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201009089
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Last modified
12/7/2010 3:02:48 PM
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12/7/2010 3:02:47 PM
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DEEDS
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201009089
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201009089 <br />There may be aNy one designated notice address under this Se�curity Instrurnent at auy one time. Any <br />notice to Lender shall be given by delivering it or by mailing i[ by first class mail W Lender's address <br />stated herein unless Lender has designated another address by notice ta Borrower. Any notice in <br />connection with, this Security Instrumcnt shall not be dcemed to have bcen given to Y.ender tintil actually <br />received by Lender. lf any notice required by this Security Instaruiment is also required under Applicable <br />I.aw, the Applicable Law requir�ment will sarisfy the corresponding reyuirement under this Security <br />Instrument. <br />16. Governing Law; Severability; RW�s of Constructlon. This 5ecurity Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />oblig$tions contained in this Security Instrument a,re subject to any requirements and limitations of <br />Applicable I.aw. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be silent, but such silea�ce shall not be canstn� as a prohibition against agreeznent by contract. In <br />the event that any pravision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security lnstrurnent or th,e Not� which can be <br />given effect without the contliaing provision. <br />As used in this 5ecurity Instnux�ent: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or woids of the fem;r,+ne gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the wnrd "may" gives sole discretion without any obligation to <br />take any action. � <br />17. Borrower's Copy. Horrower slaall be given on� copy of the Note and of this Security Instrutnent. <br />1$. 'i�ansfer aP the Property or a Benefidsl Intea�st in Barrower. As usod in this Se�tion 18, <br />"Interest in th� Property" means any legal or bene�cial interest in the Property. including, but not li�mite� <br />Ca, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agxcement, the inte�t of which is the transfer af title by Borrower at a future date to a purchaser. <br />If all or ariy part of the Property or any InCerest in thc Property is sold ar transfen�ed (or if Borrower <br />is not a natuial person and a beneficial interest in Borrower is sold or transferred) without L,ender's prior <br />written consent, Lender m�y require immediate payment in fu11 of all sums secured by this Security <br />Instrument. However, thia option ahall not be exercised by i,ender if such eaercise is ptohibited by <br />Applicable I.aw. <br />lf �er e�ercises this option, L�nder she11 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 Sectian 1S <br />within which Borrower must pay all swms secured by this Sx{irity Instrument. If Borrower fails to pay <br />these sums prior to the eapiration of this period, Lender rnay invoke any remedies pemutted by this <br />Security Instnun�nt widwut further notice or demand on Boirrawer. <br />19. Borrower's Right to Reiastste Aflter Acceleratlon. If Borrower m�eets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any Cime <br />prior to the earliest of: (a) �vc days bcfore sale of the Property pursuant ta any power of sale contained in <br />this Se�urity Instniment; (b) such other period as Applicable Law maght specify for the terminatio�t of <br />Bo�rc+ower'a right to reinstate; or (c) entry nf a judgment enforcing ttua Securiry Instnunent. Those <br />conditions are that Honrower: (a) pays Lender all sums which then watrld be due under this Security <br />Instruz�nt and the Nate a9 if na ac�eleratian had occurred; (b) cures any default of any other cavenants or <br />agreem�nts; (c) pays all expeansea incurred in enforcing this 5e�urity Instrur�nt. including, but �not limited <br />to, reasonable attorneys' fees, property inspe�tion and valuation t'ces, and other fees incurred for the <br />P�Fose of proterxing Lender's interest in the Property and rights utufer this Security Instnur�r►t; and (d) <br />tak�,s such action as L.ender may reasonably requirc to assure that Lender's interest in the Property and <br />rights undcr this S�urity InsCrtuncnt, and Borrower's obligation to pay the sums secw�ed by this Security <br />Instrument, shall cantinue unch�nged. L.ender may require that Borrowcr pay such reinstaternetxt sums and <br />ezpenses in one or �re of the following forms, as selecte� by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check� Creasurer's check or cashicr's check, provided any such c.heck is drawn upon <br />an institution whose deposits are insured by a federal agency, instnunentality ar entity; or (d) Electronic <br />Funds Transfer. Upnn reinstatement by Borrower, this Security Instnunent and obligations secured hereby <br />NEBRASKA - Single Family - Fannb Mero/Fraddla Mac UNIFORM IN$TRUMENT <br />�'BINE) �081 t � Papa 11 ot 1�s �r�t�a : � FOrM1 9028 1/01 <br />, , �� <br />
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