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201109869
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Last modified
3/7/2012 11:20:22 AM
Creation date
12/29/2011 2:49:30 PM
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DEEDS
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201109869
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201109869 <br /> If Lender exercises this option,Lender shall give Borrower notice of acceleration.The notice shall provide <br /> a period of not less than 30 days from the date the notice is given in accordance with 5ection 15 within <br /> which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these <br /> sums prior to the expiration of this period,Lender may invoke any remedies permitted by this Security <br /> Instrument without further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br /> prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained <br /> in this Security Instrument; (b)such other period as Applicable Law might specify for the termination <br /> of Borrower's right to reinstate; or(c)entry of a judgment enforcing this Security Instrument. Those <br /> conditions are that Borrower: (a)pays Lender all sums which then would be due under this Security <br /> Instrument and the Note as if no acceleration had occurred;(b)cures any default of any other covenants <br /> or agreements;(c)pays all expenses incurred in enforcing this Security Instrument,including,but not <br /> limited to,reasonable attorneys'fees,properly inspection and valuation fees, and other fees incurred for <br /> the purpose of protecting Lender's interest in the Properiy and rights under this 5ecurity Instrument;and <br /> (d)takes such action as Lender may reasonably require to assure that Lender's interest in the Property <br /> and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this <br /> Security Instrument,shall continue unchanged.Lender may require that Borrower pay such reinstatement <br /> sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b)money <br /> order; (c) certified check,bank check,treasurer's check or cashier's check,provided any such check is <br /> drawn upon an institution whose deposits are insured by a federal agency,instrumentality or entity; or <br /> (d)Electronic Funds Transfer.Upon reinstatement by Borrower,this Security Instrument and obligations <br /> secured hereby shall remain fully effective as if no acceleration had occurred.However,this right to <br /> reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest <br /> in the Note(together with this Security Instrument) can be sold one or more times without prior notice <br /> to Borrower. A sale might result in a change in the entity(known as the "Loan Servicer")that collects <br /> Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br /> servicing obligations under the Note,this Security Instrument,and Applicable Law.There also might be <br /> one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan <br /> Servicer, Borrower will be given written notice of the change which will state the name and address of <br /> the new Loan Servicer,the address to which payments should be made and any other information RESPA <br /> requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan <br /> is serviced by a Loan Servicer other than the purchaser of the Note,the mortgage loan servicing obligations <br /> to Borrower will remain with the Loan Servicer or be transferred to a successor Laan Servicer and are <br /> not assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence,join, or be joined to any judicial action(as either an <br /> individual litigant or the member of a class)that arises from the other pariy's actions pursuant to this <br /> Security Instrument or that alleges that the other party has breached any provision of, or any duty owed <br /> by reason of,this Security Instrument,until such Borrower or Lender has notified the other party(with <br /> such notice given in compliance with the requirements of Section 15)of such alleged breach and afforded <br /> the other party hereto a reasonable period after the giving of such notice to take conective action. If <br /> HCFG-00359 <br /> NEBRASKA-Single FamilyFannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMP� OS/11 <br /> WoRers KluwerFinancial Services 201112144.0.0.0.4002-J20110824Y Page 13 of 16 <br /> ' 1 73 1 17' <br />
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