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2o�ioo�o� <br />There rnay be only one designated notice address undcr this Security Tnstrument al any one tirne. Any <br />notice lo L,ender shall be given by delivearing it or by mailing it by first class rnail to Lender's address <br />stated herein unless Lender has designaCed another address by notice tc� Br�rrower. Any notice in <br />connectian with this Security Inslrument shall not be deemed to have bccn given to Lender until actually <br />received by Lender. If any notice requircd by this Security Instrument is also required under Applicable <br />Law, ihe Applicable Law rcquiretnent will satisfy the corresponding requirement under this Security <br />Tnstrument. <br />16. Gaverning Law; Severability; Rales of Canstruction, This Security Instrument shall be <br />governed by federal law and the law of t1�� jurisdiction in which the Property is loaated. All rights and <br />obligations contained in this Security Insl�rument are tiubject to any requiremenls and limitations of <br />Applicable Law. Applicable T.,aw mighl explicitly or irnplicitly allow the partics to agree by contract or it <br />might be silent, but such silenc:e shall not be construed as a prohibition against agreement by contract. Tn <br />the event that any provision or clause of this Sccurity Tnslrument ar the Note conflicts wilh Applicable <br />Law, such conflict shall not affect other provis►ons of this Security Instrument or the Note which can be <br />given effect withc�ut the contlicting provision. <br />As used in this Security In,strument: (a) words of the masculine gendar shall mean and include <br />cc�rresponding neuter words ��r wards of the feminine gender; (b) words in the singular shall mean and <br />includc th� plural and vice versa; and (c) the word "rnay" gives sole discretion wifhoui any obligation to <br />take any action. <br />17. Borrower's Copy. Bc�arz��wer shall be given one copy of the Note and of I.his Security Instrument. <br />18. Transfer of the Property or a Beneficial Interetik in Borrower. As used in lhis Section 18, <br />"Interest in thc Property" rneans any legal or bencficial interesc in the Property, including, but not limited <br />to, those hencfic:ial interests transferred in a bond fc�r de�d, cantract for deed, installment sales contract or <br />escrow agreement, the intent o1' which is the transf�r of title by Borrower at a f"uture date to a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural persan and a beneficial interest in Borrower is sold or transf�rred) without Lender's prior <br />written consent, I.end�r rnay require imuiediate payment in full oP all suams secured by this Security <br />Instrument. However, this option 5narr not be exercised by Lend�r if such exercise is prohibited by <br />Applicable T.aw. <br />Tf I.cndcr Gxercises this option, T.ender shall give Sorrawer notice of acceleration. "I'he notice shall <br />provide a periad of not less than 30 days from the dake the notice i� given in accnrdance with Section 15 <br />within which Borrower must pay all sunns sccured by this Security Instrument. Tf Borrower fails to pay <br />these sums prior to the expiration of khis pericad, Lr.nder rnay invoke any remedies permitted by this <br />Security Instrument without furlher notice or demand on Borrower. <br />19. Borrower's Right tc► R�instate After Acceleration. If 13orrower mects ccrlain cc�nditic�z�.5, <br />Borrower shall have the ri�ht to have enforcement of this Security Tnstrument disc:antinued at any tirne <br />prior to the earliest of: (a) fiv� days before sale of the Property pursuant to any pawcr vf sale contained in <br />this Security Instrument; (b) such ather period as Applicable L.aw mi$ht spec:ify for the ternnination af <br />Borrpwer's right to reinstatc; or (c) entry af a judgment enforcing this Security Instrumcnt. Those <br />canditians are that 13orrower: (a) pays I..c:ndc;r all surns which then would be due under this Security <br />Instrument and the Note as if n� accelerationhad occurred; (b) cures any default of any other covenants or <br />agreernents; (c) pays all expc:nses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attom.cys' fc:es, praperty inspection and valuation fees, and other fees incurred for the <br />purpose of �rotecting L.ender's interest in the Property and rights under this Security Ins�rument; and (d) <br />takes such action as I.,ender may reasonably require to assure that T.ender's interest in the Prnperty and <br />righks under I.his Security Instrument, and Borrower's obligation to pay the sums secured by this Sccurity <br />Instrument, shall continue unchanged. T.ender n�ay requira ihat Bc�rrawer pay such reinstatement sums and <br />expc:nses in one or more of the following forms, as select�d by I.,ender: (a) cash; (b) money order; (c) <br />ccrtificd check, bank check, treasurer's check or cashicr's check, prc�vided any such check is drawn upon <br />an. institution whose deposits are insured by a fcderal agcncy, in.5trumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Ins[rument and obligations secured hereby <br />NEBRASKA - Single Fgmily - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) �oai i � Papa � i of 16 in�t�eig: �� parm 3U28 1I01 <br />�� Iv <br />