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20110U37"� <br />There may be only one designated notice address under this Security Instrutnent at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail ta Lender' s address <br />stated herein unless Lender has designated anather address by notice to Borrawer. Any notice in <br />conneckion with this Security lnsttvment shall not be deemed to have been given to Lendec until actually <br />received by Lender. Tf any notice r�uired by this Security Tnstrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be <br />governed by fedetal 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 requirements and litnitation5 0� <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreetnent by contract_ In <br />the event that any provrsion or clause of tk�is Security Instrument or the Note conflicts with Applicable <br />Law, such conflict 5ha11 not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Inshwnent: (a) words of the masculine gender shall tnean and include <br />carresponding neuter words or words af the fe►ninina geuder; (b) words in the singular shall mean arad <br />include the plurai and vice versa; and (c) the word "may" gives sole discre�tion without any obligation to <br />take any action. <br />17. Barrower's Copy. Borrower shall he given one copy of the Note and of this Security Instrurnent. <br />18. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Seckion 18, <br />"Interest in the Property" tneans any legal or beneficial interest in the Property, including, but not liamited <br />to, thase beneficial interests transfetxed in a bond for deed, contract for deed, installment sales corttract or <br />escrow agreement, the intent af which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Property or any Interest in the Properiy is sold or transfert'ed (or if Borrower <br />rs not a natural person and a bene�cial interest in Borrower is sold or lransferred) without Lender's prior <br />written consent, Lender may require rmmediate payment in full oF all swns secured by this Secunity <br />Instrument. However, this option shall not be exercised by Lender if such exercise is p.rohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Banrower 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 />witlun which Barrower must pay all sutns secwed by this Security Insmiment. If Borrower fails to pay <br />thesa surns prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Securrty Tns�ent without further notice ox demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) fivc days before sale of the Property pursuant to any power of sale contained in <br />this Security Inshument; (6) such other period as Applicable T..aw might specify for the termination of <br />Borrower's right to reinstate; or (c) eniry of a judgment enforcing this Security Instrurnent. '�hose <br />conditions ate that Bo.rrower: (a) pays Lender all sum5 which then wonld be due under' this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures atty default of any other cavenan#s or <br />agraements; (c) pays all expenses incurred in enforcirtg this Se�urity Tnstrument, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurted for the <br />purpose of protectang Lender's interest in the Property and rights under thrs Sacurity Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rig�ts under tl�is Security Insirument, and Borrower' s obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Leuder may require that Borrower pay such reinstatement sun�s and <br />expenses in one or more of the following fotms, as selected by Lender: (a) cash; (b) monay order; (c) <br />certified check, bank check, treasurer's check or castuer's check, provided any such check is drawn upon <br />att institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Ele�tronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument az�d abligations s�uxed hereb� <br />shall remain fully effective as if no acceleration had occurred. Howaver, this right to reinstate shall npt <br />apply in the case of acceleratian under Section 18. <br />2200091456 b v6Al�iE <br />NEBRASKA - Single Family - Fannle MaelFreddle Mac UNIFORM INSI"RUMENT W(TH MERS., <br />�-6A(NE) �oaiol Pege 11 of 15 in�bais: � Form 302$ 1/01 <br />c� <br />