201104997 - Laserfiche WebLink

Browse

201�04997 There tnay be only one d�signated notice address under this Security Instrument at any one time. Any norice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stat� herein unless Lender has designated another address by notice to Bonower. Any notice in conn�rion with this Se,curity 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 requir� under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Se�urity Instrument. 16. Governing Law; Severability; Rules of Construction This S�urity Instrument shall be governed by fe,cieral law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subje�t to any requirements and limitarions of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence sha11 not 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 sha11 not affect other provisions of this Security Instrument or the Note which can he given eff�t without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include cortesponding 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. 17. Borrower's Copy. Borrower sha11 be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Bonower. As used in this Section 18, "Interest in the Property" means any legal or beneficial inter�st in the Property, including, but not limit� to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agrcement, the intent of wluch is the transfer of title by Bonower at a future date to a purchaser. If a11 or any part of the Properly or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) 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 exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The norice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums se�ured by this Security Instrument. If Borrower fails to pay these surns prior to the expiration of this periad, Lender may invoke any remedies permitted by this Se�urity Instrument without fiu�ther notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower me�ts certain conditions, Borrower shall have the right to have enforcement of this S�urity Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might spe�ify for the termination of Bonower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a) pays Lender all sums wluch then would be due under this Security Instrument and the Note as if no acceleration had occurr�; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fces, property insp�tion and valuarion fces, and other fces incurred for the purpose of protecting 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 Secu.rity Instrument, and Bonower' s obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as sel�ted by Lender: (a) cash; (b) money order; (c) certifi� ch�k, bank check, treasurer' s che�k or cashier' s check, provided any such ch�k is drawn upon an institution whose deposits aze insured by a federal agency, instrumentality or entity; or (d) El�tronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligarions secure.cl hereby shall remain fully effective as if no acceleration had occurred. I3owever, this right to reinstate shall not apply in the case of acceleration under S�tion 18. 11-05-000157 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH M �� JJJ ERS �-6A(NE)(os�o) Pa�e�� or�e INtials: � Form 3028 1101 e