2 0120757�
<br />If Lender exercises this option, Lender sha11 give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 days from the date the notice is given in accordaace with Secrion 15 within which Borrower must pay
<br />all sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expiration of this period,
<br />Lender may invoke any remedies permitted by this Security Instrument without fiuther notice or demand on Borrower.
<br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower sha11 have
<br />the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of (a) five days
<br />before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as
<br />Applicable Law might specify for the terminarion of Bonower's right to reinstate; or (c) entry of a judgment enforcing
<br />this Security Instrument. Those conditions are that Borrower: (a) pays Lender a11 sums which then would be due under
<br />this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or
<br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable
<br />attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's
<br />interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably
<br />require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's
<br />obligarion to pay the sums secwed by this Security Instrument, sha11 continue unchanged. Lender may require that
<br />Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender:
<br />(a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check
<br />is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic
<br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligarions secured hereby sha11 remain
<br />fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of
<br />acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Nottce of Grievance. The Note or a partial interest in the Note
<br />(together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might
<br />result in a change in the entity (lmown as the "Loan Servicer") that collects Periodic Payments due under the Note and
<br />this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security Instrument,
<br />and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If
<br />there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and
<br />address of the new Loan Servicer, the address to which payments should be made and any other inforn�a,tion RESPA
<br />requires in connecrion with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a
<br />Loan Servicer other than the purchaser ofthe Note, the mortgage loan servicing obligations to Borrower will rema.in with
<br />the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless
<br />otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant
<br />or the member of a class) that arises from the other pariy's actions pursuant to this Security Instrument or tha.t alleges that
<br />the other party has brea.ched any provision of, or any duty owed by reason of, this Security Instrument, until such
<br />Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section
<br />15) of such alleged breach and afforded the other pariy hereto a reasonable period after the giving of such notice to take
<br />corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that
<br />time period will be deemed to be reasonable for purposes of this paragraph. The norice of acceleration and opportunity to
<br />cure given to Borrower pursuant to Secrion 22 and the notice of acceleration given to Borrower pursuant to Section 18
<br />shall be deemed to satisfy the notice and opportunity to take conective action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze those substances defined as
<br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline,
<br />kerosene, other flaznmable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials
<br />containing asbestos or formaldehyde, and radioactive matetials; (b) "Environmental Law" means federal laws and laws
<br />of the jurisdicdon where the Property is located that relate to health, safety or environmental protecrion;
<br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in
<br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise
<br />trigger an Environmental Cleanup.
<br />NEBRASKA -Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fortn 3028 1/01
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