201603207 - Laserfiche WebLink

Browse

2� 1 ��32�7 If Lender exercis�s this option, Lender shall give�orrower notice of a�cel�ra�ion. The natic�sha11 pravide a period of not less than 3�days from th�date the notic�is given in accordance with Section 15 within�hich Borrower must pay aIl sums secured by�h�s 5ecurity Instrument.If I3orro�ver fails to pay these sums prior to the expiration of this per�od,Lender may invoke any r�medies permitted by this Security Instrument with�ut further notice�r d�mand an Borraw�r. '�9. �orrower's Right to Reinstate�tfter Acceleratior�.If Barrower meets eertain conditians, �orrower sha11 ha�e th�rigbt to have enforcement of this Security Instrument discontinued at any time pri�r to th� e�rliest��: �a)fi�re d�ys�before sale of the Property pursuan�to an�power of sale contained in this Security Instrument; �b)such other period as Applicable Law might specify for th�t�rmination of Borr�wer's right to reinsta.te;or(c�entr�r of a judgment en.forcing this Secur�ty Instrumex�t. Th�se conditions are that Barrower: (a�pays Lender all sums which then would be due under this Security Instrument and�he Note a�if no acceleration had oceurred; �b}cures any default of any ather co�enants�r agreements; �c}pays att exp�nses incurred in enforcing�his Security Instrument, includi�g,but not limited to,reasonable at�orneys'fees, property�nspection and valuation fees,and other fees inGu�'t�d for the purpose of protecting Lender's interest in the Property a�d rights under this�ecurity Instrument;and(d}takes such action as Lender may r�asonably require to assure that Lend�r's interest in the Pro�erty and rights under this Secur�ty Instrum�nt, and Borro�ver's obligation ta pa�r the sum�secured by this Security Instrun�ent, sha11 continue unchanged. Lender may requu�that Borrower pay such reinstatement sums and�xpenses in ane or mare of the fol�o�ring forms,as selected by Lender: �a}ca�h;�b�money��rder;�c��e��ed c��,ha�check,treasurer's check or cashier's check,provided any such checl�is drawn upon an i�stitution whose deposits are insured by a federal agency, instrumenta.lity or entity; or(d�Electronic Funds Transfer.Upon reinstatement by Borrower, this Secur�ty Instrument and ob��gat�ons secured hereby shall remain fuily effective a�if no acceleration had occurred. Howev�r,this right to reinsta�e sha11 not apply in the case of acceleration under Section 18. Z4, Saie of Note; �hange of Laan SQrvicer;Notice af Gri��ance.The Note or a p�rtial interest in t�e Note(together with thi�Security Instrument)can be so�d on�or more times without prior notice ta Borro�er.A sale might result in a change in the ent��y(kno�n as the "Loan Ser�icer"�that co�lects Peri�dic Payments due under the Note and this Security Instrun�ent and performs other n�artgage loan�er�icir�g obligations under the Note,this Security In�trum�nt�and Applicab�e Lativ. There also might be one or more changes of the Loan Ser�icer unre�ated to a sale of th�Note. If there is a chan�e of the Loan Servicer, Borrower wi11 be�iver�writt��notice of th�change which wi11�tate the name a�ad address af t�e nevv Loan Ser�icer,the address to tiv�.ich payments should be made and any other information RE SPA requires in conn.ection vvith a notice of transfer of ser�icing. If the Note is so�d and there�f�er the Laan is serv�ced by a Loan Servicer other�han the purchaser af tbe Note,the mor�gage loan sexvicing ob��gations to Borrower wi1� rema�n with�he Loan Servicer or be transferred to a successor Loan Servicer and ar�not assumed by the Note pur�haser unless otherwise provided by the Note purchaser. Neither B�rro�ver nor Lender may cammence,join,�r be jained tv any judicial action�as eith�r an i�dividual�itigant or the member of a class)that arises fram the other party's actions pursuant to this Security Instrument or t�at alleges that the other party�as�reache�.any pravision ofA or any duty owed by reasan of,this Security Instrument,unt�l such Borrower or Lender has notified the other party(with such notrce gi�en in compliance with the r�quirernents af Sect�on 1 S}af such alleged breach and afforded the other party heret�a reasona�le period after t�e g�ving of suc�.no��ce to ta�e�orrecti�e acti�n.If Appl�cab�e Law prov�des a time periad�hich must elapse before eertain action Gan be take�,that time period wi11 be deemed ta be reasonab�e for purpo$es of this paragr�.ph.The notice of acceleration and apportunity to cure given to Borrower pursuant to Section�2 a�d the natice of acceleration given to Borrower pursuan��o S�ctian �8 shall be deemed to sa�isfy the notice and opportunity to ta.ke correetive act�on pro��sions of this Section 24, NEBRASKA-Single Fami#y-Fannie MaeJFreddie Mac L1NIF�RM INSTRLIMENT WITH MEFiS Farm 34�8 1141 VMP C� VMPBA(NE}(13Q2}_Q4 Wolters Kluw�r Financial�ervices Page�3 o'f 9 7 q43355355144 p�33 351 1317