201108849 - Laserfiche WebLink

Browse

' ' 201108849 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 Bonower shall only report a change of address through that specified procedure. There rnay 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 satisfy the conesponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Properiy is located. All rights and obligations contained 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 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 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 conesponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plural and vice versa; and(c)the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Bonower 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 Property" means any legal or beneficial interest in the Property, including, but not limited to, those ben�ficial 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 Bonower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transfened(or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transfened) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instnunent. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lenc�er exercises this option, Lender shall give Borrower notice of acceleration. The notice sha11 provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Bor�ower must pay a11 sums secured by this 5ecurity Instnunent. If Borrower fails to pay these sums prior to the e:xpiration of this period, Lender may invoke any remedies permitted by this Security Instnunent without furt�ner notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Bonower sha11 have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlIlest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Insts�ument; (b)such other period as Applicable Law might specify for the ternunation of Bonower's right to reinstate; or(c)entry of a judgment enforcing this Security Instrument. Those conditions aze that Bonower: (a)pays Lender all sums which then would be due under this Security Instrument and the Note as if no acce�leration had occurred; (b)cures any default of any other covenants or agreements; (c)pays all 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-S�ngle Family-Fanrne Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP� VMP61NE)(1105).00 Wolters Kluwer Financial Services Page 12 of 17