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2�1�09� 07
<br />Ne�s
<br />specifies a procedure for reparting Borrower's change of address, then Borrower shall only report a change of address
<br />thraugh that specified pzoce3ure. There may be only one designated notice address under this Security Iustrument
<br />at any one tanne. Any notice to T,�nder shall be g"rven by delivering it or by mailing it by first class mail to Lender`s
<br />address stated herein �ess I,ender has designated another add.ress by notice to Borrower. A.ny notice in conneciion
<br />with this Security Instmm�ent sha11 not be deemed to have been given to Lender until acteiall.y received by Lender.
<br />If any norice z�equired by this Security Instxvment is also reqtured under Applicable Law, the Applicable Law
<br />xequzzement wzll satisfy the cozxespandimg require�ment under this Securiry Insuvment.
<br />16. Governing Law; Severability; Rules of Construcfion. This Se�urity Instrument shall be governed by
<br />federal law and the Iaw of the jurisdiction in which ttie Property is located. All �rights and obligations contained in
<br />this Security Ins�ent are subject to any requirements and limitations of Appiicable T.,aw. Applicable Law might
<br />explicitly or implicitly aiiow the parties to agree by contract or zt might be silent, but such silence shall not be
<br />cons� as a prohibition against agreement by contract. In the event that any provision or clause of this S�urity
<br />Instnm¢e�at or the Note contlicts with Applicable Law, such conflict sball mot affect other provisions of this Security
<br />Instrument or the Note which can be given effect without the conflict'vag provision.
<br />.As used in this S�urity Tnstrument: (a) words of the masculine gender shall mean and includ.e co�xesponding
<br />neuter words or words of the fe�n� gender; (b) words in the singular shall mean and. include the plural and vice
<br />versa; and {c) the word "inay" gives sole discretiom without any obligation to take any action.
<br />17. Borrower's Cogy. Boixower sha1l be given one copy of the Note and af this Security Tnstxument.
<br />18. Tzansfer of tlae Properiy ar a Bene�asl Interest in Borrower. As used in this Section 18, "Interest in
<br />the Property° means aay legai or beneficial interest in the �o�erty, including, but not limited to, those beneficial
<br />interests transferred in a bond for deed, contzact far deed, installment sales contract or escrow agreemenc, the imteut
<br />of which is the transfer of title by Bozxower at a future daze to a purchaser.
<br />If all or any part of tl�e Property or any Interest in the Property is sold or iaansferred (or if Borrower is not a
<br />natuzal person and a beneficial interest in Bozzower is soId or t�rransferre8) without Lender's prior written consenY,
<br />Lender may require immediate payment in full of atI sem�s secured by tbis Security Tnsh�ment. However, this option
<br />shall. not be exercised by Lender if such exercise is prohibited by Applicable Law.
<br />If Lender egercises this option, L,ender sball give Bonower notice of acceIerarian. The notice shall provide a
<br />period of not less than 30 days from the date tb.e notice i.s given in accordance wi.th Section 1 S within vvhich Borrower
<br />must pay aU stmas secured by this Security Inst�rrument. If Borrower fails to pay these sums prior to tl�e expiration of
<br />this periad, Lender may invoke any remedies permitted by th'rs Security Instrument without fiuther notice or demand
<br />on Borrower.
<br />79. Borrow�'s Right to Reinstate After Acceier�tion. If Borrower meets certain conditions, Borro�+er shall
<br />have the right to ha.ve enforcement of this Secuzity Insm�ment discontimued at any time prior to the earliest of (a)
<br />five days before sale of the Property purs�vant to any power of sale contained in this S�urity Instiv,merrt; (b) such
<br />other period as Applicable Law might specify for the termination of Barrower's right to reinstate; or (c} eatry of a
<br />judgment enforcing tius Security InsWment. Those conditions are that Borrower: (a) pays Lender all swms which
<br />then would be due under this Security In. �menr �d the Note as zf no acceterarion had occurred; (b} cures any default
<br />of any other covenants or agreemenis; (c} pays all expenses incurred in enforcing this Security Tnstrument, including,
<br />but not limited to, reasonable attoraeys' f�s, property i.nspe�tion and valuation fees, and other fees incuxred for the
<br />purpos� of proteCting Lender's interesf in the Property aad rights under tIus Secvrity Tnstrument; and (d) takes such
<br />action as Lender inay reasonably require to assure that Lender's interest in the Pzoperty and rights under this Security
<br />Instrament, and Borrower's abligation to pay the suzns secured by this S�urity Instrument, shall con#�nue unchauged.
<br />L.encler may require that Borrower pay such reinstatement sums and expenses in one or more of the folIowing forms,
<br />as selected by �nder: (a) cash; (b) money order, (c) certified check, bank ch.eck, tzeasurer's ci�k or cashier's check,
<br />provided any sach check is drawn upon an institurion whose deposits are insnred by a federal agency, insuumentality
<br />or entity; or (d) Electronic Fvnds Transfer. Upon reinsta�eamezrt by Borrower, this Security Tnstrument and obligations
<br />secured hezeby shall remain fully effectzve as if no acceleration had accurred. However, this right to reinstate shall
<br />not apply in the case of acceleration uader Saction 18.
<br />20. Sale of Note; Change o� Laan Servicer; Notice of Grlevanee. The Note or a partial interest in the Note
<br />(tvgether with this Security Insmzment) can be sold one or more times witb:out prior notice to Borrower. A sale might
<br />result in a change in the ernity (l�owa as the °Loan Servicer") that collects Periadic Paymients due under the Note
<br />and this Securiry Iastru�oo.e�at and gerforms other mortgage Ioan servicing obligations under the Note, this Security
<br />Instrument, and. Applicable I.aw. There aIso mzgb.t be one or more changes af the Loan Servicer unrelated to a sale
<br />of t]ze Note. If theze i.s a change of the Loan Servicer, Borrower will be giv�n written notice of the change which will
<br />state the name �d addzess of the new Loan Servicer, the address to which payments should be made and any other
<br />informadan RFSPA requires in coz�aection with a notice of transfer of servicing. If the Note is sold and thereafter
<br />th.e Loan is servic�l by a T..oan Servicer other than tha purchaser of the Note, the mortgage Ioan sezvzccing obIigatiox�s
<br />to Borrower will remain with the Loan Sezvicer or be �aansferred to a su.ccessor Loan Servicer and aze not assumed
<br />by the Note purchaser unless otherarise provid� by tl�e Note purchaser.
<br />Neither Borrower nor Lender ma.y commence, join, or be joined to auy jndicial action (as ei.ther an indivi�dual
<br />litigaut or the member of a class) tkat arises from the other party's actions pursuant to tkis Security Insm�ment or that
<br />alleges that the other pany has breached any provisioa of, or auy duty owed by reason of, this Seeurity Insm�ment,
<br />imtil such Borrower or Leiatter has notified the other party (with such notice given in compliance with the requirements
<br />of S�ion 1� of sucb� alleged breaeh and afforded the other party hezeto a reasonable period after the giving of such
<br />notice to take corrective action. . If Applicable Law provi@es a time periad which must elapse befoze certain action
<br />caa be taken, that time period will be desmed to be zeasonable for purposes of this paragraph. The aotice of
<br />acceleration and ogportunity to cure given to Bonower pursuant to Section 22 and the aoti.ce of acceleration given
<br />NEBRASKA—Single Family—Fannie MaeJ�reddie Mac UAIIFORM 1NSTRUMENT - MERS p
<br />Form 3028 7/01 Page 8 of 11 www.docmaglc.com
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