201607305 - Laserfiche WebLink

Browse

2� 1 ��73�5 If Lender exercises this apti�n,Lender sha11 give Borrower notice�f acceleration. The notice sha�l provide a period�f aot�ess than 3�days firom the date the notice is gx�en in accordance�v�th Section 15 within which �orrower must pay a11 sums s�cured by this Secur�t�Instrument. If Borrower fails to pay thes�sums prior to �he expiration of this period,Lend�r may invoke any remedies permitted by this Securit�r Iastrument�vithout �urther��tice or deman�a�Bo�ra�wer. '!9. Borrower's Right to ReinstateAfter Acc��erativn.If Borrower meets certain c�nditions, BarroWer sha�l have the right to have enforcement of this�ecurity Instrument discontinued at any time prior to the earliest af; �a}fi�e days before sale of the Property pursuant to any pvwer of sale contained in this Security Instrument; (b)such other per�od as Applicable Law might specify for the terminat�on�f Borrower's right to reinstate4 or(c)entry of a judgment enforcing this Security Instrument. Those conditions are that Barrow�r: (a)pays L�nder a�l sums which then would be due under this Security Instrurn.ent and the Note�s if no accelerat�on h�.d occurred; (b�cur�s any default of any other cav�nants or agreem�nts; (c}pays a11 expenses incurr�d in enforcing this Se�urity Instrument,inc�ud�ng,but not limxted to,reas�nab�e attorneys'f�es, pro�erty inspection and valuation fees,and other f�es incurred for the purpase of protec�ing L�nder's int�rest in the Prc�perty and r�ghts under th�s Security Instrument;and(d)tak�s such action as Lender may reasonably require to assure that Lender's interest i�tl��Prop�rty and rights t�nder th�s Security Instrument, and Borrower's obligation to pay the sums secured by th�s Security Instrument, sha11 con�in�e unchanged. Lender may require that Borrower gay such reinstatem�nt sums and expenses in one or more of the fa�lowing forms,as selec�e��ay L�nd.er: (a�c�sh; �b)m�ney order; �c)c�rtif�ed chec�,ban�check,treasurer'�check or �ashi�r's check,provided any such check is drawn upon an institution vvhose deposits are i�sured by a federal agency, in.strum�ntality ar en�i�y;or�d}Electronic Funds Transfer.Upon reinsta�ement by Bortower, this Se�urifiy Instrument and abligations secured hereb}�sha�I r�main fully effect�ve as if no acceleration had occurred. Howev�r,this right to reinstate sha�l n�t app�y�n the case of acceleration uader�ection 18. ��. �a�e af Note; �ha�g�e of Lfla�Servi��r;Nati�e of�r�eya�c�.T�.e l�ote or a paftial interes��n the Note(together�vith this Security Instrument}can be soid one or more time��rithout prior natice to �orrower.A sale might result in a change in the entity�k.nown as the "Loan Ser�icer"}that collects Per�odic Paymen#s due under t�he Nate and this Security Instrument and performs other mortgage Ioan ser�r�cing ob�igatians under the Not�,�his Security Instrument,and Applicable Lav�. Ther�also might be on��r more changes of the Loan Servicer unrelated to a sa�e of the Note. If there is a change of�he Loan Servicer, �3orrower will b�given vvritten notice of the change which will stat�the narne and address�f the ne�v Laan Ser�icer,the address to t�h�ch payments should be made and any other information RESPA requires in connecti�n with a n�trce of transfer of ser�icing. If the Note is sold and�h�r�a�er the Loan i�se�viced by a Loan.Servicer other than th�purchaser of the Note,the mort�age loan sexvicing obligatians t�Barro�ver�vi�t remain��th the Loan Serv��er or be transf�rre�1 to a successar Loan Servicer and are no�assumed by the Note purchaser unless ath�rwise p�'o�ided by the Note purchaser. Neither Borrower nor Lender may commence,jain, ar be joined ta any judic�al actian(as e�ther an individual litigant or the member of a class)that arises from the other party's actions pursuan.�to th�s �ecurity�nstrument or that alleges that the�ther par�y has breached any pro�ision of,or any duty owed by r�ason of,this Security Instrument,unt�l such Bonower or Lender has notified the other party(with such notiee given in comp�iance with the requ�rements of Secti�n 15)nf such allegec�brea�h and afforded tb.e other part�y here�a a reasonabl�period after the giving of such notice to take carrective actian. If Applicable Lativ provides a t�me period which must elapse before certain aGtion can be taken,that time period wi11 be deemed to be reasonable for purposes of this paxagraph. The notice of acceleration a�d appartunity�o cure �iven ta Borrower pursuant to Seetion 2Z and the n�tice of�cce�erat�on given to Borrov�er pursuant to Section 18 sha11 be deemed to satisfy the notice anc�oppartunity to take corrective action provisions of th�s Section��. NEBRASKA-5ingle Family-Fann��MaelFreddie Ma�UNIF4RM INSTRUMENT W1TH MERS Form 3U�8 1141 VMP� VMPBA(NE}[13�2}.44 Woiters Kiuwer Financial 5ervices Page 9 3 of 17 q�336353��40 �Z33 �95 1317