201009647 - Laserfiche WebLink

Browse

2oiooss4� There rnay be anly one designatetl notice address under this Security Instrument at any one time. 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 natice in connection with this Security Instrument sha11 not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement w�rr satisfy the carresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security �nstrument shall be gaverned by federal law and the law of the jurisdictioan in which the Froperty is located. All rights and obligations contained in this Security Instrurnent are subject to any requirernents and limitations of Applicable Law. Applicable Law rnight explicitly or irnplicitly 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 cantract. In the event that any provision or clause of this Security Instrument ar the Note conflicts with Applicable Law, such cvnflict shall not affe�t other provisions of this Security Instrumeiit or the Note which can be given effect without the conflicting provision. As used in this Se�urity Instrument: (a) words of the masculiz�e ger�der sha11 znean and include corresponding neuter wards or words of the feminine gender; (b) words in the singular shall rnean and include the pluxal a�nd vice versa; and (c) the word "rnay" gives sole discr�ion without any obligation to take any action. 17. Barrower's Copy. Borrower shall be given one copy of the Nate and of this Security In�sitwtient. 1$. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Sectian 18, "Interest in the Property" means any legal or beneficial interest in the Praperty, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreeztient, the intent of which is the transfer of title by $orrower at a future date to a purchaser. If all or any part o:F the Property or any Interest in the Property is sold or transferred (or if Borrower is taot a natural person and a beneficial interest in Bonower is sold or transfened) without L.ender's prior written consent, Lender rnay require imme�iate payment in full of all sums s�cured by tlais Security Instrurnent. However, this option shall not be exercised by l.ender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall giv� Borrower notice of acceleration. The notice shall pravide a period of nat less than 30 days from the date the notice is given in accordance with Section 15 within which Boxrower must pay all surns secured by this Security Instrument. If Borrower fails ta pay these sums prior to ttae expiration of this period, Lender may invoke any remedies pernutt� by this Secur�ty Instrument without further notice or dernand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower mcets certain conditions, Borrower shall have the right to have enforc�rnent of this Security Instrument discontinued at a�y tizxae prior to the earliest of: (a) �ve days before sale of the Property pursuant to any power of sale contained in this Security Instrurnent; (b) such other period as Applicable Law might specify for the ter�ni�atioa of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Ser.urity Instt'uz�a�t. 1�ose conditions are that Barrawer: (a) pays Lender all sums which then would be due tmder this S� Instrument and the Nate as if no acceleratian had accurred; (b) cures any default of any other co� or agreements; (c) pays all expenses incurred in enforcing this Security Instrurnent, including, but not limited to, reasanable attorneys' fees, property inspe�tion and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and righCs under this Security Instrurnent; and (d) takes such action as I.,ender may reasonably require to assure that Lender's interest in the �'operty and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstaterxaent sums and expenses in one or more of the following forms, as selected by l..ender: (a) cash; (b) money order; (c) cErtified check, bank che�k, treasurer's check ar cashier's check, provided any such check is drawn upon an institution whose deposits are insure� by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security TnsCrwmeant and obligations secured hereby NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) losttl page ii ot i5 Initials: �� Form 3028 1/01 s '