Laserfiche WebLink
201301985 <br /> 216302723 <br /> If Lender exercises this option,Lender shall give Borrower notice of acceleration.The notice shall provide a <br /> period of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br /> Borrower must pay all sums secured by this Security Instrument.If Borrower 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. Borrower's Right to Reinstate After Acceleration.If Borrower meets certain conditions,Borrower <br /> shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest <br /> of: (a)five days before sale of the Property pursuant to any power of sale contained in this Security Instrument: <br /> (b)such other period as Applicable Law might specify for the termination of Borrower's right to reinstate;or <br /> (c)entry of a judgment enforcing this Security Instrument.Those conditions are that Borrower: (a)pays Lender <br /> all sums which then would be due under this Security Instrument and the Note as if no acceleration had <br /> occurred; (b)cures any default of any other covenants or agreements;(c)pays all expenses incurred in <br /> enforcing this Security Instrument,including,but not limited to,reasonable attorneys' fees,property inspection <br /> and valuation fees,and other fees incurred for the purpose of protecting Lender's interest in the Property and <br /> rights under this Security Instrument;and(d)takes such action as Lender may reasonably require to assure that <br /> Lender's interest in the Property and rights under this Security Instrument,and Borrower's obligation to pay <br /> the sums secured by this Security Instrument,shall continue unchanged.Lender may require that Borrower pay <br /> such reinstatement sums and expenses in one or more of the following forms,as selected by Lender: (a)cash; <br /> (b)money order;(c)certified check,bank check,treasurer's check or cashier's check,provided any such check <br /> is drawn upon an institution whose deposits are insured by a federal agency,instrumentality or entity;or(d) <br /> Electronic Funds Transfer.Upon reinstatement by Borrower,this Security Instrument and obligations secured <br /> hereby shall remain fully effective as if no acceleration had occurred.However,this right to reinstate shall not <br /> 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 in the <br /> Note(together with this Security Instrument)can be sold one or more times without prior notice to Borrower. <br /> A sale might result in a change in the entity (known as the "Loan Servicer")that collects Periodic Payments due <br /> under the Note and this Security Instrument and performs other mortgage loan servicing obligations under the <br /> Note,this Security Instrument,and Applicable Law.There also might be one or more changes of the Loan <br /> Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer,Borrower will be given <br /> written notice of the change which will state the name and address of the new Loan Scrvicer,the address to <br /> which payments should be made and any other information RESPA requires in connection with a notice of <br /> transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the <br /> purchaser of the Note,the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer <br /> or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise <br /> provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence,join,or be joined to any judicial action (as either an individual <br /> litigant or the member of a class)that arises from the other party's actions pursuant to this Security Instrument <br /> or that alleges that the other party has breached any provision of,or any duty owed by reason of,this Security <br /> Instrument,until such Borrower or Lender has notified the other party(with such notice given in compliance <br /> with the requirements of Section 15)of such alleged breach and afforded the other party hereto a reasonable <br /> period after the giving of such notice. to take corrective action. If Applicable Law provides a time period which <br /> must elapse before certain action can be taken,that time period will be deemed to he reasonable for purposes of <br /> this paragraph.The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and <br /> the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and <br /> opportunity to take corrective action provisions of this Section 20. <br /> NEBRASKA-Single Family-Fannie MaeiFreddie Mac UNIFORM INSTRUMENT WITH MFRS Form 3026 1(01 <br /> VMP® VMP6A(NE)(1105)00 <br /> Wolters Kluwer Financial Services Page 13 of 17 <br />