201207499 - Laserfiche WebLink

Browse

20�2o��g� flesignated a subsritute notice address by notice to Lender. Borrower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Bonower shall only report a change of address through that specified procedure. � There may be only one designated norice address under this S�urity 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 address by notice to Borrower. 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 notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this 5ecurity Instrument. 16. Governing Law; Severability; Rules of Construction. This Se,curity Instrument shall be govemed by federal law 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 limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shatl not be construed as a prohibirion against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the contlicrin� provision. As used in this Security Instrument: (a) words of the masculine gender shal� mean and include conesponding 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 "may" gives sole discretion witfiout any obligaxion to take any action. 17. Bc>rrower's ��y. Borrower shall be given, one copy af the Note a�td af this Security Instrument. ?8. Tcansfer of the Praperty or a�neficFal tnt�est in Borrowesr. As use,d in this Section 18, "Interest in the Property" means an,y Iegal or beneficial interest in the Properly, including, but not limited to, those beneficial inter�ts transfened in a bond for dced, contract for d�d, i�tatim�t sales contract or escrow agreement, the inteut af which is the transfer of ride by Borrawer at a future date to a purchaser. If all or any parE of the Property or any Interest in the Property is sold or transferred (or if Bonower 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 alI sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If I.ender exercises ttus oprion, Lender shall give Borrower notice of acceIeration. 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 Borrower must pay a11 sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Bonower. 19. Borrower's Right to Reinstate After Accelerafion. If Bonower 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 S�urity Instrument; (b) such other period as Applicable Law might sp�ify for the termination of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security 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 inspection 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 Kluwar Financie� Servlces Form 3028 1/01 VMPBWE) (7105) Page 12 of 17 m�