201106893 - Laserfiche WebLink

Browse

2o��os�9v designated a substitute notice address by notice to Lender. Borrdwer sha11 promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bonower shall only report a change of address through that specified procedure. 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 mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Bonower. 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 sa.tisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument sha11 be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations �ontained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly a11ow 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 af this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this 5e,curity Instrument or the Note which can be given effect without the contlicring provision. As t:sed in this Security Instrument: (a) words of the masculine gender sha11 mean and include conesponding neuter wards or wo�cis of the f�ir��ne genci.er, (b) words in the singular shall mean and include the plural an� vice versa; and (ej t�►e vvord "may" gives sole discretion without any obligation ta take any action. T 7. Bc>rrower's Copy. Horr�v�r s� be given one cogy of tke Nate ar�d of this Security Instrument. 'E8. 'FransEer o$ t�ste 6�perty csr a f�eree�'rcial Ent�est in Bc►rroarer. tLs used in this Section 18, "Interest in. the Froperty" � a� �egafl o� �e�� i�zterest ia the �rty, includi�xg S�ut not Iimited to, those bene��l iztLeae.sEs �sFeare� im ��n� £Qr cb�, irontrac� for deed, instalimeIIt sales contract or escrow agreement, the inte.� c�� rhic.�rr is the traBSfer of title by Borrower at a future c�ate to a purchaser. if a11 or any part Qf the Pmperty or any Iuterest in tiie Properly is sold or transferred (or if Bonower is not a natural person an� a t�neficiat interest in Borrower is sol� or transferred) without Lender's prior written consent, Lender �y r��ire i�mec�i�e payment in fiilI of atl sums secured by this Security Instrument. Howeves, this optio� s�atl �t be e�cercised by Y.ender if such exercise is pm�,ibited by AppIicable Law. If Lender exercises this ogrion, Lenc�er sha11 give Borrow�er notice of acceleration. The norice shall provide a periad of not less than 3Q c�a,ys from the date the notice is given in accordance with Section 15 within which Barrower must pay all sums secured by this Security Instnunent. If Borrower fails to pay these sums prior to the expiration of this periocl, Lender may invoke any remedies permitted by this Securiry Insm�ment 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 Iaw might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Securiry Instrument. Those conditions are that Bonower: (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 of any other covenants or agreements; (c) pays a11 expenses incurted in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP � VMP6WE) (1105) Wolters Kluwer Financial Services Page 12 of 17