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201605441 <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 norice is given in accordance with Section 15 within which Bortower <br /> must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of <br /> this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand <br /> on Barrower. <br /> 19. Borrower's Right to Reinstate After AcceleraNan. If Borrower meets certain conditions, Borrower shall <br /> have the right to have enforcement of this Security Instrumert discontinued at any time prior to the eazliest of: (a) <br /> five days before sale of the Property pursuant to any power of sale contained in this Security Instrument (b) such <br /> other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c)entry of a <br /> judgmert enforcing this Security Inshvment. Tk�ose conditions aze that Borrower: (a)pays Lender all sums which <br /> then would 6e due under this Security Instrumert and the Note as if no accelerafion had occurred;(b)cures any default <br /> of any other covenants or agreements;(c)pays all expenses incurred in enforcing this Security Instrument, including, <br /> but not limited to, reasonable attomeys' fees,property inspection and valuation Fees, and other fees incurred for the <br /> purpose of protecting Lender's interest in the Property and rights under this Security Instrumert; and(d)takes such <br /> action as Lender may reasonably require to assure that Lender's irterest in the Property and riglrts under this Security <br /> Instrument,and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br /> Lender may requ've that Borzower pay such reinstatement sums and expenses in one or more of the foltowing forms, <br /> as selected by Lender: (a)cash;(b)money order;(c)certified check,6ank check,treasurer's check or cashier's check, <br /> provided any such check is drawn upon an institution whose deposits aze insured by a federal agency,instrumentality <br /> or entity;or(d)Electronic Funds Transfer. Upon reinstatement by Borrower,this Securily Insirument and obligations <br /> secuted hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall <br /> not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note;Change of Loan Servicer;No6ce of Grievance. The Note or a paztial interest in the Note <br /> (together with tkris Security Instrument)can be sold one or more times without prior norice to Borrower. A sale might <br /> result in a change in the enfiTy(lmown as the "Loan Servicer")that collects Periodic Paymerts due under the Note <br /> and tlils Security Instrument and performs other mortgage loan servicing obligafions under the Note, this Security <br /> Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale <br /> of the Note. If there is a change of the Loan Servicer,Borrower will be given written notice of the change which will <br /> state the narne and address of the new Loan Servicer, the address to which payments should be made and any other <br /> information RESPA requires in connection with a notice of ffansfer of servicing. If the Note is sold and thereafter <br /> the Loan is serviced by a Loan Servicer other than the pwchaser of the Note,the mortgage loan servicing obligations <br /> to Borrower will remain with tlie Loan Servicer or be transferced W a successor Loan Servicer and aze not assumed <br /> by the Nate purchaser unless okherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence,join, or be joined to any judicial ac[ion(as either an individual <br /> litigant or the member of a class)that arises from the other party's actions pursuant to this Securiry Instrument or that <br /> alleges that the other parry has breached any provision of, or any duty owed by reason of, this Securiry Inshument, <br /> unNl such Borrower or Lender has notified the other party(with such notice given in compliance with the requirements <br /> of Section 15)of such alleged breach and afforded the other pazly hereto a reasonable period after the giving of such <br /> notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action <br /> can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. 'Ihe notice of <br /> acceleration and opportuniry to care given to Borrower pursuart to Section 22 and the notice of acceleration given <br /> to Borrower pursuart to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action <br /> provisions of this Section 20. <br /> 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances <br /> defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the foliowing substances: <br /> gasoline, kerosene, other flammable or to�c petroleum products, to�tic pesticides and herbicides, volatile solvents, <br /> materials containing asbestos or formaldehyde, and radioactive mazerials; (b)"Environmental Law" means federal <br /> laws and laws of the jurisdiction where the Property is located that relate to health,safety or endvonmental protection; <br /> (c) "Environmental Cleanup" includes aoy response actioq remedial action, or removal action, as defined in <br /> NFBRASKA--Single Family—Fannie MaelFretldie Mac UNIFORM INSTRUMENT-MERS po�ry��� <br /> Foim 3028 1101 Page 11 of 15 www,docrnagic.rom <br />