2� 1 ��4�94
<br /> If Lender exercises this optian, Lender sha�l gi�e Borrower notice�f accelerat�on. The no�ice sha�l pra�ide a
<br /> per�od of nat less than 3�days frorn the date the notice is gi�en in accardance with Sectian 14 v�ith�n which Borrower
<br /> mus�pay al� su.ms secured by this Securi�y Instrumen�. If Barrawer fa�ls to pay these sums prior to the expiraxion of
<br /> this perx�d, Lender may in�ok�any remedies permitt�d by�his Security instrument without further notice or demand
<br /> on Borr ower.
<br /> 18. Borrower's Right to Reinstate After Acce�erat�on. If Barr�vver meets certain conditions, BarrovWer shall
<br /> ha�e the right to reinstatement of a mortgage. T'#�ose canditinns are that Borrower: �a}pays Lender all sums vWhich
<br /> then wou�d be du�under this Secur�ty Instrument and the Note as if n�acceleration had vccurred;(b}cures any defaul�
<br /> �f any other ca�enants or agreements;�c�pays a11 expenses incurred in enforcing this Securi�y Instrurnent, including,
<br /> but not limited to, reasanab�e attorneys' fees, property inspection and�aluat�on fees, and o�her fees incurred for the
<br /> purpos�of protect�ng Lender's interest in the Pr�perty and rights under this Security�nstrument; and�d}takes such
<br /> action as Lender may reasonably requ�re�.o assure that Lender's interest in the Property and r.ights under this Security
<br /> I.nstrurnent, and Borrower's obiigation to pay the sums secured by this Security Instrumen�, shall continue unchangec�.
<br /> Howe�er, Lender is not required ta re�nstate xf: (i} Lender has accepf.ed reins�atemen� after the commencem�nt vf
<br /> farec�osure proceeding� wi�hin two years amme�ia�ely preceding the commencemen� af a current fnreclasure
<br /> proc�edings; �ii�reinstatement will preclude foreclosure on different grounds in�the future, or�iii}reins�atement vWi�l
<br /> adversely affect the priarity af the�ien created by this Security Instrumen�. Lender may requ�re that Borrower pay
<br /> such reins�atement sums and expenses in vne ar more of the following forms, as selec�e�i b� Lender: �a� cash; �b�
<br /> money order; �c}certified check, bank check,treasurer's che�k or cashier's cheCk,pro��ded any such check is drawn
<br /> up�n an ins�i�u�ion whose deposits are insured by a federal agency, instrumentality or entity; or�d}Electranic Funds
<br /> Transfer. Upon re�nsta�ement by Borrower,this Security�nstrument and abligations secured hereby sha�l remain fully
<br /> effect��e as if no acceleration had occurred. However, �his right ta reinstate sha1l not apply in the case�f acce�eration
<br /> under Section 17.
<br /> 19. Sale of Nvte; Change of Loan Ser�icer; Notice of Grie�ance. The Note or a partial �n�erest in�he Note
<br /> �together wi�h this Security Instrument}can be sold�ne or mvre times withou#priar notice to Borrower. A sale might
<br /> result in a change�n the ent�ty �known as the "Loan Ser��cer"}that collects Periodic Payments due under the Note
<br /> and�h�s Security Ins�ru.ment and performs o�her mor�gage �oan ser�icing �bl�gations under the Note, this Secur.ity
<br /> Instrument, and Applicab�e Law. There alsa might be�ne or mare changes of the Loan Ser�icer unrelated�o a sale
<br /> of the Note. If there�s a change vf the Loan Ser�icer,Borrflwer wil�be gi��n written no�ice of�he change vvh�ch wi1�
<br /> sta�e the name and ac�dress of the new Loan Ser�icer, the address�o which payments should be made and any other
<br /> informatian RESPA requires in connection with a no�ice of transfer af ser�ic�ng. If the Note is sold and thereafter
<br /> �he Lnan�s ser�iced by a Loan Ser�icer other than�he purchaser of the Note, the mortgage loan servi�ing ab�igatians
<br /> to Borrnwer wi1�remain with the Loan Ser�icer or be transferred t�a successor Lflan Ser�icer and are not assumed
<br /> by�he Note purchaser unless o�herwise pro�ided by the N�te purchaser.
<br /> 20. Barrawer Not Th�rd-Party Beneficiary to�ontract of Insurance.Mortgage Insurance r�imburses Lender
<br /> �or any entity that purchases the Note} for certain�osses it may incur if Borrower does not repay�he Loan as agreed.
<br /> Borrower acknow�edges and agrees tha� the Borrower is nflt a third party benef ciary to the contract of insurance
<br /> be�ween the Secre�ary and Lender, nor is Borrower enti�led to enforce any agreemen� betvveen Lender and the
<br /> Secretary, unless explici�ly authorized to do so by App��cab�e Law. �
<br /> Z�, Ha2ardou5 Substan�e5.As used in this Sectinn 21:�a}"Hazardous Substances"arethase substances defined
<br /> as toxic or hazardous substances,pollutants, or was�es�y En�ironmental Law and tihe foilowing substances:gasol�ne,
<br /> kerosen�, other flammable or taxic petroleum praducts, to�ic pes�icides and herbicides, �olati�e sol�ents, materials
<br /> con�aining asbestos or farma�dehyde,and radioacti�e materials;�1�}"Environmental Law"means federa�laws and lavvs
<br /> of the jurisdiction where the Property �s located �hat relate ta health, safety or en�ir�nmental protect�on; �c}
<br /> "En�ironmental �leanup" includes any response actifln, remedial action, vr removal action, as defined �n
<br /> En�iron.mental Law; and �d} an "En�ironmental �ondition" means a conditi�n �hat can cause, contribu�e to, vr
<br /> otherwise trigger an En�iranmen�al�leanup.
<br /> Barrower shall not cause or permit the presence,use, d�sposal, starage, or release of any Hazard�us Substances,
<br /> or�hrea�en to re�ease any Hazardous 5ubstances, �n or in the Property. Barrawer sha�l not do, nar alluv►�anyone else
<br /> NEBRASKA FHA DEEa�F TRLIST- MERS DacNlagic
<br /> NEDaTZ2.FHA 09/14/15 Page 1� of 13 www.dnCmagic.com
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