Laserfiche WebLink
201200640 <br /> if Lender exercises this option,Lender shall give Borrower notice of acceleration. The notice shall provide a <br /> period of not less thau 30 days from the date the notice is given in accordance with Section 15 wiChin which <br /> Borrower must pay all sLUns secured by this Security Instnunent.Tf Borrower fails to pay these sums prior to <br /> the expiration of this period,Lender may invoke any remedies permitted by this Security Instrument without <br /> further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrotiver meets certain conditions,Borrower <br /> shall have the right to have enforcement of this Security Instrusnent discontinued at any time prior to the <br /> earliest of:(a)five days before sale of the Property pursuant to any power of sale contained iu tl�is Security <br /> Insnwnent(b)such other period as Applicable Law might specify foi the Yermination of Borrower's right to <br /> reinstate;or(c)entry of a judgment enforcing this Security Instrument.Those conditions are that Borrower: <br /> (a)pays Lender all sums which then would be due under this Security Insmiment and the Note as if no <br /> acceleration had occurred;(b)cures atry default of a�ry otl�er covenants or a�reements;(c)pays all expenses <br /> incurred in enforcing this Security Inshument,including,but not limited to,reasonable attorneys' fees, <br /> property inspection and valuatiou fees,aud other fees incurred for the purpose of protecting Lendei s interest <br /> in the Property and rights undcr this Security Instrument;and(d)takes such action as Lender may <br /> reasonably require to assure that Lender's interest in the Property and rights under fliis Security Htstrument, <br /> and Borrower's obligation to pay the sums secured by this Securiry Instrumene,shall continue unchanged. <br /> Lender may require that Borrower pay such reinstatement suxns and expenses in one or more of the follo�c7ng <br /> forms,as selected by Lender:(a)cash;(b)money order;(c)certified chcck,bank eheck,treasurer's check or <br /> cashier's check,provided any such check is drawn upon an institution whose deposits aze insured by a <br /> federal agency,instrumentality or entiry;ar(d)Electronic Funds Transfer.L'pon reinstatement by Borrower, <br /> this Secwity Instrument and obligations secured hereby shall remain fully effective as if no acceleration had <br /> occurred.However,this right to 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 in the <br /> Note(together with this Security Instrument)can be sold one or more times without prior norice to <br /> Sorrower.A sale might result in a change in the entity(known as the"Loan Servicer")that collects Periodic <br /> Payments due under the Note and this Security Instnunent and performs otlier inortgage loan servicing <br /> obligations under the Note,this Security Instnunent,and Applicablc Law.There also might be one or more <br /> changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Serc�cer, <br /> Borrower will be given written votice of the change which will state the name and address of the new Loan <br /> Servicer,the address to which payments should be made and any other information RESPA requires in <br /> connection with a notice of transfer of servicing.If the Note is sold and thereafter die Loan is serviced by a <br /> Loan Servicer other than the purchaser of the Note,the mortgage loan servicing obligations to Borrower will <br /> remaiu with the Loan Servicer or be nausferred to a successor Loan Servicer and are not assumed by the <br /> Note purchaser unless otherwise provided by the NoCe purchaser. <br /> Neither Barrowcr 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 by <br /> reason ot;this Security Instrument,until such Borrower ar Lender has notified the other party(with such <br /> notice given in compliance with the requirements of Section I�)of such alleged breach and afforded the <br /> other parry hereto a reasonable period after the giving of such notice to take corrective action. If Applicable <br /> Law provides a time period which must elapse before certain action can be taken,that time period will be <br /> deemed to be reasonable for purposes of this pazagraph. The notice of acceleration and opportunity to cure <br /> given to Borrower pursuanl to Section 22 and the notice of acceleradon given to Borrower pursuant to <br /> Section]8 shall be deemed to sadsfy the notice and opportunity to take corrective action provisions of this <br /> Section 20. <br /> 88G1128567 SSD1728567 <br /> NEBRASKA-Single Fam�ily-Fann�:e Mae/Fretldie hlac 11NIFORM INSTRUMENT 4VITH MERS Farm 3028 ti01 <br /> VMP�x`, VMP6A�NE1(1105) <br /> Wolters Kluwe�Financia'�.Services Page 13 of 1� <br />