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ti0120�25� <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The norice shall provide a period <br />of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay <br />all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, <br />Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certa.in conditions, Borrower sha11 have <br />the right to have enforcement of this Security Instrument discontinued at any rime 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 temunation of Borrower'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 expettses incurred in enforcing this Security Instrument, including, but not limited to, reasonable <br />attomeys' 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 acrion 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 />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 institurion 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, ttus right to reinstate shall not apply in the case of <br />accelerarion 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 Instrument) caa 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 Inshument and performs other mortgage loan servicing obligaiions 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 norice of the change which will state the name and <br />address of the new Loan Servicer, the address to which payments should be ma.de and any other informarion RESPA <br />requires in connection with a norice 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 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 litigaat <br />or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that <br />the other pariy has breached 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 party hereto a reasonable period after the giving of such norice to take <br />conective 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 notice of acceleration and opportunity to <br />cure given to Borrower pursuant to Section 22 and the notice of accelerarion �ven to Borrower pursuant to Section 18 <br />sha11 be deemed to sarisfy the norice and opportunity to take corrective action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as <br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, <br />kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials <br />containing asbestos or formaldehyde, and radioacrive materials; (b) "Environmental Law" means federallaws and laws <br />of the jurisdiction where the Properiy is located that relate to health, �fety or environmental protection; <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 othervvise <br />trigger an Environmental Cleanup. <br />NEBRASKA -Single Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 1/01 <br />Page 10 of 12 <br />ias, inc. Borrower(s) Initlals <br />