Laserfiche WebLink
20120 <br />designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Bonower's change of address. If Lender specifies a procedure for reporting Bonower'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 Borrower. Any notice in connection with this <br />Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will sarisfy the conesponding requirement under this Security Instrument. <br />t6. Governing Law; Severability; Rules of Construction. This Security Instrument shall be govemed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instivment are subject 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 he construed as a prohibirion against agreement by contract. In the event that any <br />provision or clause of this Security Instnunent or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of this Security Instrument or the Note which can be given effect without the <br />conflicting provision. <br />As used in this Security I�trument: (a) words of the masculine gender shall mean and include conesponding <br />neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural <br />and vic� versa; and (c) the word "may" gives sole discrerion without any obligarion to take any action. <br />17. Bonawer's Copy. �rrower shall be given one copy of the Note and of this Security Insm�ment. <br />18. T►ansfer of the Property or a Bemeficral lnterest in Barrower. As used in this Section 18, "Interest in <br />the Property" means any legal or beneficial interest in the Frogerty, including, but not limited to, those <br />benefcial interests transferred in a t�nd for deed, contract for deed, installment sales contract or escrow <br />agreemeat, the intent of wluch is the tran.sfer 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 transfened (or if Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. <br />However, this oprion shall not be exercise�i by Lender if such exercise is prohibited by Applicable Iaw. <br />If Lender exercises this oprion, Lender sha11 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 />Bortower must pay alI sums se,cured by this Secu.rity Insmiment. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Accelerafion. If Bonower meets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Insmiment 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 Security <br />Instrument; (b) such other period as Applicable Law might specify for the ternunarion of Bonower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: <br />(a) pays Lender all sums which then would be due under this Security Instrument 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 />property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />NEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP (n� <br />Wolters Kluwer Financfal Services <br />Form 3028 1/01 <br />VMP61NE) (1105) <br />Page 12 af 17 <br />'' + � <br />. !i � , , <br />