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201�030i� <br />There may be only one designated notice address under this S�urity Instrument 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 designated another address by notice to Borrower. Any notice in <br />connecrion with this Se�urity Instrunnent shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Insm�ment is also. requured wader Applicable <br />Law, the Applicable Iaw requirement will satisfy the conespanding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instiument shall be <br />govemed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligarions contained in this Security Instrument are subject to any requirements and limitarions 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 constnied as a prohibition against agr�ment 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 affe�t other provisions of this S�urity Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in ttus Security Instrument: (a) words of the masculine gender shall mean and include <br />conesponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and <br />include the plural attd vice versa; and (c) the word "may" gives sole discretion without any obligaxion to <br />tatce any acrion. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Se�urity Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this S�tion 18, <br />"Interest in the Property" means any Iega1 or beneficial interest in the Froperty, including, but not liznited <br />to, those beneficial interests transferred in a bond for de�d, contract for deefl, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Bonower at a future 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 person and a beneficial interest in Bonower is sold or transfened) without Lender`s prior <br />vvritten consent, Lender may require immediate payment in full of all sums secure� by this S�urity <br />Instrument. However, this option sha11 not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this oprion, Lender shall give Borrower norice of acceleration. The norice shall <br />provide a period of not less than 30 days from the date the norice is given in ac.cordance with Secrion 15 <br />within which Borrower must pay all sums secured by this S�urity 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 Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instroment discontinued at any time <br />�rior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might spe�ify for the t inarion of <br />Bonower's right to reinstate; or (c} entry of a judgment enforcing this Security Instrument. Those <br />c�nditions are that Borcower: (a) pays Lender all sums which then wot�d �e due under this S�y <br />Instxvment and the Note as if no acxelerarion had occuned; (b) cures any default of any other covenants or <br />agreements; {c) pays all expenses incurred in enforcing this Security Instrument, including, but not limiteci <br />to, reasonable attorneys' fees, property insp�rion and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest 'vn the Property and rights under this Securiry Instrument; and {d) <br />takes such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Insirument, and Borrower's obligation to pay the sums securefl by this Security <br />Instrument, sha11 continue unchanged. Lender may require that Bonower pay such reinstatement suxns and <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's ch�k or cashier's check, provided any such check is drawn upon <br />an institurion whose deposits aze insured by a fe�eral agency instrumentality or enriry; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Insmiment and obligations secured hereby <br />MEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �oaii) Page 11 af'15 intctais: Form 3028 1/07 <br />0 <br />� � � ��a <br />�Q� <br />