201405467 - Laserfiche WebLink

Browse

��14�54�7 If the Loan is suhject ta a law which sets maxirnum�oan charges,ap.d that law is finally i.nterpreted so that the interest or other loan charges collected or to be callected in counec�ian with the Loan exceed the perm.ittetl limits,then: �a}any such loan charge shall be reduced�by the amount necessary to redu�e the charge to the perrnuitted limit;and(b}any su.ms already callected fmm Borrawer which exceeded pennitted linaits will be refunded to Borrower. Lender may chaase to rnake this refund by reducing the principal awed u.�.der the Note or by making a dire�t payment to Borrower.If a refund reduces prin�pa�,the reduction will be treat�d as a partia�prepayment wi�hout any prepayment char�e�whether or not a prepayment charge is provided for under�he N�te}. Borrvwer's acceptance of any such refund made by direct paym�ut to Borrawer wi�I constitute a wai�er af any right of actiou Borrower might have arising out vf su�h overchar�e. 15. NotlCes.All notices given by Borrawer or Lender in conn.ec�ion with this Security Instrum�nt must be in writing. Any notice to B�rrower in conne�tion wi�h this Security Ir�strument shall be deemed to hav�heen. g�ven to Borrower when mai.led by first class ma�.�or when a�tually de�i�ered�o Borrower's notic�address if sent by other means. Noti�e to any ane Borrower shall canstitute natice to all Borrowers unless Appli�able Law express�y requires otherwise.The notice address shall be the Property Address unless Barrower has designated a subs�itute notice address by notice ta Lender.Borrower shall promptly notify Lender�f Barrower's�hange�f address.If Lender specifies a procedure for repor�iug Borrower's�hange of address,then Borrower shall anly report a�ha�ge of address thraugh that specif�ed procedure. 'I�ere may be only one designated notice address under th�s Security�nstrurnent at any ane time. Any notice to Lender sha11 be gi.ven by deli�ering it or by rnailing it by first class mail to Lender's address stated herein unless Lender has desiguated another address by nvtice ta Barrow�r. Any notice in conne�tion with this Security Instrumeut shall not be deemed to ha�e been gi�en to Lender until a�tually recei�ed by Leuder. If any notice required by this Se,�urity Instrument is alsa required under Applicable Law,th�Applicable Law requirement will sati.s fy th�correspondi.ng requirement under this Security Ins�rument. 1 B. �o�ennin9 Law; Se've�ability; F��s Df C�nStruCtiOn. This Se,�urity Instrument shall h�governed�y federallaw and the 1aw vf the jurisdi��ian in whi�h the Prvperty is lo�ated.All righ�s aud abligations �ontained in�his Security Instru�ment are subject to any requirements and limita�ons of Applicabl�Lar�r. Applicable Law might explicitly or implicitly allow the parties t�agree by contract vr it rni�ht be s�lent,but su�h silence shall nat be�anstrued as a prohibition against agreement by�on�ra�t. In the event that any provision or clause af this Security Instrument or th�1�Tote canflicts with Appli�a�le Law,such conflict shall not affect vther provisions of this Security In.strument or the Note which�an be given effect without the canfli�t�n�pra�isian. As used i.n this Security Instrument: �a}words af the masculine gender shall mean and in�lude�ornesponding neuter words or words of the feminine gender; [b}words in the singular shall mean and include the plu.ral and vice v�rsa; aud�c}the ward"rnay" gives sole discretion withou�any obligation to take any aGt,ian. 1 T. Bar'�Dw er'S C.�py.Borrawer shall be given one capy af the Note and of this Security Instrument. 1 S. Transfer vf the Pnoperty�r a Be�e�ficlal lnt� In Bamow�r. As used in th�s S�c�ion 18, "��erest in the Prvperty"means any le�a1 or beneficial interest in the Property,includiug, but nvi linuted ta, those benefi�ial in.terests transferred in a bond for deed,contrac�for deed,installment sales cvntract or�s�rnw agreement,the in.tent of which is the transfer of title by Borr�wer at a future date to a pur�haser. If all or any part of the Property or any In.terest in the Property is sald or transferred�or if Borrawer is not a �atural person and a�enefi�ial interest in Borrawer is sold ar transferred}without Lend�r's prior written consent, Lender may require irnmediate gayment in.full of al�sums secured by this Security Instrument. However, this optio�shall nvt be exercised by Lender if such exercise is prohibited by App�icable Law. 1215465�� 891315�2 NEBRASKA-5ingl�Fatt�ly-Fan�iti MaelFred�ie Mac LlNIFORM INSTRUMENT WITH MERS Fvrm 3028 11Q1 VMP� VMPfiA=NE�{13Q2�.QQ Woit�rs Kl�w�r f�nar��iai Serr►icas Page 12 a 17 � � � � �� � �