201109471 - Laserfiche WebLink

Browse

201109471 designated a suvstitute notice address by notice to Lender. Borrower shall proinptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's cli�nge of address, then Borrower sliall oi�ly report a change of address througli thlt specified procedure. Tliere inay be only one designated notice address under tlus Security Instruinent 2t any one tiine, Any notice to Lender s17a11 be given by delivering it or Uy mailing it liy�rst class inail to Lender's adclress st�ted herein unless Lender has designated anotlier address vy notice to Borrower. Any notice in connection with this Security Instruinenti sha11 not be deeined to have been given to Lender until actually received by Leilder. If any notice required by this Security Instrumerii is also required under Applicable Law, the Applicable Law rec�uireinent will satisfy the correspondiiig requireinent under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instru�ncnt sh�ll be governed Uy federal la�v and the law of i;11e jurisdiction in which t1�e 1'roperty is loeated. A11 rights and obligafions contained in this Security Instruineilt are subjec�to any rec�uirements and liinitations of Applicable Law. Applica�ble Law inight explicitly or implicitly allow the parties to agree by contract or it might be silent, bat such silence aha11 not Ue constirued as a prohil�ition against agreement by contract. In the event that any provision or clause of this Secttrity Instruinent or tlie Note conflicts witli Applicable Law, such conflict shall �ot�ffect other px•ovisions of'this Security Instrument or the Note wluch can ve giv�n effect without;the conflicting provision, As used in tllis Security Instruinent: (a)words of the inasculine gender shall illean and inelude corresponding neuter wards or words of the feminine gender; (b)words in the singular shall mean ai�d include the plural a�7d vice versa; and(c)tlie word"inay" gives sola discretion wiEhout any obligation to take any�ction, 17. Borrower's Copy. Borrower shall Ue given one copy of the Note and of this Security Instrumeilt, 18. Transfer of the Property or a �eneficial Interest in Borrower. �1s usecl in this Section 18, °I��terest in tlle Property" means any 1ega1 or Ueneficial interest iiz the Property, inclueling, but not limited to, those beneficial interestis trailsferred in a Uond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is tlie trailsfet•of title by Borrower at� fiiture date to a purcllaser, If all or any�art ol tlie Property or any Interest in the Property is sold or tr�nsferi�ed(or if Borrower is not� natural person and a berieficial int�rest in Borrower is solcl or ti•ansferrad)withou�Lende��'s prior written consent, Lender inay require inunediate payinent in full of all suins secured Uy this Security Instrument. However, this opfion sha11 not be exercised by Lender if suoh exercise is prohibited by Applicable Law. If Lender exercises this option, Lender sl�all give Borrower notice of lcceleration. Tlie notice sha11 provide� �eriod of not less tlaan 30 clays frorn the d�te the notice is given in�ccoi•danee with Sectio�i 15 within wl�ich Borrower must pay all sums secured by tlus Security Instrument, If Borrower fails to pay these suins prior to the axpiration of this periocl, Lender inay involc�any reizledies periilitted Uy this Security Instrument without further notice or denzand on Borrowei�. 19. Borrower°s Right to Reinstate After Acceleration. If Borrowar meets certain conditions, Borrower sl�all have�the rigllt to hav�enforeement oF this Sect�rity Instrument discontintled at auy time prior�o the easliest of: (a) t"ive clays before s�le of the Pro�erty�ursLtant ta any�ower of sale contained in flus Security InstrLUnent; (U) siich other period as Applicable L�w inight specify for tlze termination of Borrower's right ta reinstate; or(c) entry of a juclgment enforcing tliis Security Instrument. T11ose conditions are that Borrowei° (a)pays Lender a1I sums whicl�then would be due under tliis Security Instrament and the Note as if no acceler�tion h�d occurrecl; (b) cures any clefault of�ny other covenants or agreements; {c)pays all expenses inctu�red in eiit'orcing tl�is Security Instruinent, including, btit not limited to, re�sonable lttorneys' fees, property inspectioii ancl valuation fe�s, and other fees incurred for the�urpose of protecting Lender's interest 231235 NEBRASKA-SIngle Family-Fannie M ae/Freddle Mac UNIFORM INSTRUM ENT Form 3028 1/01 VM P O VM P6(NE)(1105) Wolters Kluwer Financial Servlces Page 12 of 17