201107768 - Laserfiche WebLink

Browse

24i�07768 designated a substitute notice address by notice to Lender. Borrower sha11 promptly notify Lender of Borrower'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 L,ender has designated another address by notice 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 Instrument. 16. Governing Law; Severability; Rules of Construction. This 5ecurity Insmiment shall be govemed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this S�urity Instrument are 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 S�urity Instrument or the Note conflicts with Applicable Law, such conIIict shall not affect other pmvisions of this Security 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 sha11 mean and include corresponding neuter words or �vords of the feminine gender; (b) words in the singular shall mean and include the plurai and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any acrion. 17. Barrower's Capy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a BeneficFal Interest in Borrower. As used in this Secrion 18, "Interest in the Property" me�,s any legal or beneficial inter�t in the Property, including, but not limited to, those beneficial interests transferted in a bond for deed, contract for deed, instatlment sales contract or escrow agreement, the intent of which is the transfer of ritle by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Properly is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Bonower is sold or transfened) without I,ender'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 oprion, Lencter shall give Bonower notice of acceleration. 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 Bonower must pay all sums secured 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 Insmiment without further norice ar demand on Bonower. 79. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower 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 are that Borrower: (a) pays Lender all sums which then would be due under this Security Insmtment 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 for the purpose of protecting Lender's interest NEBRASKA-3ingle Famtly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP Q VMP 98E�)21 f0 �) Wolters Kluwer Financial Servtces tr , � ` w. ..