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201107044
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9/22/2011 3:57:20 PM
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9/22/2011 3:57:19 PM
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DEEDS
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201107044
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�o�io�o44 <br />designated a substitute notice address by notice to Lender. Borrower sha11 promptly notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, <br />then Bonower shall only report a change of address through that spe,cified procedure. <br />There may be only one designated notice address under this S�urity 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 notice 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 notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will satisfy the corresponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Insmiment shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicitly or implicitly a11ow 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 Instrument or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of ttus Security Instrument or the Note which can be given effect without the <br />contlicting provision. <br />As used in this S�urity Instrument: (a) words of the masculine gender shall m�an and include conesponding <br />neuter wvrds or words of the feminine gender; (b) words in the singular shall mean and include the plural <br />aud vice versa; and (c) the warEP "m-a.y" gives sote discretioa without any obligarion to take any action. <br />17. �rrower's �og�y. B�zawe� slaa;t� be given one copy of tl�e Note a�cci of this Security Instrument. <br />? 8. Trans��r m� �ee �roper�y en a Ber�s�rceai lnterest iee Borr�v�er. As used in this Section I8, "Interest in <br />�te Pro�r" meatrs aa3r Iega� og be�fr�E i�erest in the Pr�pezty, it�cludi�g, hut not limited to, those <br />�effeia� itrterests traa�ferreccfi iza a b� f�a c�, corstract f�r de.e�, prr�t�itmern sates contract or eserow <br />agr�, the intent af vvhicd�. is tlee traasfer of title by �orrower at a future date to a purchaser. <br />If aT1 or aay gart of the Pro�ty �s atey Irnerest in the Properiy is sold or transferred (or if Borrower is not a <br />naturat perso�s and a beneficial inter�t i,� �orrower is so�d or transferred) without Lender's prior written <br />coaser�t, I.enc�er �y requise i�te payment in full of alI su�►s secured by this Security Instnunent. <br />However, t.�is oprion shait not be e�ercis� by Lender if such exercise is prohibited by Applicable Law. <br />If I.ender exercises this oprion, �er shalt give Borrower notice of acceleration. The norice sha11 provide a <br />periad of not less than 30 days from the date the notice is given in accordance with Secrion IS within which <br />Borrower must pay all sums secured by this Security Instniment. If Borrower fails to pay these sums prior to <br />the expirarion of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on Borrower. <br />19. @orrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br />sha11 have the right to have enforcement of this Security Instrument discontinued at any time 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 spe.cify for the ternunation of Borrower'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 Instrument 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 attorneys' fees, <br />property inspection and valua.rion fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie MaelFreddfe Mac UNIFORM INSTRUMENT Form 3025 7/01 <br />VMP Q VMP6�NE) (1105) <br />Wolters Kluwer Financial Services Page 12 of 17 <br />
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