201100285 - Laserfiche WebLink

Browse

201100285 There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailin� it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Horrower. Any notice in connectipn with this Security Instrument shall 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 App]icable Law requirement will satisfy the corresponding requirem�nt under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security lnstrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall npt 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 Law, such conflict shall not affect other pravisions of this Security lnstcument or the Note which can be given effect without the conflicting provisian. As used in this Security Instrument: (a) words af tlie masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. l7. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instnunent. 1$. Transfer of the Property or a Seneficial Interest in Borrawer. As used in this Seation 18, "Interest in the Property" means any le�al or beneficial interest in the 1'roperty, including, but not limited to, those bene�cial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is fhe transfer of title by Borrower 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' a priar written consent, Lender may require irnrnediate payment in full of all sums secured by this Security Instrument. However, this option shall npt 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 Borrpwer must pay all sums secured by this Security Instrument. If Barrower fails to pay these suxns prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instruxnent without further notice or demand on Borrower. 19. Sorrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any tirne prior to the earliest of; (a) �ve days before sale of the Property pursuant to any power of sale containad in this Security Instniment; (b) such other period as Applicable Law might specify for the termination af Borrower's right to reinstate; or (c) entry of a judgrnent enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default af any other covenants or agreements; (c) pays all expenses incurred in enforcing this Sacurity Instrument, including, but not limited to, reasonable attorneys' fees, property in,pection and valuation fees, and ather fees incurred for the purpose of prptecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower' s obligation to pay the sums secured by this Security Instrurzaent, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) znoney order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electranic Funds Transfer. Upon reinstaternent by Borrower, this Security Instrument and obligations secured her�by z��o39 NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFpRM INSTRUM ENT �,�� /� � -6(NE) �oeii� Page 11 oF 15 in�c�ais: � �� ('� Form 3028 1/D1 � r�+-----