Laserfiche WebLink
20i1Q022G <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />nocice 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 Instrument shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this 5ecurity Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the correspondin� requirement under this Security <br />Instrurn�nt. <br />lb. Governing Law; Severability; Rules of Construction. "I'his Security InsCrument shall be <br />governed by federal law and the law of the jurisdictian in which the Property is located. All rights and <br />obligations contained in this Security Instrument are subject to any requirements and limitations of <br />Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it <br />rnight be silent, but such silence shall not be constru�d aa a prohibition a�ainst agreement by contract. In <br />the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the canflicting 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 f'eminine gender; (b) words in the singular shall mean and <br />include the plural and vice versa; and (c) the word "may" gives sole discretion withput any obligation to <br />talce any action. <br />17. Sorrower's Copy. Borrower s�all be given one copy oF the Note and of thia Security Instrument. <br />18. Transfer of the Property or a B�neficial Interest in Sorrower. As used in this Section 18, <br />"interest in the Property" means any legal or beneficial interest in the Property, including, but npt limited <br />to, thosE bene�cial interests transferred in a bond for deed, contract for deed, installxnent sales epntract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />lf all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a bexae�cial interest in Borrovver is sold or transferred) without Lender's prior <br />written consent, Lender may require immediate payment in full of all su�m5 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, I,ender sha11 give Borrower notice of accelcration. The notice shall <br />provide a period of not less than 30 days from the date the notice is given in accordance with 5ection 15 <br />within which Borrower must pay all sums secured by this Security lnstrument. I£ Borrower fails to pay <br />these sums prior to the expiration of this pariad, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or damand on Borrower. <br />l9. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any tirne <br />prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrumernt; (b) such ather period as Applicable Law might specify for the termination of <br />Borrower' s right to reinstate; or (c) antry of a judgment enforcing this Security Instrument. Those <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 Instrurnent, including, but not limited <br />to, reasonable actorneys' 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 Lexader' s interest in the Property and <br />rights under this Security Tnstrument, and Borrower' s obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and <br />expenses in one ar more of the following forams, as selected by Lender: (a) cash; (b) money order; (c) <br />certi�ed check, bank check, treasurer' s check ar cashier' s check, provided any such check is drawn upon <br />an institutian whose deposits aze insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Barrower, this 5ecurity Instrument and obligations secured hereby <br />231037 <br />NEBRASKA - Single Family - Fannie Mas/Freddie Mac UNIFORM INSTRUMENT <br />�-s(NE) (0811) Page 11 0( 15 Initials Form 3028 ���� <br />� <br />