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201105617
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Last modified
9/14/2011 12:31:14 PM
Creation date
8/1/2011 9:04:01 AM
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DEEDS
Inst Number
201105617
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20�.1056"� e <br />There may be only one designate� notice address under this S�urity 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 Security Instrument shall not be deeme� to have be,en given to Lender unnl actually <br />received by Lender. If any notice re�uire� by this Security Instrument is also require� under Applic�ble <br />Iaw, the Applicable Law requirement will satisfy the conesponding requirement under this Security <br />Instcument. <br />16. Governing Law; Severability; Rnles of Constraction. This Security Instrument sha11 he <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations containerl in ttus Security Insh�ument are subject to any requirements and limitations of <br />Applicable I.aw. Applicable Law might explicitly or implicitly allow the pazties to agree by contract or it <br />might be silent, but such silence shatl not be construed as a prolubition against agreement by contract. In <br />the eve,nt that any provision or clause of this Se�urity Instnmaent or the Note conflicts with Applic�ble <br />Law, such conflict shall not affe�t other provisions of this Security Instrument ar the Note which can be <br />given effect without the conflicting provision. <br />As ussed in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding 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 "ma.y" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Bortower s1�all be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Bene8dal 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 transferred in a bond for cieed, contract for deed, installment sales conbract or <br />escrow agreement, the intent of wluch is the transfer of title by Borrower at a future date to a purchaser. <br />If a11 or any part of the Property or any Interest in the Property is sold or transferre� (or if Borrowe� <br />is not a natural person and a beneficial interest in Borrower is sold or transferre� 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 prolubited by <br />Applicable Law. <br />If 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 Section 15 <br />within which Borrower must pay a11 sums secured by this Se�urity Instrument. If Borrower fails to 1�Y <br />these sums prior to the expiration of this peri�, Lender ma.y invoke any remedies permitted by this <br />Sc�urity Instnnnent without further notice or demand on Borrower. <br />19. Borrower's Right to Re�nstate After Acceleration. If Borrower m�ts certain conditians, <br />Boirower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the �liest of (a) five days before sale of the Property p���A*+t to any power of sale contained in <br />this Security Instrument; (b) such other period as Applic�ble Law might spe�ify for the termination of <br />Barrower' s right to reinstate; or (c) entcy of a judgment enforcing this Sec�mty Instrumen� Those <br />conditions are that Borrower: (a) pays Lender all sums wluch then would be dua imder ttris Se�urity <br />Instrument and the Note as if no accel�ation had occuzred; (b) c�s any default of any other covenauts or <br />agr'cements, (o) Pays all expenses incuired in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fce.s, property inspe�tion and valuation fces, and other fees incamed 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 Properiy and <br />rights under this Security Instrument, and Borrower' s obligation to pay the sums s�ured by this Security <br />Instrament, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one or mare of the following forms, as selected by Lender: (a) casb; (b) m+�ney order; (c) <br />certified check, ba�nk che�k, treasurer' s che�k or cashier' s check, provided any such check is drawn upan <br />an institution whose deposits are insured by a faderal agency, instrumentality or entity; ar(d) Electronic <br />Fimds Transfer. Upon reinstatement by Borrower, this Seaurity Tnat,,,,,,� and obligations secured hereby <br />shall remain fully effective as if no acceleration had occuned. However, this right to reinstate shall not <br />apply in the case of acceleration under Se�tion 18. <br />2200129581 D V6�lD� <br />NEBRASKA - Single Family - Fannle Ma�(Freddle Mac UNIFORNI IWSTRUMENT W <br />�-saMq �oe, o� Paee � t ot � e i 6 Form 3028 1/07 <br />� <br />
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