201602769 - Laserfiche WebLink

Browse

2� 1 ��27�9 If the Loa�n is subject tv a law which sets maximum loan charges,and that lavv is finally�nterpreted so�hat the interest or o�her laan charg�s ca11��e�vr to�e collecte�in cannection v�r�th t�e�.oan exceed t�e permitted��mits,thea: (a]any such loan charge�hal�be reduced by t�e am�unt necessary to reduc�th� charge ta the permit�ed Iimit;and(b)any sums a�ready collected from Borrower�vhich exceeded permitted limits wil��ae refunded ta B�rrawer.Lender may cha�se to make this refun�by reducing the principa�awed under the Note�r by maki�g a direct paymen�to�orrower. If a refund reduces principal,the reduction wi11 � �e treated as a partia�prepayment without any prepayment charge(�vh�ther or not a pr�payme�nt charge is ' pro�ided f�r uader the Note}. �orrpwer's acceptance of any such refund made by duect payment to Borrower vvil�canstitute a waiver of any right af a�t�on Borrower m�ght have arising vut of su�h overc�arge. 1�. �11oti�es.A11 notic�s g�v�n by BQrrt�wer or Lencter�n connection wi�h this Security Instru�nen�must be in w�riting.Any notice to Bor�ower in c�nnectian with this S�curity Ins�'ument sha11 be deemed to hav�beea giv�n t�Bortower�hen mailed by first class mail or when actually deli�ered to Bon�wer's not�ce address if sent by other means.Notice to any on�Borrawer shal�c��a�titute notice to a11 Borra�v�rs unless . Applicable Lavv expressly requi.r�s ather�vise. The notice address sha11 be the Pr�pex�y Address unless Borrower ha�designated a substitute n�tice address by notic�to Lender. Borrawer sha11 pramptl�not�fy � Lender af Barra�ver's e�.ange of address. If Lender specifies a procedure for reporting�onower's change of address,then��rrower sha11�n�y report a�hange of address through that specified procedure. Ther�may be only one designat�d notice address under this Security Instrum�nt at any one time.An�notice to Lender shall be given by del�vering it�r by maili�g it by fust class mail to Len.der's address stated herein unl��s L�nder has designated another addres�by n��ce to Borrawer.Any notice in connect�on�r�th thi� Security Ins�rument shall nat be deemed to have been given to Lender unt�t actually received by Lend�r.If any notiGe requir�d by this Securi�y Instrument is also required ur�der Applicable Law,the Applicable�.ativ , requirement�vi11 sati�fy the c�rrespo�ding re�uirement un�er this Security Instrumen�. � 'Ifi. �overningLaw; Se�eralai��ty;Rulesof�onstruct�on.This Securi�ty Instrument shall be g�vemed by federallativ and the law af the jurisdict�on in which the Pra�erty is located.All rights and ob��ations contained in this�ecur��y�nstrument ar�subj ect�o any requirement�ant��mita.ti�n�of Applicable Law. Applicabl�Law might explicitly or implicitly al�ow the parties ta agree by contract or it might be silent,but such s�ten�ce sha11 not be construed as a prahibition against agreement by contract. In�he event that any provi�ion or clause of this Se�urity Instrumen.t or the No�e eonflicts with Applicable La�v,s�ch evnflict sha�l nat affect other provisian.s of this Securi�Instrument or the Note which can be given effec�without the cnnflicting prov�sion. As used�n this Se�urity Instrument: (a}tivords of the masculine gender sha11 mean and include correspflnding n.euter v�ords or�vords of the feminine gender;(b}words�n the singular sha�1 mean and inclut�e the plural and vice�ersa;and�c)the word"m�.y"gives sole c�iscretion without any obligation to ta.ke an�ac�ion. �l�. B�r�r�vwer's�opy.Bono�ver sha1�b�giv�n one copy of the Not�and vf this S�curity Ins�rument. �8. Transfer of the Property ar a Beneficiallnterest in Borr€�wer.As used in thi�Section 1$, "Interest in the PrQperty"means any legal or ben�ficial int�rest in the Pr�aperty, includ�ng,but not limited to,those benef�cia�interests transferred�n a bond for deed,contra�t f�r deed, installmen�sales contract or escrvw agre�ment,the intent of�hich is t}��raasfer of title by Borrower at�.fi�tur�date to a pur�has�r. I�a��or any pa�t of the Property or any Interest in the Property is snld or transferred[�r if�arrower is not a natural person and a��neficial interest in Borrower is sold or transferred}without Lender's prior written consent,Lender rrxay requ�re immediate payment in fu11 of a�l sums secured by this Security In�trum�nt. Hovc�ever,this�ption shal�not be exercised by Lender if such exercise is prohibited by Applicab�e Law. NEBRASKA�ingle Family-Fannie MaeJFreddie Mac L1NIF�RM tNSTRIJMENT WITH MERS Fomi 3028 11�1 VMP� VMPfiA(NE][1342].DU WaFters I�luwer Financ�al Services Page�2 of 9 7 qa3��s�s�o�� z�� sz Zzi7 s