201203446 - Laserfiche WebLink

Browse

2012�344� designated a subsritute notice address by notice to Lender. Borrower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Bonower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by ma.iling it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually re,ceived by Lender. If any norice required by this S�urity Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligarions contained in this Securiry Instrument are subj�t to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agr� by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Se,curity Instrument or the Note conIIicts with Applicable Law, such conflict shall not afFect other provisions of this Security Instrument or the Note which can be given effe,ct without the conflicting provision. As usee� in this Se�urity Instrument: (a) words of the masculine gender shall mean and include conesponding neuter words or words of the feminine gender; (b) words in the singvlaz shall mean and include the plural an� vic�e versa; and (c) the word °may" gives sole discretion without any obligation to take any action. 17. Bcirrower's Copy. �orrower sha11 be given one c,opy of the Note and of this Security Instrument. 18. Tra�sfer of the Property or a Be�eficia{ Interest in Borrower. As used in tttis Section 18, "Interest in the Properly" means any Iegal or Ueneficial interest in the Progerty, including, but not Iimite� to, those beneficial irnerests transferred in a boncY for dced, contract for deec�, instatlment sales contract or escmw agr�ment, the intent of which is the t�sfer of title by Borrower at a future date to a purcha�r. If all or any part of the Properiy or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, L,ender may require i�iate payment in fu1l of alI sums secureri by this Security Instnttnent. However, this option shall not be exercisec� by Lender if such exercise is prohibited by Applicable Law. If I.ender exercises this oprion, Lender sha11 give Borrower norice of acceleration. The notice shall provide a period of not less than 30 days from the date the norice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of ttus Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instnunent; (b) such other period as Applicable Law might specify for the temunation of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: (a) pays I.ender all sums which then would be due under this Security Instnunent and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not lunited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP Q VMP6WE) (1105) Wolters Kluwer Financial Services Page 12 of 17 � ., A