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20��oo3s3 <br />There may be only one designated notice address under thi5 Sccurity Instrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first clasa mail to Lender's address <br />stated herein unless Lender has designated another address by natice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed �o have bcen given to Lender unti] actually <br />recezved by Lender. If any notice required by this SecuriCy Instrurnent is alsa required under Applicable <br />Law, the Applicable Law r�quirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. C"roverning Law; Severability; Rules of Canstructian. 'I'his Security lnstrument shall be <br />governed by federa] law and the law of the jurisdiction in which the Property is located. All rights and <br />obligatians contained in this Security Instrurnent are subject to any requirements and lunitations of <br />Applicable Law. Applicable Law might explicitly or iznpticitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreemeni by contract. In <br />the ev�nt that any provision or clause of this Securiry lnstrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Securiry Instnxment or the Note which can be <br />given effect without the conflictin� provision. <br />As used in this Security Instrument: (a) words of the masculine �ender 5ha11 mean and include <br />corresponding neuter w�rds 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" �;ives sole discretion without any obligation to <br />take any action. <br />17. Sorrawer's Copy. Borrower shall be given pne copy of tlie Note and of this Securiry Instrument. <br />18, 'Transfer of the Property or u Beneficial Interest in Sorrower. As used in this Section 18, <br />"Interest in the Prpperty" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial int�r�sts transferred in a bond for deed, cantract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Froperty or any Inter�st in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />writtan consent, Lender may require immediate payment in full of all sums secured by this Security <br />Instruxnent. However, this option shall not be exercised by Lender 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 peraod of not less than 30 days from the date the notice is given in accordance with 5ection 1 S <br />within which E3orrower must pay all sums secured by this Security Instrument. If Borrower f'ails to pay <br />these sums priar to the expiration o£ this period, Lender may invoke any remedies permitted by this <br />Security Instrument withoul further notic� or demand on Borrower. <br />19. Borrower's Right ta Re'rnstate After Acceleration. If Borrower meets certain conditions, <br />Borrower sliall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any pawer of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law mi�ht specify for the te�nination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants pr <br />agreements; (c) pays all expenses incurred in enforcing this Security lnstrument, including, but not limited <br />to, reasonable 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 Instrurnent; and (d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Praperty and <br />rights under this Security Instrurnent, and Borrower's obligation to pay the sums secured by this Security <br />Instxument, shall continue unchanged. Lender may require that Sorrower pay such reinstatement suzns and <br />expenses in one or more of the followin� forms, as selected by Lender: (a) cash; (b) moz�ey 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 deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and obligations secured hereby <br />231043 <br />NEBRASKA - Single Family - Fannie Mae/Freddis Mac UNIFORM INSTRUMENT <br />�-6�NE) �oa� �) Page 11 of 15 in�c Form 3028 1I01 <br />� <br />