201009112 - Laserfiche WebLink

Browse

2fl1�� There may b� only ane designated notice address under this Security Instrurnent at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail ta L.ender's address slated herein unless Lender has designated another address by ncytic� ta �arrower. Any notice in conn�ction with this Security Tnstrument shall nat bc deexned la have heen given to Lender until actually received by Lender. Tf any notice requircd by this Security Instnxrnent is also required under Applicable Law, the Applicabl� Law requirement will satisfy the corresponding requir�m�nl under this Security Tnstrument. 1b. Gaverning Law; Severability; Rules of Constructic�n. This Security Instrument shall be governed by fcdcral law and the law of the jurisdiction in which the Property is lacated. All rights and obligatians cc�ntained in this 5ecurity Tnstrument are subject to any requirements and limitatians af Applicable Law. Applicable L,aw might explicitly or implicitly allow the parties to agrec by cc�nlract or it might be silent, but such silence shall not be construed as a prohibieion against agreement by cantract. In the event that any provision or clause of this Security Tnstrument or the Nc�te contlicts witlx Applicable Law, such canflict shall not affect other provisions of this Security Instrument or the Nats which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include carrespanding neuter words or words of the feminine gender; (b) words in the singular sha11 m�an and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to tak� any action. 17. Barrower's Copy. Borrower shall be given one copy of the Note and of this Sc:curity Instrumenl. 18. Transfer of th� Prap�rty c►r a Benefieial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or ben�ficial intcrest in the Property, including, but not limited to, those beneficial interests transferred in a band far d��d, Gantract fpr deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrow�r at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold ar lransf�rred (c�r if Borraw�r is not a natural person and a beneficial interest in Borrower is sold or transf�rred) withaut Lendar's priqr written consent, T.ender may r�quire immediate payment in full of all sums secured by this 5ecurity Instrument. However, this optian shall nat be exsrcis�d by Lender if such exercise is prohibited by Applicable Law. If T.ender exerciscs lhis optian, L.�nd�r shall giv� Barrower notice of acceleration. The notice shall provide a period of not less than 30 days fra�n the date the natice is given in accordance with Section 1S within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to lhe expiration of tixis periad, I.ender may invokc; any remedies permitted by this Security Instrument withaut Purther notice or demand on Borrower. 19. Borrower's Right to Reinstate After AcceMeration, If Borrower meets certain conditions, Boarrow�r shall have the right to have enforcement of this 5ecurity Instrument discontinued at any time priar ta the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable T�aw might specify for the termination of BGTIGW�Y' right ta reinstate; or (c) entry of a judgment enforcing this Security Tnstrument. Those canditians are that Borrower: (a) pays L.ender all sums which then would be due under this Security Instrument and th� Note as if no acceleration had occurred; (b) cures any default of any other covenants or agrcements; (4) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasUnabl� attarneys' fees, property inspection and valuation fees, and other fees incurred for the purp�se of pratecting L.ender's interest in the Property and rights under this Security Instrument; and (d) takes such action as L.ender may reasonably require to assure that Lender's interest in the Properiy and rights under this Security Tnstrument, and Barrawer's abligatian t� pay the sums secured by khis Security In.s[rument, shall GUntinue unchanged. L.ender may require that Barrower pay such reinstatement sums and expcnses in an� ur more of the following forms, as selected by L.ender: (a) 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) Electronic Funds Transfer. Upan reinstatement by Borrower, this Security Instrument and abligatians secured hereby NEBRASKq - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) �os,i� Pa�e 11 of 16 i��c�eig: Form 302$ 9/09