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201204407
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Last modified
6/5/2012 4:40:53 PM
Creation date
6/4/2012 9:32:32 AM
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DEEDS
Inst Number
201204407
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20120440� <br />prepayment charge (whether or not a prepayment charge is provide� for under the Note). Borrower's acceptance of <br />any such refund made by direct payment to Bonower will constitute a waiver of any right of action Borrower might <br />have arising out of such overcharge. <br />15. Notices. All notices given by Bonower or L.ender in connection with this Se,curity Instrument must be in <br />writing. Any notice to Bonower in connection with this S�urity Instrument shall be dcemed to have been given to <br />Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other <br />means. Notice to any one Borrower sha11 constitute notice to a11 Bonowers unless Applicable La.w expressly requires <br />otherwise. The notice address shall be the Property Address unless Bonower has designated a substitute notice <br />address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender <br />specifies a procedure for reporting Bonower's change of address, then Bonower sha11 only report a change of address <br />through that specified procedure. There may be only one designated notice address under this Se,curity Insmament <br />at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's <br />address stated herein unless Lender has designated another address by notice to Bonower. Any notice in conn�tion <br />with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. <br />If any notice required by this S�urity Instrument is also required under Applicable Law, the Applicable I.aw <br />requirement will satisfy the corresponding requirement under this 5ecurity Insmxment. <br />16. Governing Law; Severability; Rules of Construction. This S�urity Instrument shall be governed by <br />federallaw and the law of the jurisdiction in which the Property is loca.ted. All rights and obligations contain� in <br />this 5ecurity Instrument aze subj�t to any requirements and limitations of Applicable Law. Applicable Law might <br />explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be <br />construeci as a prohibition against agreement by contract. In the event that any provision or clause of this S�urity <br />Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <br />Instnunent or the Note which can be given effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender sha11 mean and include conesponding <br />neuter words or words of the feminine gender; (b) words in the singulaz sha11 mean and include the plural and vice <br />versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Bonower sha11 be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Inter�t in Borrower. As used in this Section 18, "Interest in <br />the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial <br />interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agr�ment, the intent <br />of which is the transfer of title by Borrower at a future date to a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a <br />natural person and a beneficial interest in Bonower is sold or transfened) without Lender's prior written consent, <br />Lender may require immediate payment in full of all sums secured by this Security Instnunent. However, this option <br />shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Bonower 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 Bonower <br />must pay all sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of <br />this period, Lender may invoke any remeclies permitted by this Security Instrument without further notice or demand <br />on Bonower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instnunent discontinued at any time prior to the earliest of: (a) <br />five days before sale of the Properly pursuant to any power of sale contained in this Security Instrument; (b) such <br />other period as Applicable Law might specify for the ternrination of Borrower's right to reinstate; or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default <br />of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br />but not limited to, reasonable attomeys' fees, property insp�tion and valuation fees, and other fees incurred for the <br />purpose of prote,cting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such <br />action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this 5ecurity <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Q � <br />Form 3028 1/01 Page 10 of 14 www.docmagic.com <br />�� � <br />Ne30'L8.dot.�1 <br />
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