201208476 - Laserfiche WebLink

Browse

201208476 designated a substitu[e notice address by notice to Lender. Borrower shall promptly norii�Lender of Borrower's change of address. lf Lender specifies a procedure for reporiing Borrower's change of address, then Bofrower sh2ll only xeport a change o�address through Chat specified proccdure. There may be only one designated no6ce address under this SecuriYy Insfrmnent at any one rime. Any notice to Lender shall be�ven bq deliveting it or Uy mailing it by first class ma�1 to Lender s address stated hexein unless Lender has desi�aYed anoiher address by notice to Borrow-er. Any notice in connection with this Security Instrument sha�l not be deemed to have bcen given to Lender until actuall}-received by Lender. If any notice required by this Securiry Instruinenc is also required under Applicablc i,aw, the Applicable Law requiranent will satis�fy the corresponding requirement tmder�is SecuriYy InstrumenL 16. Governing Law; Severability; Rules of Construction. This Securiry Instrumeat shall be govemed by federal law and the iaw of thejurisdiction�n which the Property is located. All sights aud ob&ga�ons contained in this Secwity Instnunent are subject to anq requirements and limitations of Applicable Law. Applicable I.aw might explieitly or anplieitly allow the partfes to agree by contract or it might be sllent, but Such silence shall not be construed as a prohibition against agreement by contraot In the event that any provision or c]ause of this Sec�ity Instrument or the Note conflicts with Applicable Law, such conflict shaU not affect othe�provisions of this Security Instrument ar the Note which can be given effect without the conilicting provisi6n. As uscd in this Security Instnunent: (a)words of the masculine gender shall mean and include corresponding neutez words or words of the femin:ine gender; (b) worcis in the singular shall m�an and include the plural and vice versa; and(c) tho word"may" gives sole discretion without any oUligation to take any action. 17. Borrower's Copy. Bosower shall be given �ne copy of the Note and of this Secm-ity Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial int�est in tlie PToperty, including, but not limited to, tkose bene�cial interests transferred in a bond for deed, contract fos deed, installment sales comract or escrow agreement, the intent of wluck is the hansfer of title by Borrower at a future date to a purchaser. If all or any p�-t o£the ProgerEy or any Intesest in the Psoperty is sold or transferred(or if Bozrower i,not a nahual person and a beneficial interest in Borrower is sold or transfened)without Lender's nrior��ritten consent, Lender may require nnmediate payment in full of all siuns secured by tlus Security�Insiruuient. I�'owever, this optior.shall not be exarcised by Lender if such exacise is profiibited by Appllcahle'Law. If Lznder exerclses this option, Lender shall give Borrower noCice of aceeleration. The notice shall provide a period of not less than 30 days from Yhe date the notice is given in accoxdance with Section 15 within which Borrower must pay al.l sums secured by tl�is Security lustnunent. If Borrower fails to pay lhcae 5ums prior to the e�piration of Llus peiiod, Lender may invoke any xeinedies pernutted by tUis Securlty Insirument without fiu-ther notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conc3itions, Borrower shali have the right to have enfoiceinent of t6is Securiry Insh-urnent discontinued at any time pxior to the eazliesf of: (a}nve days before sale of the Property pursuant to any power of sale coaiained in this Security ]nshuman±; (b) such other period as Applicable Law might specify£or the ternunation vf Borrower's right to reinstate; or(c) entry of ajudgment cnforcing this Se�uiity InSirument Those conditions are that Boriowea: (a)pays Lendzr all sums which then would be due under this Security Insffument and the Nofe as if no aeceleiatloa had occurred; (b) cures auy default of any pther covenants or ageements; (c)pays all eYpenses incurxed in enfoxeing this Security Instrvment, iucluding but not liinited to, xeasonable attorneys' fee5, praperty inspection and valuarion fces, and other fees incurred for the purpose of protecting Lender's interest 2aoozeio N�RASKA=Single Pamity-Fannie MaelRedtlie NI ac UMFORM INSTRUP.1 BJT Porm 3028'I1�1 vnaP� � vm�Ps(nE)(��os) Nlolters Kluwer:inancia!Services Page 12 of 1]