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201209434
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Last modified
7/20/2017 10:00:00 AM
Creation date
11/8/2012 4:50:31 PM
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201209434
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201209434 <br /> lf Lender exercises tt�is oplioq Lend�r shall givc Burtower noticc of aweleration. The notice shall providc a <br /> period oCnot lcss lhen 30 days&om the dnle lhc nulice is given in aceordanccwith Scclion 15 within which Borrower <br /> must pay all sums secured by[his Sccurity lnstrumenl, If Borrower feils to pay lhese sums prior Lu lhe expira[ion of <br /> this period, Lender mxy invoke any remedies pern»Ued by this Security Inslrument wi[hout Further nolice or dcmxnd . <br /> on Borrowcr. <br /> 19. Borrower's Right to Reinstate Afcer Aceeleretion. If Burrower mecls cer[ain condilions, 13orrowcr shall <br /> have the right to havc cnforccmenl of this Security Instrumcnt discontinued at any timc prior lo lhe eadiesl oC (tt) <br /> five days before salc of the Property pursuant to any power of sale conlained in this Sccurity Inslrument; (b) such <br /> other period as Applicablc Lxw might specify Cor the lcrmination of Borrower's right to rcinstale; or(c)entry of a <br /> judgment enforcing this Sccurity Inslrumenl. Those conditions are lhat f3orrower: (e)pays Lcnder all sums which <br /> then would bc duc undcr this Securily Ins[rumenl and thcNole as if�o acceleration had ocwrred;(b)cures any default <br /> of any other covenants or agreements;(c)pays all expenses incurred in enComing this Securi[y Instrumenl, including, <br /> bul nol limiled lq reasonablc aUorncys•' fees,property inspcetion xnd valualion fees, and olhcr fecs incurred for thc <br /> purpose of protecting LendcT s inleresl in the Property nnd rights under this Security Instrumcnt; and(d)[akes such <br /> action as Lcndcr mxy reasonably require Lo assurc that Lender's interesl in lhe Property and rights under lhis Sccurity <br /> Instrumenl, and t3orrower's obligation fo ptty lhe sums sccured by this See.vrity lnslrument, shall continue unchangcd. <br /> Lcnder may require tha[Borrowea pay such reinslalement sums nnd cxpenses in one or morc of the following Corms, <br /> as selectedby Lendcr: (tt}cash;(b}money ordcr,(c)ccrtificdcheck,bank check,trcxsurer's check or casltier's check, <br /> provided nny such check is drawn upon an instiWlion whose deposits are insurcd by a federal agency, instrumentality <br /> or enlity;or(d)Eleclronic Ftinds Transfer. Upon reinstatementby Borrowc.r, Ihis Sewrity Instrum�nt end obligaUons <br /> securcd hereby shall remain fully effectivc as if no accelerapon had occurrcd. Howevcr, this right to rcinstate shall <br /> not apply in ihe case of aweleralion under Section 18. <br /> 20. Sale oF Note; Change of Loan Servicer; Nofice of Grievance. The Nole or x partial interest in the Note <br /> (logelher with this Sccurity Inslrumenl)can be sold onc or more times without prior no[ice to Borrower. A salc mighl <br /> result in a c6ange in the entity (Imown as[he"Loun Servicer")lhat collecls Pcriodic Paymen[s duc under lhe Note <br /> and lhis Security Ins[rument and performs other mortgxge loan servicing obligalions under the Nole, lhis Sec.vrity <br /> Inslrumcnt, and Applicablc Lttw. There also might be one or more changcs of d�e Loan Scrvicer unrelated to x sxle <br /> of the Nota [f thcre is a change of the Loan Scrvicer,I3orrowa will be givcn wri[ten notice of the chnngc which will <br /> statc the name and address of the ncw Loan Servicer, the address to which paymenls should bc made and any othcr <br /> information RESPA reyuires in connection wilh a noUce of lransfcx of servicing. If the Nole is sold and thereafter <br /> thc Loen is serviced by a Loan Serviccr other than ihe purchaser of lhe Nole, the mortgage loan scrvicing obligaUons <br /> to I3urrower will remain wi[h thc Lonn Scrvicer or be transferred lo a suceessor Loan Scrviccr and are nol assumed <br /> by lhe Note purchaser unlcss othcxwise provided by the Note purchtuer. <br /> Neilher E3orrower nor Lcnder may commence,join, or bc joined lo any judicial ac[ion(as eilher an individuxl <br /> litigant or the membcr uC a class)that arises from thc othcr pazty's actions pursuxnt to this Security Ins[rumcnt ur that <br /> alleges thxt the o[her party t�as breached eny provision of, or any duty owcd by reascm of, this Security Inslrument, <br /> until sach Borrowcr or Lunder has notified lhe othcr party(with such notice given in compliance wilh the requircmcnls <br /> of Scction 15)of such alleged broac;h and afCorded LNe other party hcreto a reasonable period aRcr the giving of such <br /> notice to take curroctive aclion. lf Applicable Law provides a Gme period which musl clapse bcfore certain action <br /> can 6e taken, lhat time period will be dce,Tned to be reasonable for purposes of lhis paragraph. The notice of <br /> acceleration and opportunily to curc given lo f3orrower pursuant lo Section 22 and thc notice of accelera[ion given <br /> l0 13orrower pursuant[o Scction 18 shall be decmed to sxtisfy the notice and opportunity to take corrective action <br /> provisions of this Section 20. <br /> 21. Hazardous Subs[ances. As uscd in lhis Section 21: (x) "Hazxrdous Substances" are thosc subslances <br /> defined as loatic or hazardous subsfnnces, pollulants, or wastes by Environmenlal Law and thc tullowing substances: <br /> gasoline, kerosene, othcr flnmmable or loacic petroleum producLs, loxic pcsticides and herbicides, volatile solvcnls, <br /> malerials contnining asbeslos or formaldchyde, ttnd radioaclive mazerials; (b) "Environmenlal Law" menns federal <br /> laws and laws of thejurisdiction whcrc[he Properly is located that rclatc tu heall6, safety or environmenWl protection; <br /> (c) "6nvironmental Clcttnup" includes any responsc adion, rcmedial aIXion, or rcmoval aclioq as dcfmcd in <br /> N�RASKA--Single Family—Fannie MaelFreddie�.�ac UNIFORM INSTRUMENT- MERS pocMsglc��a;� <br /> i'orm 3028 1/01 Page 11 of 15 www.docmagic.com <br /> w� <br /> �F <br /> ' BANK Ot4025159 <br /> . FMD�_1207125453 <br />
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