Laserfiche WebLink
201100479 <br />There may be only one designated notice address under this Security Jnstrument at any one time. Any <br />notic� to Lender shall be given by delivering it or by rnailing it by �rst class mail to L.ender'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 I.ender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement w�rr satisfy the correspanding requirement under this Security <br />Instrument. <br />16. Governing Law; Severability; Rules of Construction. This Se.curity lnstrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. All �ights and <br />obligations contained in this Se�urity 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 />might be silent, but such silence shall not be canstrued as a prohibition against agreement by contract. In <br />the event that a�ny pravision or clause af this Security Instrument ar the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instiument or the Note which can be <br />given effect without the conflicting provision. <br />As used in this Security lnstrument: (a) words of the masculine gender shall mean and include <br />conesponding neuter words or words of the feminine gender; (b) words in the singular shall rneazi and <br />include the plural and vice versa; and (c) the word "may" gives sale discretion without any obligation to <br />take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the NoCe and of this Security Instnunent. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section l8, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for deed, contract for deeti, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. <br />If 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 beneficial interest in Borrower is sold or transferz'ed) without I..ender's prior <br />written consent, T_ender may require immediate payment in full of a11 surns secured by this Security <br />Instrument. However, this option shall nat be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, L.ender shall give Borrower notice of acceleration. The natice shall <br />provide a period of not less than 3� days fronn the date the notice is given in accordance with Section 15 <br />within which Bort'ower must pay all sums secured by this Securiry Instnunent. If Borrower fails to pay <br />these surns prior to the expiration of this period, Lender cnay invoke any remedies pernutted by this <br />Security Instrument without further notice or dernand on Borrower. <br />19. Borrawer's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />$orrower shall have the right to have enforcement of this Security Instrurnent discontinued at any tirne <br />priar to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in <br />this Security Instrument; (b) such other period as Applicable Law might specify for the ternvuation of <br />Borrower's right to reinstate; or (c) entry of a judgznent enforcing this Security Tnstn�t_ 'i� <br />conditions are that Borrower: (a) pays Lender all sunns which then would be due under �is Sevuriiy <br />Instrurnent and the Note as if no acceleration had occurred; (b) cures any default af any other cave�ants or <br />agreements; (c) pays all expenses incurred in enforcing this Security InsCa°wnent, including, but nat limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting I.ender's interest in the Property and rights under this Security lnstrument; and (d) <br />takes such action as L.ender may reasonably require to assure that L.ender's interest in the Property and <br />rights under this Security Instrurnent, and Borrower's obligation to pay the sums secured by this Security <br />Instrurnent, shall cantinue unchanged. Lender rnay require that Borarower pay such reinstatement sums and <br />expenses in one or more of the following forms, as selected by �nder: (a) cash; (b) maney order; (c) <br />certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon <br />an institution whase deposits are insured by a federal agency, instz�wnentality or entity; or (d) Electronic <br />Funds Transfer. Upan reinstatement by Borrower, this Security Instrument and obligations secured hereby <br />NEBRpSKA - 5ingls Family - Fannie Mae/Freddie Mac UIVIFORM INSTRUMENT C <br />�-B�N�) ioa>>1 Page 11 of 15 i��t�ais: _�7 Form 3028 1/01 <br />� <br />