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201201354
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Last modified
3/7/2012 11:27:09 AM
Creation date
2/22/2012 2:57:25 PM
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DEEDS
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201201354
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201201354 <br /> If Lender exercises[his opfion, Lender shall give Borrower notice of acceleration. 77ic nolice shall provide a <br /> peiiod of not less than 30 days fi�om the date fhe notice is given in accordance with Sec�ion 15 within which <br /> Borrower must pay all sums secured by this 5ecuriry instrumcnt. If Borrower fails to pay these sums prior to <br /> the expiration of this period, Lender may invokc any remedies permitYed by this Security Insh-ument wiChout <br /> furdicr nolice or demand on Borrowcr. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrowcr meets certain condiciuns, Borrowc� <br /> slia(1 have the right to have enforcement of this Security Listrument discontinued at any time prior to the <br /> eu'liest of: (a)fivc days before sale of tlie Property pm�suant to any power of sale contained in this Security <br /> InsCrumeut (6) such ot�her period as Applicablc Lnw migh[epecify for the termination of Borrower's right to <br /> reinstate; or(c)entry of n judgment enforcing this Security Instrumenl. Those conditions are that Borrower: <br /> (a)pays Lcnder nll sums which dien would 6c due under this Security instiument and the Note ax if no <br /> acccleration had occurred; (l�)cures any default of any other covena�its or agreements; (c)pays all expenses <br /> incurred in enforcing this Sccurity (nsl�'umenY, including, but not limited to, reASOnable attorneys' fees, <br /> property inspection and valuation Fees, and otUer fees incuxred for the purpose of protecting Levder's interest <br /> in thc Property and rights under this Secnrity Instrument; and(d)takes sucl�action as Lender may <br /> rcasonably require to assurc that Lender's inrerest in the Properry uid rights under this Security Instrument, <br /> and Borrower's obligation Lo pay the sums secured by tl�is Securiry lnstrumenC, shall continue uncha�igcd. <br /> Le�ider may require that Bon�ower pay sucli reins[ateme�rt swns a�id expenses in one or inore of the followiug <br /> forms, as selected by L,ender. (a) cash; (b)money ordcr; (c) certified cheek, bank check, treasurer's c6eck or <br /> cashier's chee;k, provided any such check is drawn upun an institution whose deposits are insured by a <br /> federal agency, instrumentality or entity; or(d)Electronic Funds Transfer. L7pon reinstatement by I3orrower, <br /> this Sccurity Instrumant and obligatioue secured hea�eby shall remain fully cflecGVe as if no acceleratio�i had <br /> occurred. However, this right to reinstate shall not apply In the ense of acceleration under Section 18_ <br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial iuterest in the <br /> Note(together with t�his Security Inshl�ment)cpn be sold one or inorc finres wit�hout prior nofice to <br /> Borrower. A sale might msull in a change in Che entity (known as the "Loun Servicer")t1�aY collects Periodic <br /> Payments due undcr lhe Note and this Security instrumenl nnd performs other mortgage loan servici�g <br /> oUligations under the Note, thie Secmity Ivsh�ument, and Applicable Law. There alsu might be one or more <br /> changes of the Loan Servicer unrclnted Co a sale of the Note. if there is a change of the Loao Setvicer, <br /> Borrower wi11 be givcn written ilotice of the cha�tge whicli will state the name and address of the ncw Loan <br /> Servicer, thc addrede lo which payments should be made and any other information RESPA requires in <br /> connection witlt a notiee of transfer of sarvicing. If the Note is sold and thereafter the Loan is serviced by a <br /> I.oan Se�vicer other than tlie purchaser of the Note, the mortgagc loan servicing obligations to Borrower will <br /> remaiu with tl�c Loan Servicex or be transfetrcd to a successor Loan Servicer and are not asswned 6y the <br /> Note purchascr unless otherwise providcd by lhe Note purchascr. <br /> Nci[her i3orrower nor Lender mey commence,join, or be joined to any judicial acdon(as ei[her an <br /> individual litigan[or the member of a class)that arises from the other party's actions pursuane to Chis <br /> Security Instrument or that allegcs tllat the other party has breached any provision of, or any dury owed by <br /> rcason o1; this Security instr�ment, unli] such Borrower or Lende��has notified the o[her part}�(with such <br /> notice given in compliance wiUi the requixements of Section 15) of sucli alleged Ureach and affarded the <br /> other parly hereto a reasonable period after lhe giving of such noYice to take correcfive aclion. If Applieable <br /> Law provides a time period which nmst clapse before certain action can be takcu, that time period will be <br /> deemed to be reasonable for purposes of tliis pazagraph. The notice of acceleration uid opportunity to cure <br /> given to Borrower pursuant to $ection 22 and lhe notice of acceleration given to Borrower pursuac�t to <br /> Section I S shall be deemed to satisfy thc notice and opportunity to talce corrcctivc action provisions of this <br /> Section 20. <br /> 880��51929 BB01151929 <br /> NEERASKA-Single Family-Fannie MaelFre4Ule Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1101 <br /> VMP(n� VMP6N�NE)(11�51 <br /> Wolters Kluwer Flnanotal Servlres Fage 19 of 17 <br /> �� V <br />
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