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2U1�09279 <br />There may be only one designated notice address under this Security Instrument at any one tune. Any <br />notice to Lender shall be given by delivering it or by mailing it by first clasa mail to Lender's address <br />stated herein unles� Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to Lender until actually <br />rec�ived by Lender. If any notice required by this Secu�ity Instnunent is also required under Applicable <br />Law, the Applicable Law requirexnent will satisfy the co�rresponding requirement under this Security <br />Instrument. <br />1G. Governing Law; Severability; Rules af Construcdon. 'I'his Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All righta and <br />obligations contained in this 5ecurity Instrument are subject to any requirernents and lunitations of <br />Applicable Law. Applicable Law might explicitly ar implicitly allow tk�e 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 provision or clause of this Security Instrument or the Not� evnflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instruznent or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Instrurnent: (a) words of the masculine gender shall mean and include <br />cvrresponding 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 />talce any action. <br />17. Sorrower's Copy. Borrower shall be given one copy of the Note and of this Security Instxument. <br />18. Transfer of the Property or a Sene�ciai Interest in Sorrower. As used in this Section l8, <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 for deed, contract for deed, installmenC sales contract or <br />escrow agreement, the intent af which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or aany part of the Property or any Interest in the Property is sold or transferred (or if &7rrower <br />is not a natural persan and a bene�cial interest in Hort'ower is sold or transferrad) without Lender's prior <br />written consent, Lender may require immediate payxnent in full of all sums secured by this Security <br />Instrument. However, this option shall not be exerci5ed 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 from the date the notice is given in accordance with Section 15 <br />within which Borrower rnust pay all sums secured by this 5ecuriry Instrument. If Barrower fails to pay <br />these sums prior to the expiration of this period, Lender rnay invoke any remedies permitted by this <br />Security Insmzment without further notice or demand on Borarower. <br />19. Sorrower's Right to Reinstate After AcceleraHon. Zf Sorrower meets certain canditipns, <br />Borrower shall have the right to have enfoxceznent pf this Security Instrument discontinued at any time <br />prior to the earliest af: (a) five days before sale of the Property pursuant to any pawer of sale contained in <br />this Security Instrunnant; (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. Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had vccurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security lnstrument, including, but not limited <br />to, reasanable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as Lender 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 />Instniment, shall continue unchanged. Lender may require that Borrower 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 />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 obligations secured hereby <br />230995 <br />NE6RASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-B(NE) �oaii> Page 11 or �s Initial F01'm 3028 1/01 <br />� <br />