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2oiooss4� <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />natice to Lender shall be given by delivering it ar by mailing it by �rst class mail to L.cnder's address <br />stated herein unless L.ender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall 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 requirernent will satisfy the corresponding requirement under this Security <br />Jnstrument. <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 />abligatians contained in this Security Instrument aze subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly a11ow 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 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 lnstrument or the Note which can be <br />given effect withaut the conflicting pravision. <br />As used in this Security Instrument: (a) words of the masculine g�ad,er shall tn,eaxa and include <br />carresponding neuter words or words of the ferninine gender; (b) words in the singular s1�a11 �i and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion wittzout 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 InstruYt�ent. <br />18. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Section 1$, <br />"Interest in the Property" rneans any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agr�ement, the intent af 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 sald or transferred (ar if Barrawer <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, I.ender may require unmediate payment in full af all sums secured by this Security <br />Instrument. However, this option shall not be exercised by l.ender if such exercise is prahibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give $orrower notice of acceleration. The notice sha.11 <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 $orrower must pay all sums secured by tk►is Security Instrume�zt. If Borrower fails to pay <br />these sums prior to the expiration of this period, J...ender may invoke any rernedies pernutted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstmte After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforc�rnent of this Security Instnunent discontinued at any tune <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 termivatian af <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Insx���_ Thos� <br />randitions are that Borrower: (a) pays Lender all sums which then would be due under this $e�uriiy <br />Instrurnent and the Note as if no acceleration had accurred; (b) cures any default af any other covena�ts or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instnunent, including, but not limited <br />ta, 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 Instnunent; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Secu�ity <br />Instrument, shall continue unchanged. L,ender may require that Borrower pay such reinstatement swns ax►d <br />expenses in one or rnore of the following forms, as selected by L.ender: (a) cash; (b) money arder; (c) <br />certifiexl check, bank check, treasurer's check or cashier's check, provid�d 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 reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />IVEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-B�N�) (0811) Page 11 of 15 Initials: <br />� <br />' <br />� <br />Form 3028 11d9 <br />�. ' « ` � , <br />� <br />