201700599 - Laserfiche WebLink

Browse

2� 17��599 If the Loan is subject to a taw which sets maximum loan charges,aad that lav�r is fi�ally interpreted so that the interest or other loan charges co�Iected or to be collected in connectian with the Loan exceed the permitted limits,then: �a)any such loan charge shall be reduced by the amount necessazy to reduce the charge to�he permitted limit;and�b}any sums already collected fram Borrower which exceeded permitted limits�ill be refunded to Borrawer. Lender may choose to make this refund by reducing the principa�owed under the Note or by making a direct payrnent ta Borrower.If a refund reduces principal,the reduction witl be treated as a partial prepayrnent without any prepayment charge[whether or no�a prepayment charge is proWided for under the Note}.Borrower's accept�nce of any such refund made by direct payment to Borrower wi1�constitute a waiwer of any right of actioa Borrower m�ght have arising out of such avercharge. 'I�. Nvtices.All n.ot�ces gi�en by Borrower or Lender�n connection with this Security Instrument mus#be in �riting.Any notice to Borro�yer in connection with this 5ecurity Instrument shall be deemed to have been given to Borro�ver when mailed by first class mail or whea actually delivered to Borrower's notice address if sent by ather means.Notice to any one Borrower sha�l constitute notice to ali Borro�ers unl�ss Applicable Law expressty requ�res otherwise.The notice address shail be the Property Address unless Borrower has designated a substitute notice address by notice to Lender.Borrower shall pramptly notify Lender of Borrower's change of address. �f Leader speciFies a procedure for reporting Barro�rer's change of address,then Borrower shall only report a change of address through�hat specified procedure. There may be only one designated aotice address undcr this Security�nstrument a�any ane time.Any notice to Lender shall be given by delivering it or by mailing it by fu-st class mail to Lender's address stated herein un�ess Lender has designat�d another address by notice to Borrower.Any notice in connecti�n with this Security Ir�strument sha11 not be deemed to ha�e been given to Lender untxl actually received by Lender. if any notice requued by this Security Instrumeut�s aisa required under Applicable Law,the App�icable Law requirement wi11 satisfy the correspandrng requirement under this Security Instrument. 1 fi. Go�erningLaw; Severability;Rules vf Construction.This Securi�y xns#rument shall be governed by federa�law and the law of the jurisdiction in wh�ch the Property is located.All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or imp�icitly a�tow the parties to agree by contract or it might be s�lent,but such silence shalx not be construed as a prohibition against agreement by contract. In the e�vent that an.y provtsion or clause of this Security Instrument or the Note conflicts with Applicable Law,such conflict shall not affect other provisions of this Security�nstrument or the No�e which can be gi�en effect without the �onflicting provis�on. As used in this Security Instrument:�a}words of the mascu�iae gender shall rnean and include corresponding neuter words or words of the feminine$ender;(b)words in th�singular sha11 mean and include the p�ural and vice versa;and�c}the word"may"gi�es sole discretion without any obligation to take any action. 17. Borrower's�opy.Borrower sha11 be givea on�capy of the No�e and of this Security Instrument, �I$. Transfer of the Property or a Beneficiallntsrest in Borrower.As used in this Sect�on 18, "Interest in the Property"means any legal or b�neficial interest in the Property,including,but not limited to,those beneficial interes�s transferred in a bond for deed,coatract far deed, instal�meat sales contract or escrotiv agreement,the in�ent of which is the transfer of title by Borrower at a future date to a purchaser. Yf all or any part of the Fr�perty or any Interest in the Property is sold or transferred�or if Borrower is not a natural person and a benef�cial interest in Borrower is sold or transferred}without Lender's prior written consent,Lender may require immediate payment in full of a11 sums secured by this Security Instrument. However,this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. NEBRASKA-Sinqle Family-Fannie MaelFrodd�Mac UNIFORM INSTRUMENT WITH MERS Form 3428 1141 VMP� VMPfiA(NE)(1342).40 Wo�ters Kluwer Fir�ancial Services Pa�e i 2 of 17 q 6 91 1 1