Laserfiche WebLink
201200 <br />designated a subsritute notice address by notice to Lender. Bonower shall promptly notify Lender of <br />Bonower'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 specified procedure. <br />There may be only one designated norice addsess under this Security Instn�ment at any one time. Any notice <br />to Lender shall be given by delivering it or by ma.iling it by first class mail to Lender's address stated herein <br />unless Lender has designated another address by notice to Borrower. Any norice in connection with this <br />S�urity 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 conesponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicifly or implicitly allow the parties to agree by contract or it might be silent, but <br />such silence shall not be construed as a pmhibition against agreement by contract. In the event that any <br />provision or clause of this Security Instrument or the iVote conflicts with Applicable Iaw, such conflict shall <br />not affe.ct other provisions of this Se,curity Instrument or the Note which can be given effe,ct without the <br />c�nflicting provision. <br />As used in ttus 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 singulaz shall mean and include the plural <br />and vice versa; and (cj the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower shall he given one copy of the Note and of this Security Instrument. <br />'F8. �ransfer of the Pra�rty or a Beneficial irsterest in Borrower. As used in this Section 18, "Interest in <br />the Property" me,a�s a�y Iegat or beneficial interest in the Pro�riy, including, bnt not limited to, those <br />beneficial 'urterests tra�ferred in a bonc� for de,ed, contract for c�eed, installment sales contract or escrow <br />agreement, the intent of which is the transfer of tide by Borrower at a future date to a purchaser. <br />If alI or any part of the Property or any Interest in the Progerty is sold or transferred (or if Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lencier may require immediate payment in futl of all sums secured by this Security Instrument. <br />However, tIus oprion shall not be exercised by Lencter if such exercise is pmlubited hy Applicable L.aw. <br />If Lender exercises this oprion, Lender shall give Borrower notice of acceIeration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in acxordance with Section 15 within which <br />Borrower must pay all sums secured by this Security Instniment. If Bonower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instnunent without <br />furtt�er notice or demand on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain condirions, Bonower <br />shall have the right to have enforcement of this Security Inswment 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 tlus Security <br />Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower'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 />inctured in enforcing ttus Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />progerty inspection and valuarion fees, and other fe,es incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannte Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMPB(NEl (1105) <br />Wolters Kluwer Financial Servicas Paga 12 of 17 <br />: x <br />