Laserfiche WebLink
<br />200510779 <br /> <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations <br />under this Security Instrument in wdting, and is approved by Lender, shall obtain all of Borrower's rights and benefits under <br />this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security <br />Instrument unless Lender agrees to ~uch release in writing. The covenants and agreements of this Security Instrument shall <br />bind (exceptas provided in Section ~O) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's <br />default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, <br />but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express <br />authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the <br />charging of such fee. Lender may n~t charge fees that are expressly prohibited by this Security Instrument or by Applicable <br />Law. <br /> <br />I <br />If the Loan is subject to a :law which sets maximum loan charges, and that law is finally interpreted so that the <br />interest or other loan charges collecttd or to be collected in connection with the Loan exceed the permitted limits, then: (a) <br />any such loan charge shall be reduce~ by the amount necessary to reduce the charge to the permitted limit; and (b) any sums <br />already collected from Borrower wh~ch exceeded permitted limits will be refunded to Borrower. Lender may choose to make <br />this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment <br />charge is provided for under the Note). Borrower's acceptance of any such refund made by direct paymcnt to Borrower will <br />constitute a waiver of any right of action Borrower might have arising out of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Borrower in qonnection with this Security Instrument shall be deemed to have been given to Borrower <br />when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any <br />one Borrower shall constitute noticle to all Borrowers unless Applicable Law expressly requires otherwise. The notice <br />address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. <br />Borrower shall promptly notify LeAder of Borrower's change of address. If Lender specifies a procedure for reporting <br />Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There <br />may be only one designated notice address under this Security Instrument at anyone time. Any notice to Lender shall be <br />given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated <br />another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have <br />been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required <br />under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal <br />law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security <br />Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly <br />allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against <br />agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with <br />Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given <br />effect without the conflicting provision. <br />As used in this Security Instment: (a) words of the masculine gender shall mean and include corresponding neuter <br />words or words of the feminine gendF.r; (b) words in the singular shall mean and include the plural and vice versa; and (c) the <br />word "may" gives sole discretion wit-out any obligation to take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Prop~rty or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the <br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests <br />transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the <br />transfer of title by Borrower at a future date to a purchaser. <br />I <br /> <br />LOAN NUMBER: 5359564 <br /> <br />Nebraska Deed of Trust-Single Family-Fannie MaelFreddle Mac UNIFORM INSTRUMENT <br />-THE COMPLIANCE SOURCE, INC.- Page 10 or 13 <br /> <br />www.complianccsourcc.coml~~U1~I~IIWWWW~I~W~11 <br /> <br />Initials: d{;J _ _ _ <br /> <br />MERS Modified Form 3028 01101 <br />14301NE 08100 <br />&12000. Th~ Compliance Source, Inc. <br />