Laserfiche WebLink
2oi2os�7; <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that <br />the interest or other loan charges collected or to be collected in connection wiW the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed <br />under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will <br />be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is <br />provided for under the Note). Borrower's acceptance of any such refund made by direct payment to <br />Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been <br />given to Borrower when mailed by first class mail or when achially delivered to Borrower's notice address <br />if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless <br />Applicable I,aw expressly requires otherwise. The notice address shall be the Properly Address unless <br />Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify <br />I.ender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change <br />of address, then Bonower shall only report a change of address through that spec�ed 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 notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will satisfy the corresponding requirement under this Security Instrument. <br />16. 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 Instrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicitly or implicitly allow the parties to agree by wntract or it might be silent, but <br />such silence shall not be construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Inshvment 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 Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural <br />and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br />the Property" means any legal or Ueneficial interest in the Property, including, but not limited to, those <br />beneficial interests transferred in a bond for deed, wntract for deed, installment sales wntract or escrow <br />agreement, the intent 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 Properiy is sold or transferred (or if Borrower is not a <br />natural person and a Ueneficial 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 Wis Security Instrument. <br />However, this option shall not be exercised by Le�er if such exercise is prohibited by Applicable Law. <br />NEBRASKA-Single Family-Fannia MaelFreddie Mac UNIFORM INSTRUMENT WITH MERS <br />VMP � <br />Woltare Kluwar Firmroial Servicas <br />Form 3028 1 /01 <br />VMPBAINEI (11061.00 <br />Page 12 of 17 <br />III III�IIII III IIIII'llll�ll�l I IWIIIIIIII I W <br />q03308681006 0333 348 1217 <br />