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201�Q32�� <br />There may be only one designated notice address under this Security Instnunent 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 Lender has designated 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 Lender. If any notice required by this Security Instrument is also requixed under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; 5everability; Rules of Construction. This Security Instrument shall be <br />govemed by federal law and the law of the jurisdiction in which the Froperty is locate�. All rights and <br />obligations contained in tYus Security Instrument are subj�t to any reqnirements and lunitations 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 Instrumettt or the Note conflicts with Applica.ble <br />Law, such conflict shall not affect other provisions of this Security Instrunnent or the Note which can be <br />given effect without the conflicting provision. <br />As used in this 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 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 one copy of the Note and of this Security Instrument. <br />18. Transfer 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 />to, those beneficial interests transfened 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 ail or any part of the Property or any Interest in the Property is sold or transferred (or if Bonower <br />is not a natural person and a beneficial interest in Borrower is sold or transferted) without Lender's prior <br />written consent, Lender may require immediate payment in full of all swtns secured by this Security <br />Instnunent. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender 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 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 />5ecurity Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Bonower sha11 have the right to have enforcement of 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 Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Bonower: (a) pays Lender all sums which then would be due under thits Security <br />Inst,niment and the Note as if no acceleration had occwrred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing thits Se�urity Instrument, including, but not limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fe�s 'vncurred for ihe <br />purpose of protecting Lender's interest in the Property and rights under this Security 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 Instrument, and Bonower's obligation to pay the sums s�ured by this Securiry <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, bank check, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institution whose deposits are insured by a federai agency, instnunentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />vo2o� �.� <br />NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WIT <br />�-6A(NE) (osto) Page 11 ot 1b �n�tials: orrri 3028 1/01 <br />� <br />