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2�liUU�7r1 <br />There may be only one designated notice address under this Security Insttwment at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class miail to L.ender's address <br />stated herein unless L.ender has designated another address by notice to Borrower. Any notice in <br />cannection with this Security lnstrument shall not be deemed to have been given to I,ender until actually <br />received by Lendex. lf any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law rcquirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rales of Construction. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. A11 rights and <br />obligations contained in this Security Instrument aze subject to any requirements and limitations of <br />Applicable Law. Applicable L.aw might explicitly or implicitly a11ow the parties to agree by contract or it <br />rnight be silent, but such silence sha11 not be construed as a prahibition against agreement by contract. In <br />the event that any pravision ar clause of this Security Tnstrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other pravisions of this Security Instrurrient 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 gea�der sha11 �uean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall znean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given ane copy af the Note and af this Security Instrument. <br />18. Transfer of the Pcoperty or a Bene�cial Interest in Borrower. As used in this 5ectian 18, <br />"Interest in the Property" means any legal or benefcial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a band for deed, contract for deed, installment sales conCract or <br />escrow agreement, the intent of which is the transfer of title by Borrawer at a future date to a purchaser. <br />If all ar any part of the Property or any Tnterest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bene�cial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment in full of a11 sums secured by this Se�urity <br />Instrument. However, this option shall not be exercised by L.ender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 <br />within which Borrower nnust pay all stuns secured by this Security Instxwnent. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender rnay invoke any remedies p�rmitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower rneets certain conditions, <br />Barrawer shall have the right to have enforcement of this Security Instrument discontinued at any tirne <br />prior to the earliest of: (a) �ve 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 termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Thase <br />conditions are that Borrower: (a) pays L.ender all sums which then would be due under this Secura#y <br />Instnunent and the Nate as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreemea�ts; (c) pays all expenses incurred in enforcing this Security lnstnunent, including, but not limited <br />to, reasanable 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 Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and $orrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. L.ender may require that Barrower pay such reinstatement sums and <br />expenses in ane ar more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�ed check, bank check, treasurer's check or cashier's che�k, provided any such che�k is drawn upon <br />an insCiCution whose deposits ar� 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 />N�BRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 <br />�-6�N�) 1081 71 Page 11 of 15 Initials: <br />� <br />��ti.-� <br />r 3028 1 /01 <br />