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201503882
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Last modified
7/21/2017 2:39:17 AM
Creation date
6/11/2015 9:11:59 AM
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DEEDS
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201503882
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. <br /> ��15�3SS� <br /> If Lender e�ercises this opti�n, Lend�r shail gi�e Borro�ver notice�f acceleration. The notic� shall pro�ide a <br /> period vf not Iess than 3D days fr�m the date the notice is given in accordanCe with Section 15 within which Borrower <br /> must pay all sums secur�i by this Security Instrument. �f B�rrawer fails to pay these sums privr to the expiration af <br /> this period, L�nder may in�oke any remedies permitted by this Security Instrum�nt without fur�.h�r notice or demand <br /> on Borrvvver. <br /> 19, Borrawer's R�ight ta Reinstate After Aecelerafion. If Borrow�r meets certain cond��i�ns, Borrawer shall <br /> ha�e the right�o ha�e enforcement of this Securi�y Instrument discontinued at any time prior to the earliest af; �a} <br /> fi��days before sale of th� Prvperty pursuant to any pawer of sale contained in this Security Instrument; �b) such <br /> other geriod as Applicable Law might specify for th�termination of Sorro�ver's right to reinstate; or (c�entry of a <br /> judgm�nt�nforcing this 5ecurity Instrument. Those conditi�ns are that Borrower: (a}pays Lender ail sums which <br /> th�n would be due under this S�urity Instrumen�and the Not�as if no acceleratian had occurred;�b}cures any default <br /> af any other co�enant�S or agreements; �c}pays all exp�nses incurred in enforc�ng this Secur�ty Instrument, inCluding, <br /> but nat lirni�ed t�, reasonable attorneys' f�es, progerty inspection and�a�uat�on f�e�, and other fe�s incurred fflr the <br /> purpose of protec�ing Lend�r's interest in the Property and rights under�his Security Instrument; and�d} takes such <br /> act�on as Lender may reas�nably reyuire to assure that Lender's interest�n the Property and rights under this 5ecurity <br /> Instrument, and Borrower's obligati�n to pay the sums se.�ured by this Security Instrument, shall continue unchanged. <br /> Lender may require that Borrow�r pay such reinstatement sums and expenses in one or m�re of th�following forms, <br /> as se�e�ted by Lender: �a)cash;�b}money order;�c}�ertified check, bank eheck,treasur�r's check or cashier's check, <br /> pro�ided any su�h check is drawn upan an�nstitut�on whose deposits ar�insured by a fed�ral agency, instrumentality <br /> ar entity; vr�d}Electron�c Funds Transfer. Upon re�nstatement hy Borrow�r,�his Securi�y Instrument and oh�igations <br /> secured hereby sha11 remain fully effecti�e as if no acce�erati�n had occurred. Howe�er, this right t�reinstate shall <br /> nat app�y in th�cas�af acceleration under Section 18. <br /> 2D. Sale af Note; Change of Loan 5ervicer; Notice of�rievance. Th�Note or a partial interest in the Not� <br /> �tog�ther with this S�curit�Instrument}can be sald ane ar more times without pri�r notice to Borrower. A sale might <br /> result in a�hange in the entity �known as the "Loan 5er�icer"} that colleets Periodic Payments due un�er the Note <br /> and this Securit�r Instrument and performs other mortgage loan ser�icing obligativns under th� Na�e, �his Security <br /> Instrument, and Applicable Law. Th�re also might be�ne or more changes�f the Loan Ser�iCer unre�ated to a sale <br /> �f�he Note. �f there is a change of the Loan Ser�icer, B�rr�wer will be giWen written notice af the change whi�h will <br /> state the name and addr�5s of the new Loa.n Ser�icer, the address to which payments shauld be mad�and any nther <br /> information RESPA requires in canne�tion with a notice of transfer of ser�i�ing. If the Nate is sold and th�reaf�er <br /> the Loan is ser�iced�y a Loan Ser���er other than the purchaser of the Note, th�mortgage loan s�r�icing ob�igations <br /> to Borrower wiil remain with�he Loan Ser��cer or be transferred to a successor Laan Ser�icer and ar�nat assumed <br /> by the N�te purchaser unl�ss atherwise pro�ided by th�Nate purchaser. <br /> Nei�her B�rrower nor Lender may commence, join, or be joined t�any judicia� action (as�ither an individual <br /> lit�gant or th�member�f a clas�)that arises fram the ather par�y's actians pursuant to this Securi�y�nstrument or that <br /> a�leges that the other party has breached any pravision of, or any duty o�ved by reason af, �his Security�nstrument, <br /> until such Borrawer�r Lender has notified th�other party tvvith such notice gi�en in compliance with the requirements <br /> of Sect��n 15}of such a�leg�d brea�h and afforded the o�her party hereto a reasonable period after the gi�ing of such <br /> notice to take correcti�e act��n. If Applicab�e Law pro�ides a time period which must elapse before certain action <br /> can be taken, that time p�rivd will be deemed to be reasvnahle for purposes af this paragraph. The notice af <br /> acce�eratian and opportunity to cure gi�en �a Borrower pursuant ta Section 2�and the notice of accelerat�an gi�en <br /> �� �orrower pursuant to 5ection 1 H shall be deemed to satisfy the notice and appartunity to take correcti�e ac�ion <br /> pro�isions af this Sect�on �4. <br /> 21. Hazardaus Substances. As used in this Section 21: �a} "Hazardaus Substances" are th�se substances <br /> d�fined as toxic or hazardous substances, gollutants, ar wastes by En�ironmental Law and the following su�stances: <br /> gasoline, kerosene, other flammable or tox�c petroleum produ�ts, taxic pesticides and h�rhicides, �vlatile sol�ents, <br /> ma�erials containing asbestas or farmaldehyde, and radivactiWe materials; �b} "En�ironm�ntal Law" means f�deral <br /> laws and laws af the jurisdict�on wh�re the Property is�ocated that relat�to health, safety or en�ironmental protectivn; <br /> tc} "Env�ronmentai �l�anup" �ncludes any response action, remedia� activn, or removal a�tion, as defined in <br /> NEBRASKA--Single Fam�iy--Fannie MaelFreddie Mac UNIF�RM INSTRUMENT- MERS D�c�a�lc � <br /> Form 342$ �IQ 1 Page 11 vf 15 www.dv�magi�.cvm <br />
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