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2o�oos7�i <br />lfiere znay be orily 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 �rst class mail to I.ender's address <br />stated herein unless Lender has designateti another address by notice to Borrower. Any natice in <br />connection with this Security Instrument shall not be deerned to have been given to l.,ender 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 wi11 satisfy tlxe corresponding requirernent under this Security <br />Instrument. <br />16. Governing Law; Sev�rability; Rules of Construction. 'I't�is Sccuriry Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations cantained in this Security Instturnent are subject to a�ny xequirements and limitations of <br />Applicable Law. Applicable Law rnight explicitly or ixnplicitly allow the 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 pravision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such canflict sha11 not affect other pravisions af this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Instnunen�t: (a) wo:r�s of the masculine gender sha11 mean and include <br />corresponding neuter words or words of the feminine gender; (b) words i� 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 cvpy of the Note and of this Security Instrument. <br />1$. Transfer oF the Property or a Bene�cial Interest in Borrawer. As used in this Section 18, <br />"Interest in the Property" zneans any l�ga1 ar beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract far desd, 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 />Tf a11 or any part of the Property or any Interest in the Property is sold or transferred (ar if Borrower <br />is not a natural person and a bene�icial interest in Borrower is sold or transfenred) witliout Lender's prior <br />written consent, Lender may require immediate payment in fu11 of all surns secured by this SecuriCy <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, L.ender shall give Borrower notice of ac�eleration. 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 must pay all sums secured by this Security Instrume�t. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any rernedies peiYnitted by this <br />Security Instrument withaut further notice or demand on Borrower. <br />19. Borrawer's Right to Reinstate After Acceleration. If Borrower zne�ts certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any CiYr�e <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale cont.�ix�ed ir► <br />this Security Instrurnent; (b) such other period as Applicable Law might specify for the t�rnunati� of <br />Borrower's right to reinstate; or (c) entry af a judgment enforcing this Security Instru�t. 'Ilx�s�e <br />conditions axe that Borrower: (a) pays Lender all sums which then wauld be due under this �y <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other oov�s ur <br />agreements; (c) pays all exp�nses incurred in enforcing this Security Instrument, including, but not li�ai�ted <br />to, reasonable 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 Instrum:ent; and (d) <br />takes such action as Lender xnay reasonably require to assure that I.ender's interest in the Property and <br />rights under this Security Instrument, and Bonower's abligation to pay the sutns secured by this Security <br />Instrument, shall continue unchanged. L.ender may require that Borrower pay such reinstaternent surns and <br />expenses in one or more of the following farms, as selected by Lender: (a) cash; (b) rnoney 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 reinstat�ment by Borrower, this Security Instrument and abligations secured hereby <br />NEeRASKA - Singte Family - Fannie Mae/Freddie Mac UNIFORM INSTRUIIAENT <br />�-Q�N�) (0811) Page 11 of 15 Initials: <br />Form 3028 1/01 <br />� ` +, � <br />� <br />