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201300454
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Last modified
12/31/2013 11:16:34 AM
Creation date
1/17/2013 4:08:26 PM
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201300454
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201300454 <br /> if Lender exercises this option, Lender shall give Borrower notice of acceleration.The notice shall provide <br /> a period of not less than 30 days from the date the notice is given in accordance with Section 15 within <br /> which Borrower must pay all sums secured by this Security Instrument. If Borrower tails to pay these <br /> sums prior to the expiration of this period. Lender may invoke any remedies permitted by this Security <br /> Instrument without further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. iiBorrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br /> prior to the earliest of: (a)five days before sale of the Property pursuant to any power of sale contained <br /> in this Security Instrument; (b) such other period as Applicable Law might specify for the termination <br /> of Borrower's right to reinstate; or(c) entry of a judgment enforcing this Security Instrument. Those <br /> conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br /> instrument and the Note as if no acceleration had occurred; (b)cures any default of any other covenants <br /> or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not <br /> limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for <br /> the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and <br /> (d)takes such action as Lender may reasonably require to assure that Lender's interest in the Property <br /> and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this <br /> Security Instrument,shall continue unchanged. I ender may require that Borrower pay such reinstatement <br /> sums and expenses in one or more of the following forms, as selected by Lender: (a)cash; (b) money <br /> order; (c)certified check, bank cheek, treasurer's cheek or cashier's cheek. provided any such check is <br /> drawn upon an institution whose deposits are insured by a federal agency, instrumentality-or entity; or <br /> (d)Electronic Funds Transfer. Upon reinstatement by Borrower,this Security Instrument and obligations <br /> secured hereby shall remain fully,effective as if no acceleration had occurred. However, this right to <br /> reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest <br /> in the Note (together with this Security Instrument) can he sold one or more times without prior notice <br /> to Borrower. A sale might result in a change in the entity (known as the "Loan Sen ieer") that collects <br /> Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br /> servicing obligations under the Note,this Security Instrument,and Applicable Law. There also might be <br /> one or more changes of the Loan Servicer unrelated to a sale oldie Note. I f there is a change of the Loan <br /> Servicer, Borrower will be given written notice of the change which will state the name and address of <br /> the new-Loan Servicer,the address to which payments should be made and any other information RESPA <br /> requires in connection with a notice of transfer of sen icing. If the Note is sold and thereafter the Loan <br /> is serviced by a Loan Servicer other than the purchaser of the Note,the mortgage loan servicing obligations <br /> to Borrower will remain with the Loan Servicer or he transferred to a successor Loan Servicer and arc <br /> not assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence,join. or he.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 this <br /> Security Instrument or that alleges that the other party has breached any provision of, or any duty owed <br /> by reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with <br /> such notice given in compliance with the requirements of Section 15)of such alleged breach and afforded <br /> the other party hereto a reasonable period after the giy ing of such notice to take correctis e action. If <br /> 113026 I/UI <br /> VM02., <br /> NEBRASKA-Single Family-Fannie Mee/Fr_tltlie Mar UNIFORM INSTRUMENT Form 3028 3101 <br /> VMW3 t1 031'l <br /> VWlters Kluwer Financial Services 201212064 0 0 0 4001. 120110929V Page 13 ur 17 <br /> 'NLD119068 08r11`3' <br /> IIIfltUU II 11 I 11111111111 11111 IIIIIII <br />
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