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201206855
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201206855
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Last modified
7/20/2017 9:47:22 AM
Creation date
8/20/2012 11:12:20 AM
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DEEDS
Inst Number
201206855
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201206855 <br /> If Lender exercises this option, Lender shall give 13orrower notice of acceleration. The notice shall provide a <br /> period of noY less than 30 days from the date [he notice is given in aecorda�ce with Section 15 within which <br /> Borrower must pay all sums secured 6y this SecuriYy Instrumeot If Borrower fails to pay these sums prior to <br /> the expiration of this period, Lender may invoke any remedies permitYed by this Security Instrunient without <br /> fur[her notice or demand on I3m�rower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditio�s, Borrower <br /> shall have the right to have enforcement of this Security Instrumenf discoo[i�ued at any time prior to Cl�e <br /> earliest of: (a)Five days before sale of the Property }�ursuant to any power of sale contained in this Securiry <br /> Instrument; (b)such other period as Applicable Law might specify for the termination of Bon�ower's right to <br /> reinstate; or(e) e�d�y of ajudgment enforeing this Sccurity insh�ument. 'fhose conditions are Yhat Borrowe�•: <br /> (a) pays Lender all sums which theo would be due u�der this Securiry Instrument and the NoCe as if no <br /> acceleration had occurred; (b) cures any default of any other eovenants or agreements, (c) pays all expeuses <br /> incurred in enforcing this Securiry l�strument, including, but not limitcd to, reasonable attorneys' fees, <br /> property inspection and valuaYion fees, and other fees incurred for the purpose of proteeting Lender's interest <br /> in the Proputy and rights under tl�is Security Instrument; and (d) takes such action as Iender may <br /> rcasonably require to assure that Lender's intcrest in the Property and rights under Yhis Seeurity Instrument, <br /> and Borrower's o6ligation to pay the sums s�ecured by this Security lnsfrumcnt, shall ca�tinue uncl�anged. <br /> Lender may require that Borrower pay such rcinstateinenC sums and expenscs in one or mm'e oF the following <br /> forms, as selected by Lender: (a) eash; (b)money order; (c)cerfified check, bank check, treasurer's cheek ox <br /> cashier's clieck, provided any such check is drnwo upon an insdtutio� whose dcposits are insured by a <br /> federal agency, i�strumentality or entity; or(d)Electronic Funds'I7ansfer. Upon reinstatement by Borrowex, <br /> this Securi[y Instrmnent and obligations secured hereby shall remain fully effective as if no aceelexation had <br /> occm�recl. However, this right to reinstatc shall noY apply in the case of acceleraYion wider Seetion 18. <br /> 2D. Sale of Note; Change of Loan Servicer; Notice of Grievance. Thc Note or a partial interest in thc <br /> Note(toge[her with this Securiry Instxument) can be sold one or more Yimes wiYhout prior no[ice tu <br /> Borrower. A sale might result in a ehange in the enCity(known as the °Loan Se�vicer")that colleets Periodic <br /> Paymeuts due under the Note and Lhis Security InsYrument and performs other mortgage loan servicing <br /> obligatim�s under the Note, tliis Security Instrument, and Applieable Law. There also might be one or morc <br /> changes of the Loan Se�vicer uurelated to a sale of Yhe Note. If there is a change oF Clie Loa�� Servicer, <br /> Borrower will be given wriEten notice oF thc 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 infonnarion RESPA requires in <br /> cow�ection with a norice of transfer of servicing. If the Note is sold and thereafter [he Loan is serviced by a <br /> Loan Servicer other than the purchascr of the Note, Che mortgage loan servicing obligatiuns to Borrower wil] <br /> remaio with the Loan Servieer or bc transferred to a suceessor Loan Servicer and are not assumed by the <br /> Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Bm�rower nm�Lec�der may commenee,join, a� be joincd to anyjudieial actio�(as either an <br /> i�dividual IiCigant or [he member of a elass) that ariscs from the other party's acfione pw�suant to Yhis <br /> Security Ins[rument or thaC alleges that the othcr party has breachecl any provision of, or any dury owed by <br /> reason of, this Security lnstrume��Y, until sueh Borrower or Lender has notified the other party (with such <br /> notice given in compliance witl� the requircments of Section 15) of such alleged breaeh aud afforded the <br /> other party hereto a reasonable period after the giving of such notice to fake correetive action_ If Applicable <br /> Law provides a time period which must elapse before certain action can be taken, that time period will be <br /> deemecl to be reasonable for purposes of this paragraph. The notice of acceleration and oppa�tunity to curc <br /> given to Borrower pwsuant to Section 22 and the notice of acceleiaYion given [o Borrower pursuant to <br /> Section 18 shall be deemed to satisfy fhe notice and oppor[unity to take correetive action provisions of this <br /> Section 20. <br /> 88012954]8 88012]54]0 <br /> NEBRASKA-Single Famlly-Fannle M ae/Fr W tlie M ec UN IFO(IIA INSTRUM GNT W ITH M ERS Form 302�1/01 <br /> VM P O^ VM PitA(Nc7(1105) <br /> WOIfErsKluwer Financial Services Page 13 of 1] <br />
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