201107842 - Laserfiche WebLink

Browse

201107842 designitoci a snbstitnta noYice nddress by notice to Lender. Borrower shall promptly noCify I,ender ol' Boirower's oh�nge of address. IF Lender speoifio� a procedure For reporCing RorrowaP'e chuige of address, fl�cn T�orrower shall orily reporL a change of addreas Cinough tliat specified proccdure. There may be only one designatcd +�otica addresa uuder 6his Secm iCy Inatrmnei�t at any ona time. Auy notioo to Lender ehall be given by delivering it or by mailing iC by first class�nail to I,endor's adcL'ess etnted herein unlese Lendcr has designated anothar address by noCice to Bon�owcr. Ang notioe in coimcction with this Secnrity Instrumcnt shall not be deemed to have been given to Letidcr uutil actually receivod by Lender. If any noYice required by this Security Instn�ment is also requiied uncler Applroable Law, the Applicable l,aw requireinent will satisfy tho cttn•eeponciing requirement ur�der fUis Security Ii�stnimenC. 16. C�overninc� Law; Seuerability; Rules of Consfruction. This SecuriryTnstrLUnent ahall be govcrncd Uy fcdcral 1aw atid the law of thaf urindiction in which the Properiy is located. All rights and obligations contained in fhis Security Inskument nre sulijeet to any requirements and liinitations oP Applicable Law. Applicable Law might oxplicifly or iinplicitly allow the parties Yo ftgree by contracf or it mighC bc silcnf, but such silence shall not be construcd�s a prohibition ngainrt�greemant by oonlract. Tn the event that any provisicm dr elattse of this SeeuriCy Iustrwuent or the Note oont7rcts wiCh Applicable Law, such eonPlict shall not�ffect otl�e��provisions of tl�ia Seourity fnst'rninenY or the NoCe which cau be given ePFcct witlTOUt the conflicting provision. As used in d�is Securidy Insu•umenG (a)words of 17�e masculine gei�der s1�a11 me�n nnd includc coi��esponding� n�uter words or word5 of the f'eminine gender; (b) words in tiha singalar shall mean and inclnde Che phu a] and vice versa; and (o) Che word "may„ gives sole discretion without any obligaCion to talce�aiy action. 17. BoYYOwer's COpy. Borrowor dl�all be giveu one oopy of tl�e NoCe aud of tfais Security InsCrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in tl�is Seclion 18, "Interest in the Property" mcans any]a�l or benefioinl intorest in the Property, vicluding, but not limited to, tl�osc Ueneflcinl interesCs eran�fcrred in a Uond for deed, conlract for dead, inaCallmeut�aies conlracC or escrow agreemenC, the intent of which is the t��za�sfer oP title by Borrower at�a fitture date to�a pnrchaser. If all or nuy part oP the Pro�orry or any InYereat in the Property is sold or txAnsferrod (or if Rorrower ie not n nat�iral person and a benefioinl inLerost in I3orrowar ia sold or transfe��red) wiYliottt Lender's prior«�itten oousenC, Lcnder may require immediate p�ymcnt iu full oF ail sums secnred Uy this Security Insh-ument. fIowever, this option sl�all not iie exerciseci by Lender if guch exarcise is prohibited Uy Applicable Law. If Lender exercisos dlie option, Lender shatll give Borrowcr notioe of Ac�eleraCion. The notice sliall provide a period o�F not less than 30 days fr�>m the dafa the�notice is given in accordanca with SeoLioii 15 withu�which Borrower must pay a115mns eecured by Lhis 9ecurily Inetirument. If 13orrower fails to pay these sumF prior to the expirnCion of this period, Lender may invoke any rcmedies pertnitCed by fhis Scctirity Instrumeut witl�out fw�ther notice or demand on Borrower. 19. BorYOweY's Right to Reinstate After ACCelePafion. IC Borrower meeYs cer[ain conditions, Borrower ehall have the right to have enforccment of'Uiis S€curity InsCrnmeuf.disconGintted flt nny lin�e�prior to the earlicst of: (a)five dnys bePore sale of Che ProperCy pursuant to any po�vor of sale contained in Chis Secqrity InstramenC; (b)snch other period as Applicable Law inight epecify for the tenniiiatiou of Borrower's riglit to reuistaYe; or(c) enhry of a judgincnt enforcing tl�is Security Inelrumeut. Those condiCiovs aro that Rorrower: (a)pays I,ender all stuns which [hen wpuld be due uuder fliis SecuriLy lnstr�nnent aud ttze Note ns if no aooelernCion had ocoLirred; (U) eures atry defnulC of any other coveunnts or agreemcnts; (o) pays a11 expeusea uicurrod in enforcing Chis Sccurity H�strument, inclnding, b�it not limited to, rensonable atitorneys' �Fees, property inspect4on and vnhiflCion Pees, and other fees viourred for Uio purpose of proteoting Lender's inkn�aHt zatiso NE6f1A5KA-SinBlo FSmily-Fannie Mae7Freddie P4 ac UNIFORM INST2VM[NT Ponn 3028 1101 VMP ry VMP5(NF.1(110G) WoHe[s Kluwer Flnencial Services Page 12 of 77