201208395 - Laserfiche WebLink

Browse

201208395 designated a substimte notice address by notice to Lender. Borrower shall promptly no[ify Lender of Borrower's change of address. If L,ender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified proceciwe. There may be only one designated notice address under this Security Instiument at any one time. My no[ice to Lender shall be given by delivering i[or by mailing it by first class mail to Lender's address stated herein uciless 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 L.ender umil actually r�eived by Lender. If any notice required by this Security Instrument is also required under Applicable L.aw, [he Applicable I,aw requirement will satisfy the corresponding requirement under this Security Ins[rument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and o6ligations contained in this Secnrity Instrument aze subject to any requiremems and limitations of Applicable Law. Applicable Law might explicitly or implicidy allow[he par[ies to agree by contract or it might be silent, but such silence shall not 6e construed as a prohibi[ion against agreetnent by contract. In the event tha[any provision or clause of this Security Instrumen[or the No[e 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 wnt]icCing pmvision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice versa; and(c) the word "may" gives sole discretion withou[any o6liga[ion to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Secrion 18, "In2erest in the Property" means any legal or 6eneficial interest in the Property, including, but not lunited to, rhose beneficial in[erests uansferred in a bond for deed, contrac[ for deed, ins[allment sales�mract or escrow agreement, the intent of which is the transfer of tide hy Borrower at a fu[ure date to a purchaser. If all or any part of the Property or 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 Lznder's prior written consern, I.ender may require immedia[e payment in full of all sums secured 6y this Security Instcument. However, this option shall not be exercised by Lender if such exercise is prolilbited by Applicable Law. If Lender exercises this option, Lender shall give Borrower nouce of acceleration. The no[ice shall ptovide 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 all sums secured by this Securiry Instnunent. If Bonower fails to pay these sums prior to the expiration of tlus period, Lender may invoke any remedies pemutted by tltis Security Instrument wi[hout fiuther notice 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 tivs 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 termination oF Borrower's right to reinstate; or(c)entry of a judgment enforcing this Security Instrument. Those conditions aze that Borrower: (a)pays Lender all sums which then would be due under this Security Instnuvent and the Note as if no acceleration had occurred; (b)cures any default of any other wvenants or agreements; (c)pays all expenses incurred in enforcing this Security Insmimen[, including, but not limited to, reasonable attorneys' fces, proper[y inspection and valuation fees, and other fces incurred for the purpose of protecting Lender's interest NEBqASKA-SirWle Famity-Fannie Mae/Fretltlie Mac UNIFOflM INSTRIIMENT Form 3029 1 iUt �MP�"' VMP6�NE)111051.00 Wokers Kluwer Financial Services Page 12 oY 1�