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201009144
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Last modified
12/8/2010 3:47:11 PM
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12/8/2010 3:47:10 PM
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DEEDS
Inst Number
201009144
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20104914� <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to Borrpwer. Any notice in <br />connection with this Security Instrument shall not be deerned to have been given to Lender until actually <br />received by Lender. If any notice requiretl by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement w�rr satisfy the conesponding requirement under this Security <br />Instrument. <br />16. Govexning Law; Severability; Rules af Constructian. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Prqperty is located. All rights and <br />obligations contained in chis Security Instrument are subject to any requirements and limitation.s of <br />Applicable Law. Applicable Law might explicitly or implicitly allaw the parties to agree by contract or it <br />might be silent, but such silence shall not be canstrued as a prahibitian against agreement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this SecuriCy Instrument or the Npte which can be <br />given effect without the conflicting pravisian. <br />As used in this Security Instrument: (a) words of tk�e 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 the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />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 Property 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 beneficial intearests transferred in a bond far 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 Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bene�icial interest in Borrower is sold or transferred) withaut I,ender's priar <br />written consent, Lender may require irnmediate payment in fu11 of all sums secured by this Security <br />Instrument. However, this aption 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 frorn the date the notice is given in accordance with Section 15 <br />withiui which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiratian af 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 Aftear Acceleration. Tf Bonower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuanC to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. 'Thnse <br />conditions are that Barrawsr: (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 or <br />agreements; (c) pays all expenses incurred in enfarcing this Security Instrurnent, including, but noc limited <br />to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the <br />puzpose of protecting �.ender's interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as L.ender may reasanably require to assure that Lender's interest in Che Froperty and <br />rights under this Security Instrument, and Barrower's abligation to pay the sums secured by this Security <br />Instrument, shall continue unchauged. Lender may require that Barrawer pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�ed 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 />Punds Transfer. Upon reinstatement by Borrawer, this Security Instruunent and obligations secured hereby <br />NEBRASKA - 5ingle Family - Fannie IVlae/�reddie Mac UNIFQRM INSTRUMENT � <br />�-6(NE) 1o8t t� Paee i � of 15 in+tiais: � Form 3028 1/01 <br />} � � � � <br />
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