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201009595
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Last modified
1/11/2011 1:43:54 PM
Creation date
12/22/2010 4:00:35 PM
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DEEDS
Inst Number
201009595
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��1U�9��5 <br />1111056861 <br />Any notice to Borrower in connection with this Security Instrument shall be deemed to have been �iven to Borrower when <br />mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Noticc to any one <br />Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice addreas shall <br />be the Property Address unless Borrower has designated a substitute nutice address by notice to Lender. Borrower shall <br />promptly notify Lender of Borrower's change of address. lf Lender spccifics a procedure for reporting Barrower's change of <br />address, then Borrower shall only report a change of address through that speci�ed procedura There may be only one <br />desi�nated notice addr�ss under this Security Instrument at any one time. Any notic� to Lender shall be given by delivering it <br />or by mailing it by first class mail to Lcnder's address stated herein unless Lender has designated another address by notice to <br />Borrower. Any notice in connection with this 5ecurity Instrument shall not bc dccmed to have been given to i.ender until <br />actually received by Lender, If any notice required by this 5ecurity Instrument is also required under Applicablc Law, the <br />Applicable I,aw requirement will satisfy the corresponding requirement under this Security Instrument. <br />16. Governing Law; Sevarability; Rules of Construction. This Securiiy Instrument shall be governed by federal <br />law and the law af the jurisdiction in which the Property is located. All rights and obligations containad in this Security <br />lnstrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly <br />allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibicion against <br />agreement by contract. In thc cvcnt that any provision or clause of this Security Instrument or thc Note cont7icts with <br />Applicable Law, such conflict shall not affect other pravisions of this Security Instrument or the Note which can be given <br />effect without the conflicting provisian. <br />As used in this Security Instrument: (a) words of the masculine gender shall mcan and include corresponding neuter <br />words or words of the feminine gender; (b) words in the sin�ular shall mean and include the plural and vice versa; and (c) the <br />word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Barrower shall be given one copy of the Noce and of this Security instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Scction 18, "lnterest in the <br />Property" means any legal or bene�cial interest in the Property, including, but not limited to, those beneficial interests <br />transferred in a bond for deed, contract for deed, installment sales cantract ar escrow agreement, thc intcnt of which is the <br />transfer of title by �orrower at a future date to a purchaser. <br />If all or any part oP the Property or any Interest in the Property is sold or transferred (or if f3orrower is not a natural <br />p�rson and a 6eneficial interest in Borrower is sold or transferred) without Lendcr's prior wriuen consent, Lender n�ay require <br />immediate payment in full of all sums secured by this Security Tnstrument. However, this option shall not be exercised by <br />Lender if such exercise is prohibited 6y Applicable Law. <br />If Lcndcr exercises this option, Lender shall give Borrower notice of acceleration. The notice shall providc a period of <br />not less than 30 days from the date the noticc is given in accordance with Section 1 S wifhin which Borrower must pay all sums <br />sccurcd by this Security lnstrument. If �orrower fails to pay these sums prior to the expiration of this period, Lender may <br />invoke any remedies permitted by this Security lnstrument withnut further notica or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acccleratian. If Borrower meets certain conditions, Borrower shall have <br />the right to have enforcemcnt of this Security lnstrument discontinued at any time prior to the earliest of; (a) five days before <br />sale of the Property pursuant to any power of sale contained in this Security lnstrument; (b) such other period as Applicable <br />Law might specif'y for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security <br />lnstrument. Thos� conditions are that Borrower: (a) pays Lender all sums which then would be du� under this 5ecurity <br />Instrument and the Note as if no acccleration had occurred; (b) cures any default of any other cavenants or a�reements; (c) <br />pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' Fees, <br />property inspection and valuation fecs, and other fees incurred for the purpose of protecting Lender's interest in the Froperty <br />and rights under this Security Tnstrument; and (d) takes such action as Lender may reasonably requir� to assure that Lender's <br />interest in Che Property and rights under this Security Instrument, and Borrower's obli�ation ta pay the sums secured by this <br />Security instrument shall contim�e unchanged. Lcnder may rcquire that Bonower pay such reinstatement sums and expenses in <br />one or morc of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, <br />treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a <br />fcderal agency, instrumcntality or entity; or (d) �lectronic Funds Transfer. Upon reinstatement by Borrower, this Sccurity <br />Instrument and obligations secured hereby shall remain fully effective as if no acccicration had occurred. However, this right tu <br />rcinstate shall not apply in the case of accelerqtion under Section 1 S. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Nate (together <br />NEBRASKA--Single Famiiy--Fannie Mse/Freddie Mac UNiFORM INSTRUMENT <br />� 331i.2 Pagc 9 uf 12 Form 3028 1/Ol <br />
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