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20110338 <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 another address by notice to Borrower. Any notice in <br />connection with this S�urity Instru.ment shall not be deemed to have been given to Lender until actually <br />received by Lender. If any norice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Se�urity <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be <br />governed by federal law and the law of the jurisdicrion in which the Properly is located. All rights and <br />obligations contained in this 5ecurity Instrument 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 agreement by contract. In <br />the event that any provision or clause of this Security Insmiment or the Note conflicts with Applicable <br />Law, such conflict shall not afFect other provisions of ttus 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 iiacllude <br />corcesponding neuter words or words of the feminine gender; (b) words in �e singular shall � 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 Insirument. <br />18. Transfer of the Property or a Beneficial 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 ixansfened in a bond for deed, contract for deed, installment sales contract or <br />escrow agre�ment, 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 Property or any Interest in the Property is sold or transferrefl (or if Bonower <br />is not a natural person and a beneficial interest in Bonower is sold or transfened) without Lender's prior <br />written consent, Lender may require immediate payment in full of all sums secured by this Security <br />Instrument. However, tius option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />Tf 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 S�rion 15 <br />within which Borrower must pay all sums secured by this S�urity Instnunent. 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 norice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain condirions, <br />Borrower 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 Property pursuant to any power of sale containefl in <br />this Security Instrument; (b) such other period as Applicable Law might spe�ify for the termination of <br />Borrower's right to reinstate; or (c) entry of a judgment enforcing this S�urity Insmiment. T�ose <br />condirions are that Borrower: (a) pays Lender all sums which then would be due under this Seaaa�ity <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covena�s �or <br />agreements; (c) pays all expenses incurred in enforcing this Security Insmiment, including, but not limiied <br />to, reasonable attomeys' f�s, property inspection and valuation fees, and other fces incurrefl for the <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 Borrower's obligation to pay the sums secured by this S�urity <br />Instrument, shall continue unchanged. Lender may require that Bonower pay such reinstatement sums �d <br />expenses in one or more of the following forms, as selected by L�nder: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check or cashier's check, provided any such ch�k is drawn upon <br />an institution whose deposits aze insured by a federal agency, instnunentality or entity; or (d) El�tronic <br />Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obligations secured hereby <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) roet u Peae i i of 15 tr,h�ei�:.�_ Form 3028 1/01 <br />� <br />�� � . <br />� � : ��� <br />