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201106794
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201106794
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9/14/2011 8:50:01 AM
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9/14/2011 8:50:00 AM
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201106794
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20�106794 <br />designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Bonower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Borrower sha11 only report a change of address through that specified procedure. <br />There may be only one designated notice address under this Security Instrument at any one time. Any notice <br />to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein <br />unless Lender has designated another address by notice to Borrower. Any norice in connection with this <br />Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any norice required by this Security Instrument is also required under Applicable Law, the Applicable Iaw <br />requirement will satisfy the conesponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br />federallaw and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument aze subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but <br />such silence shall not be construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Insttument or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of this Security Instrument or the Note which can be given effect wittiout the <br />contIicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or worcts of the feminine gender; (b) words in the singular shail mean and include the plural <br />�a �� v�; � E�� cn� ��a "may" gives sole discretion without any obligation to take any action. <br />'t 7. Borrovaer's C�py. Boncrv�rer sha1l be given one copy of ttse Note anc� af this 5ecurity Instrument. <br />78. Tcartsfer of the FrapevQy �r a Bersefic��l Ere#eresst in Borrow�. As used in tlus Secrion 18, "Interest in <br />the Prc�perty" meags a�y Iegat or beneficiat irnerest in the Pro�, inciuding, but not limited to, those <br />beneficia.� iaterests transferre� in a borcc� far deed, contract for �, iastallment sales contract or escrow <br />agree�nt, tt�e inte�� Qf whic�t, is the transfer of title by �orrower at a fitture date to a purchaser. <br />If a11 or any pazt of the Pro�riy or any Interest in the Property is sold or transfened (or if Borrower is not a <br />nahual person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, �.ender may requir� it�n�iiate paytnent in fuil of all svms secured by this 5ecurity Instrument. <br />However, this option sha�I not be exercised by Lender if such exercise is prahibited by Applicable I,aw. <br />If Lender exercises this optioII, Lender shall give Borrower nvtice of acceleration. The norice shall provide a <br />perioct of not Iess tban 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay alI sums secured by this S�urity Instnunent. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Se,curity Instniment without <br />further norice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any rime prior to the <br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might sgecify for the termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: <br />(a) pays Lender all sums which then would be due under this Security Instnunent and the Note as if no <br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VM Page 1�2 of� 7 <br />Wolters Kluwer Financial Services <br />
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