201603120 - Laserfiche WebLink

Browse

2� 1 ��312� If Lender exercises this optian,Lender sha11 g��e�orrower natice�f acce�eration.The notice sha11 pr�vide a perifld of not�ess than 3��ays from the date the n�tice is given�n accordance with Section �5�ithin�vhich �orr��ver must pay a11 sums secured by th�s Security Instrum�nt.If Barro�ver fails t�pay th�se sums prior to the expirat�an of this period,Lender may�nvoke any remedies p�rmitted by this Security Instrument without fu�ther not�ce or demand on B�rrower. 19. Bv rrower's Ri g ht to Re�nstat�After Ac��lerati on.If Borrower meets certain canditions, Borrower . sha11 have the right to haW��nforcement of this Securit�Instrument discontinued at any time prior to the ear�iest of: (a)fi�re days before sale of the Property pursuant to any power of sale contained in this Securit� Instrum�nt;[b)such other period�.s App�icabie Law m�ght spec�fy for the termination vf Borrawer's right to reinstate;ar�c�entry of a judgment enforcing this Security Instrument. Those canditians ax�that Borrovver: �a]pays Lender a11 sum�which then wauld be due under this�ecurity�ns�rument and the Not�as if n� acceleration had accurred;(b}cures any default of any ath�r covenants or agreements; (c)pays all expenses incurred�n enfarcing this SeCurity Instrume�t, �ncluding,but not limited t�,reasonabie a�torn.eys'fees, property�nspection and valuat�an fees,and o�her fees�ncurred for the purpose of prvtecting Lend�r's interest in th�Property and rights under�his Security Instrument;and�d}takes such a�tion as Lender may reasonabl�require to assure that Lender's int�re�t in the Propert�r and rights under this Securi�y Instru�ne�t, and Borrower's obligation to pay the sums secured��r this Security Ins�rumen�, sha11 continue unchanged. Lender may require that Barrower�ay such reinsta.temen#sums and expenses in one or more of the following forms,as selected by Lender: �a}ca�h; (b�maaey order;�c�cer�ified check,bank checkA treasurer's che�k vr cashier's chec�,pro�ided any su�h check is drawn upon an institution whose deposits are insured by a f�deral agency, �nstrumenta.l�ty or enti�y;or(d}Electronic Funds Transfer, Upan reinsta.temetat by Borrovver, �.his Security Instrum�nt anc�obligations secured�h�re�y sha11 rernain fully effective as if n�acceleration had occurred. H�we�er,th�s right to re�nstate shal�not apply in the case of acceleration under 5�ction 18. 2D. Sale af Note; �hange of Laan Ser��cer;Natice vf Grie�ance.The Not�or a partial inte�'est in the No�e(together with this Secur�.ty Instrument}can be sold one ar n�or�times without priar natice to Barrower.A sale rnight result in a change in the entity(knawn as�he "Loan Servicer"}��.a�collects P�riodic Payments due under t�e l�ote and t�is Security i�.s�rumen�and perf�rms other mor�tgage loan servicing obligations under the Na�e,this Security�nstrumen�,and App��cable Law. There also might be on.e or more changes of the Lvan Servicer unrelated ta a�ale of the Note. If there is a change of the Loan Servicer, Barrower v�ri11 be�iven writt�n notice of the change which wi11 state�he name and address of the ne�u Loan Servicer,the address to which payments should be mad�and any other infarmat��n RESpA requires in con.nection�ith a not��e af transfer of ser�icing. �f the Note is sold and therea�er the Loan is s�r�iced by a Loan Servicer other than the purchaser af�he Not�,�he mor�gage laan ser�icing obligatians to Barrv�ver wi11 remain with the Loan Ser�icer or be tran�ferred to a successor Loan Ser�icer and are not assumed by the Not�purchaser unless othe�vise provided by the Nate puarchaser. Neither Borrower nor Lender may commence,join, or be jain�d to any judicia�action�as�ither an ind�vidua�litigant or the member of a class)that axises from the other party's actions pursuant ta th�s Security instrument or t�.at alleges that t�e ot�.er p�rty has breached any pro��sian of,or any duty owed by reason af,this Security Instrument,until such I3arrotiv�r or Lender has notified the other party(with such natice giv�n in compliance with the requirements af Secti�n 15}of�uch alleged breach and afforded the ��her party her�to a reasanab�e period after the giving of sucb�notice to ta.1�e correctiv�action. �f Applicable La�v prov�des a time p�riod which must elapse before cer�ain action can be ta.ken,that time periad�vi�l be deerned to�ae rea�onable for purpases of this paragraph. The nv��ce of acceleration and oppor�unity ta cure given to F3arro�ver pursuant to Se�tion 2�and the notice of acceleration g�ven to Borro�ver pursuant to Sect�on 1 S sha�l be deemed to satisfy the notice and apportunity tv�ake correcti�e acti�a provisions of this �ection 2D. NEBRASKA-5ingle Family-Fa�nie MaelFreddie Mac UNIF�RM INSTRlJMENT WITH MERS Farm 3428 1101 VMP� VhAPBA(NE}(1302}.U4 Walters KluvNer Financia!5erviGes Page 13 of 9 7 q43�53986570 �233 35� 1317