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201208264
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Last modified
10/10/2012 10:20:08 AM
Creation date
10/4/2012 8:41:53 AM
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201208264
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�0�20��6� <br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. 1'he notice shall provide a <br />period of not less than 30 days from the date the notice is given in accordance with Secrion 15 witbin which <br />Borrower must pay a11 sums secwed by tlus Security Insmiment. If Bonower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on Borrower. <br />19. BoROwer's Right to Retnstate After Acceleratlon. If Bonower meets certain condirions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br />earliest of: (a) five days before sale of the Properiy pursuant to any power of sale contained in this Security <br />Instcvment; (b) such other period as Applicable Law might specify for the ternvnation of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. T'hose condirions aze that Borrower: <br />(a) pays Lender all sums wluch then would be due under this Security Instrument and the Note as if no <br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />properly inspecrion and valuation fees, and other fees incurred for the purpose of protecring Lender's inter�t <br />in the Properiy and rights under this S�urity Instrument; and (d) takes such action as Lender may <br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instnunent, <br />and Borrower's obligation to pay the sums secured by this Security Instrument, sha11 continue unchanged. <br />Lender may require that Bonower pay such reinstatement sums and expenses in one or more of the following <br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or <br />cashier's ch�k, provided any such ch�k is drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br />tlus Security Instrument and obligations secured hereby sha11 remain fully effective as if no acceleration had <br />occurred However, this right to reinstate shall not apply in the case of acceleration under Se,ction 18. <br />20. Sal� of Note; Change of Loan Servlcer, Notice of Grievance. The Note or a partial interest in the <br />Note (together with this Security Instrument) can be sold one or more times without prior norice to <br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic <br />Payments due under the Note and this Security Instrument and performs other mortgage loan servicing <br />obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more <br />changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br />Borrower will be given written notice of the 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 information RESPA requires in <br />connection 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 of the Note, the mortgage loan servicing obligations to Bonower will <br />remain with the Loan Servicer or be transferred to a successor Loan Servicer and aze not assumed by the <br />Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Bonower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant or the member of a class) that arises from the other party's actions pursuant to ttus <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such <br />notice given in compliance with the requirements of Secrion I S) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take correcrive action. If Applicable <br />Law provides a rime period which must elapse before certain action can be taken, that rime period will be <br />dcemed to be reasonable for purposes of this pazagraph. The notice of acceleration and opportunity to cure <br />given to Bonower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to <br />Section 18 shall be deemed to satisfy the notice and dpportunity to take conective acrion provisions of this <br />Section 20. • <br />eeo�zn2o� eeo�z��zo� <br />NEBRASKASingle Femity-Fannie Mee/Freddie Mec UNIFORM INSTRUMENT WITH MERS Farm 3028 1/01 <br />VMP e VMPBA(N (1106 <br />Wolters Kluwer Flnanciel Servieea Pege 3 oi 7 <br />/ •• . <br />
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