Laserfiche WebLink
�g120043� <br />designated a substitute notice 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 Borrower shall only report a change of address through that specified procedure. <br />There may be only one designated notice 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 Bonower. Any norice in conne,ction with this <br />Se,curity Instrument shall 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 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 Insm�ment shall be governed by <br />federal law and the law of the jurisdiction in which the Properry 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 shall not be cons� 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 Security Instrument or the Note which can be given effe,ct without the <br />conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include conesponding <br />neuter words or words of the feminine gender; (b) words in the singvlaz shall mean and include the plural <br />and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Capy. Borrowea shall he given one copy of the Note and of this Security Insmiment. <br />'t8. Transfer of the Property or a Beneficial lnterest in Borrower. As used in this Section 18, "Interest in <br />the Property" means any legat or heneficiai interest in the Property, including, but not limited to, those <br />beneficial interests transferred in a bond for deed, contract for de.ed, instalIment saies contract or escrow <br />agreement, the intent of which is the transfer of ritle by Bonower at a fut�ue date to a purchaser. <br />If all or any part af �lie Properiy or any Interest in the Property is sold or transfened (or if Borrower is not a <br />natural person and a beneficial interest in Bonower is sold or transferred) without Lender's prior written <br />consent, �.ender may reqvire immediate payment in full of all sumS secured by this Security Instrument. <br />However, ttus ogtioa sha2l not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercis� this option, Lender shall give Borrower notice of acxeleration. The norice shall provide a <br />period of not less th�w 30 days from the date the notice is given in accordance with Section 15 within which <br />Bonower must pay all sums s�ured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this periad, Lender may invoke any remedies germitted by this Security Insmiment without <br />fvrther notice or demand on Bonower. <br />?9. Borrower's Right to Reinstate After Acceleration. If Bonawer meets certain conditions, Borrower <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 termination of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those condirions aze that Bonower: <br />(a) pays Lender all sums which then would be due under this Security Instnunent 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 attorneys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Singla Famlly-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 12 of 17 <br />Y 4 <br />