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201200337
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Last modified
3/7/2012 11:22:39 AM
Creation date
1/12/2012 3:58:44 PM
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DEEDS
Inst Number
201200337
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201200337 <br /> If llie Loan is subject to a law wltich sets maximum loan cha�ges, and ttm[ Inw is ftnally interpreted so that <br /> the interest or other loan charges colFecled or lo be collected in comiectlon wilh the I,oan exceed �he <br /> penrrilled limits, then: (a) any such loan chuge shall be reduced by the amuunt ��ecessary to reduce the <br /> chu�gc to the permitted limit; and (6) any sums already wllected from 13orrower which cxcccdcd permittcd <br /> limils will be refunded lo Borrower. Lendec may choose [o make this retlmd by reducing lF�e principal owed <br />. under the Note or by making a direct payrnenf tn Burrower. lf a refund reduces principal, the reduction will <br /> be trcated as a partial prepayment withunt nny prepaymen[ charge (whethee or not a prepayment charge is <br /> provided fnr under the Note). Bormwer's acceptance of any suc6 refund made by direct payment to <br /> Bnrrnwer will conslilule a waiver of any right of action Borrower might have arising ouf of such overcharge. <br /> 15. Notices. All noCices given by Borrower or Lender in connection with this Security lnstrumenl must be in <br /> writing. Any notice to Borrower in cnnnection with this Security 1[ts(rumen[ sliall be deemed to have been <br /> given tu Bnrruwer when mailed by firsl class mail or wlien aclually delivered to Borrower's notice address if <br /> senl by olher means. Nolice lo any one Borrower shall constitute notice to all Borroweis imless Applica6le <br /> Law expressly reqtdres otl�erwise. The noUce address shall be thc Property Address nnless Bo�ruwer hns <br /> dcsignated a substitute notice address by notice to Lender. Surrower shall promptly nolify Lender of <br /> Borrower`s chaoge of address. Tf Lender specifies a procedure fur repurting Borrowers change of address, <br />� [he��Borruwer ahxll o�ily report a chuige oC address through tliat specified procedure. <br /> There may be only one designated nntice address under this Sncurify Inslrument al any one lime. Any nolice <br /> lo Lender shall be given by delivering it or by malling it by first class mail to Lender's address stamd hcrcin <br /> unless Lender has deslgnated anotlier addre�ss by notice Co Porrower. Any notice in connection with thi; <br /> Security inshvment shall not be Aeemed ko have been given [o Lender until actually received by Lender. If <br /> any no[ice required by this Seeurity lnslrmnent is also required emder Applicable L'aw, [he Applicable Law <br /> requirement wlll satisFy fhe corresponding requirement under this Sccarity Inshumcnt_ <br /> 16. Ooverning Law; Severability; Rules of Construction. This Sec�uity Instn�ment shAil be governed by <br /> federal law and the law of fhe jarisdiction in which Ihe Property is lncated. Al] rights and uLligxtions <br /> � contained in this Securily 1�utrumenL are subject lo any requirements and limitations of Applicable Law. <br /> Applicable Law might explicitly or Implicitly allow the partles to agrec by conhact or il mighf be silent but <br />� such�silence shall nul Le cunstrued as a prohi6ifion against a�,�eemenl 6y conli'aci. ln We evenl tlial any <br /> provision or clause of this Security Instrument or the Note conflicts with ApplIcable Law, such confliet shall <br /> nut affect uther provisions nf fhis Security Instrument or the Nnte which cnn 6e given effect wi1lmuL I}te <br /> conflicting provision. <br /> As used in this Security Instrument (a) worAs of the mascidine gender shall mean anA include rnrresponding <br /> neatcr words or words of thc feminine gendcr, (b) words in the sii�gidar shall mcan and include Yhe plural <br /> and vice vetsa: and (c) lhe wurd "may" gives sole disc�etion wifLuut any o6ligalion 40 lake any action. <br /> 17. BoffoWer'S Copy. Bnrrower shall be given nne cupy uf the No[e nnd uf tt�is Security lnsliumenl. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in d�is Section 18, "Interest in <br /> the Property" means any Icgal or bencficial interest in the Properly, including, hut not limited t�, th�ue <br /> beneficial uLLerests transferred in x bnnd fnr deed, cuntract for deed, inslailmenL sales contracl or escrow <br /> agreement, tE�e intent of whicli is the transfer of li[le by Boreower at a fiituee date to a piucliaser. <br /> If alI or any part of the Property or any Interest in the Pmper�y is suld or transferred (or 3f 13nrrower is not a <br /> natural person and a beneficial inlerest in Borrower is sold or lransferred) without Lender's prior writ[en <br /> consent, Lende� may requiee immedlate payment in fiEll of all sutns secm�d by Cl�is Secu�ity Instmment� <br /> However, this opfion shall not be exercised by Lender if such exercise is prohibited by Applicable I,aw. <br /> oo��zzsmnos [oon�za�oaosl <br /> NEBRASKA-Single Femlty-Fannie MaeRred[�e Mac UNIFOIiM INSTRIIMENi W RH MEILS Ferm 30Lfl 11fH <br /> VMP� VMP6A�NE)(it05�.00 <br /> Wulters Kluwer Financial Services Page 12 of 1 J <br />
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