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201207881
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Last modified
10/10/2012 10:19:12 AM
Creation date
9/24/2012 8:18:29 AM
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DEEDS
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201207881
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�o��o��s� <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter <br />words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice vetsa; and <br />(c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower sha11 be given one copy of the 1Vote attd of this Security Instrument. <br />18. Transfer of the Property or a Benefic�al Interest in Borrower. As used in this Section 18, "Interest in the <br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests <br />transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of wluch is the <br />transfer of title by Borrower at a fuhue da.te to a purchaser. <br />If all or any part of the Property or any Interest in the Propert}� is sold or transferred (or if Borrower is not a natural <br />person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may <br />require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be <br />exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender sha11 give Bonower 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 Bonower must pay <br />all sums secured by this Security Instrument. If Bonower fails to pay these sums prior to the expirarion of this period, <br />Lender may invoke any remedies permitted by ttus Security Instrument without further 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 ternrination of Borrower's right to reinstate; or (c) entry of a judgment enforcing <br />tkus 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 incurced 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 Properiy and rights under this Security Instrument, and Borrower's <br />obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that <br />Bonower 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 aze insured by a federal agency, instrumentality or entity; or (d) Electronic <br />Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall 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; Notice of Grievance. The Note or a partial interest in the Note <br />(together with this Security Inskrument) can be sold one or more times without prior norice to Borrower. A sale might <br />result in a change in the entity (lrnown 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 Loaa Servicer unrelated to a sale of the Note. If <br />there is a change of the Loan Servicer, Borrower will be given written norice of the chaage which will state the name and <br />address of the new Loan Servicer, the address to which payments should be made and any other information 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 remain with <br />the Loan Servicer or be transferred to a successor Loan Servicer and aze not assumed by the Note purchaser unless <br />othervvise provided by the Note pwchaser. <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 that a.11eges that <br />the other party has breached any provision of, or any duty owed by reason of, this Security Insirument, until such <br />Bonower or Lender has norified the other party (with such notice given in compliance with the requirements of Section <br />15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take <br />NEBRASKA Single Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />Page 10 of 12 < <br />ios, ir,c. Borrower(s) Initlal��— J G <br />
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