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201209395
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Last modified
8/19/2014 2:21:07 PM
Creation date
11/8/2012 8:23:07 AM
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DEEDS
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201209395
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20�209395 <br />If Lender exercise,v this option, Lender shall giva Borrower notice of a�xeleration. Tha notica ahall provide a <br />periad of not less than 30 days from the date the notica is given in accordance with Section 15 wityin which <br />Borrower must pay all sums se,cured by tlus Security Instivment. If Borrower fails to pay these aums prior to <br />the expiration of this periad, Lender may invoke any remeciies pannitted by this Security lnstrument without <br />fiirther notice or demand on Bonower. <br />19. Bflrrower's Right to Relnstate After Acceleratlon. If Bonower meets ca�rtain conditions, Borrowe� <br />s3aall have the right to have enforce�nt of tlus Security Inslrument discontinued at any time prior to the <br />eazliest of (a) fiva days before sale of th� Property pursuant to any power of sale contained in this Security <br />Itisrtv�ent; (b) such other period as Applicable Law might specify for the t�mination of Borrower' s right ta <br />reinstate; or (c) antry of a judgment enfo�cing this Security Instrument Those conditions are that Bonower: <br />(a) pays Lender all sums which then wou'ld be due under ttris Security Insl�ment aad the Note as if no <br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (o) PaYg all expenses <br />itacurred in enforcing tlus Security inetn,tn�+�, including, but not limited to, reasonable attomeys' fees, <br />property inspection and valuation fees, amd other fe� incurred far the puipose of protecting Lender' a inter�t <br />in the Property and rights under ttria Sec�irity Instrument; and (� takes auch action as Lender may <br />reasonably require to assure that Lender' s interest in tha Prop�ty and rights under this Security Instnument, <br />and Bonower's obligarion to pay the sutns secured by ttus Security Instnmdent, shall continue uncbanged. <br />Lender may require that Bonower pay such reinstatement sums and expenses in one or �re of the following <br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified ah�k, bank check, treasurer' s check or <br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality or entity; or (d) Eleclronic Funds Transfer. Upon reinstate�nent by Borrower, <br />this Security Instrument and obligations secured hereby ahall remain fully effective as if no acxelera�ion had <br />occurr�i. However, this right to reinatate shall not apply in the case of acceleration under Section 18. <br />20. Sa�le of Note; Change of Loan Servit�r; Notice of Grlevance. The Note or a partial interest in the <br />Note (together with tlus Security Instrmnent) can be sold one or more times without prior notice to <br />Hoaower. 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 tlua Security Inslrument and performs other murtgage loan servicing <br />obligations under the Note, tlus Security Inslrument, 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 />�rrower will be given written notice of the change wluch 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 />conneclion with a notice of transfer of servicing. If tha Note is sold and thereafter the Loan is serviced by a <br />Loan Servicer other than the purchaser of the Note, the �rtgage loan servicing obligations to Borrower will <br />remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the <br />I�ote purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commenca, join, or be joinad to any judicial action (as aither an <br />individual litigant or the member of a class) that arises from the other pariy' s actions pursusnt to this <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />rc�son of, tlris Security Inst�ment, until' such Borrower or I.ender has notified the other pariy (with such <br />notice given in compliance with the requ{rements of Sectaon 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take corrective action. If Applic�ble <br />Law provides a time period wluch must elapse before certain action can be takan, tbat time period will be <br />d� to be reasonabla for piuposes of �this paragraph. The notice of acceleration and opportunity to cure <br />given to Bonower pursuant to Section 2� and the notice of accelaration given to Borrower pursuant to <br />Section 18 shall be d�med to satisfy the �,notice and opporiunity to take coirective action provisions of this <br />Section 20. I <br />2200286736 D VBANE <br />NEBRASKA-Sh�gle FamUy-F�Ne Mae/Fraddfe Mao UNIFORM INSTRIIMENT WITH MERS Form 3038 1/01 <br />VMP (e� , VMPBA�NE) (1106i <br />Wp�e Kprvy� ��r� Pege 13 of 17 <br />% <br />��'� �� <br />
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