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20110000� <br />There may be only one designated nc�ticG address under this Security Instrument at any one time. Any <br />notice to Lender shall be given k�y delivering it or by mailing it by first class mail to I.ender's address <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Sccurity Instrument shall not be deerned to have been given to T.ender until actually <br />received by L,ender. If any notice ruyuir�d by this Security Instrument is also required under Applicable <br />Law, the Applicablc Law requirement will satisfy the corresponding requirement under this Security <br />Tnstrument. <br />16. GUVerning Law; Severability; Rules of Construction. This Sccurity Instrumenl shall bc <br />governc:d by federal law and the law of the jurisdiction in which the Property is locatcd. All rights and <br />obligalic�ns contained in this Security Instrument are subject to any requirem�:nts and timitation,s ��f <br />Applicable I.aw. Applicable Law might explicitly or implicitly allow the partics tca agr�e by cantrar:t c�r it <br />might be silent, but such silence shall not be cc�nslrucd 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 n��i affect other provisions of this Security Instrument or the Note which can be <br />given effect without the cc�nl7icting pravision. <br />As used in this Security Tnstrument: (a) words of the masculine gender shall mean and includc <br />c:c>rresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discrction without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall hc given one cc�py c�f the Nolc and of this Security Instrument. <br />18. TransP�r uf the I'roperty or a Beneficial lnterest in Borrower. As used in this Section 18, <br />"Inlc:rc:st in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />lc�, thc�se beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />cscrc�w 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 Int�r�s[ in iht Parc>p�rly is sc�ld or transferred (or if Borrower <br />is not a natural person and a bencficial inlcrest in Bc�rrc�wer is sold or fransferred) wittxaut I,ender's priar <br />written consent, T.endcr may rcquirc: immcdiat� payment in full of all sums s�cur�d by this Sec:urily <br />Tnstrument. Hc�wever, this optian shall not be exercisGd by I,endcr if such exercise is prahibited by <br />Applicable L.aw. <br />If L.ender exercises this option, Lender shall give Borrower notice af acceleration. 17ie notice shall <br />pruvide a period pf not less than 30 days frorn the date the notice is given in accordance with Sectian 15 <br />wikhin which Borr�wer must pay all sums secured by this Security Instru�ment. If Borrower fails to pay <br />these sums prior t� the expiration of this period, Lender rnay invoke any remedies permitted by this <br />Securify Instzvment without further notice or demand on Borrower. <br />19. Sorrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Bc�rrawer shall hav�: the right to have enforcement of this Security Instrument discontinued at any time <br />prior tp the earliest af: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instru�rnent; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security lnstrument. '1'hose <br />conditions are that Bonower: (a) pays T.ender all sums which then would be due under this Security <br />Instrument and the Note as if no accelerationhad 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 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 Tnstrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Yroperty and <br />rights under this Securiky Instarument, and B�nr�wer's obligation to pay the sunis secured by this Security <br />Tnstrumcnt, shall continue unchangcd. I..ender may reyuire that Borrower pay such reinstatement sums and <br />C:X�GASGS in nne or xric�re pf th4 foll�wing fc�rms, as selected by T.ender: (a) cash; (b) money order; (c) <br />certified ch�ck, bank check, treasurer's ch�ck oar cashier's check, provided any such check is drawn upon <br />an institution whpse deposits are ir�sured by a fedcral agency, instrumentality or entity; or (d) �lectronic <br />Funds Transfcr. i]pc>n reinstaterncnt by Barrawcr, lhiti Security Instrument and obligations secured hereby <br />NEBRASKA - 5ingis Family - Fannie MaelFreddie Mac UNIFDI�M INStRUMENT <br />�-6�NE11oe��1 Paqn 11 of 16 i��c�eis:"�� porm 3028 9I09 <br />