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201�07509 <br />designated a substitute norice address by norice to Lender. Bonower shall promptly notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Borrower shall only report a change of address through that specified procedure. <br />There may be only one designated norice 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 notice in connection with this <br />Security Instrument shall not be deemed to have b�n 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 Instrument 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 S�urity Instrument are 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 sha11 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 pmvisions of this Se,curity Instrument or the Note which can be given effect without the <br />conIIicting provision. <br />As us� in this Security Insmunent: (a) words of the masculine gender shall mean and include conesponding <br />neuter words ar words of the feminine gender; (b) words in, the singutar shall mean aud include the plurat <br />and vice versa; a� (c) �e word "may" gives sole discretion without any obligatian to take any action. <br />'L 7. Borro�rer's CopY- B���er s�ati � given oae ec:py of the 1�Fote ar�d of this Security Instrumern. <br />'t8. fraresfer af �hs Puo�rty or a B�rts�t�al lnt�st in �are�►wer. As used in this Section I8, "�nte�est in <br />the FroperEy" ��r �ega� ar �f�� �'r� t�e Progerty, inc2uc�ing, buE not Iimited to, tttose <br />bene�cia�, irrter�sts �ferreai. i� ��. f� c�ed, ccynt�ct for c�eed, instaIlnient sal� cor�.isact or esc.c:raw <br />agreement, the inte� af �ieh is the Eca�fer of t��e by �orrower at a futur� date to a purchaser. <br />If all or any pa�t Qf ti�e �rogerty or any Interest in the Property is sold ar transferred (or if Borrower is not a <br />natural person and a be�fciat interest in Borrower is so1c� or transferred) without Lender's prior vvritten <br />consent, LeIIder ma�+ rec�uire imtnediate paym�t �n fi�t1� of aII sums secured by this Security Insttvment. <br />However, this c�p�icns s�ft nat be e�erciser� by E.e�tcter if such exercise is prolubited by Applicable Law. <br />If Lender exercise.s t�iis ogtion, Lender s�atl give Borrower notiee of acceleration. The notice shall provide a <br />period of not less than. 30 days from the date the notice is given in accordance with S�rion 15 within which <br />Borrower must pay all sums securec� by this Security Instnunent. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further norice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Bonower <br />shall 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 specify for the temunation 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 Securiry 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 attomeys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 12 of 77 <br />s <br />m ' �� <br />