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201103756
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Last modified
5/19/2011 9:34:25 AM
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5/19/2011 9:34:24 AM
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DEEDS
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201103756
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201103756 <br />There may he only one de�gnate� notice address under this Secarity Insbrument at any one time. Any <br />notice to Lender sha11 be given by delivering it ar by mailing it by first class mail to Lender' s adckess <br />stated herein unless Lea►der bas designat� another address by notice to Barrower. Any notice in <br />connection with this Se�urity In�strument shall not be deemed to have he�n given to Lender until actually <br />received by Lender. If any notice required by this Security rnstrument is also required uader .Applicable <br />I.aw, the Applicable Law requirement will satisfy the corresPonding raluu'ement under this Security <br />Instr�nnent. <br />16. Governing Law; Severability; Rnles of Constractatton This Sec�uity Instrument shall be <br />governed by federal law and the law of the jurisdiction in wluch the Property is located. All rights az►d <br />obligaxions containerl in $ris Sec�rity Instii�ment are subject to any re�uirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might he silent, but such sile�ce sha11 not be construed as a prolubition against agreement by contcact. In <br />the evern that any provision or clause of this Sec�nrity Instrumeut ar the Note conflicts with Applicable <br />Law, such conflict shall not affe�t other provisions of this Security Instrument or the Note wltich can be <br />given effect without the conflicting provision. <br />As used in this Security Inst�umec►t: (a} words of the masculine gender shall mean and anclude <br />corresponding neuter wards 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. Borruwer's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Benefidal Interest in Borrower. As used in this Section 18, <br />°Interest in the Property" means any legal or beneficial interest in the Propert�r, including, but not limite� <br />to, those beneficial interests trainsferr� in a bond for deed, contract for deed, installment sales contract or <br />escrow agr�t, the intent of which ia the transfer of title by Borrower at a futare data to a purchaser. <br />If a11 or any part of the Property or any Interest in the Pr�perty is sold or transf�ed (or if Bonower <br />is not a natural pe�son and a beneficial interest in Bonower is sold or transferred) without Lender' s prior <br />written consmt, Lender may require immediate payment in full of all sums se�ured by this Security <br />Instiiiment. However, this option shall not be exercised by Lender if such exercise is prar�u'bited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notic�e of acceleration. Tha notice shall <br />provide a periad of not less than 30 da.ys from the date the notice is given in accordance with Section 15 <br />within which Borrower must pay all sunos se�ured by this Security Instrumeat. If Bonower fails to pay <br />these sums priar to the expiration of this perial, Lender may invoke any remedies penmitted by this <br />Security Inst�ment without further notice or de�nand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleratioa If Bonower meets certain canditions, <br />Borrower shall have the right to have enforcement of this Security Instcwment discontinued at any time <br />prior to the eazli�t of (a) five days befare sale of the Property pursuant to any power of sale contained in <br />this Se�urity Inslrument; (b) such other geriod as Applic�ble La.w maght spe�ify far the termination of <br />Boirower' s right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those <br />conditions are that Bonower: (a) pays Le,nder all sums which then would be due under this Security <br />Inst�ment and the Note as if no acceleration had occuaed; (b) cures any default of any other covenants or <br />agc'�ts; �c) Psys all exPenses incw�re� in enforcing this Secu�ity Tn.atn�men including, but not limit� <br />to, reasonable attorneys' fee.s, properiy inspection and valuation fees, and other fees incurre� for the <br />purpose of protecting Lender' s interest in the Property and rights under this Se�urity Instrument; and (d) <br />takes such actian as Lender may reasonably require to assiure that Lender' s interest in the Propert3+ and <br />rights under this S�urity Instrument, and Borrower' s obligation to pay the s�nns �ed by this Security <br />Instrument, shall continue unchanged Lend�r may require that Borrower pay such reinstatement sums and <br />expensea in one or more of the following fornas, as sele,cted by Lender: (a) cash; (b) maney order; (c) <br />certified check, bank ch�l� treasurer' s chec;k or cashier' s check, provided any such check is drawn upon <br />an institution whose deposits are insured by a ferieral agency, iustrumentality ar enbity; or (d) Electronic <br />Funds Ti�ansfer. Upon reinstatement by Borrower, this Se�urity Insttument and obligations s�urefl hereby <br />shall remain fully effective as if no acceleration had occuired However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />2200133693 n v6��8 <br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMBVT WITH <br />�-6A(NF� Ioa�of aeae �� o� �s inwe�� Form 3028 1/01 <br />� �. <br />� <br />
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