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201108942
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Last modified
12/1/2011 3:04:54 PM
Creation date
11/30/2011 8:58:43 AM
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DEEDS
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201108942
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20�10894� <br />designated a subsritute norice address by notice to Lender. Borrower shall 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 sp�ified procedure. <br />There may be only one designated norice address under this Security Insirument 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 sha11 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 I.aw, the Applicable Law <br />requirement will salisfy the corresponding requirement under this Security Instrument. <br />16. Governing Law; Severabitity; Rules of Construction. This Security Instr�ment sha11 be govemed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Se,curity Instr�ment are subj�t to any requirements and limitations of Applicable Law. <br />Applicable Law might expiicitly or implicidy allow the parties to agree by contract or it might be silent, but <br />such silence shatI 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 Iaw, such conflict shall <br />not affect other provisions of this S�uriry Instrument or the Note which cag be given effe.ct withaut the <br />conflictiag provision. ° <br />As used in ttus Security Ins�vment: (a) words of the masculiue gender shalt mean and include corresgonding <br />neuter words or �ords of the feminine gender; (b) words in the si�gular shall mean and include the plural <br />�d vice versa; an� (c� t�e word "may" gives sole discretion witfiout any obligation to take any acrion. <br />'E 7. Borrovuer's Cvpy. Borrower sh�l be given one copy of the Note and of this 5ecurity Insuument. <br />18. Transfer ot the Pra�tBr�y or a Beneficial Interest in Borrower. As vsed ia tt�is Section I8, "Interest in <br />the Progeriy" means an�r Iegal or beneficial interest in the Property, including, btEt not limited to, those <br />beneficial in.terests trat�sferte� in a bond for deed, contract for deed, in�tajtrc�er** saSes contract or escrow <br />agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borro�ver is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lender may require immediate payment in full of all sums se,cured by tlus Security Instrument. <br />However, this aptioII s�all uot be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If L,ender elcercises this option, Lender shall give Borrower norice 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�tion 15 within which <br />Borrower must pay at1 sums secured by this Security Instrument. If Bonower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies pemutted by this Security Instrument without <br />further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Accelerafion. 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 pl�rc,�ant to any power of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might specify for the termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: <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 Se,curity Instrument, including, but not limited to, reasonable attorneys' fees, <br />property inspecrion and valuarion 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 � VMP81NE1 (1105) <br />Wolters Kluwer Financial Services Page 12 of 17 <br />
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