201607882 - Laserfiche WebLink

Browse

2� 1 ��7882 If the Loan is subj ect to a law which sets maximum loan charges,and that 1aw is finally interpreted so that � the�n.t�rest o�other�oan charges co��cted or�o be co��ec�ed�n connect�on�v�th the L��.n exGeed the p�rmitted limits,then; (a}any such loan cha.rge shall be reduced by t�e amnun�necessary to reduce the c�arge to the permitt�d lim�t;and�b}any sums already collected from Borrower which exceeded permitted 1imi�s wi�x be refund�d ta$orrower, Lender may chaose to make this re�und by reducxng th�principa�o�ed under the Nat�or by making a direct payment to Borrower. �f a refund reduees principal,the reduction wi1� be treated as a partial prepayment�vithout any prepayment charge(whether or not a prepayment charge is provided for under the Note}. Borrower's acceptance of any such refund made by direct payment to B�rtower will c�nstitute a waiver af any right of acti�n Borr�wer might have ar�sing out of such avercharge. '15. Natices.A��n�tices g�ven by Bor�o�er or�,e�d�r xn co��ct�an�v��h th�s Secur�ty Instrur�e�.t must be��. �vriting. An.y notice to Borrower in connec��on with this Se�urity�nstrument�hall be deemed tv have been given�o�orrower when rr�axled by fust�lass mail ar�vh�n actually deli�ered�a Barrtiwer'�natice address if sent by other means. Notice to any one Borrower sha��constitute natrce ta a�1 Borrawers un�e�� Applicable Law expressly requires o�herwise, The noti�e address shal�be the Property Address unless Borro�v�r has desrgnated a substitute notice address by n�tice to Lender. Borrower shall�romptly notify Lender of Borro�er's change of address. If Lender specifies�procedure for r�parting Borrawer's change af address,then B�rrower sha11 only report a change of address through that specified procedure. There may be only one designated nvtrce address under th�s 5ecurity Instrument at any on�time.Any n�tice tQ Lender shall be gi�en by de�i�ering it or�y maili�g�t by fust c�ass mail to Lender's address sta.ted herein unless Lender has designated another address by notice to Borrower.Any not��e in can.nection with this Security Ins�rument sha1l not be deemed to ha�e been given�o Lend�r un�i1 actual�y received by Lender. If any notice required by this S�curity Instrument�s also required under Applicable Law,the Applicable La�v requirement will satisfy the correspond�ng requirem�nt under this Security Instrument. �I fi. �averningLaw; Se�erability;Rules af Construction.'This Securi�y�nstrument sha11 be governed by federalla�v and the 1aw of the jurisdiction i�n�vhich the Praperty is loca#ed.A11 rights and abliga�ions contained in this Security Instrument are subject to atty requirements and�imitations of App�rcab�e Law, Applicable La�u might expl�ci��y or imp�icitly allow the parties to agree by cantract or it might be silen�,but such si�ence shall not be construed as a prohibition against agreement by contract. �n the�vent that any provi�ion or ciause of this Security Instrument or�he Note canfl�cts with Applieable I�aw, such canflict sha11 not affect other pr�visians of this Security�nstrument or�he Note which can be given effect without t�ae conflicting provision. As used in this Securi�y Instrument: �a}words of�he mascu��ne�ender sha11 mean and include corresponding neuter wards or�vords of the fe�inine gender; (b}words�n the�ingular sha11 mean and include the plural and��ce versa; and�c}�he word "may"gi�es sole discretion�vithaut any abligation to take any action. '17. Borrawer`s�opy.�orrower shall be given one capy of the N�te and of this Security Instrument. 18. Transfer of the Pro�erty or a Benef�c�allnterest in Borrower,As used in this Section I�, "Interest in the Property" means any I��ai or beneficial int�res�in the Property, including,but nat limited to�those beneficial �nterests tran�ferred in a bond for deed,contract for deed, installmen��a�es cvntract�r escrow agreement,the intent of which is the transfer of title by Borrower a�a future date to a purchaser. If all or any par�af the Property or any Interest in t�e Property is sold or transferred[or if Borrower is not a aatural person and a beneficial interest in Borrower is sold or transfened)without Lender's prior wri.tten cansent,�,�nder may require imm�d�ate paymen�in fu11 of al�sums secured by this Securi�Instrumen.t. Howe�er,this option shall nat be�xercised by Lend�r if such exerci�e is pr�hibited by Applicable Law. NEBRASI{A-5ingle Famiiy-Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITH MERS Form 342611D1 VMP� VMPBA(NE}t1342}.04 Wolters Kluwer Financial Services Page�2 of�7 q43354895414 �233 346 1217