Laserfiche WebLink
�0�2�904� <br />designated a substitute notice address by notice to Lender. Borrower shall prompdy notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Borrower shall only report a change of address through that specified pr�ure. <br />There may be only one designat� notice address under this Se�curity 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 Instroment 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. Goveming Law; Severabil'ity; Rules of Construction. This Security Instzvment shall be governefl by <br />federal law and the law of the jurisdiction in which the Property is l�ated. 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 contiact 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 Instrument or the Note conflicts with Applicable Law, such conflict shall <br />not affe�t other provisions of this S�urity Instrument or the Note which can be given effect without the <br />conflicting provision. <br />As usefl 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 Inctn,f„�t, <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Se�tion 18, "Interest in <br />the Property" means any legal or beneficial interest in the Property, including, but not limited to, those <br />beneficial interests transferred in a bond for deetl, contract for deed, installment sales contract or escrow <br />agreement, tbe intent of which is the transfer of tifle by Borrower at a future date to a purchaser. <br />If all or any part of the Properly or any Interest in the Properry is sold or transferred (or if Borrower is not a <br />naturdl person and a beneficial 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 this Security Instrument. <br />However, this option shall not be exercise�i by Lender if such exercise is prolubited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with S�tion 15 within which <br />Borrower must pay all sums secured by this Security Instrument. If Boaower fails to pay these sums prior to <br />the expiration of this peri�, L,ender may invoke any remedies permiued by this Security Instroment without <br />fiuther notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower me�ets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might specify for the teimination of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this S�urity Instavment. Those condidons are that Borrower: <br />(a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />ineurred in enforcing this Security Instrument, including, but not limited w, reasonable attorneys' fees, <br />property insp�tion and valuation fees, and other fees incurred for the purpose of prote�ting I.ender's interest <br />WEBRASKA-Singla Family-Fennie Mae/Fred�e Mac UNIFORM INSTRUMENT Form 3026 1/01 <br />VMP � VMPSfNEI (11061.� <br />Wohars Kluwar Flnancial Servicas Page 12 of 17 <br />