Laserfiche WebLink
201009795 <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be given by deliverin� it or by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instxurnent 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 rec�uircment under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument 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 lnstrument are subject to any requirem�nts and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall nol be construed as a prohibition against agraement by contract. In <br />the event that any provision or clause of this Security In�trument or the Note conflicts with Applicable <br />�,aw, such conflict shall not affect nther provisions of this Security InsCrument or the Note which can be <br />given effect without the conflicting provision, <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gender; (b) worda in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />take any action. <br />17. Sorrower's Cop,y. Borrower shal] be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Seneficial Interest in Eorrower. As used in this Section 18, <br />"Interest in the Property" means any legal or benet"icial interest in the Property, including, but nat limited <br />to, those bene�cial interests transferred in a bond for deed, cantract for deed, installment sales contract or <br />escrow agreement, the intent of which is the trarasfer of title by Sorrower at a future date to a purchaser. <br />if all or any part of the Property or any Interest in the Prvperty is sold or transferred (or if Borcower <br />is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender' s prior <br />written consent, Lender may require irnmediate payment in ful] of a11 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 shal] give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from tk�e date the notice is given in accordance with Section 15 <br />within which Borrower must pay all sums secured by this Security lnstrument. If Sorrower fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Sorrawer's Right ta Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right ta have enforcement of this Security Instrument discontinued at any time <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />thiti Security lnstrument; (b) such other period as Applicable Law might specify for the termination of <br />Barrower's ri�ht to rein,state; or (c) entry pf a judgment enfqrcing this Security Instrument. '1"hose <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security instrument, including, but not limited <br />to, 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 Instrument; and (d) <br />takes such action as Lender may reasonably require to assure that Lender' s interest in the Property and <br />rights under this Security lnstrument, and Borrower's obligation to pay the sums sacured hy this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and. <br />expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�ed 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, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />231020 <br />NEBRASKA - Single Family - Fannie Mael�reddie Mac UNIFORM INS7RUMENT <br />�-6(NE) �osii� Page11 oris �nitia�s: Form 3028 1/01 <br />� �. <br />' ( 'LI`�"' <br />