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2Q�100358 <br />� <br />"I'here may be only c�ne designated notice address under lhis Security Instrument at any one lime. Any <br />noticu to I,ender shall be given by delivering it ar by mailing it by first class mail to I.ender's address <br />stated herein unless I..,ender has designated anothcr address by notice to Borrower. Any notice in <br />connection with this Security Ynstrurnent shall not be deemed to have been given t� Lender until actually <br />receivcd by Lender. Tf any notice required by this Security Instrument is also rcyuired under Applicable <br />Law, the Applicable r.aw requircment will satisfy thc correspanding reyuirement under Lhis Securiky <br />Instrument. <br />16. Governing Law; Severability; Rules af Construction. This 5ecurily Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. Atl rights and <br />obligations contained in this Security Ins[rument are subject to any requircments and limitations of <br />Applicable I.aw. Applicable Law might explicitly or implicitly allow the partics to agrec hy contract or it <br />might be silent, but such silence shall not be canstrued as a prohibiCion against agreement by conlract. In <br />I;he event that any pxovision or claus�. af this Security Instrument or the Note conflicts with Applicable <br />I,aw, such contliet shall nol affect olher provisians of this Security Instrument or the Nc�te which can be <br />givcn effect without the conflicting provision. <br />As used in this Security Instxvment: (a) words of the masculine gender shall mean and include <br />corresponding neuler words or words of the ferninine gender; (b) wards in khe singular shall mean and <br />includu the plural and vice versa; and (c) the word "may" gives sole discreCion without any obligation to <br />take any action. <br />17. Borrower's Copy, Borrower shall be given one copy �f the Notc and of this Security Instrument. <br />1�3. Transfer of the Property or a Beneficial Interest in Barrower. As used in this Section 18, <br />"Interest in the Pr��perty" means any legal or l�eneficia] interest in khe Property, including, but not limited <br />to, those beneficial interests transferred in a bcrnd for decd, contracl for deed, installmcnk sales contract or <br />escrow agreement, lhe inten[ of which is the transfer of titic by Borrower at a future date [o a purchascr. <br />If all or any pari of the Property or any Interest in the Property is sold or transfcrred (or if Bc3rrower <br />is not a natural persan and a beneficial interest in Borrower is sold ar transferred) without Lender's prior <br />writtcn consent, Lender may require immediate payment in f"ull ��� a11 sums secured by this Sccixrity <br />Instrument, Hnwever, ltxis option shall not he exercised by L,ende:r if such exercise is prohibited by <br />Applicable I�w. <br />If Lender exercises this option, Lendcr shall givc Borrower notice of acceleration. The noticc shall <br />pravide a period of not less than 30 days from the date the notice is given in accordance with Section 15 <br />within which Borrower inust pay all sums secured by Ihis Security Instrument. Tf Bo�rrower fails to pay <br />these sums prior to the expirakian of this period, L�.nder may invoke any remedir:s permitted by this <br />S�curity Tnslrurnent without furcher notice ar demand an Borrowcr. <br />19. Borrower's Right tc� Reinstat� After Acreleration. If Borrower meefs certain conditions, <br />Borrower shall have the righk to have enforcement of this Sccurity Instrurnent discontinued at any time <br />prior to thc earliest of: (a} five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicablr; Law might specify for the ter�nination of <br />Borrow�.r's right to reinstdte; or (c) entry of a judgment enforcing this Securily Instrumcnt. 1�ose <br />conditicans are t.t�at Borrvwer: (a) pays Lender all sums which then wuuld be due under this Security <br />Instrument and thc Note as �f no accelcrationhad accurred; (b) cures any dcfault of any other covenants or <br />agrecments; (c) pays all expenses incixrred in enforcing this Security Instrument, including, but not limitcd <br />to, rsasonable at�orneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting T.ender's interGSt in the Property anci rights undcr this Security Instrument; and (d) <br />takes such action ds Lender may reasonably require to assure that T.ende:r's interest in the Prnperty and <br />rights under this Security Instnzrnent, �nd Borrower's obligatian to pay the sums secured by this Security <br />Instrument, shall con[inue unchanged. L.ender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by I,ender: (a) cash; (b) xnaney order; (c) <br />certified check, bank chGCk, treasurer's check or cashier's chcck, provided any such check is drawn upon <br />an inslitution whUSe deposits are insuxed by a federal agency, instrumentality or entity; or (d) �lectronic <br />I'unds 1`ransfer. Upon reinstatemcnt by Borrower, this Security Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mgc UNI�ORM INSTRUMENT <br />�-6�N�� roelii Page ii ot �� in�' Form 3028 1I09 <br />