201007141 - Laserfiche WebLink

Browse

201007141 There may be only one designated notice address under this 5ecwuity Instruument at any one time. Any notice to Lender shall be given by delivering it or by nnailitxg it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. A~ notice in connection with this Security instri~men-t shall net be deemed to have been given to Lender until actually received by Lender. If any notice required by taxis Security Instrument is also required under Applicable Law, tbe Applicable Law requirement will satisfy the corresponding requirement under this Security Instntuncnt. 1G. Covernitug Law; Severabrti'ty; Rules of Couustraetion. This Security Instruxment 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 Instrument are subject to any rscquirernents and limitations of Applicable Law. Applicable Law might explicitly ar implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. in the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Ixxstrumrent ar the Notc which can be given effect without the conflicting provision. As used in this Security Insaument: (a) words of the masculine gender shall mean and include corresponding neuter wards ar words of the feminine gender; (b) wox`ds in the singular shall mean and include the pluual and vice versa; and (c) the word "may" gives sole discretion without air obligation to take auuy action. 17. Borrower's Copy. Borrower shall be given one copy of the Notc and of this Security Int. 18. Transfer of the Propertg or a Henefiicral Lnterest in Borrower. As usal in this Section 18, "Interest in the Property" means airy legal ar beneficial interest in the Property, including, but not limited W, those beneficial interests transferred in a bond for decd, contract for deed, installment sales contract or escrow a reement, the intent of which is tbe taansfer of title by Burrower at a future date to a purchaser. If all or an5- part of the Property or any Interest in the Property is sold ar transferred (or if Borrower is not a natuural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secuux,ed by this Security Instrument. However, this option shall oat be exercised by Lender if such exerci~ is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The entice shall provide a period of not less than 30 days from the date the urotice is given in accordance with Section 1S within which Borrower must pay all sauna secured by this Security Instrument. If Borrower fails to pay these sums prior tQ the expiration of this period, Lenckr may im-oke any remedies permitted by this Security Iiostruxment without further notice or demand nn Borrower. 19. Borrower'e Ri*ht to R~eitsstate After A~eoeleratiouz_ If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at a~+ time prior to the earliest of: (a) five days before salt of the Property pursuant to any power of sale contained in this Security Imdnumcnt; (b) such other period as Applicable Law might specify for the terminal;i~on of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instruiment. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instruxmcnt and fire Note as if no acceleration had occ-urrcd; (b) Cvr+es an3- default of any other covenants or agreeuxaents; (c) pays all expenses iuuc~urrcd in enforcing this Security Instrument. including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incanted for the purpose of protecting Lender's interest in the Property and r~hts under this Security Instnumcnt; acrd (d) takes such action as Lender may reasonably require to assort that Lender's intercat in the Property aril rights under this Security instrument, and Borrower's obligation to pay the sums secured by this Security Instruxmeaa~t, ahau continue unchanged. Lender may require that Borrower pay such reinstatement swags and expenses in erne or more of the foIIawing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasuurer's check or cashier's check, provided any such check ig drawn upon, an institution whose deposits are insured by a federal agency, instrumentality or entity; ar (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Inslrvment and obligations secuxred hereby NBRASKA - Sins Family - Fannie Maa/Froddiw Mae UNIFORM INSTRUMENT -a1NE1 roar ~ ~ rd. t t or t 6 idaw: ~_ Form 3D28 1lD9