Borrower is sold or t7rransferred) without I,,,ender's prior <br />written consent, L.cnder may x+equire imnnediate payment in full of all sums secure� by this Security <br />inctn�ment Howevel', this optiot� shall xlot be exehCised by I.e�dex if sueh e�ise 1s pmhibited by <br />Applicable Law. <br />If L.ender �xercises this opdon, L�nder shall give Borrower norice of acxeleration. The notice shall <br />provide a pariod af not less than 3U days from the datc the noticc is give� in acx�xdance with Ser�ion 15 <br />within which Borrovver must pay all sums secure� by this Security 1ns�rua�ent. If Horrowex fails to pay <br />these sums prior to th� eapiration af this period, Lcnder may invoke an� rearn�edies perrnitCed by this <br />Security Insbnu�nt vvit�out tiu�Cher notice or darnand on Borrower. <br />14. Borrowdr's Right to R�nstate Af9tet� Aooe��on. If Horrowe� »�eets certain condixions, <br />Borrower shall havc the right W have enforcement of this Seruri�ty Instnument discantinued at aay time <br />priar tc� the ear�iest of: (a) �ve days b��ore sal� of the Property pursua�cit to any power of sale cantainBd in <br />tb�is Securit�'' Iastntt�nt; (b) such othert� period as Applicable Law mi�ght specify for the teiminatian of <br />�orrawcr's right to reinatate; or (c) �ntry of a jud�ent enforcing this Secr�rity Instnmruent. Those <br />canditions are that Borrower: (a) PaYs I.epider all swn� which then vvould be due under this Security <br />Instrument and the Note as if no asceleration had occunrecl; (b) cur� any default of any other �venants or <br />agreen�ents: (c) paYs all e�tpenses incumed in enforcing this 5ectYrity Instrument, in�cludin�, but not limited <br />W, t�ea.gonable attomeys' fe�s, Pr°pertY inspection and valuation fees, and othe�r fees incurred for the <br />purpoee of protecting I.ender's interest in thc Pmperty a�d rights under tb�is Secur,ity In�t; and (d) <br />takes such action as L.�nder may reasonably rec�uir� to assure tbat I.ender's interest in thc Property and <br />rights ux�der this Security Inshv�t� and Boxxower's abligation to pay the sums secured by this Security <br />Tnstnyn�enx, shall continue une�hanged. I.ender �paay requiire that Borrower pay �uch neinstat�ent sums and <br />ea�pe�scs in one or rnore of the following forms, as sel�ted by Le�dcr: (a) ca�h; N) moneY ordc�r: (�) <br />cerkified c�eck, bank r,heck� a�asur�r'a check ar casbi�r'a checlr, provided aay such che�k is dcawn upon <br />an institution �whase depoaits are insured by a federal aBencY. ins�ity or endty; or (d) Slectronic <br />Funds Trans�er. Upon reinstatean�ant by Horrower, this Security Instn�ent and obligations secured hereby <br />NEBRASKA - 5ingla Famlly - FanMe Ma�/Froddie M�c UIYIFORM INS7'RUM�N7 <br />�-B(N�) �osi t► Papa t t ot t� irdnds: Form 30Z8 7/01 <br />. � � �K <br />