200904079 - Laserfiche WebLink

Browse

200904079 There It1ay be only one designated notice address under this Security Instrwrtcnt at any one time. Any notice tv Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Burrower. Any notice in connectiola with this Security Instrument shall not be deemed to have been given to Lender until actually received by l.,ender. If any notice required by this Security Instrument is also required under Applicable L,aw, the Applicable I-,aw requirement will satisfy the correspondin« requirement under this Security Instrument. 16. C~nverning Law; Severability; Rules of Construction. This Security {nstrurnent shall be. governed by federal law and the law of the jurisdiction in which the. Property is located. All rights and obligations contained in this Security lnstrument are subject tv any requirements and limitations of Applicable Law. Applicable Law might explicitly ar implicitly allow the parties to agree by ccmtract yr it. might be silent, but such silence shall not be construed as a prohibition against afire-ement by contract. ln. the c:veni that any provision or clause of this Security lnstrument or the Note conflicts with Applicable Law, such contlict shawl not affect other provisions of this Securit}~ lnstrument yr the Note w}aich cart be given effect without the conflicting provisivn. As used in this Security instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words o1' the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copse. Borrower shall be given one copy of the Note: and of this Security Instrument. 1~. 'Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "lnterest in the Properly" means any legal or beneficial interest in the Property, including, but not limited tv. those beneficial interests transferred in a bond for deed., contract for deed, insta[Iment sales contract or escrow agreement, the intone uE• which is the transfer of title by Borrower at a future date iv a purchaser. If all or any part of` the Property or any Interest in the Property is sold or transferred (or if Borrower is nut a natural person and a beneficial interest in Burrower is sold or transferred) without Lender's prior written consent. Lender may require immediate payment in full of all swrts secured by this Security lnstrument. However, this option shall nut be exercised by Lender if such exercise is prohibited by Applicable Law. if L-ender exercises this option, l..ender shall I;ive Borrower notice of acceleration. The notice shall provide a period of not less than 30 days frorxt the date the nvtice is given in accordance with Section 15 Wlttllrt W111Ch Borrower roust pay all sums secured b}~ this Security Instrrllt~ent, If Borrower fails to pay these sums prior to the expiration of this period, 1_.ender may invoke any remedies permitted by this Security lnstrument without further nvtice or demand on Borrower. 19, 13orrowcr's Right to Reinstate After Acceleration. if Borrower meets certain conditions, iorrower shall have the right to have enforcement of this Security lnstrument discontinued at any time prior to the earliest of: (a) live days before sale of the Property pursuant to any power of sale contained in this Security Instrument: (b) such other period as Applicable Law blight specif}' fir the termination of Barrower's ri~~ht to reinstate; yr (c) entry of a judgmem enf%~rcing tl7is Security Instrument. Those conditions are that Borrower: (a) pays Lender all Burns which then would be due under this Security lnstrument and the Note as if nv acceleration had occurred; (b) cures any datault of any other covenants yr agreel27ents; (c) pays all expenses incurred in enforcing this Security lnstrument_ including, but. not limited to, reasonable attorneys' fees. property inspection and valuation fees, and other fees incurred tC>r the purpose of protecting bender's interest in the Property and rights under this Security lnstrument; and (d) takes such action as I,eruler may reasonably require to assure that l.,ender' s irrterest in the Property and riglrts under this Security lnstrument, and Borrower's obligation to pay the sums secured by this Security lnstrtrrnent, sha11 continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in orre or mare of the follvwinz; forms, a.5 selected b}~ Lender: Ia) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency. instrumentality or entity; or (d) l;lectronic Funds Transfer. lJpon reinstatement by Borrower, this Security lrrstrurnent and ubligatiorrs secured hereby 230532 NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM IN5'rRUMENT -6{NE) roai~i Pagett or 15 initials. ~~ Form 3028 1101 c;