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201009147
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Last modified
12/8/2010 3:47:51 PM
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12/8/2010 3:47:50 PM
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DEEDS
Inst Number
201009147
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2oioosi4; <br />Tk►ere may be only one designated notice address under this Security Instnunent at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by frst class mail to Lender's address <br />stated herein uriless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deerned to have been given to Lender until actually <br />received by L.ender. If any notice required by this Security Instrument is alsa required under Applicable <br />Law, the Applicable Law requirernent will satisfy the corresponding requirement wnder this Security <br />Instrument. <br />lb. Gaverning 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 Secuz'ity Instrurnent aze subject to any requirements and limitations of <br />Applicabl� Law. Applicable Law rnight explicitly or unplicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any pravision or clause af this Security Instrument or the Nate canflicts with Applicable <br />Law, such conflict shall not affe�t other provisions of tl�is Security Instnunent or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Instnument: (a) words of the masculine ge.rrder shall meax� a;nd include <br />correspanding neuter words or words of the ferninine gender; (b) words in the singular shall cneari and <br />include the plural and vicE versa; and (c) the word "may" gives sole discretion without any obligatian to <br />take any action. <br />17. Borrower's Copy. Borrower sha11 be given one copy af the Note and af this Security Instrument. <br />18. Transfer of the Praperty or a Beneficial Interest in Borrower. As used in tk�is Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, thase beneficial interests trar�sfetx'ed in a bond for dee�, contract for dced, 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 a11 or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natura] person and a beneficial interest in $ort'ower is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment in fu11 of all surns 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 Barrawer 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 15 <br />within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these surns prior to the expiration of this period, Lender may invoke any r�medies pernutted by this <br />Security Instrument without further notice or demand on Bonower. <br />19. Barrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Bonower shall have the right to have enfarcement of this Security Instnunent discontinued at any time <br />priar to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such ather period as Applicable Law rnight specify for the ternuz�ation of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrumen.t. Those <br />conditions are that Bonower; (a) pays L,�nder all sums which then would be due under this Security <br />Tnstrurr►ent and the Note as if no accEleration had occurred; (b) cures any default of any oth�r covenants or <br />agreernents; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not liznited <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 Prope�ty and rights under this Security Instrument; and (d) <br />takes such action as L.ender 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 />Instrument, shall continue unchanged. I,ender may require that Borrower pay such reinstatement suans and <br />expenses in ane or more of the following 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 abligations secured hereby <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�N7" ,,,/ <br />�-6�NE) losi t1 Psgg i i of i5 i�mais; w �" •�' Form 3D28 1l01 <br />� <br />, � � � � � 1'y �N ' <br />
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