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2oioos33i <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 Bor,rower. Any notice in <br />connection with this Security Jnstnunent shall not be deemed to have been given to T.,ender until actually <br />received by I.cnder. If any notice required by this Security Jnstrument is also required under Applicable <br />I,aw, the Applicable Law requirement will satisfy the corresponding reyuirement under this Security <br />Instrurnent. <br />16. Governing Law; Severability; Rules of Construction. Tlxis Security Instrument shall be <br />govemed by federal law and the law of the jurisdiction in which the Propexty is located. All rights and <br />obligations contained in this Security Instrument aze subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract. ln <br />the event that any provision ar clause af this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall me�n and inciude <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 Instnunent. <br />18. Transfer of the Property or a Beneticial interest in Borrower. As used in this Section 1$, <br />"Interest in the Property" means any legal or bene�icial interest in the Praperty, including, but not lirnited <br />ta, those bene�cial interests transferred in a bond for deed, 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 />�f all or any part of the Property or any Interest in the Froperty is sold or transferred (or if Borrower <br />is nat a natural persan and a beneficial interest in Borrower is sold or transfezx'ed) withaut L.ender's prior <br />written consent, Lender may require immediate payment in full of all sums 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 L.ender exercises this option, Lender shall give Borrower notice of acceleration. 1fie 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 $orrower rnust pay all swms secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, I...ender may invoke any remedies pernutted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrawer 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) �ve days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law rnight specify for the ternunation of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrwnent. Those <br />conditions are that Borrower: (a) pays L.ender all sums which then would be due under this Security <br />Tnstrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenaxtts or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting L.ender'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 Instnunent, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, 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) nnoney 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 />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6�NE) loat t1 Page 11 of i5 i��t�ais: Form 3028 9/09 <br />� <br />„- <br />, � � � <br />1 � 4 � A <br />