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201606642
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Last modified
7/24/2017 3:52:25 PM
Creation date
10/5/2016 12:10:33 PM
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201606642
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2� 1 ����42 <br /> �f Lender exercises this option, Lender shali give Borrower notice of acceleration. The notice shall pro�ide a <br /> period of not less than 30 days frvm the date the nvtice is gi�en in accordan�e with Section 15 within which <br /> Borrower must pay al1 sums secured by this Security Instrument. If Borrower fails�o pay these sums prior to <br /> the expiration of this period, Lender may in�oke any remedies permitted by this Security Ins�rument without <br /> further notice or demand on Bvrrower. <br /> 19. BoR'r�vwe�'s Right to R+einstate After A�ce�eratian. �f Borrower meets certain conditions, Barrower <br /> shall ha�e the right to ha�e enforcement �f this Se�uri�y Ins�rument discontinued at any time prior to the <br /> earliest of: (a� five days hefore sa�e of the Property pursuant to any power ❑f sale contained in this Security <br /> Instrument; �b} such other period as Applicable Lavw might specify for the termination of Borrower's right to <br /> reinstate; or �c} entry of a judgment enforcing this 5ecurity Instrumen�. Those �onditions are that Borrower: <br /> [a} pays Lender all sums which then would be due under this Security �nstrument and the No�e as if no <br /> accelera�ion had occurred; (b� cures any default of any other �ovenants or agreemen�s; (c} pays all expenses <br /> incurred in enforcing this 5ecurity Instrument, �ncluding, but not �imited ta, reasonable a�torneys' fees, <br /> properry inspection and�aluation fees, and other fees incurred for the purpose of prote�ting Lender's interest <br /> in the Property and rights under this Security Instrument; and (d} takes su�h action as Lender may <br /> reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br /> and Borrower's obligation to pay the sums secured by this 5ecurity Instrument, shal� continue unchanged. <br /> Lender may require that Borrower pay such re�nstatement sums ar�d expenses in one or more of the fo�lawing <br /> forms, as selected by Lender: (a}cash; (b} money order; (c}certified check, bank�heck, treasurer's che�k or <br /> �ashier's che�k, provided any su�h �heck is drawn upon an institution whose depos its are insured by a <br /> federal agen�y, instrumentality or entity; or�d} Ele�tronic F unds Transfer. Upon reinstatement by Borrawer, <br /> th is Secur ity Instrument and obl igatians se�ured hereby shal l remain fully effecti�e as if no acce lerat�on ha.d <br /> oc�urred. Howe�er, this right t�reinstate sha�l no�apply in the cas�vf acceleration under Section 18. <br /> 2�. Sale af Note; �hange of I..+oan 5ervicer; Natice of �rie�ance. The Note or a partial interest in the <br /> Nate (tagether with this Security Instrument} can be sold one or mvre times without prior notice to <br /> Borrower. A sale m igh� result in a change in the entity (knawn as the "Loan Ser�icer"}that �ollects Per iodic <br /> Payments due under the Nate and this 5e�urity instrument and performs other mortgage loan servicir�g <br /> obligatrons under the Note, this Security Instrumen�, and Appli�ab�e Law. There also might be one or more <br /> changes of the Loan 5er�icer unrela�ed to a sa�e of the Note. If there is a change of the Lvan Ser�i�er, <br /> Borrower will be gi�en wrrtten notice of the change which will state the name and address of the new Loan <br /> Ser�icer, the address to which payments should be made and any ather informat�on RESPA requires in <br /> connection with a notice of transfer of ser�ic�ng. If the Note is sold and thereafter the Loan �s ser�i�ed by a <br /> Loan 5er�icer other than the purchaser of the Note, the mortgage loan ser�icing ob[igations to Barrower w�ll <br /> remain with the Loan 5er�i�er or be transferred to a successor Loan 5er�icer and are no� assumed by the <br /> Nate pur�haser unless atherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence, join, or be joined to any judicia� a�tion (as �ither an <br /> indi�idual litigant or the member of a �1ass} that arises from the other party's actians pursuant to this <br /> 5ecurity Instrument or that alleges tha� the other party has breached any pro�ision of, or any duty owed by <br /> r�ason of, this Security [nstrument, until such Borrower or Lender has notified the ather party �with such <br /> noti�e gi�en in compl iance w ith the requiremen�s of 5e�tion �5} of such alleged breach and afforded the <br /> other party hereto a reasonable period after the gi�ing of such notice to take corre�ti�e action. If Applicab�e <br /> Law pro�ides a time period which must elapse before certain action �an be taken, that time period will be <br /> deemed to be reasonable for purposes of th�s paragraph. The notice of acceleration and opportunity to cure <br /> gi�en ta Borrower pursuant ta Section 22 and the notice of ac�eleration gi�en to Borrower pursuant to <br /> 5ection 1 S shalt �e deemed to satisfy �he natice and oppartunity to take correcti�e action pro�isians of this <br /> 5ection 2U. <br /> �a�i 24354�5fi Citibank 3.2.1 D7.12 V2 <br /> NEBRASKA-5ingle Family-F�nie MaelFreddie Mac UNlFflRM INSTRUMENT WITH MERS Farm 3028 11�'� <br /> VMP� VMP6A�NE}{1302).�❑ <br /> Wofters Kluw er Fnan�ial 5ervices Page 13 of�7 <br />
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