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2oioog493 <br />There may be only one designated notice address under this Security Instrument at any one tune. Any <br />notice to Lender shall be given by delivering it or by mailing it by �rst class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to $orrower. Any notice in <br />connection with this Security lnstrument sha11 not be deemed to have been given to Lender until actually <br />received by L.ender. If any notice required by this Security Instrwnent is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrurnent. <br />16. Governing Law; Severabil�ty; Rules of Construction. This Secu�ity �nstrument shall 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 Instrurnent are subject to any requirements and limitations of <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 $ecurity Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect ather provisians of this Security Instn�t or the Note which can be <br />given effect withaut the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shail n�an and i�� <br />corresponding neuter words or wards of the feminine gender; ro� Wora� ��, ct� S���ur� �1,� �a <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligatiori to <br />take any action. <br />17. Sarrower's Copy. Barrower shall be given one copy of the Note az�d of this Security Instrument. <br />18. Transfer of the Piroperty or a Bene�cial Interest in Borrower. As used in this Section 1 S, <br />"Interest in the Property" rneans any legal or beneficial interest in the Properiy, including, but not limit� <br />to, those beneficial interests transferred in a bond for deed, contract for dced, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Barrawer at a future date ta a purchaser. <br />If all or any part of the Proparty or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bene�cial interest in Borrower is sold or transferred) without Lender's prior <br />written consent, Lender may require irnrnediate 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 Law. <br />If Lender exercises this option, Lender 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 accardance with Section 15 <br />within which Borrower must pay all sums secured by this Security Instrument. If Barrower fails to pay <br />these sums prior to the expiration of this period, L.ender may invoke any xemedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower rneets certain conditivns, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale contain�d in <br />this Security Instrurnent; (b) such other period as Applicable Law might specify for the tern�uiatio� of <br />Borrower's right to reinstate; or (c) entry af a judgment enforcing this Security Instnune��t. '�laose <br />canditions are that Barrawer: (a) pays Lender all sums which then would i�e due under this S�t1y <br />Tnstrument and the Nate as if no acceleration had occuned; (b) cures any default af any other cov��aanls ur <br />agreements; (c) pays all expenses incurre� in enforcing this 5acurity Instrument, including, but not limiteri <br />ta, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instiwnent; and (d) <br />takes such action as Lender may reasonably reyuire to assure that L.ender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. �nder may require that Borrower pay such reinstaternent surns and <br />expenses in one or 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 institution whose deposits are insured by a federal agency, instrumenCality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Tnstnunent and obligations secured hereby <br />NEBRA$KA - Single Fsmily - Fannia Mae/Freddie Mac UNIFQRM INSTRUMENT <br />�-6�NE) �os�i� Page 11 of 15 inie�ais: Fvrm 3028 1/01 <br />� <br />' � � � F ,i � � t k ' � t � . <br />