201106552 - Laserfiche WebLink

Browse

20�106552 designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice addre�s under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by norice to Borrower. Any notice in connection 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 Applicable Law requirement will satisfy the conesponding requirement under this Security Instnunent. 16. Governing Law; Severability; Rules of Construction. This Se,curity Insmiment 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 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 shall not be construed as a prohibirion 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 aff�t other provisions of this Security Instrument or the Note which can be given effect without the conflicting pmvision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter worcts or words of the femtnine gender; (b) words in the singular sha11 mean and include the plural and vice versa; and (c) the word "�y" gives sole discretion without any obligation to take any acrion. 17. Borrower's Copy. Borrower shal� be given one cogy of the Note and of ttus Security Instrument. 18. Transfer of the Property or a Bensfeci�l tnterest in Borrower. As used in this Section 18, "Interest in the Property" m�s any legal or beneficial interest in the Property, including, but not limited to, those beneficiat intere.sts transfened in a bond for deed, contract for deed, installment sales contract or escrow agreeme�, the intent of which is the transfer of ritle by Bonower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfened (or if Bonower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may regnire immediate payment in full of all sums secured by this Security Instrument. However, this oprion shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this oprion, Lender sha11 give Bonower notice of accelerarion. The notice shall provide a period of not less than 30 days from the da,te the norice is given in accordance with Se,ction 15 within which Borrower must pay a11 sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of this perioct, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Bonower. 19. Borrower'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 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 specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Securiry Instrument. Those conditions aze that Borrower: (a) pays Lender all sums which then would be due under this Security Instnunent and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays a11 expenses incurred in enforcing this 5ecuriry Instrument, including, but not limited to, reasonable attorneys' fees, property inspe,ction and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Financial Services Form 3028 1/01 VMP6(NE) (1105) Page 12 of 17 �L �� �,��