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201�Q0204 <br />Thcrc may be only one designated noCice address under this Security Instrument at any one time. Any <br />notic�: to Lender shall be givc:n by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unless I.ender has designated another address by notice tc� Borrower. Any notice in <br />connection with this Security Instrument shall not be de�med to have been givcn to Lender until actually <br />received by L.ender. If any notice required by lhis S�.curity Instrument is alsr� required under Applicable <br />Law, the Applicable Law requirement will sakisfy ihc cc�rresponding requir�m�:nt under this Security <br />Instrument. <br />16, Governing Ls�w; Severability; Rules of Canstruction. 1�is Security Instrurnent shall be <br />g�verned by federal law and the law of the jurisdiction in which the Yroperty is located. All rights and <br />obligations contained in this Security Instrumenl are subject to any requiremenls and lirnitations of <br />Applicable Law. Applicable Law might explicitly nr ixnplicitly allow the parties to agree by contract or it <br />might bc: silent, but such silencc shall not be construed as a prohibitian a�ainst agreeinent by contract. Tn <br />the event that any provision c7r clause of this Security Tnstrumenl ar the Note conflicts wilh Applicable <br />I,aw, such conflict shall nnt affect other provisions of this S�curity Instrument or the Note which can be <br />given effe:ct without the conflicting provision. <br />As used in lhis Security Instrument: (a) wc�rds af the rnasculine gender shall mean and include <br />corresponding 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 sale discretion without any obligatinn to <br />takc any action. <br />17. Borrower's Copy. Borr�wer shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Sencficial Interest in Borrower. As used in this Section 18, <br />"'Interest in the Property" means any legal ar beneficial interest in the Properfy, including, but not limited <br />t�, ihose beneficial interests transfcrrcd in a bond for deed, contract for deed, installment sales contract or <br />c;scrnw agreement, the inlcnt c�f which is the transfer of title by Borrower at a future date to a purchaser. <br />Tf all c�r any part of the Yroperty or any Interest in the Property is sold or lransf�rred (or if Borrower <br />is not a nakural person and a beneficial int�rest in Borrower is sold or transfcrred) without L,ender's prior <br />written consent, L.ender may require immediate payrnent in full of all sums scc:ured by this Security <br />Tnstrument. However, this option shall nol be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />Tf I.ender exercises this option, T.ender shall give B�rrawcr notice of acceleration. The notice shall <br />provide a periad of not less than 3� days from the datc thc notice is given in accordance with Section 1S <br />within which Barr�wer inust pay all sums securcd by lhis Secnrity Instrument. Tf Borrower fails tc� pay <br />thcsc sums prior to the expiration of Chis period, L.ender may invoke any rcmedics permitted by this <br />S�.curity Instrument without further natic� or demand on Borrower. <br />19, Borrower's Right to Reinstate After Acceleration. If Borrnwer meets certain conditions, <br />Borrower shall have the right ta have enforcement of this Security Tnstrumcnf discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Yroperty pursuant to any pc�r�vet' of sale contained in <br />lhis Sccurity Instrument; (b) such olhcr periad as Applicable Law might specify for thc kermination of <br />Borrower's right to reinstate; or (c) entry af a judgrnent enforcing this Security Instrumcnt. Thc�se <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Sccurity <br />Tnstrument and khe Note as if no acceleration had occurn.d; (b) rures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enfarcing this Security Instru►nent, including, bul nc�l limited <br />to, reasonable attorneys' fecs, property inspection and valuation fees, and �lher fues incurred for the <br />purpose of protecting I.cndcr's interest in the Property and rights under tY�is Seeurity Instrument; and (d) <br />takes such action as I.cnder may reasonably require to assure that Lender's interest in the Property and <br />ri,ghts under this Security Instrurnent, and Borrower's obligation to pay lhe surns secured by this Security <br />Instrument, shall continue unchanged. L.ender may require that Borrowc:r pay such reinstatement sums and <br />expenses in one or m�re af the following f"orms, 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 dcpasiks are insured by a federal agency, instrumentality or en[ity; ar (d) Electronic <br />Funds '1'ransfer. Upon reinstatement by Borrower, this Security Instrument and obligatians secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �� �� <br />�-6�NE) loai i 1 Paga 11 of 16 inieiais: �IIS ]�1-(i� Form 3028 1I01 <br />—�� <br />