201009363 - Laserfiche WebLink

Browse

, . ��-��.a 2oioo93s� �oi��71 There may be only one designated notice address under this Security Instrument at any one tinne. Any notice to 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 Borrower. Any notice in conzie�ction with this Security Instrurnent shall not be deemed to have been given to I...ender until actually received by I.ender. If any notice required by this Security Instruznent is alsa required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be govemed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrurnent are subject to any requirements and limitations af Applicable Law. Applicable Law might explicitly or irnplicitly allow the parties to agree by contract or it rnight 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 T,aw, such conflict sha�l not affect ather provisions of this Security Instrurnent or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masctiline gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singula�r shall mean and include the plural and vice versa; and (c) the word "rnay" gives sole discretion without aziy obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Secuu'ity Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 1$, "Interest in the Property" means any legal.or beneficial interest in the Property, including, but not limited to, those beneficial interests transfened in a bond for dced, contract for deecl, installment sales contract ar escrow agreernent, the intent af which is the transfer of title by Barrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (ar if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full af all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instr�ux►ent. If Borrower fails to pay these sums prior to the expiration of this period, Lender rnay invoke any remedies permitted by this Security Instnunent without further notice ar demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcernent of this Security Instrument discontinued at any time prior to the earliest of: (a) t'ive days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the ternaination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instniment. Thase conditions are that Borrower: (a) pays I.ender all surns which then wauld be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, praperty inspection and valuation fees, and other fees incurred for the purpose of protecting Lender'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 Property and rights under this Security Instrurnent, and Borrower's obligation to pay the sums secured by this Security Instrurnent, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following farms, as selected by Lender: (a) cash; (b) rnoney order; (c) cartified check, bank check, treasurer's check or cashier's check, provided any such check is dravcm upon an institution whose deposits are insured by a federal agency, instrumenta�ity or entity; or (d) Electronic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Single Family - Fannie Mae/Freddia Ma� UNIFORM INSTRUM�IVT '/ �-fi1NE) �os>>� Page ii ot i5 iniciaisr� Form 3p28 7/01 p y Y ,x. � . �. 5 � b.r 1 � . �e , .