201107034 - Laserfiche WebLink

Browse

� designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower'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 address under this Security Insizument at any one time. Any notice to I.ender shall be given by delivering it or by ma.iling it by first class ma.il to Lender's address stated herein unless Lender ha.s designated another address by notice to Borrower. Any notice in cannection 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 corresponding requirement under this Security Instrument. 16. Governing Law; Severebility; Rules of Construction. This Security Instrument shall hE governed by federal2aw aud the law of the jurisdiction in which the Progerty is located. All rights and obligations contained in this 5ecurity Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contiact or it might be silent, but such silence shall not be construed as a prohibition against agreement by contaact. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable L,aw, such conflict shall not affect other provisions of this Securiry Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singulaz sha11 mean and include the plural and vice versa; and (c) fhe word "ma.y" gives 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 Security Instrument, 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Properiy" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future da.te to a purchaser. If all or any part of the Property or any Interest in the Properiy 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 fu11 of all sums secured by this Security Instrument. However, fhis op�ion shall not be exercised by Lender if such exercise is prohibited by Applicable I.aw. If Lender exercises this opdon, Lender shall give Borrower notice of accelera.�ion. The notice 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 a11 sums secuzed by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without fi:rther notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleretion. If Borrowez meets certa.in 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 Bortower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and fhe Note as if no acceleration had occurred; (b} cures any default of any other covenants or agreements; (c) pays all exgenses incurred in enforcing this Securiry Instrument, including, but not limited to, reasonable aitorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Farmie Mae/Freddia Mac'UNIFOqM INSTRUMENT VMP � Woltars Kluwer Financfal Sarvicas Farm 3028 1/01 VMP6WE) 11106).00 Page 12 of 17