201204189 - Laserfiche WebLink

Browse

2012041�3 If Lei►der e7cercises this option, Lender sball give Barrower notice of acceleration. The nodce shall provide a period of not iess than 30 days from the date the notice is given in accordance with Se�tion 15 within which Borrower must pay all sums secured by this Security lnstrument. If Borrower fails to pay th�se sums pr�or ta the expiration of this penod, Lex►der may invoke any rerr�dies permitted by this Security Instrument without further notice or demand on Bonower. 18. Borrowe�'s I�gh! to Reir�tate After Acceleratlon. If Borrower meets certain conditions, Borrower shall have the ri�bt to have enforcement of this Security Iinstrt�ment discontinued at any tune pnor to the �rliest o� (a} f�ve days before sale of the Propezty pursuant to any power of saie containe�l in this Security Instrument; (b) such otiier period as Applicabla Law might specify for the termination of Borrower's nght to remstate; or (c) entry of a jud�mment enforcing this Security Instnunent. Those conditions are that Borrower: (a) pays Lender all sums which ihen would be due und� tUis Se�urity Tnsuumant and tha Note as if no acceleration had o�nrred; (b) cures any default of any other c�venants or agre,ements; (c) pays all expense.s incurr� in enforcing this Security Inetnunent, uicluding, but not limited W, reasonable attomeys' fees, praperty wspection and vaivakion fees, and other fees incurred for the purpase of protecting Lender's interest m me Property and rigiits under this Security Instrument; and (c� takes such action as Lender may reasonabiy require to assure that Lender's interest in the Property and nghts under this Se,curity lnstrument, and Bonower's obligation to pay the snrns s�ur� by this Security Instrument, shall continue unchanged. Lender may require that B�rrower pay such rewstatement swns and expenses in one or more of the following forms, as sele�te.d 6y Lender: (a) cash; (b) �ney order; (c) certifie,� check, bank che,�k, treasurer' s clieck or cashier's check, providecl any such che.ck ts drawn upon an insdtution whose ciepostts are uisured by a federal agency, uistcvtr�n�lity or entity; or (d) Electromc Fuads Transfer. Upon reinstatement by Borrower, this Security Instrument and obligdhons �cured hereby shall remain fully effecrive as if no accxleaation had occurre�l. However. this right to reinstate shall not apply in tiia r,ase of acxeteration under Section 18. 20. S�le of Note; CNar►ge of taan Servicer; Notice of Grievance The Note or a gartial inten�t m tt►e Note (togetner with this Se�urity Inshvment) c�n be sold one or more times without pnor notice to Barrower. A saie might result in a cbaage ia the entity (known as the "Laan Servicer") that colle�ts Periodic Payments due under the Note an� this Security Instrument and performs other mortgage loan serv�c�ng obligations und� tiie Note, this Security Instrimient, and Applicable Law. There aiso m��ht be one or mnre changes of the I,oan Servic.er unrelat� to a sale of the Note. If there is a change of the Laan Servicer, Borrower will be given written notice of the change which will state the name aad addre�s of the new Loaa Servtcer, the address to wluch paym�ts should be m�te anti any other information RESPA reyuures m connection with a notice of transfer of s�vicing. If the Note is sold and thereafter t6e Loan is serviceti by a Loan Serncer other tqan ti�e purchaser of the Note, the mortgage ioan servicing ohligations to Borrower will remain with the Loan Servicer or be traosferred to a stuxessor Y.oan Servicer and are not asswned by the Note purchaser unless othenvise provided by the Note purchaser. Neither Borrower nor Lender may commence, �oin, ar be joined to any �udicial action (as either an individual litigant or the m�mi�ar of a cla�) that arisas from the othe,r party's actions pursuant to this Se�uity Instrument or that all�es that t3ie ot�ex parly has breached any provision of, or any duty owed by reason of, this Sc�urity Instrurnent, until such Bonower or Lender has notifced the other party (with such notice given in compliance with the requicem�ts of Section 15) of such alleged breach and afforded tt�e other party hereto a reasanable period af�ar tha giving of such notice to tak.e correchve action. If Applicable Law provides a ti� period whicb must elapsa before certain action can be taicen, that time period will be deamed to be r�sonable for purposas of tivs paragraph. The notice of acceleration aad opportunity to cure given to Borrowex pursuant to Section 22 and the notice of acceleration given to Borrowa pursuant to S�tion 2 8 shall be deemed to �tisfy t�e notice and opportunity to taice cose�trve action provisions of this Sedion 20. yyppZggqqp D VBANE NEBAASKA-Single FamAy-Fann�e MaelRredd(e Maa UNIfOHM INSTRUMENT V/ITH MERS Furm 3038 1/01 VMP6AINE! (1106! Wa6tm�s Kluwar Pinancial &ervcea Page 13 of 17 ��