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201103387 <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 Bonower. Any notice in <br />connection with this S�urity 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 required under Applicable <br />Law, the Applicable Law requirement will satisfy the correspondittg requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This S�urity Instrument shall be <br />govemed by federal law and the law of the jurisdicrion in which the Property is located. All rights and <br />obligations contained in this Security Instnunent are 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 be construed as a prohibition against agreement by contract. In <br />the event that any provision or clause of dus Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Securiry Instrument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security Insmunent: (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. Bonower shall be given one copy of the Note and of this 5ecurity Instrument. <br />18. 1 ransfer of the Pro�rty 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 transfened in a bond for dced, 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 Property or any Interest in the Properly is sold or transferred (or if Borrower <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 s�ured by this 5�urity <br />Instcvment. However, tius 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 accelerarion. 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 Bortower must pay all sums secured by this 5ecurity Instrument. If Bonower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />S�urity Instn�ment without further notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <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 containe� in <br />this Security Instrument; (b) such other period as Applicable Law might sp�ify for the termination of <br />Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />c�nditions are that Borro�ver: (a) pays Lender all sums which then would be due unrler this Seruriry <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenarlits or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attomeys' f�s, properiy inspection and valuation fees, and other fees incurred 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 S�urity Instrument, and Borrower's obligation to pay the sums secured by this S�urity <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 sel�ted by L�nder: (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 institution whose deposits are insured by a federal agency, instnimentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obligations secureri hereby <br />NEBRASKA - Singfe Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) losi i1 Pege i i of 15 �n�t�als: Form 3028 1/01 <br />� <br />� �� � . ,, . <br />