201608800 - Laserfiche WebLink

Browse

2� 1 ��88�� If the Loan is subject to a 1aw which sets maximum loan charges, and that�a��s finally interpreted so that the interest ar other loan charges eollected or ta be collec�ed in connection wi�h the Loan exceed the p�rmitted limits,then: �a)any�uch loan charge sha11 be reduced by the amount necessary to reduce the charge to the permitted limit; and�b}any sums already collec�ed from Borrower which exceeded permitted limits�ill be refunded ta Bflrrower. Lender may choos�to ma�e this refund by reducing the principal o�e�. under�he Note or by maki�g a direct payment to Borrower. If a refund reduces prineipal,the r�duction wil� b��reated as a par�ial prepayment�vithau��.ny prepayme��charge(whether or not a prepayment charge is pro�ided for under the Note}. Borro�ver's a�ceptance of any such refund made by direct payment to Borrawer wi11 constitute a�uaiver of any right of actian Borrawer might have arising ou��f st�ch o�ercharge, '!�. Nati�es.A11 notices gi�en by BQrrower ar Ler�der in connection�ith this S�curity Instrux�r�ent m�st be in writing. .�rly no�ice to��rrow�r in co�nec�ion with this �ecuri�y�nstrum�nt sha11 be deemed to have been gi�en to Barrower when maile�l by fi.rst class mail or when actua�ly deli�rered to Borrower's notice address i�sent by other means. N�tice to any one Borrawer shall constitute no�iee to all Borrowers un�ess Applicable Law expressiy rec�uires ather�ise. The notice address sha11 be the Property Address un�ess Borrower has d�signated a substitute notice address by not�c�to Lender. �arro�rer sha�l promptly notify Lend�er af Bonower's c�ange of address. If Lender specifies a pracedure for repar�ing Borrow�r's change of address, then Borrower shall on�y report a change of address through that�pecified procedur�. There may be only one designated notice address under this Secur�ty Instrument at any one time. Any notice to Lender shall be gi�en by deli�ering it or by mailing it by f�rst c�ass mail to Lender`s address stated herein unless Lender has designated another address by natice to Borrower.Any notice in connection with this Security�ns�.�ument shali not be d�eemed�to have been given to Lender until actually recei�ed by Lender. If any notice required by this �ecurity Instrument is alsa reyuired under Appiicable La�v,the App�ic�bie Law requirement will sa�isfy the eorresponding requirerr�ent under this Security Instrument. �I fi. Go�erningLaw; 5e�erability;Rules of Gonstruetion.This Security Instrument shall be go�erned by federa��av�and�he 1aw af the juri�dict�on i�which the Property is l�cated.All rights and obligations c��tained in t��s Security��strumen�t are st�bj e�t to any req�irer�ents and lim�ta�tions of Applicable Law. Applicab�e Law might ex�licitly or implici�ly allo�the parti�s to agree b�cantract or it mxght be si�ent,but such sil�r�c�sha11 no�be cQnstrued a�a pr�hibition against agreement by contract. In the event that any provision or ciause af�his Securi.ty�nstrume��or�he Note confliets with Applicable Law, such conflict shall nat affect ather provisions af this Security Instrumen�or the Note�vhich can be given effect�rithou�the canflicting pro�isian. As used in this Secur�ty Instrument; (a}words�f the masculine gender shall mean and inc�ude corresponding neuter wards�r words of��e ferriinir�e ger�der; �b}words rn the singular sha11 mean and include the plural and vice�ersa;and(c}the word"may" giv��sole discretion vvithout any abligati�n ta take any a�tion. 'I�. Borrower's Copy.Borrower shall be given one copy of the Note and of this Security Instrurx�ent. 18. �ransfer of the Property ar a Benefici�llnt�r�st in 8orrower.A�used in this Section �S, "Int�rest in the Property" means any 1ega1 or benefic�al interest in the Property, includin�,but not limited to, those beneficial int�rests transferred in a bond for deed, cantract for deed, in�tal�ment sales contract or escrow agreemen�,the intent of which is the transfer af title by Borrower at a future da�e to a purchaser. If all or any part of the Property or any Int�rest in the Froperty is so�d ar transferred(or if Borrower is not a natural person and a b��.eficial interest in�orrawe�is sold ar transferred}without Lender's prior written consent, Lender may require immediate payment in full of a��sums secured by this Security�nstrument. However,this option shall na�be exercised by Lender if such exerc�se is prohib�ted by Applicable Law. NEBRASFCA-5ing�e Family-Fannie MaelFredciie Mac L1NIFaRM INSTRUMENT VIIlTH MERS Form 3028 11�1 VMP� VMPfiA(NE}(13Q2}.QQ Wolters Kluwer Financial Service� Page 12�f 17 q033663G�297 0233 44� 1�1?