Laserfiche WebLink
20120 <br />designated a subsritute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Borrower's change of address. If Lender sgecifies a procedure for reporting Borrower'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 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 notice in conn�tion with ttus <br />Security Instrument shall not be deemed to have been given to Lender until actually rec:eived 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 S�urity Instrument aze subj�t 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 construed 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 L.aw, such conflict sha11 <br />not affe.ct other provisions of this Secu.rity Instrument or the Note which can be given effect without the <br />confiicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b) words in the singular sha11 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 />'i7. Borrov�rer's Copy. Borra�+er shall be given one copy of the Note aad of this Security Instrument. <br />18. Transfer of tF�e Property or a Beneficeai Interest in Borrower. As used in this Section 18, "Interest in <br />the Property" me�s any Ieg�F ar bene�iciai interest in the Property, including, but not limited to, those <br />beneficiat icmterests transferr� ia a bond for de�, contract for deed, installment sales contract or escrow <br />agr�meat, the intent of wluch is the traasfer of title by Borrower at a future date to a purchaser. <br />If alI or any part of the Property or any Interest in the Property is sold or transferred (or if Bonower is not a <br />natural person and a beneficial interest in Borrower is sold or transfened) without Lender's prior written <br />consent, L.ender may require ir�nediate payment in full of atl sums secured by this Security Instrument. <br />I�owever, this option shall IIot be exereis�c€ by Lender if such exercise is prohibited by t�pplicable Law. <br />If Lender exercises this ogtion, Lencfier shall give Borrower notice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay all sums secured by tttis S�urity Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Inst�ument without <br />further norice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain condirions, Bonower <br />shall have the right to have enforcement of tlus 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 Securiry <br />Instivment; (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 Insm�ment 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 />progerty inspecrion and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP p <br />Wolters Kluwer Financtal Services <br />Form 3028 1/01 <br />VMP6INE) (1105) <br />Page 12 af 17 <br />� j �� � <br />