201103885 - Laserfiche WebLink

Browse

201103�55 There may be only one designated notice address under this Se�mty Instrument at any one time. Any notice to Lender shall be give� by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated �other addre�s by notice to Borrower. Any notice in connection with this Security Tn. i*±,enx shall not be deemed to have been given to I.ender until aclually r�eived by Lender. If any notica required by this Security Insh�ument is also required under Apglicable Law, the Applicable Law renuirement will satisfy the corresponding requirement under' this Se�uritY Instrument. 16. Governing Law; Severability; Rnles of Constraction. This Security Instrument shall be governed by federal law aad the law of the jurisdiction in which the Prope�ty is locat�. All rights and obligations contained in this Security Instrument are subject to any re�uirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the pazties to agra by contract or it might be silent, but such silence shall not be construed as a prolu'bition against agreement by contract. In the event that any provision or clause of this Security Insttiunent or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note wluch can be given effect without the contlicting provision As used in this Security Instrum�nt: (a) words of the masculine gender shall mean and include corresponding neut� words or words of the fe�n;nine gender; (b) words in the singulxr shall mean and include the plural and vice versa; and (c) tha word "ma.y" gi�es sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Se�urity Instrument. 18. Transfer of the Properiy or a Benefldal Inter�t in Borrower. As used in this Sectiar► 18, °Interest in the Ptoperiy" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contra,ct for deed, in�tAllmen� sales contract or esaow agrcement, the intmt of which is the transfer of title by Borrower at a firture date to a purchas�. If all or �y part of the Properiy or any Interest in the PropErly is sold or transfezred (or if Boirower is not a natural person and a benaficial interest in Borrower is sold or transfened) without Lender' s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be e�ercised by Lender if such exercise is prolu'bitsd by Applicable Law. If Lender exercises this optian, Lender shall give Bonower notice of a.cceleration. The notice shall provide a peri� of not less than 30 days from the date the notice is given in accordanc� with 5ection 15 within which Borrower must pay all sums se�ured by this Security Instn�ent. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedi� permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration If Bonower me�ts certain conditions, Bonower sha11 have the right to have enforcement of this Security Instrument discontinue�i at anY time prior to the earliest of (a) five days before sale of the Properly pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might sPe�ifY for the t�mination of Borrower' s right to reinstate; or (c) entry of a judgment enforcing this Security Instnmoent Those conditions are that Boa�ower: (a) pays Lender all sums wluch then would be due under this SecuritY Instrument and the Note as if no acceleration had ocxxi�rur'ed; (b) cures any default of any other covenants or agr�ntg� ��) P$Y$ all expenses incuzred in enforcing this Secunty Instruxr►ent, including, but not limit� to, reasonable attorneys' fees, property inspe�tion and valuation fees, �d other f�s incune� for the Pwrpose of prote�ting Lender' s interest in the Properiy and rights under this Se�urity Instrument; and (d) takes such action as Lender may reasonably re�uire to assUre that Lender' s interest in the Property and rights under this S�urity Instnmaent, and Borrower' s obligation to pay the sums secured by this Security Instrument, shall continue unchanged Lender may re�uire t1�at Borrower pay such reinc�±Pm� sums and expenses in one or more of the fallowing forms, as selected by Lender: (a) c�sh; (b) money order, (o) certifial check, bank checl� treasurer' s che�k or cashier' s checl� provided any such check is drawn upon an institution whose deposits are insured by a federal agency, inshumentality or entity; or (d) Electronic Fwids Transfer. Upon reinstatement by Borrower, this Sec�rity Insbniment and obligations secured hereby shall remain fully effective as if no acceleration had occurred However, this right to reinstate shall not apply in the case of acceleration under Section 18. 2200132068 D V6ANE NEERASKA - Singla Family - Fannle Mae/Frsdtlle Mac UNIFORM INSTRUMENT W(T �� " �-6A(Nq �oa�o� Peee�� ot�s ir�d�s: T✓U'�sForm 3028 7/01 0