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201608481
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Last modified
7/28/2017 1:08:57 PM
Creation date
12/19/2016 8:54:48 AM
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DEEDS
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201608481
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2� 1 ��8481 <br /> If Lender ex�rcises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a <br /> period of not�ess than 3�days from the date the no�ice is given in accordance with Section I5 within which Borrawer <br /> must pay ail sums secured by this Security Instrumen�. If Borrower fails to pay these sums prior to the expiratian of <br /> thl5�]�1'14d, Lender may in�ok�any rernedies permitted by this Security Instrument without fur�her natice or demand <br /> DI7 B�I'I'DWer. <br /> 19. Borrawer's Right to Reinstate After A��eleration. If Barrower meets certa�n conditions, Borrawer shall <br /> ha�e�he right to ha�e enforcemen�of this Security Tns�rument discontinued at any�ime prior to the earliest �f: �a} <br /> fi�e days before sale of the Property pursuant to any power �f sate contained in this 5ecuri�y Instrument; �b} such <br /> other period a5 Applicabl�Law might specify for the termination of Borrower's ri�ht ta reinstate; or �c}entry of a <br /> judgment enforcing this Security Instrument. Those�onditions are�hat Borrawer: �a}pays Lender al�sums which <br /> then would be due under this Security�nstrum�nt and the Note as if n�acce�eratian had occurred;�b}cures any default <br /> vf any other ca�enants or agreements;(c�pays all exp�nses incurred in enforcing this Securi�y Instrument, �ncluding, <br /> bu�nat limited to, reasonable attorneys' fees, property inspection and�aluation fees, and other fees�ncurred for the <br /> purpose of pratecting Lender's interes�in the Property and rights under this Security Instrument; and�d}takes such <br /> action as Lender may reasonab�y require to assure fhat Lender's interes�in the Property and rights under this Security <br /> Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall contznue unchanged. <br /> Lender may reyuire that Borrower pay such reins�atement sums and expenses in orie or m�re of the fol�owing forms, <br /> as selected by Lender: �a}cash;�b�money arder;�c}certif ed check,bank check,treasurer's check ar cashier's check, <br /> provfded any such check is drawn upan an institution vvhose depvsits are insured by a federal agency, instrumentaiity <br /> ar enti�y; ar�d�E���tronic Funds Transfer. LJpon reinstatement by Borrower,this S�curity Instrument and�bligations <br /> secured hereby shall remain fully effective as if no accelerativn had occurred. Hawe�er, this right to reinstat�shall <br /> no�app�y in the case of acc�lera�ion under Section �8. <br /> �0. Sale of No�e; �hange of Loan Ser�icer;Natice of Grie�ance. Th�Note or a part�al inter�st�n the Nate <br /> ��ogether v►�ith this Security Instrument}can be sold one or more times without prior notice to Barrower. A saie might . <br /> result in a�hange in the en�ity�knvwn as the "Loan Ser�icer"}that collects Periodic Paymen�s due under the Note <br /> and�his Security Instrument and performs other martgage loan ser�i�ing obligations under the Nate, this Security <br /> Instrument, and Applicable Law. There a�so might be�ne ar more�hanges of the Loan Servicer unrelated to a sale <br /> af the No�e. If there is a change of the Loan Ser�icer,Borrower wi�l be gi�en written notice of the change which will <br /> state the name and address of the new Loan Servicer, the address to which payments should be made and any other <br /> informatian RESPA requires in cannectian wi�h a notice of transfer of ser�icing. If the Note is sold and thereafter <br /> the Loan is ser�iced by a Loan Servicer other than the purchaser nf the Nate,the m�rtgage laan ser�icing obligations <br /> to Borrower will remain with the Loan Ser�icer or be transferred to a suc�essvr Loan Servicer and are not assumed <br /> by the Note purchaser unless oth�rwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence,join, �r be�oined to any jud�cia� action�as�ither an individual <br /> litigant ar the member of a ciass}that arises firam the other party's actions pursuant to this Security Instrument or that <br /> alteges tha�the o�her party has breached any provisian af, or any duty owed by reason of, this Security Instrument, <br /> until such B�rrower or Lender has nfltified the other party(with such notice given in campliance with the requiremen�s <br /> of 5ectian 15}�f such alleged breach and afforded the other party her�to a reasanable period ai�er the gi�ing of such <br /> notice ta take corr�cti�e action. If Applicahle Law pro�ides a time period which must elapse before cer�ain action <br /> can be ta.ken, that time period will be de�med to b� reas�nable for purp�ses of this paragraph. The notice of <br /> acceieration and apportuni�y �n cure given to Borrower pursuant to Section 22 and the notice of acceleratian gi�en <br /> to Borraw�r pursuant to Section �S shai� be deem�d to satisfy the notice and appor�unity to take carrective actifln <br /> pra�isions af this Sec�ian 24. <br /> 21. Hazardous Substances. As used in this 5ectifln 21: �a} "Haz�rdous Substances" are those substances <br /> defined as toxic or ha�ardous substances, p�llutan�s, ar wastes by En�ironmental Law and�he following substances: <br /> gasoline, kerasene, ather flammable or tvxic petroleum products, toxic pesticides and herbicides, volatile s4lvents, <br /> materials containing asbestas or farmaldehyde, and radiaactive materiats; �b} "En�ironmental Law" means federal <br /> laws and laws of the�urisdiction where the Property is located that relate to health,safety or en�ironmental protectian; <br /> �c} "Environmental �ieanup" includ�s any response action, r�medial action, ar remo�al action, as defined in <br /> NEBRASKA--Single Family--Fannie MaelFreddie Ma� UNIFQRM INSTRUMENT- MERS pa��gjC <br /> Form 3�28 11�1 Page 1� of �5 www.dacmagic,com <br />
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