Laserfiche WebLink
20100904� <br />There may be only one designated natice address under this Security Instrument at any one time. Any <br />notice to I,ender sha11 be given by delivering it or by mailing it by first class mail ta Lender' s address <br />stated herein unless Lender has desi�nated another address by notice to Borrower. Any notice in <br />connection with this Security Instruznent shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is alsa required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. `I'his Security Instrument sha11 be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any requirements and limitations af <br />Applicable Law. Applicable Law might explicitly or implicitly a11ow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a prohibition against agreement by contract. in <br />the event that any provision or clause of this 5ecurity Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provisipn. <br />As used in this 5ecurity Instrument: (a) words of the masculine gender shall n;►ean and include <br />corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the ward "may" gives sole discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall ba given one copy of the Note and of this Security Instrurnant. <br />18. Transfer of the Property or a Beneficial Interest in Sorrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future data to a purchaser. <br />If all pr any part of the Property or any Interest in the Property is sold or transferred (ar if Borrower <br />is not a natural person and a beneficial interest in Borrower is sold ar transferred) withput Lender' s prior <br />written consent, Lender may require immediate payment in full of all sums secured by this Security <br />Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable I,aw. <br />If Lender exercises this option, I�ender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with Sectipn 15 <br />within which Borrower must pay all sums secured by this 5ecurity Instrument. If Borrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security lnstrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower rneets certain conditions, <br />Borrower shall have the right to have enforcement af this 5ecurity Instrument discontinued at any tinae <br />prior to the earliest o£: (a) five days before sale of the Praperty pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the termination of <br />Borrower' s right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. 7hose <br />conditions are that Sor� (a) pays Lender a11 sums which then would be due under this Security <br />Instrument and the Note as if n� acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses iancurred in enforcing this Security Instrument, including, but not limited <br />to, reasanable attorneys' fees, praperty inspection and valuation fees, and other fees incurred for che <br />purpose of protecting Lender' s interest in the Property and rights under this Security Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that I.ender's interest in the Property and <br />rights under this Security Instrur�aent, and Sorrower' s obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one ar more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer' s check or cashier' s check, provided any such check is drawn upon <br />an ianstitution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Barrower, this Security Instruxnent and obligations secured hereby <br />230981 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT 1 <br />�-6(NE) �osii� Page11 ori5 ini�iais: ��J� Form 3028 1f01 <br />� <br />