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2fl1�0323� <br />There may be only one designated notice address under this S�urity Insmument 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 designa.ted another address by notice to Borrower. Any norice in <br />connection witth this Security Instnunent shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrumern is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresgonding requirement under this S�uriry <br />Instrument. <br />16. Governing Law; �verability; Rules of Constrnction. This Se�urity Insmiment shaii be <br />governed by federal law and the Iaw of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Insnvment are subject to any requirements 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 agre�ment by contract. In <br />the event that any provision or clause of this Securiry Instrument or the Note con£ticts with Applicable <br />Law, such conflict shall not affeet other provisions of this Security Instrument or the Note vcrluch can be <br />given effect without the conflicting provision. <br />As used in this 5ecurity Instivment: (a) words of the masculine gender shail mean a�d include <br />corresponding neuter words or words of tbe femir,;ne gender; (b) words in �he singulxr si�ali u�ean and <br />include the plural and vice versa; and (c) the word "may" gives sole discreticnn without any obligatzoa to <br />take any action. <br />17. Borrower's Copy, Borrower shall be given one copy of the Note and of this Security Lnsavment. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this S�rion 18, <br />"Interest in the Progerty" means any legal or beneficial interest in the Progerty, including, but not Iimited <br />to, those beneficial interests transferred in a bond for dced, contract for deed, instalIment 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 Properiy or any Interest in the Property is sold or transferred (or if Borrower <br />is nat a natural person and a beneficial interest itt Bonower is sold or transferred) without Lender's prior <br />written cansent, Lender may require immediate payment in full of all sums secure�i by this Security <br />Instiument. However, tlus oprion shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. • <br />� If Lender exercises this oprion, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a geriod of not Iess than 30 days from the date the notice is given in accordance with S�rion 15 <br />within wluch Bonower must pay all sums secured by this Security Instrument. If Borrower fails to pay <br />these sums prior to the expira.tion of this period, Lender may invoke any remedi�s permitted by this <br />S�urity Instrument without further notice or demand on �rrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain condirians, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to t�e earliest of: (a) five days before sale of the Property pursuant to any power of sale containsd in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the tennination of <br />Bonower's right to reinstate; or (c) entry of a judgment enforcing this Se�urity Tnstrument. Tf�ose <br />conditions are that Borrower: (a) pays Leuder all sums which then would be due under this 5e�uxaly <br />Instrument and 1�e Note as if no accelerarion had occurred; (b) cures any default oP any other ec�venar�ts vr <br />agree�nents; (c) pays all expenses incurred in enforcing this S�urity Instivment, including, but not L�mited <br />to, reasonable a�wmeys' fces, property iaspection and valuation fees, and other fees incurred for the <br />purpose of prot�ring I.ender's interest in the Property and rights under this S�urity Instnunern; and (d) <br />takes such action as Lender may reasonably require to asswre that Lender's interest in the Property and <br />rights under ttus S�urity Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instnimsnt, shali continue unchanged. Lender may require that Bonower pay such reinstatement sums and <br />elcpenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certifie� check, bank check, treasurer's check or cashier's check, provided any such che�k is drawn upon <br />an institution whose deposits are insure� by a feiieral agency, instrumentality or enrity; or (d) IIectronic <br />Funds Transfer. Upon reinstatement by Bonower, this S�uriry Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �oe� �t Page 11 of 15 iortisis: Form 3028 1/01 <br />� <br />