201201696 - Laserfiche WebLink

Browse

201201696 designafed a substitutc noCice addr�s by noticc to l,ender. Rorrower sliall promptly notiFy Lender of Borrower's ohnnge of address. IF Lender specifies n proeediue for rcporting liotrower`s change of address, theu Borrower shall oiily report a changa of address through that specifieci proccciuro. There inay ba anly ane designa�ted notice addrass under Yhis SecuriCy Instrument at any one time. Any noGoe to Lendcr sh&71 be givcn by dclivering it or by inailing it by first ol�ss mail to Lender's address �tatcd l�erein miless Lcnder I�ae designated anoll�er addross Uy n�tice tti Rorrowen 11iry noYiee in conneotion with il�is Security InstrumenC shall not Ue deemed tA have been given te3 Londer mitil aetually received by Leudei. If any notice iequirec1 by this Secw-ity Inst�nme�3t is nlso required undcr Applicable L,aw, Yhe Appllcable Letiv requirament will satisf'y the coirespond'nig requiremenC under this Secm�ity Instrument. 7 6. Governing Law; Severabili4y; Rules of Gonstruction. This Swurity Insfiumeiit shall Uc govcrned by fcdcral law and thc law of the jurisdiction in�vl�ich the Property is located. All ixghts end obligntione contained in this Secutify Insh•umenC nre sul�jeoh to any xequiromcnts and]imitations of Ap�licable La�v. Applioable Law might expliciGly or implicitly allow the partiea to agree by conlract or it migUt Ue silent, but such silence shall not be const�ued as a prol�ibition a�ainsti a�greement by�caritrnct. I��i Che evenC ChaC any pirovision or clausc oC thie Security Inehumcnt or the Note conflicts with Applicable Ltv, siich conflicC shall noC nffecC other prodvsions of this Security Inslriunetit or tho Noie wl�icli can be given effect without the conflicting�rovision. As ueed in tUis Security H1sh�nment: (a}words of the niaeculine g�ncler shall mean and includa correspouding neuter words or words of tha femiiune gender; (b)words in fhe eingidar sl�all mean �nd include the plural aud vioe versa; aud(c) the woid"may"�gives sole discretion without any ol�ligation to talm any actioi�. 17. 6orrower'S Copy. Borrower shall be given one copy of Y1�e Note aud oP flus Seciuity fustirumcnt. 18. Transfer of the PropeMy or a Beneficial Interest in Borrower. As iised in iliis Sccuxm 1&, "Intcrest iu khe Property" ineans a�iy lega] or be�ieficial interest in the Propert�y, including, buE not limiled to, khose beneGcial interes6s f��ans�Perred in a bond for cleed, eontr�ot for dc,�c d, installment sales eontracY or eserow agxee�nent, the intent o£which is the transfer of Citle hy Borrower a��future date to a pm•cliase��, If all or any part of tlx Property or any B�lcrest in t�ho Yroperty is �o1d or tiausferred(or if'Borrower is not a natural peraon�nd�beneffcial interest in Borrower 'vs sold or lr��sfcrred) witl�out Lender's prior written consent�, Lender may require immediafe payinent ui full of all smns secured by this 5eonrity Insh•mnent. Howcvcr, thie option ehall nof be exen�cieed by Lender if suoh cxcrcise is prohiUited l�y ApplicaUle Law. If Lender cxcxciscs tliis oplion, Lendcr shall give B�rrowcn noficc of acceleration. Tha notice sl�all provida a period of not less than 30 days fi•om the dete the notice ie given in aceordanca with Scctron 15 within which Borrower must pay all swny secured by tl�is Secm'ity InsUument. If Borrower fnils to pny these sume prior Co 11io eXpiratian of this period, Lencier may invoke�any remcdics�permitted by tliis Secw'ity Instruinent without furtksx notioe or demand on Borrower. 79. Borrower's RighY to Reinstate After Aceeleration. iPAorrnwer meets certaizi condiYious, Borrawer shall hnve fhe tight Co haue enforcement of Chis Seourity Instruu�ent discontinuod at any tiine prior to t7ie earliest of; (a)f ve d�ya before eale of the Prope��ry purauant ko any power oPsale containai in this Security IusfrtunenY.; (b) snch otiher period as A�licaUle La�w inight speeify Por the termination of Bon�ower'a right to reinst�tYc, oC (c) c�th•y oCajudgincnh enforcing Lhis Sccurity fi�struine�z� Those conditions tue that Borrower: (a)p�ys Lender all snme which then woald l�e due under Chis Securi6y Inslrumcnti and tho Note rs if no acceleration had occtu'red; (U}cm'es azry detault of�ny other covanvits or �tgreements; (c)plys t�ll ez�ensee incurred in cnforcing Ehia Sernn�ity Insl�-mi�enC, inchuling, but not limited to, reasonable�nktornays' fees, pxoperty inspection nnd valuafion feos, and other fees inciirred for Ihe purposc�o�Fprotecting Lc��d�'s interest sq000asa N E�RFlSKA-Single Fam Ily-Fannle M ae7F1'etldle M ac UN I GORM INSTRUM ENT Form 3028 1/01 VM P(� VM PA(NL�(1105� Wolters KWe�er financial Servlces Pa9e 12 of 71