201204559 - Laserfiche WebLink

Browse

20120455� designated a substitute notice address by notice to Lender. Bonower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower shall only report a change of address through that spe,cified procedure. There may be only one designated norice address under this Security Insm�ment 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 address stated herein unless Lender has designated another address by notice to Borrower. Any norice in connecrion with this Security Instrument shall not be deemed to have been given to Lender until actuaily received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this S�urity Instrument. 16. Goveming Law; Severability; Rules of Construcfion. This Security Instrument shall be govemed by federallaw and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitarions of Applicable Law. Applicable L.aw might explicitly or implicitly allow the pazties to agree 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 Security Instrument or the Note contIicts with Applicable Law, such conflict shall not affect other provisions of this Security Instivment or the Note which can be given effect without the conflicting provision. As used in this Seeurity Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "m�y" gives sole discrerion without any obligation to t�kke aIIy action. 17. Borrower`s Copy. Borrower sha11 i� given one copy of the Note and of this S�urity Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales corctract or escrow agreement, the intent of which is tke iransfer of ritle by Borrower at a future date to a purchaser. If all or any part of the Properly or any Interest in the Property is sold or transferred (or if Barrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Secusity Instrument. Hflwever, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Bonower norice of acxeleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Bonower 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 ttus Security Instrument without further norice 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 this 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 Instrument; (b) such other period as Applicable Law might specify for the terminarion of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under this S�urity Instrument 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 limited to, reasonable attorneys' fees, property inspecrion and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Finencfel Services Form 3028 1/01 VMP6(NE) (11051 Page 12 of 17 �