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201102268
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Last modified
3/23/2011 12:06:20 PM
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3/23/2011 12:06:19 PM
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201102268
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T <br />1 <br />t <br />� ; 2��.10226� <br />,, ; <br />Thera may be oniy one desi.gnated notice address under this Security Inst ent at any one time. Any <br />notice to Lender shall be given by deli�ering it or by mailing it by first cl s mail to Lender's addtcss <br />stated herein unless Lender has designated another address by notice t Borrower. Any narice in <br />connection with this Security Instrument shali not be deemed to have been 'ven to Lender unhl adually <br />received by Lender. If any notice reyuired by this Security I�sttumet►t is at required nnder Applicable <br />Law, the Applicabie Law requirement will satisfy the corresponding req ' ement under this Security <br />Instrument. <br />16. Goveruing Law; Severability; Rnles of Constraction. This ity Instrument shatI be <br />gov$rned by federal law and the law of the jurisdiction in which the Prope ty is located. Ail rights aitd <br />obligations cantained in this Security Instrument aze sub}ect to any req ements and limitations of <br />Applicable Law. Applicable Law might explicidy or implicitly ailow the p�es to �gree by contract or it <br />might be silent, but such silence shall not be canstrued as � prohibidon agai st agreement by cantrad. In <br />the event that any provison or clause of this 5ecurity Instrwment or the N te conflids witli Applicable <br />La,w, sach conflict shall not affed other provisians of this Security Inst nt or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Securiry Instrument: (a) words of the masculine ge der shall mean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discre n withflut any obligation to <br />take any adion. <br />17. Borrower's Copy. Borrower shali be given one copy of the Note an of this Security Instrument. <br />18. Transfer of the Property ar a Beneficisf Interest in Borrower. As used in ,this Section 18, <br />"Interest in the Property" means any legal or beneficial in¢e,rest in the Proper , including,` but not limited <br />to, those beaeficial interests transferred in a bond for deed, oontract for daed installmeat sales conbrad or <br />escxow ageement, the intent of which is the transfer of #itle by Borrawer ac a twe date to a purchaser. <br />If all or any part of the Prvperty or any Interest in the Property is sol,d r transferred (or if Borrowsr <br />is not a natural person and a benefieial interest in Barrowcr is sold or transf ned) without L.snder's prior <br />written consent, I.ender may require immediate payment in full of all s secured by this SecuritY <br />Instrument. However, this option shall not be exercised by Lender if su exercise is pruhibited by <br />APPlicable Law. <br />If I.ender exercises khis opcion, Lender shall give Borrower notice of Ieratian. The notice shall <br />provide a period of not less than 30 days from the date the notice is given i acmrdance with Section 15 <br />within whicd� Borrower must pay all sums secured by this Security Instrum t. If Borrower fails to pay <br />these sums grior to the expiration of this period, I.ender msy invoke an reznedies permitted by this <br />3ecurity Instrument without fiirther notice or demand on Borrower. <br />19. Borrower's Ri�bt to Reinstate A,fter Acceleration. If Borro r meets certain conditionis, <br />Honower shall have the right to have enforcement of this Security nt discontinued at any time <br />prior to the eazliest of: (a) five days befare sale of the Property pursuant to y power of sale contained in <br />this Security Inistrument; (b) such other period as Applicable Law might s 'fy for the termination of <br />Borrower's right to reinstate; or {c) entxy of a jud,gAient enforaing t.his Security Instrument Those <br />conditians are that Borrower: (a) pays i.ender all sums which then woul be due under this Serurity <br />Instrument and the Note as if no aoceleration had occurred; (b} cures any def ult of any other wvenants or <br />agteements; (c) pays atl expenses incurred in enfotciug this Secutity instrum t, inclnding, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, an other fees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Sccuri#y Instrument; and (d) <br />#akes such action as Lender may reasonably require to assure that Lender' interest in the Propetty and <br />rights under this Security Inistrument, and Borrower's obligation to pay the secured by this Security <br />Lastrument, shall continue unc�hanged. Lender may require that Borrower pa such reinstatement sums aad <br />expenses in one or more of the followin,g forms, as selected by Lender: ( cash; (b} money order; (c) <br />certified check, bank check, treasurer's check or cashier's Lheck, provided y such check is drawn upon <br />an institution whose deposits aze insured by a federal agency, instrumeatali or entity; or (d) Electronic <br />Funds Transfer. Upon teiustatement by Borrcwer, this Security Instrument d obligations secured hereby <br />shall remain fully effective as if no acceleration had occur`ed. However,:.. t's right to reinstate shall no! <br />apply in tha case of a�celeration under S�tion 18. <br />i1-ol-0000a� <br />NEBRASKA - Single Family - Fannis Mae/Freddle Mac UNIFORY INSTRUMENT WR ERS <br />� 6A(Nq (0810) �age t t of 15 mit�a�s: � FOr1n 3028 1101 <br />
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