201603207 - Laserfiche WebLink

Browse

2� 1 ��32�7 If the L,aan is sub��ct t�a la�r whi�h sets maximum�oan charges,and that 1a�r is fina�l�i�.t�r�reted so�that the interest or other loan charges collected or to be collected in corinection�ith the Loan exceed the permit��d Iin��ts,the�: �a}an�such�oan charge�hali be reduced by the amaunt n�ces�ary to reduce the charge to the permitted limit;and��}any surns already collected fram Borrower tivhich exceeded permitted limi�s wi11 be refun�le�l to$anv�ver. i�ender may ch�o�e to make thi�refund by reducing the principal o�ved under th�IVote or by making a direct payment to Borrower. If a refund redu�es principal,the reduction will be treated as a partial prepayment without any prepayment charge(whether ar nat a prepayment charge is pra�id�d for under the Nate}. Borra�ver's acceptanc�of any such refund made by direc�payment to �3orrvwer will constitute a wai�er of any right of action Borrower might have ar�sing aut of such overcharge. '!5. Nvti�es.�11 notices giv�n b��3orrot�er or Lender in conne��ian v�ith this Security Instrumen�must be in writing. Any n.otice to Borrower in connection with this Security Instrument shall be deemed to have been giv�n to Borr�vver r�vh�n mailed by f�rst class mail or when actually delivered to Borrower`s no�ice addre�� if sent b�ather mea�.s.Noti�e to any one Borrower shall canstitute notice to all Bono�vers unless Applicable Law expressly requires atherwise.The natice addre�s shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower sha��prorr�p�ly notify Lender of Borrower's cha�ge af address. If Lender specifies a pracedure for reporting Borrower's change of address,then Borrower shai�only report a change af addaress through that specif ed proc�dure. There m�.y be only one designated notice address und�r this Security Instrument at any dne tirne.Any no�ice to Len�er shat�be gi�en by delivering it or b�m.a�li��it by first c�a�s ma��o Lender�s address sta.ted herein unless Lender has deSignated another address by notice to Borro�ver.Any notice in can.nection with this Securi�Instrument shall not be deemed to ha�e been given to Lender unti�a�tually receiv�d by Lender. If any notice required by this Security Instrument is also requ�red under Applicable Law,the Applicabte Lav�r r�quir�ment w�l�sat�sfy the corresponding requuen�ent under this Security�nstrument. 1 fi, Governin�Law; �everab��ity;Rul�s of Cons�ru�tian.This Security Ins�ument s�all be governed by federal law and the law o�'the jurisdiction in which the Pr�perty is located.A11 rights and obligations contain�d i�this Se�urity Instrument are sul�j�ct to any re�uirement�and limitatians afAppiicable Law. Applicab�e La�v might�xplicitly or imp�icitly a��ow the par��es to agree�by contract or it might be si�ent,but such sil�nee sha11 n�t be construed as a prohibition against agreement by c�ntract.In the even�that any pro�isian or clause of thi�Security Instrument ar the Nate conflicts�vi�h Applicable Law, such conflict sha1� not aff�c�other pro�isions of thYs�ecurity Instrument ar the Note which can be g��en effe�t�ithout the confl�cting provision. As used in this Security Instrument: (a}words of the masculine gender sha�l mean and include corresponding neuter v�o�ds or words of the fem�n�ne gender; �b}w�rds in��.e singular sh�.11 mean and include the plural and vice versa;and(c}the word"may"giv�s sol�d�scretion.without any obligation to ta.ke any action, '17. Borrower's�opy.Borro�ver shait be gi�en one cop�of�he Note and of this Se�ur��Instrument. 'i 8. Transfer vf the Property or a Beneficialinterest in Barr�ovr�er.As used in th�s Section�S, "Iraterest in the Property"means any Iegal or ben�ficial interest in the Property, inc�uding,but not limited to,those beneficial int�rests transferred in a bond for deed,contract far deed, insta.11ment sa�es contract or escraw agreement,the intent of which is the transfer of�title by Bax-rower a�a fu�ure date to a purchaser. � If a11 or any part of the Property or any Int�rest in the�'roperty is sold or transferred�or if Borr�wer is not a natural p�rsan and a beneficial interest in Borro�rer is�o1d or transferred�without Lend�r`s prior�vrit�en consent,L�nder may require immed�ate payment in fult af a11 sums secured by this�ecurity Instrum�nt. However,thi�aptinn shall not be exercised by L�nder if such exercise is prohibited by Applicable La�v, NEBRASKA-5ingfe Family-Fanr+ie MaelFreddi�Mac UNIFaRM IIVSTRUMEMT WITH MERS Form 3428 11�1 VMP C�7 VMPBA[NE}[13n2}.Q4 Woltess Kluwer Financial5er�ices P�ge 92 of 17 q43355355144 Q�33 351 1217