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201602832
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201602832
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Last modified
7/24/2017 1:41:36 PM
Creation date
5/9/2016 10:48:27 AM
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DEEDS
Inst Number
201602832
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2� 1 ��2832 <br /> it by first class mail to Lender's address sta.ted herein unless Lender has des�gnated annther address <br /> by natice to Borrower.Any notice in connection�vith this Security Instrument shall not be deemed to <br /> ha�e been given to Lender until actua�Iy received�y Lender.If any notice requ�red by this Security <br /> Instrument is also r�quired under App�icable Law,the Applicable Law requirement W��1 satisfy the <br /> �orrespanding requirement under this Security Instrument. <br /> 'I�. Gv►►ern i ng Law; 5ever'abi I�ty; Ru les of Constructian. Th�s Security Instrument shall be <br /> go�erned l�y federal law and the law of the jurisdiction in which the Property is located. All rights and <br /> obligati�ns contained in this Security Instrument are subj ect to any requirements and limitati�ns of <br /> Applicable Law. Applicable Lavv might explicitly or implic�tly al�ow the parties ta agree by cantract <br /> ar it might be silent,hut such sil�nce shall nat be construed as a prohibition against agreement by <br /> contract. In the e�ent that any pro�ision ar clause of this Security Instrument or the Nate conflicts with <br /> App�icable Law, such confli�t shall not afFect other pravisions of this Security Instrument ar the Note <br /> which can be gi�en effect without the conflicting pro�ision. <br /> As used xn this Security Instrument: (a}vvords of the masCuline gender shail mean and include <br /> corresp�nding n�uter wards or words of the fem�nine gender; �h}w�rds in the singular shal�mean and <br /> include the plural and�i�e�ersa; and�c�the word "may" gi�es sole discretion without any obligation <br /> t�take any action. <br /> '�7. Borrower's Copy. Borrower sha�l be gi�en�ne copy of the Note and of this Secur�ty <br /> Instrument. <br /> '�8. Transf�r of the Prap�rty �r a Beneficia� tnt�r�st in 8�rrower. As used in this Section <br /> 1 S, "�nteres�in�he�r�perty"means any legal or beneficial interest in the Property, inC�uding,hut not <br /> limited ta,thos�heneficial interests transferred in a band for deed,Contract for deed, instaliment sales <br /> c�ntract or escrow agreement,the intent�f which is the transfer of title by B�rrower at a future date to <br /> a pur�haser. <br /> If al�or any part of the Property or any Interest in the Property is sold or transferred�or if Borrower is <br /> not a natural pers�n and a benef cial�nterest in Borr�w�r is sold or transferred}vvithaut Lend�r's prior <br /> written consent, Lender may require immediate pa�ment in full of a11 sums secured by this Security <br /> Instrument. Howe�er,this option shall not be exercised by Lender if such exerc�se is prohibited by <br /> Applicable Law. <br /> If Lender exercises this opt�an,Lender shall gi�e:Borrower not�ce of acc�l�ration. The notic�shall <br /> pro�ide a periad of not less than 3U days from the date the notice�s given in accordance with Section <br /> �5 within which Borrower must pay al1 sums secured by this Security Instrument. If Borrower fails t� <br /> pay these sums prior to the expiration nf this period, Lender may invoke any remedies p�rmitted by <br /> this Security Instrument without fur�her notice or d�mand on Borrower. <br /> '19. Borrower's Right t� Reinstate After Accel�rat�on. If Borrower meets certain conditions, <br /> Borrower shall ha�e the right ta have enf�rcement of this Security Instrument disc�ntinued at any time <br /> prior ta the earliest of: (a�f��e days bef�re sale of the Praperty pursuant to any power of sale contained <br /> in this S�curity Instrument; (b}su�h other period as Applicable Law might specify far the terminat�on <br /> of Barrower's right to reinstate; or(c}entry of a judgment enforcing this Security Instrument. <br /> Those conditi�ns are that B�rrovver: �a�pays Lender a11 sums which then�vould be due under this <br /> Security Instrument and the 1rTote as if no acc�leration had occurred; �b]cures any default of any <br /> other co�enants ar agreements; (c)pays a�l expenses incurred in enforcing this Securtty Instrument, <br /> lI1C�l1CIlI1�,l�ut not l�mited t�,reasonable attorneys'fees,property inspection and valuation fees, and <br /> 23ooaa�z3z <br /> NEBRASKA-5ingle Family-Fannie MaelFr�ddie Mac UNIFDRM�NSTRUMENT Form 30281I4� <br /> VMP� ❑81Z�15 <br /> WaEters 1t�uwer Financial Services 2�1604211fi.1.�.3454-N2�151019N Page 12 af 16 <br />
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