201107038 - Laserfiche WebLink

Browse

�o�io�o�� 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 sp�ified procedure. There may be only one designated notice address under this Security Instivment 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 d�med to have been given to Lender until actually received by Lender. If any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Securiry Insriument shall be governed by federal law and the law of the jurisdicrion in which the Property is located. All rights and obligations contained in this Security Instrument aze subject to any requirements and limitations 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 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 shall not affect other provisions of this Security Instrument or the Note wIuch can be given effect without the confiicting provision. As vsed ig this Security Instrument: (a) words of the masculine gender shall mean and include conesponding neuter �rords or words of the feminine gender; (b) words in the singular shall mean and include the plural � vice ve�sa; anc� (c) the word "may" gives sole discretion without �y obligation to take any action. 17. Bor�war's Cr�py. �rrrswes s�a1t be givea o� copy of tise Note and of tt�is Security Instrument. '��. '�rans�Eer of ttie �perBy or ��neficiat Intere5t 'rn Bor�vuer. As � ia tt�is Secrion 18, "Interest in the Fropea�y" m�s ars�r Iega� o� benefaeiat inte�est i� th� Progerty, ixmEuc�ing, bu6 rn�t Iumted to, those �fcia� i�erests ��rec� ig ��mi for deecfi, c��ract fQr �3, i�l� s�ies ca�ct�t or escrow agreement, the iateret v� �rP�ielt is the traasfer of title by �arrower at a future c�e to a purchaser. If aIt ar aaty part o� t&e Prop�rty or any �terest in the FrQperty is sotc� or trausferred (or if Borrower is not a natural persc��a anc� � benef�ci� interest in Borrower is solct vr tt�s£erred) withnut Lender's prior written co�nt, I�c� �a�r require u�iate paymeut in fuli of alt s�ms secured by this 5�urity Instrument. FFQwevet, � agti� � IIcrt � exercisec� by �nc�er if surla. e�€e� is proh�bited by Applicable L.aw_ If �.enc�er exercises th�is ogtioa, T.eader shall give Borrcrwer aotice of acxeleration. The notice shall provide a period of not less than � c�ays from ttte date the norice is given in accordance witfi Secrion 15 within which Borrower must pay a1I sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expirarion of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 79. Borrower's Right to Reinstate After Acceleration. If Bonower 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 Bonower'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 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 Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred far the purpose of protecting Lender's interest NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O1 VMP � VMP6fNE) (1105) Wolters Kluwer Flnancial Services Page 12 of 17