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201009788
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Last modified
12/29/2010 4:07:36 PM
Creation date
12/29/2010 4:07:35 PM
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DEEDS
Inst Number
201009788
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201009788 <br />There may be only one desr��ateci notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be givcn by delivering it or by mailing it by first class mail to .Lender's address <br />stated herei❑ unless Lender has designated another address by notice to Bprrower. Any notice in <br />connection with this 5ecurity Instrument shall not be deemed to have been given to I_ender until actually <br />received by Lender. if any notrce 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 />rnstrurnent. <br />ib. Governing Law; Severability; Ru1es of Construction. This 5ecurity Instnxment shall be <br />governed by federal law and the law of tk�e jurisdiction in which the Property is lacated. All rights and <br />obligations containe� in this 5ecurity Instrument are subject to any requirements and limitations of <br />AppHcable Law. Applrcable Law mrght explicitly or implicitly 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 prorrision or clause af this Security Insttument 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 wnrds ar wards of the feminine gender; (b) words in the singular shal.l mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any actian. <br />17. Borrawer's Copy, Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Tr$nsfer of the Property pr a Beneficial Interest in Borrower. As used in this Section 18, <br />"Tnterest in the Property" means any legal or bene�cial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed., contract for deed, installenent sales coratract or <br />escrow agreemer►t, the intent o£which is the transfer of title by .F3orrower at a future date to a purchaser. <br />[f all or any part of the Propexty or any Interest in the Property is sald or transfer (ar if Borrower <br />is not a natural person and a bene�cial interest in F3orrower is sold or transferred) withaut Lender's prior <br />written consent, Lender rnay require immediate payment in full of a11 sums secured by this Security <br />Instnunent. However, this option shall not be cxercised by Lender if such exercise is prohibited by <br />Applrcable Law. <br />If Lender exercises this option, Lcnder shall give Borrower notice of acceteration. The notice shail <br />provrde a period of not less than 30 days from the date the notice is given rn accordance with Section 15 <br />within which F3orrower must pay all sums secured by this Security Instrurnent. If Borrower fails ta pay <br />these sums prior to the expiration of this pzrrod, Len,der may invoke any remedies pernvtted by this <br />Security Insttwnent without further notrce or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceler�tion. If Borrower meets certain conditions, <br />Barrower shall have the right to have enaforcement of this Security Instrument discontinued at any time <br />prior to the earliest of (a) five days bcfore 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; ar (c) entry of a judgment enforcing this Security Instrumcnt. Thosc <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this 5�urity <br />Instrument 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 ]imited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lendec's interest in the Properiy and right�s under this Security Instrument; and (d) <br />takes such action as I,ender may reasonably require to a.ssure that Lender's interest in the Property and <br />rights under this Security Instrument, and T3orrower's ob.�igation 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 nnore of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institutron whose depc�sits are insured by a federal agency, instrurnentality ar entity; ar (d) Electranic <br />Funds Transfer. Upon reinstatement by �3orrower, this Security Instrument and nbligatrons se�ured hereby <br />shall remain fully effective as if no acceleration had occurrcd, Hawever, this right to rernstate shall not <br />apply rn the case of acceleratian under Sectron 18. <br />22Q0066269 D V6AN� <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 WITH M�R <br />�-BA(NE� (oato) peee t i o+ � 5 in�t�aig: f�_ '�C , Form 3028 1/01 <br />c> <br />��,�-� <br />
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