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20110322� <br />There may be only one designated notice address under this Security 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 Lender has designated anothez address by notace to Bonower. Any norice in <br />connection with this Security Instxument 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 required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Seeurity <br />Instrument. <br />16. Governing Law; Severability; RWes of Construction. This Security Instrument shall be <br />govemed 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 aze subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly a11ow the parties to agree by contract or it <br />might be silent, but such silence shall not i�e construed as a prohibition against agreement by contract. In <br />the event that any pmvision or clause of tius Security Insmiment 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 eff�t without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and anc3ude <br />corresponding neuter words or words of the femizrine gender; (i�) words in the singuiiar shaii � and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obiigation to <br />take any action. <br />17. Borrower's Copy. Bonower shall be given one copy of the Note and of this Security Inshvment. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Se�tion 18, <br />"Interest in the Property" means any Iega1 or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for de�d, 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 of the Progerty or any Interest in the Property is sold or transferred (or if Bornower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment 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 exereises this option, Lender shall give Bonower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the norice is given in accordance with S�tion 15 <br />within which Borrower must pay all sums 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 Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Bonower shall 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 Progerty pursuant to any power of sale containefl in <br />this S�urity Instn�ment; (b) such other period as Applicable Law might specify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment euforcing this Se�urity Inslxvment. Those <br />conditions are that �rrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acx�lerarion had occurred; (b) cures any default of any other cove�urts or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instnunent, including, but nat limited <br />to, reaso�le attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest 'vn t�e Property and rights under this S�urity Instrument; and (d) <br />takes such action as I.ender may reasonably require to assure that Lender's interest in the Property and <br />rights under this S�urity Instivment, and Bonower's obligation to pay the sums secure� by this 5ecurity <br />Instrument, shall continue unchangefl. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selecteti by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check or cashier's check, provided any such che,ck is drawn upon <br />an institution whose deposits are insurefl by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obligations s�ured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) 1os� �) PBae 1� of t5 inntais: Form 3028 1/01 <br />� �� <br />3�� <br />`� <br />