201603120 - Laserfiche WebLink

Browse

2� 1 ��312� If the Loa�n is subject to a law which sets maxunum�oan charges,and that 1aw is f nally interpre�ed sa�hat the interest or�ther laan c�a'rges collected or tv be collect�d in connection�ith the Loan exceed the permit�ed Iimits,then.: (a)any such loan ch�xge sha11 be reduced by the amou�.t necessary to reduce the charge to the permitted�imit;and�b}any sums already co��c�ed from�orrower�vhich exceeded perm�tted Iimits�vi�l be refunded to Barrov5rer. Lender may choase t�make this refund by reducing th�pr�nc�ga�ow�d under the Note or by maki�g a d�r�ct payment to Bvrrower. If a refund reduces principal�the reduction wx11 � be treated as a gart�a�prepayment wi�hout any prepayment charge�v�hether or not a pregaym�nt�harge is pr�vided for under the I��te}.�orrower's a�ce��.n.c�vf a�.y such��€�n.c�made'by di�ect paym�nt to Borrower will constit�.te a waiver af any right of action Borrower might ha�re arxsing aut of such o�ercharge. v 'I 5, Notices.All noti�e�gi�en by Borra�rer or Lend�r in conne�tion with this Security Ins�rument mus�be in wr�ting.Any notice to�orrower in connection with th�s Security Ins�rument shall be deeme�to ha�e been given ta B�nower when mail�d by first class mai�or�hen actual�y delivered to Borrower's no�ice address if sent by�ther mean.s,Notice t�any one F�orrower shall constitut�n�ti�e taa all�o�rowers unless �pplicable Law expressly re�uires otherwise. The notice addr�ss shatl be the Propert�Address unless �orrower has desrgnat�d a substitute notice address by notice to Lender. $orrower sha11 promptly notify ' �,e��r of Borrov�er's change of a�dress.��L��.der specifies a procedt�re for reporting$orrawer's change af address,then Borr��er shal�only rep�r�a change�f addr�ss through that specifie�pracedure. There may be only ane designated notice addre�s under th�s Secu�rity Instrum�n�at any ane t�me.Ariy natice to Lender sha11 be giv�n by deliver�ng it or b�mailing it by first�lass mail to Lender's address stated herein un�ess Lender has designated another address by no�ice to Borrower.Any no��ce in connection with this Security In.strunnent shall nvt�e deemed to have been giver�to Lender untit�.ct�al�y�ecei�ed�by Lender,if any notice required by�his Securit}�Instrument is also required under Applicable La�v,the Applicable Law re,quuement wi11 satisfy the correspanding requirement unde�'this Security Instrumen�. 'I�. Go�erningLa►n►; 5e�er�abi�ity;Ru�es of�onstru�tivn.Th�s Se�urity Instrument shall be governed by federallavv and�he 1av�of the juris�iction in which the Property is located.All rights and obligations c�ntained in this Security Instrumen�are subject to any requirements and limi�tations af App�icable La�, Agpl�cable La�v might�xplicxt�y or imp�ici�ly a11ow the partie�to agree by cantract or i�might be s��ent,but such silenc�shal�nat be construed as a prohibition against agreement by contract. In the event that��y �ro�risiQn.or�lause of t�is Securit��nstrumen�or th�I�ot�conflicts v�ith Applicable Law,such conflict sha11 nat affect other pra�isions of this S�curi�Instrument ar the Note which can be giv�n effect witho�t the conflicting pra�rision, As used in th�s Security Instrument: �a}words�f�he masculine gender sha11 mean and inclu�e corresponding neuter�vords or words of the feminine gent��r; �b}words in the s�n.gular sha�l mean and�nc�ude the p�ural and vice versa;and(c}the word"m,ay"gives sole discretion without a�y abli�ation to take any action. '17. Borrowe��s�opy.�orro�ver shal�be given one Gapy of the Not�and of this Secur�ty In.strument. '�8. Tra�sfer of th�Pra��rty or a Senef��l�tterest in Borrower.As�se�i in th�s Section 18, "�nt�rest in the Praperty"means any 1ega�or benef cial interest in the Property, in�luding,bu�not limited to,those beneficial�nterests transferr�d in a bond for deed,cantract for deed,installment sales cantra�t or escrow agreem�nt,the intent of which is�he transfer of titie by Borrower at a future�ate to a purchaser. If a��or any part of the Property or any Interest in the Proper�y is sold ar transferred(or if Borrv�ver is nat a natur�l person and a benef�cial interest in Bvrrvvc�er�s so�d or tra�sfe�red)vvithout L�nder's prxor�ritt�n consent,Lender may require immed�ate payment in ful�af a11 sums secured by this Security Instrument. �owever,this optian shall no�be exer�ised by Lender if such ea�ercise is prohibited by Applicab�e Law. NEBRASKA-S�ngie Faml�y-Fannie MaelFreddie Mac LINIFQRM INSTRUMENT WfTH MERS Form 3D26 114� VMP� VMPfi►�NE}�1342}.04 Watters Ftlwver Firtancial Services Rage f 2 of 17' q�335 86570 D233 354 1217