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�01009�51 <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 ta Lender's address <br />stated herein unless L,�nder has designated another address by notice to Barrower. Any notice in <br />connection with this Security Instrument sh�il not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instnirnent 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 Security Tnstrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agres by contract or it <br />rnight 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 of this Security Instrument or the Note conflicts with Applicable <br />Law, such con#lict 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 />corresponding neuter words or words af the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sale discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower sha11 be giv�n one copy of the Note and of this Security Instrument. <br />1$. Transfer of the Property or a Benet�cial Interest in Borrower. As used in this Section 1$, <br />"Interest in the Property" rneans any legal or beneficial interest in the Praperty, including, but not limited <br />to, those beneficial interests transfened in a band for deed, contracC for deed, 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 all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender may require irnrnediate payrnent in full of all sums secured by this Security <br />Instrument. However, this option sha11 not be exercised by I.ender if such exercise is prohibit�d by <br />Applicable Law. <br />If Lender exercises this option, I,ender shall givs 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 1 S <br />within which Borrawer rnust pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior ta the expiration of this psriod, I.ender may invoke any remedies permitted by this <br />Security Instrument without further notice or dennand 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 discontinued at any time <br />prior to the eazliest 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 af <br />Borrower's right ta reinstate; or (c) entry of a judgment enforcing this Security Tnstrument. Those <br />conditions are that Borrower: (a) pays Lender a11 sums which then would be due under this Security <br />Instrument and the Notc 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 Instrurnent, including, but not lirnited <br />to, reasonable attorneys' fees, property inspection and valuatzon fees, and other fees incurred for the <br />purpose of pratecting Lender's interest in the Property and rights under this Security Instrument; ar�d (d) <br />takes such actian as Lender may reasonably require to assure that L,ender'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 />Tnstrument, shall continue unchanged. I.ender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by L,�nder: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check ar cashier's check, provided any such check is dxawn upon <br />an institution whose depasits are insured by a federal agency, instrumentaliCy or entity; or (d) ElecCronic <br />Punds Transfer. Upon reinstatement by Borrower, this Security Instnunent and obligations secured hereby <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-BINE) loeii� Page 11 of 15 in�tiais:!yi�/� Form 3028 1/09 <br />�_„� <br />�� �' <br />e �', s . <br />