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201109089
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Last modified
3/7/2012 11:15:01 AM
Creation date
12/5/2011 12:21:12 PM
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DEEDS
Inst Number
201109089
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201109089 <br /> l6. Governing Law;Severabiliiy; Rules oF Constructioa Thi;Securiry Insmw�ent shall be govemed by federal la�c�and <br /> ihe law of the jurisdiction iu which the Property is tocated.All xights and obiigations contaaned inthis Securiry Tnswment are <br /> subject to any requirements and limitations of Applicable Law.Applicable Lawmight explicitiy or irnpticitly altow the parties to <br /> agree by contract or it might be silent,but such silence shail not be consaued as a prohibirion against agreement by contract. <br /> In the e��ent tl�at any provision or clause oi this Secisity Inshument or the Note conflicts k�itYt?.pplicable Law,such conflict <br /> shall not affect offier pro�isions of trus Securin� I�strumeot or the Note wiuch can be given effec[withouf tl3e contlicung <br /> provision. <br /> As used in this Securan Insaumcnt (a)words of the mascutine gender shall mean and include wrresponding neutcr <br /> W�ords or arords of the feminine gender, (b}words in the singular shall mean and include the ph¢-al and vice vrssa;uid(c)the <br /> word"may"gives sole discretion�trithaut asry obfigation to ta.ke any action. <br /> 17. HorrowePs Copy.Borruwer shall be given o�re copy of Ehe Note and nf this Security Instrumeert. <br /> 18. Transfer oF the RroperLy or a Benefrcial Interost in Borrower.As used inrLis Section 1S,"Interest in the Pro�rry" <br /> means arry legal or beneficial irnerest in the Property,i�cluding, but rnrt]imited to,those beoeficial interests transfearcd in a <br /> bo�d for dced,cunuact for deed, rnstallment sales tonL-act or escrow agreement,the intent of wrach is the iransfer af titJe by <br /> Borrow�cr at a firture datc to a ptachaser. <br /> If all or arry part oP the Property or anv Interest ir.the Property is soId or uansferred(or if P.orrnwer is not a nahual person <br /> and a beneficial interest in Borrocver is sold ot transFezred) wi4aout Lender's prior written consent, Leoder may require <br /> unmediate payment in fuEl of all sums secured by tt�is Securiry Inswment. Hot+�ever,Uus option shall not be exercised hy <br /> Lender if such exerci�e is prohibited hy Applicable Law. <br /> If Levder exercises this option,Lcndcr shall gi��e Borxowex notice ot accelerarion The notice shall prouide a pericd of not <br /> less than 30 days fromthe date the norice is given in accordance �3�ith Section 15 within which Borrower must pay all sums <br /> secvred 6y tLis Security Insrsumene. If Bormwer fails m pxy these suins prior ta the eYpiration of this period,Lender mxy <br /> invoke any remedies permitted hy this Security Instrumcnt vnfhout fuRhcr norice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acce[erativn. tf Borxower meets certain condihons, Bnrrower shal(have the <br /> right to have enforcement of tYsis 6ecurity Insmimcnt discontinucd at airy time prior to the eazliest of:(a)five days before salc <br /> of the Properry piusvant to any power af sale contauaed in this Sccurity Instniment; (b)such other period as Applicable Law <br /> tsught specify for the tenrdnauon of Borrocver's rigUt to reinstate; or{c)en�y of a judgment enforcing trus Security Insmunent. <br /> T'hose condifions are tUat Boreower.(a)pa}�s Lcndcr all sums tvhicl�Uien u�ould t�e due imder this Security Tnstnuncnl and the <br /> Note as if no acceleration had occwzed; (b)cures airy de£auJt of any other covenants or ageements; (c)pays al[expeuses <br /> incurred in enforcing this Secwaty Inslnueent, inclu�ing, but oot limited to,reasonable attorneys' fees,properCy� inspection <br /> and valuation fees,and other Fees in�ur�ed for the pwppase of proiecting Lender's interest in the Properiy and rights under thas <br /> Secority Ins[rumenf; ant� (d)lakes sucl� action es Lender may ieas�,abIy require to assure that Lender's i��terest in the <br /> Froperty and rights under this Sccunty Insirument, and Borrower's obligation to pay the s�ns secured by this Security <br /> Insinmfent, shall continue unchanged Letzder mtt�require that Boncwer pay such reinstateznent sun�s and e�cpenses in one or <br /> more oY flae follo�ing fomu,as se]ected by Leoder:(a)csh;(b)money order;(c}ce%fied check,bank check,treasurers check <br /> or cas}uer's cl�eck,�vided any such check is drawn upon an institution whose deposits aie ins��red by a federal agency, <br /> inshumeixiality ox entity; or(d)Electmnic Pimds Transfer. Upon reinshatement by Bono�c�er,this Securit�� Instmmem and <br /> obligations secured hereby sha11 remain fidly effective as if no acceleration had occuned.Ho�v���er,this rig�t co reinstale shafl <br /> not appip in the case of accelecation undet Section 18. <br /> 20. Sale of Note;Ch�nge of Loan Servicer; liotice of Grievance.The Note or a partial interest in the Note(togefncr with <br /> this Security Tnstrument)can be soid ana or mare times cvithoirt prior nolice to Borro�ver.A sale mig[it result in a change in the <br /> enrity (lrnown as ihe"Loan Servieer"}that collects Periodic Paynaents due under the Note and this Security Insmunent and <br /> perforzns other mc�rigage loan senicing oblagatiaiu under the Note,this Securi[y Instzument,3nd Applicable Lativ.There also <br /> might be one or atare changes of the Loan Sen�cer unrelated to a sale of the Note. If there is a change of t�e Loan Servicer, <br /> Borrower will be giaen written uotice of the change iuhich will state the name and address of the new Loan Servicer,the <br /> address to which payments should be made a�d anp olher informalion RESPA requires in connection witl��t not'tce of tiansfer <br /> of servicing_ If the Vote is sold arxl themafler the Loan is sezviced b} a Loan Servicer other than the purchasar of ihe Note, <br /> the mortgage loan servicing ohligations to Borrower rvill remain with thc Loan Sen�icei rn'be transferced to a successor Loan <br /> Sccviccr and are not assumed by the Note purchaser unless orhen�rise proNdeA by the Note purchaser. <br /> NE9RASKA -Single Farni(y-Fannie Ma¢IFreddia Mac UNIFORM INSTRUMHNT <br /> ���(NE) (���� a���o�ra mmais:.,':'�Y.,°-f5�� Form 8U28 V01 <br /> Dns-t�9 I I�I����1�l�ll lf II�I�I��II II)I I��II�I�11f���I���II�(� <br /> OODONE9724986 <br />
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