201108948 - Laserfiche WebLink

Browse

201108948 There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall he given by delivering it or by mailing it by first class mail to Lender' s addre.ss stated herein unless Lender has designated another address by notice to Borrower. Any notica in connection with this Se�urity insbrument shall not be deeme� to have been given to Lendet unhl actually re,ceived by Lender. If any notice required by this Security Instrument is also require� under Applicable Law, the Applicable Law renuirement will satisfy the corresponding r�uirement under this Security Instrmnent. 16. Goverming Law; Severab3lity; Rnles of Constractlon. This Security Instr�ment shall be governed by federal law and the law of the jurisdiction in wluch the Property is loc�ted. All rights and obligations contained in this Se�urity 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 pro�u'bition 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 wluch 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 fern;n;ne gender; (b) words in the singiilar sha11 mean and include the plural and vice versa; and (c) the word "ma.y" gives sole diseretion without any obligation to take any action. 17. Borrower's Copy. Bonower shall be given one copy of the Note and of ttus Security Instrument 18. Transfer of the Property or a Beneflcial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Properiy, including, but not limitefl to, those beneficial interests transferred in a bond for deed, contract for dee�l, 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 Properiy is sold or transferrad (or if Borrower is not a natural person and a beneficial interest in Bonower is sold or transfenecn without Lender' s prior written consent, Lender may require immeciiate payment in full of all sums s�ured by tUis Security Inshvment. However, this option shall not be exercise,d by Lender if such eatercise is prolubited by Applic�ble Law. � If Lender exercises this option, Lender sha11 give Borrower 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 wluch Borrower must pay all sums secured by tlus Security Instramen� If Borrower fails to PaY these sums prior to the expiration of this periad, Lender may invoke any reme�ies permitted by this Security Instcvment without further notice or demand on Borrower. 19. Borrower's Right to Re�instate After Acceleraf3on. If Borrower meets certain conditions, Borrower s�all have the right to have enforcement of this �ity Instrument discontinued at any time prior to the e,arliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other periad as Applicable Law might sp�;ify for the termination of Borrower's right to reinstate; or (c) entry of a judginent enforcing this Security Insttvment Thosa conditions are that Borrower: (a) pays Lender all sums which then would be due under this Se�urity Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Se�urity Instcument, including, but not limited to, reasonable attorneys' fees, property inspecrion and valuation fees, and other f�s incurred for the purpose of prote�ting Lender' s interest in the Properiy and rights under tlus Security Instrument; and (d) takes such action as Lender may reasonably re�uire to assure that Lender' s interest in the Property and rights under this Security Inslrument, and Borrower' s obligation to pay the sums secured by this Security instrument, shall continue unchangeri. Lender may re�uire that Boaower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank cher� treasurer' s check or cashier' s chec k, provided any such cheok is drawn upon an institution whose deposits are insurad by a federal agency, inslrumentality or entity; or (d) Elecironic Funds Transfer. Upon reinstatement by Borrower, tlus Security Instrument and obligations se�ure� hereby shall remain fully effe�tive as if no acceleration had occurrefl. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 2200196725 D V6ANE NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMFM WIT�� �-6A(Nq (oe�ol Pege 11 of 15 Inwa�s: Form 3028 1/01 0