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201i004�0 <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to i..ender shall be given by delivering it or by rnailing it by �rst class mail to Lender's address <br />stated herein unless L.ender has designated another address by notics to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given ta 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 carresponding requirement under this Security <br />Instrument. <br />1G. Governing Law; Severability; Rules of Construction. This Security Instrurnent 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 requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by cantract 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 provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall 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 Instrument: (a) words of the rnasculine gender shall mean and include <br />corresponding neuter words 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" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given ane copy of the Note and of this Security Instrument. <br />18. Trans#'er of the Property or a Bene�cial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />ta, those beneficial interests transferred in a bond for deed, contract 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 af the Property or any Interest 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 I�ender's prior <br />written consent, Lender rnay require immediate payrnent in full of all sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, L.ender shall give Borrower 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 />within which Borrower must pay all surns secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrurnent without further notice or demand qn 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 5ecurity Instrument discontinued at any time <br />prior ta the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale cantained in <br />this Security Instrurnent; (b) such other period as Applicable Law might specify for the terminatian of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Thase <br />conditions are that Borrower: (a) pays L,Qnder 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 or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not lirnited <br />to, reasonable attarneys' 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 Instrument; and (d) <br />takes such action as L.ender may reasonably require to assure that L.ender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. L,ender rnay require that Borrower pay such reinstaternent surns a�nd <br />expenses in one or mare of the following forms, as selected by I,ender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check ar cashier's check, provided any such check is drawn upon <br />an institution whose depasits are insured by a federal agency, instruznentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Barrower, this Security Instrument and obligations secured hereby <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-B(NE) 1os � i 1 Pa9e i i of � 5 �nitia�s: Form 3028 1/09 <br />i <br />