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201308870 <br /> written consent. Lender may require immediate payment in full of all sums secured by this Security <br /> instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by <br /> Applicable Law. <br /> If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall <br /> provide a period of not less than 30 days from the date the notice is given 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 <br /> this period. Lender may invoke an remedies permitted by this Security Instrument without further notice <br /> or demand on Borrower. <br /> 18. Borrower's Right to Reinstate After Acceleration. If Borrower 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 in <br /> this Security Instrument: (b) such other period as Applicable Law might specify for the termination of <br /> 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 Debt Instrument as if no acceleration had occurred; (b) cures any default of any other <br /> covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br /> but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees <br /> incurred for the purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in <br /> the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured <br /> by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such <br /> reinstatement sums and expenses in one or more of the following forms,as selected by Lender: (a)cash:(b) <br /> 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 <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 17. <br /> 19. Sale of Debt Instrument; Change of Loan Servicer; Notice of Grievance. The Debt <br /> Instrument or a partial interest in the Debt Instrument (together with this Security Instrument) can be sold <br /> one or more times without prior notice to Borrower. A sale might result in a change in the entity(known as <br /> the "Loan Servicer'') that collects Periodic Payments due under the Debt Instrument and this Security <br /> Instrument and performs other mortgage loan servicing obligations under the Debt Instrument, this Security <br /> Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated <br /> to a sale of the Debt Instrument. If there is a change of the Loan Servicer, Borrower will be given written <br /> notice of the change which will state the name and address of the new Loan Servicer, the address to which <br /> payments should be made and any other information RESPA, if applicable, requires in connection with a <br /> notice of transfer of servicing. If the Debt Instrument is sold and thereafter the Loan is serviced by a Loan <br /> Servicer other than the purchaser of the Debt Instrument, the mortgage loan servicing obligations to <br /> Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and arc not <br /> assumed by the purchaser of the Debt Instrument unless otherwise provided by the purchaser of the Debt <br /> Instrument. <br /> Neither Borrower nor Lender may commence,join, or be 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 by <br /> reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such <br /> notice given in compliance with the requirements of Section 14) 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 Applicable <br /> Borrower Initials ig/114. <br /> ©2013 GuardianDocs (page I(1 of/3 pages) <br /> NE Closed-End Junior Lien Security Instrument(12/23/2010) <br /> HC#4829-1645-6456 <br />