201207363 - Laserfiche WebLink

Browse

�0120�3G� designated a substitute notice address by notice to Lender. Borrower sha11 promptly notify Lender of Borrower's change of address. If L,ender specifies a procedure for reporting Bonower's change of address, then Borrower 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 mailing it by first class mail to Lender's address stated herein unless Lender has designated another adckress by notice to Bonower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any norice required by ttus Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federat��aw and the law of the jurisdiction in which the Property is locate�. All rights and obligations contained in this Security Instrument are subject to any requirements and��imitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contr�t. In the event that any provision or clause of this Secvrity Instrument or the Note conIIicts with Applicable I.aw, such conflict shall rn�t aff�t other provisions of this Security �nctn,me�r or the Note which can be given eff�t without the con$icting provision. As used in this Security Instrnment: (a) words of the masculine gender shall mean anct include corresponding neuter words or words of the f�e geader; (b) words in tfie singular shali mean� and include the pIural ancfi. vice versa; and (c) the word "may" gives sole discretion without arcy obligatian to take any action. 'E 7. Borrovver's Copy. Borrower s�hati be given one copy of the Note ancf af this Security Instrum�nt. 't8. �'ransfer ofi the Pro�srty or a Beneficia! te�te�t in Borrowrer. As used in tTus Section 18, "Interest in tbe Properiy" means a�y legal oF i�eneficiat interest in the Properly, including, but not limited to, those beneficiat interests ixansferred. in a bond fos deed, contract for deed IIIStaIIII1EIIt S3IeS COIILC�t OL ESCIOW agreement, the intent of which is the transfer of ritle hy Borrower at a future date to a purchaser. If all or any part of the Property ar 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 w+ritten consent, Lencter may require i�ediate payment in full of att su� s�ured by this Security Instrument. However, this oprion shalI not be exeacised by Lender if such exercise is prohibited by ApplicaUle Law. If L,ender exercises this oprion, Lender shall give Borrowes notice of acceleration. Tfie natice shall provide a period of not less than 30 days from the date the notice is given in accordance with Secrion 15 within which Borrower must pay atl sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the elcpiration of this period, Lender may invoke any remedies permitted by ihis Security Instrument without fiu�er notice or demand on Borrower. 19. Borrower's Right to Reinstafie After Acceleration. If Bonower meets certain conditions, Bonower shall have the right to have enforcement of this S�urity Instrument discontinued at any rime 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 temunation of Bonower's right to reinstate; or (c) entry of a judgnent enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums which then would be due under this Security Instiument 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, properly inspection and valuazion fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP � VMP6(NE) (1105) Wolters Kluwer Financial Services Page 12 of 17