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201009824
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Last modified
12/30/2010 3:41:10 PM
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12/30/2010 3:41:09 PM
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DEEDS
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201009824
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2oioa9s�4 <br />There xnay bG c>nly one designated notice address under this Security Instrument at any one time. Any <br />notice to I.c:nder shall be given by delivering it or by mailin� it by first class mail to T,ender's address <br />stated h�rcin ixnless L.ender has designated another address by natice to Borrower. Any notice in <br />connectian with this Security Tnstrument shall not be deemed to have: be�n given to Lender until actually <br />re.ccivcd by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applic:able Law requirement will satisfy the correspcanding requirernent under this Security <br />Instrument. <br />lb. Governirr� Law; Severability; Rules of Constructian. This Security Instruinent shall be <br />governed by federal law and the law of lhe jurisdiction in which the Property is located. All rights and <br />obl'rgations contained in this Securily Instrurnent arc: subject to any requirements and limitations of <br />Applicable Law. Applicabl� �aw might explicitly or implicitly allow the parties to agree by contract or it <br />might be silenl, hul such silence shall not be construed as a prohibition againsl agrecmcnt by contract. In <br />lhc cvent that any provision or clause of this Security TnstrumGnl aar th� Note conflicts with Applicable <br />I.,aw, such eonflict shall not affect other provisions of this Sc:curity Instrurnent or the Note which can be <br />given effect without the conflicting pravisic7n. <br />As used in this Security Instrument: (a) words of the masculine gendcr 5ha11 mean and include <br />corresponding neuter words or words of the feminine gender; (b) words in th� singular shall nnean and <br />include thc plural and vice versa; and (c) the word "may" gives sole discretion wilhc�ut any pbligatic�n tc� <br />take any ac:tic>n. <br />17. Borrower's Copy, Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of th� Property or a Beneficial Tnterest in Barrawer. As used in this Sectian 18, <br />"Interest in the Yroperty" means any lc:gal or bcnefic:ial inlcrest in Lhe Property, including, but not limited <br />to, those beneficial interests transfc:rrcd in a bond fc7r dccd, cc�ntract far deed, installment sales contract or <br />escrow agreement, the intent of which is I.hc lransfr:r caf titic: by Borr�wer at a future date to a purchaser. <br />If all aar any part of the Property or any Interest in the 1'roperty is sold or transferred (or if Borrower <br />is nat a natural person and a beneficial interest in Borrower is sold or transferred) wilk►c�ut I.�ndcr's pric�r <br />written consent, L.ender may require immediate payment in full of all sums sc:c:ured by this Securiky <br />Instrurnent. However, this option shall not bc cxerciseci by I.endcr if such exercise is prohibited by <br />Applicable L,aw. <br />If Lender exerciscs lhis Uplian, I.�nder shall give Borrower notice af acceleration. The notice shall <br />provide a period of nol lcss than 3Q days frarn the date the natice is given in accordance with Section 15 <br />within which T3orrower must pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrument withaut further notice or demand qn Borrower. <br />19. Borrower's Right tu Reinstate Atter Acceleratian. If Barrawer rneets certa'rn canditions, <br />T3orrower shall have the right tp have enfarcement of this Security Instrument discontinued at any time <br />prior ta lhe carlic5t of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />lhis Sccurity Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrawer's right to reinstate; or (c) entry of a judgment enforcing this Security Tnstrument. 'Ihose <br />conditions are that Borrower: (a) pays L.ender all suins which then would be due under this Security <br />Instrurnent 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 Tnstrument, including, but not limited <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 Instrument; and (d) <br />takes such action as T.ender may reasonably require to assure that Lender's interest in the Yroperty and <br />rights under this Security Tnstrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, 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 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 institution whose deposits are insured by a federal agency, instrumentality or enlity; or (d) �leclronic <br />Funds T'ransfcr. LJpon reinstat�ment by Bc�rrower Ihis Securlty Instrumcnl dnd obligations secure;d hcrcby <br />NEBFiA5KA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM IN5TRUMENT <br />�-6�NE) loei i J Pdgd 11 af 1 5 m ais: Form 3028 9I09 <br />
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