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2a1U09�4� <br />There may be only one designated notice address under this Security Instrument at any one tirne. Any <br />notice to Lender shall be given by delivering it or by mailing it by �rst class mail to Lender's address <br />sCated herein unless I.ender has designated another address by notice to Barrower. Any notice in <br />connection with this Security Instrument shall not be deemed Co have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrurnent is also required under Applicable <br />Law, the Applicable Law requirernent will satisfy the corresponding requirement under this Security <br />Instrurnent. <br />16. Governing 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 />obligatians contained in this S�curity Instrument are subject to any requirements and lirnitations of <br />Applicable Law. Applicable Law might explicitly or implicitly al.low the parties to agree by cantract 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 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 mean and include <br />corresponding neuter words ar wards of the feminine gender; (b) words in the singular shall mean and <br />includ� 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 Beneficial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" rneans any legal or beneficial interest in the Property, including, but not limited <br />to, those bene�cial interests transferred in a bond for deed, cantract for deed, installrnent sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date ta a purchaser. <br />If all or any part of the Froperty or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bene�cial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, I.ender may require immediate payment in full of all surns secured by this Security <br />Instrurnent. 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 Borrower notice of acceleration. The notice sha11 <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 surns secured by this Security Instrurnent. If Borrower fails to pay <br />these surns priar to the expiration of 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 After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discantinued at any time <br />prior 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 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 />canditions are that Borrower: (a) pays Lender 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 covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, property inspection and va�uation 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 Co assure that I,ender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the suzns secured by this Security <br />Instrurnent, shall continue unchanged. L.ender znay require that Borrowex 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 whase 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 Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-B�NE) 1o9i i1 Page i i ot i s Initials: FOrm $Q2$ 1/Q1 <br />c "� ' � � . . � p . <br />