201401290 - Laserfiche WebLink

Browse

��14�1�9� which exceeded p�rm�tted �xmits vvill t�e ref.unded �o Borrower. Lender may chaose to mal�e th�s refund by reduc�.ng the principa� owed under the Nate or b}� makin� a d�rect payment to Bor�ravver. If a refund redu�es prin.cipal,the reduction wi�l be treated as a partia�prepayment�v��hou�any prepayment char�e und�r the 1�[o�e. No��es. Any no�ice to Borrovver pro��ded fo� in this Security �nstrumen� shall be �i�en by del�Werin� �� ar by maiiing it by first c�ass ma�1 unless App�xcable Law requires use of another methad. The n��ce shall be directed to the Proper� Address or any other address Borrawer des�gnates by notxce to Lender. Borrower a�re�s ta pro�ide Lender wi�h B�rr�wer's rnost currept mai�in� address, as �� may chan�e from �ime-�o-ti�ne. Any no�ic� to Lender sha11 be gi�en by f�rst class�naii to Lender's address s�a�ed here�n�r any o�her address Lender designat�s by notice to Borrower. Any natice pro�ided for in th�s Security Instrument shall be deemed ta have been �i�en �a B�rrower or Lend�r wh�n��ven as provid�d in�h�s para�raph. Go�ern�ng Law; Se�erability.This Securi�y Instrumen�shall be go�erned by federal law and the lavvs af�he state flf Nebraska. Zn �he e�en� that any pro�is�on or clause of �his Secur�ty �nstrumen� or �he N�te �onfli�ts with Applicable Law,such conflict shali na�affec�other prawisions of�h�s Se�urity Instrument or the No�e which can be given�ffec�withaut the canfl�ctin�pra�ision. Ta �his end the �rovis�ons of this Securi�ty Inst�ument and the No�e are declared�o be se�erable. Borrower's Copy. Borr�wer shal�be��en ane copy of this Security Ins�rument. Transfer of�h�Praper�y or a Beneficial �ntere�t in Borrawer. If all or any par� of the Property or any �nterest in it is sold or transferred �or �f a benefc�al in�erest in Borrov�er is sold or �ransferred and Sarrflwer is no� a natura� person} unless the Note shows tha� Borr�wer's loan is assumab�e, Lender may, a� it� option, requir� immed�ate paymer�� in fu�l af all sums se�ured by �his Securi�y Instrum�nt. Howe�er, �hi� option sha�l no� be exercised by Lender if exerc�se �s proh�bited by federal law as of�rhe date of this Security Instrument. If the No�e shov�s that Sor�ower's�oan is assumable, Borravver mus��btain Lender`s wr�tten permission f�r an assump��on and fol�ow any a�her requ�rements�f Lender re�a��d�o an assurnpt�an. If BorrovWer does not do s�, Lender may require �mmed�ate paym�nt in ful�of a��sums secured by this Security Ins�rument. _ �f Lender exercises �his ap��on, Lender shall �ive Borr�wer no�ic� of acceleration. Th� noti�e sha11 pro�ide a per�od of no� less �han �h� minxmum number of days es�abiished by Applicable Law fro� the date the nfltice is del�ver�d or nlai�ed with�n wh�ch Borrower mus� pay all sums se�ured by this�Security ins�rument. If Borrawer fa�ls ta pay these sums pr�or �o the �xp�ra�iat� of this period, Lender may in�oke any remed�es permit�ed by this Se�ur�ty�nst�ument wi�hout fur�h�r notice�r demand on Borrower. Borrower's Ribht �� Reinstate. �f Borrower mee�s cerrain candit�ons, Borrower shal� ha�e the ri�ht �a ha�e enforce�nent of�his Secur�ty Instrument discon��nued a.t any�rme pr�or�o�he ear�ier�f: �a} 5 days �or such �ther per�od as App�xcab�� Law��ay specify for r�instatement}befor�sale of the Pr�perty pursuant�o any pawer of sa�e con�a�ned �n �his Secur�ty �nstrument; ar �b� en�ry of a �udgmen� enfor��ng this Security Instru�an.e�t, ��ase canditions are that Borrower: �a} pays Lender a�] sums �hich then would be due under �h�s Secur�ty �nstru��nent and �he Note as if no acce�era�itin had accurred; �b� cures any defaul� of any other co�enan�s ar a�reemen�s; �c� pays alI expenses incurr�d in enfo��ng this Secur�ty �ns�rument, incIud�n�,�u�not Ixmxted to,reasonable at�orneys' fees�o the ex�ent permi�ed by law; and�d} takes such actian as Lender may reasonably �equ�re�o assure �hat the �ien of this Security Instrumen�, Lender's r��h�s in the Proper�y and B�rrower's obl��at�an tfl pay�he su�ns secured. by �h�s Security Ins�rrumen� sha�l con�inue unchan�ed. Upan rez�.s�a�emen� by Barr�vver, this Se�urity �nstru�nent and �he obli�a�ions secured hereby shall remain fully effective as if no acceleratian had occurred. Howe�er, �his rx�h�to reins�at� shall nflt apply in�he case of accelera�ion under the sec�i�n�itl�d Tran�fer of the Property vr a Benef��xa��n�erest�n Borrower. Sal� af Note Change nf L��an �er�xcer. The �I�t� or a pa��a.l �nterest in �he No�e �to�ether wi�h this Secur��y Instrument�may be so�d one or��ore �imes without pr�or notice t� Borrower. A sa�e may result in a chan�e in�he en��ty �knawn as the "Laan Ser��cer"} that c�ilects periadic payrnen�s due under �he Note and this Securi�y Instrumen�.There alsa may be�ne or mare chan�es af the Loan S�r��cer unre�ated�o a sa�e of�h�No�e. If�here is a�han�e of the Loan Ser�icer, Borr�wer wi11 b� �i�en wr�tten notice flf the chan�e in accordance v�ith�he section tit��d No�xees and A�plicable Law. The noti�e vviZl state th� name and address af�he new Loan Servicer and the address ta which paymen�s sh�u ld be made. The notice wi�1 also conta�n any o�her �nfo�mat�on requi��d by Applicable Law. Ha�ardvus Substances. Barrawer shall not cause or permxt the presence, use, disposal, s�nra�e, or release of any Hazardous Subs�an�es an ar in�he Property. Barrower sha�l nat do, nar allow anyane else ta do,anyth�n�affec�i�� the Proper�y that is in viola�ion of any En��ranmen�ai Law. The precedinb two sentences shall nQt apply to the presence, use,or s�orage on the Property af sma�l quantiti�s of Hazardous Substances that are genera�ly recognized to be apprflpr�ate ta normal res�den��a�uses and ta maintenance�f�he Proper�y. Borrawer shall promp�ly�iWe Lender wr�tten n�tice of any zn��sti�a�ion,�lairn, demand, Iawsuit or other act�on by any goWern�men�a� �r re�u�atory a�ency or prz�ate party �nvolvin� the Property and any Hazard�us Subs�ance �r Env�ronme�ta� Law of which Borr�vver has actua� know�ed�e. If ��rrav�er �earns, or xs no�if ed by any �overxa.men�al�r rebuiatory au�harity,that any rema�al or�ther remediatian of any Hazardous Subs�ance affectin� �he Proper�y is necessary, Borrovv�r shail pram.p��y take all necessary remedia� ac�lons �n accordance wxth Env�ronmen�al Law. As used �n this para�raph, "Hazardous Subs�ances" are�thase su�stan�es defined as t�x�c or hazardous subs�ances by Environmen�al Law and �he fo��ovv�ng subs�ances: �aso�zne, kerosene, other flammab�e �r �oxic petraleun� praducts, to��c pesticides and herbicides, ��Iatile solvents, materials containin� asbesta� or forma�dehyde, and 0?aQ4-241 s Corr�}�liance Systems,Inc.8EB3-1 D2�-?�1�L2.4.E I.7 i 2 Cansumer Real Estate-Security instF-urr�ent DL2�36 Pa��e 4 of 6 www.con�pliancesystems.�om