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201100040 <br />There may be only one ciesignated notice address under this Securi�ty Jnstrument at auy ane tunc. Any <br />notice to Lender shall be given by delivering it or by mailin� it by first class mail to Lcnder's address <br />stated hcrein unless Lcnder has designated another address by noticc to Saxrower. Any nptice in <br />connection with this Security Tnst�vment shall not be deemed to have been given to I.ender until actually <br />received hy Lender. If airy notice required by this Security Instrument is also xequired under Applicable <br />Law, khe Applicable I.aw requirement will satisfy the canesponding requirement under khis Security <br />Instrument. <br />16. Governing Law; Severabiliky; Rule� of Construction. This Sccuxity Instnimcnt shall be <br />governed by federal law �nd tho law of the jurisdiction in which the Property is located. All rights and <br />obligations wntuined in this Security Instn�ment are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicifly ar implicitly allow the parties to agree by contract or it <br />might be silcnt, but such silence shall not be construed as a prohibition against agreement by contract. In <br />the event that any pmvision or clausc of this Security Instru�nent or the Note conflicts with Applicable <br />Law, such wnflict ahall not affect other provisions of this Security Instrument or the Note which can be <br />given effect wikhout the conflicting provision. <br />As used in this Security Instrument: (a) words of ttie noasculinee gender shall mean a.nd include <br />correspc�nding neuter words or words of the feminiue gender; (b) words in the si�ular stxall mean and <br />incluck the plural and vice versa; and (c) the word "may" gives svle discretion withoat any obligation to <br />take any action. <br />17. Sorrower'� Capy. Borrower shall be given one capy nf the Note and of this Security Instniment. <br />18. Transfer of t�e Property or a Ben�cial Iriterest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or bene�cial iunkerest in t}ie Froperiy, including, but not limited <br />to, those bene�cial interests transferred in a bond for dced, epntract for deed, installmcnt salcs wntract or <br />escrow agrcement, the iutent of which is the transfer of titic by Borrower at a future date to a purchaser. <br />If all or azry part af the Property ar any Interest in th� Property is sold or transferred (or if Bormwer <br />is not a natural person and a bencficial interest in Borrowcr is sold or transfernd) without Lender's prior <br />written consent, I.cndcr may requixe immediate payment in full of sU sums secured by this Security <br />Instrument. However, this option shall nat be exercised 6y Lcnder if such oxcrcisc is prohibited by <br />Applicable Law, <br />If Lender exercises this option, Lender sha11 givc Borrower noticc oF acceleration. The notice ahall <br />provide a period af nat less than 30 days firom the date the notice is given in accordance with Section 15 <br />within which Borrower must pay all swns sccured by this Security Inshvment. If Borrower fails to pay <br />these sunns prior to thc c�iration of this period, Lender may invokc any remedies permitted by this <br />Security Instrument withvut fuxther notice or demand on Borrower. <br />19. Sorrower's Right to Reinstate At'ter Acceleration. If Borrower meets certain conditions, <br />Boxrowcr shall have the ri,qlYt to have enfarcement of this Sccurity InstruuienC discnntinned at any time <br />prior to khe earliest of: (a) �ve days before salc of the Property pursuant to any pawer af sale contained in <br />this Security Inswment; (b) such other period as Applicable I.aw might specify for the termination of <br />Borrower's right to reinstate; or (c) enkry of a jndgment enforcing this Security Instanzment. Those <br />conditions are that Borrower: (a) pays I,ender all sums which then would be due undex this Security <br />Instniment and the Notc as if no acceleration had occurred; (b) �u�es any default of any other covenants or <br />agreements; (c) �ys all expenses incurred in enforcing khis Security Instrument, including, but not limited <br />to, rcasonable attorncys' fces, property inspection and valuation feos. and other fees incurred for the <br />purpose of protecting Leuder's intcrest in the Property and rights under this Security Tnstruxncnt; and (d) <br />takes such action as Lender may reasonably require to assure that Lender'a interest in the Property and <br />rights under khis Security Instrument, and Borrower's obligation to pay tho sums secured by this Security <br />Inst�vment, shall contimic unchanged. Lerxier may �requixe that Borrowor pay such reinstatement sums and <br />c�enses in ono or �re af the following farms, as selr.cted by Lender: (a) cash; (b) money order; (c) <br />certiffed ch�k, bank checic, traasurer's checl� or cashicr's check, pmvided any such check is drawn upon <br />an institution whose deposits are insurrcd by a federal agoncy, instruancntal,ity or entity; or (d) Electronic <br />Funds Transfer. Upon rcinstate�nt by Borrower, this Security Instrument anui obligations se�urcd hercby <br />shall remain fully effective as if no acceleration had occurrcd. However. this right to reinstate shall not <br />apply in the case of accelexation under Section 18. <br />2300019749 ��� D V6ANE <br />NEBR4SKA - Sinqle Family - Fannfe Map/i'�+sddia Mac UNIR?RM INSTt�lMENT WITH IZ3 <br />�-8A(NE)�oeioi P�p� 11 or �e i„�,� �� �'vrm 3028 1/01 <br />