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20i100224 <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be �iven by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unless Lender has de5ignated another address by notice to Borrower. Any notice in <br />connectian with this Security instruznent shall not be deezned 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 requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing l,aw; Severabilit,y; Rules of Construction. This Security Instruznent shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any reguirernents and limitations o£ <br />Applicable Law. Applicable Law might explicitly or implicitly allow the partie5 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 �vent that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect ather provisions of this Security Instruznent or the Note which can b� <br />given effect without the conflicting provision. <br />AS used in this Security Instrument: (a) words of the masculine gender shall rnean and include <br />corresponding neuter words or words of thc feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" giv�s sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower sk�all be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Sene�cial interest in Borrower. As used in this Section 18, <br />"Tnterest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficiai interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreezxaent, the intent of whicl� is the transfer of title by Borrower at a future date to a purchaser. <br />If a11 or any part of the Property ar any Interest in the Property is sold or transferred (or if �3orrower <br />is not a natural person and a ben��icial interest in Borrower is spld or transferred) without Lender's priar <br />written consent, Lender may require immediate payment in full of all sums securad by this Security <br />Tnstruznent. H�>wever, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exarcises this option, I..ender shall give Borrower notice of acceleration. The notice shall <br />provide a period of nol less than 30 days from the date the notice i� �iven in accordance with 5ection 15 <br />within which Borrower must pay all sums secured by this Security TnStrument. If Bor► fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />5ecurity lnstrument without further notice or demand an Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrawer rneets certain conditions, <br />F3orrower shall have tkae right ta have enforcement of this Security Instarument discontinued at any time <br />prior to Che earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such qther period as Applicable Law might specify for the termuaation of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditians are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrurnent and the Note as if no acceleration had occurred; (b} cures any default of any other covenants or <br />agreements; (c) pays al] expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees, praperty inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's intarest 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 F'roperty and <br />rights under this Security Instrument, and Borrower's obligation t� pay the sums secured by this Security <br />Instrument, sha11 cpntinue unchanged. Lender may require that Borrower pay such reinstatemenC sums and <br />expenses in one or rnore 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 check, provided 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 I3orrower, this 5ecurity Instrument and obligatians secured hereby <br />231040 <br />N�BRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) �osii� Page 11 or �s in�c�ai . � Form 3028 1I01 <br />� <br />