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�oiioo�si <br />There may be only one desi�nated 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 to Lender's address <br />stated herein unless I.,ender has designat�d another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to Lender until actually <br />received by L.ender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requiretnent will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Ru1es of Construction. This Security Instrument sha11 be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligatinns contained in this Security Instrument are subject to any requireznents and limitations of <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 agreement by contract. In <br />the event that any provision or clause of this Security Instrument ar the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Nate which can be <br />given effe�t without the canflicting provision. <br />As used in this Security Instrurnent: (a) words of the masculine g�nder sha11 rnean a�d 'uiclude <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall xnean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation ta <br />take any action. <br />1'7. Borrower's Copy. Borrower shall be given one copy af the Note and of this 5ecurity insirument. <br />18. Transfer of the Property or a Bene�icial Interest in Borrower. As used in this Serxion 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, installrnent sales contract or <br />escrow agreernent, 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 Property ar any Interest in the Property is sold or transferred (or if Barrower <br />is not a natural person and a bene�cial interest in Borrawer is sold or transferred) without Lender's prior <br />wz'itten consent, Lender may require itx�mediate payment in full of a11 sums secured by this Security <br />Instrurnent. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If I.,ender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a periad of not less than 30 days from the date the notice is given in accordance with Sectian 15 <br />within which Borrower must pay all sums secured by this Security Instnunent. If Borrower fails to pay <br />these sums prior to the expiratian of this period, Lender rnay invake any remedies permitted by this <br />Security Instrument without further notice or demand an Borrawer. <br />19. Borrawer's Right to Reinstate After Acceleration. If Bonower meets certain conditions, <br />Borrower shall have the right to have enforcement af this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security lnstrument; (b) such other period as Applicable Law might specify for the termination af <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this S�curity Instrumer�t. T'hcise <br />conditions are that Borrower: (a) pays Lender all sums which then wouJd be due under t�is S�y <br />Instrument and tl�e Note as if no acceleration had occurred; (b) cures any default of any other cov�s +ar <br />agreements; (c) pays all expenses incurred in enforcing this Se�urity Instrument, including, but �ot limited <br />to, reasonable attorneys' fees, property inspection and valuatian fees, and other fees incutxed for the <br />purpose of protecting L.ender's interest in the Property and rights under this Security Insttument; and (d) <br />takes such action as L.ender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security lnstrument, and Borrower's obligation to pay the swtns secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bamk 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 reinstatement by Borrower, this Security Instrument and obligations secured hez'eby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-B�NE) (0811) page 11 of is i��c�ais� Form 3028 1/01 <br />� <br />l�/� �J <br />