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201107076
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Last modified
10/9/2011 10:52:41 PM
Creation date
9/26/2011 10:07:04 AM
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DEEDS
Inst Number
201107076
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�o��o�o�� <br />There may be only one designaterl notice addre.ss under this Security Instrument at any one time. Any <br />notice to Lender shall be given by delivering it ar by mailing it by first class mail to Lender's address <br />stated herein unless I,ender has designated another address by notice to Borrower. Any nobice in <br />connection with this Security Instrument sha11 not be deeme�i to have been given to Lender witil actually <br />received by Lender. If any notice requirerl by ttus Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />instrument. <br />16. Governing I�aw; Severability; Rules of Constractton. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which tha Propert}+ is located. All rights amd <br />obligations contained in this Security Instrument aze subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agr� by contract or it <br />might be silent, but such silence sha11 not be construed as a prolu'bition against agreement by c�ntract. In <br />the event that any provision or clause of thia Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effecC without the conflicting provision. <br />As used in this Se�urity Instrimnent: (a) words of the masculine gender shall mean and include <br />aorresponding neuter words or wards of the feminine gender; (b) words in the suigulaz sha11 mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without �y oblig�tion to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal ar beneficial interest in the Property, including, but not limited <br />to, those beneficial intetests transferred in a bond for dced, contract for deed, installment sales coniract or <br />escrow agreement, the intent of which is the transfer of title by Bonower at a future date to a purchaser. <br />If a11 �r any part of the Property or any Interest in the Property is sold or bransferred (or if Borrower <br />is not a natural person and a beneficial interest in Borrower is sold or transferre�) without Lendec's prior <br />written consent, Lender may require immediate payment in full of a11 sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is proln'bital 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 Bonower must pay all sums secured by this Se�curity Instrument. If Borrower fails to pap <br />these sums prior to the expiration of this period, Lender may invoke any remadies permitted by this <br />Seci�rity Instrument withaut fiuther notice ar demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower sha11 have the rigbt to have enforcement of this Security Instrament discontinued at any time <br />priar to the e,arliest of (a) fi�e days before sale of the Property pursuant to any power of sale contained in <br />this Security Insttvment; (b) such other period as Applicable Law might spe�ify for the termination of <br />Bonower' s right ta reinstate; or (c} entry of a judgment enforcing this Security Instrumen� Those <br />conditions are th$t Borrower: (a) pays Lender all sums which then would be due under this Sec�ity <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) Pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fe�s, property inspection and valuation fees, and other fees incune� far the <br />purpose of protecting Lender's interest in the Property and rights under this Security In.�strument; 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 5ecu�rity Instrument, and Borrower' s obligation to pay the sums secured by this Security <br />Instrument, shall continne unchanged Lender may re�uire t1�at Bonower pa.y such reinstatement sams and <br />expenses in one or more of the following forms, as selected by Lender: (a} cash; (b) money order; (c) <br />certified check, bank cher.l� treasurer's chec;k or easluer's cheek, provided any such cha;k is drawn upon <br />an institution whose deposits are insureri by a ferleral agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Up�n reinstxtement by Borrower, this S�urity Instrument and obligations s�nre� hereby <br />shall remain fu11y effe�ti�e as if no acceleration had occurred However, this right to reinstate shall not <br />apply in the case of accelerarion under Section 18. <br />220�173281 D V6ANE <br />NEBRASKA - Single Family - Fannle MaelFroeddle Mac UNIFORM INSTRUMENT WITH MER., <br />�-,J-6A(Nq roe�o1 �0e» ot ie irda�:��,.7 '1'l"►�1 Form 3028 1l01 <br />� <br />
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