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201500412
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7/20/2017 10:36:33 PM
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1/20/2015 3:52:50 PM
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201500412
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201500412 <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 Bonower fails to pay these sums prior to <br /> the expiration of this period, Lender may invoke any remedies permitted by this Security Instrurnent without <br /> further notice or demand on Bonower. <br /> 19. Borrower's Rightto ReinstateAfter 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 <br /> earliest of: (a)five days before sale of the Property pursuant to any power of sale contained in this Sectuity <br /> Insirument;(b)such other period as Applicable Law might specify for the termination of Borrower's right to <br /> reinstate;or(c)entry of a judgment enforcing this Security Instrument.Those conditions are that Bonower: <br /> (a)pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br /> acceleration had occurred; (b)cures any default of any other covenants or agreements; (c)pays all expenses <br /> incurred in enforcing this Sectuity Instrument, including,but not limited tq reasonable attorneys'fees, <br /> property inspection and valuation fees,and other fees incurred for the purpose of protecting Lender's interest <br /> in the Property and rights under this Security Instrument;and(d)takes such action as Lender may <br /> reasonably require to assure that Leader's interest in the Property and rights under this Security Instrument, <br /> and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br /> Lender may require that Bonower pay such reinstatement sums and expenses in one or more of the following <br /> forms,as selected by Lender: (a)cash;(b)money order; (c)certified check,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,iastrumentality or entity;or(d)Electronic Funds Transfer.Upon reinstatement by Bonower, <br /> this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had <br /> occurred. However,this right to reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note; Changeof 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 <br /> Bonower.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 this Security Instrument and performs other mortgage loan servicing <br /> obligations under the Note,this Security Instrument,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 /> Borrower will be given written notice of the change which 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 /> connection with a notice of transfer of servicing.If the Note is sold and thereafter the Loan is serviced by a <br /> Loan Servicer other than the purchaser of the Note,the mortgage loan servicing obligations to Bonower will <br /> remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the <br /> Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Bonower 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,untit such Bonower or Lender has notified the other party(with such <br /> notice given in compliance with the requirements of Section 15)of such alleged breach and afforded the <br /> other party hereto a reasonable period after the giving of such notice to take conective action.If Applicable <br /> Law provides a time period which must elapse before certain action can be taken,that time period will be <br /> deemed to be reasonable for purposes of this paragraph.The notice of acceleration and opportunity to cure <br /> given to Borrower pursuant to Section 22 and the notice of acceleration given to Bonower pursuant to <br /> Section 18 shall be deemed to satisfy the notice and opportunity to take conective action provisions of this <br /> 5ection 20. <br /> NEBRASKASingle Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Fortn 3026 1/01 <br /> VMP� VMP6A(NE)(1302).00 <br /> Wolters Kluwer Financial Services Page 13 of 17 <br /> II)II'II'lll II I I II�I�I�III'lllll I I I'llllllllll III <br /> q03334020462 Q233 394 1317 <br />
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