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202402920 <br />16. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security <br />Instrument. <br />17. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 17, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not <br />limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment <br />sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a <br />future date to a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if <br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) <br />without Lender's prior written consent, Lender may require immediate payment in full of all sums <br />secured by this Security Instrument. However, this option shall not be exercised by Lender if such <br />exercise is prohibited by Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice <br />shall provide a period of not less than 30 days from the date the notice is given in accordance with <br />Section 14 within which Borrower must pay all sums secured by this Security Instrument. If <br />Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any <br />remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />18. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to reinstatement of a mortgage. Those conditions are that Borrower: <br />(a) pays Lender all sums which then would be due under this Security Instrument and the Note as if <br />no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays <br />all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable <br />attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of <br />protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes <br />such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this <br />Security Instrument, shall continue unchanged. However, Lender is not required to reinstate if: (i) <br />Lender has accepted reinstatement after the commencement of foreclosure proceedings within two <br />years immediately preceding the commencement of a current foreclosure proceedings; (ii) <br />reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will <br />adversely affect the priority of the lien created by this Security Instrument. Lender may require that <br />Borrower pay such reinstatement sums and expenses in one or more of the following forms, as <br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or <br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured <br />by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement <br />by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as <br />if no acceleration had occurred. However, this right to reinstate shall not apply in the case of <br />acceleration under Section 17. <br />19. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial <br />interest in the Note (together with this Security Instrument) can be sold one or more times without <br />prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan <br />Servicer") that collects Periodic Payments due under the Note and this Security Instrument and <br />performs other mortgage loan servicing obligations under the Note, this Security Instrument, and <br />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 <br />change which will state the name and address of the new Loan Servicer, the address to which <br />payments should be made and any other information RESPA requires in connection with a notice of <br />transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer <br />other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will <br />NEBRASKA - Single Family - FHA Secyrjxy Instrument - MERS <br />FORM 3028 9/14 Initials: � (� Page 11 of 14 <br />Laser Forms Inc. #FHA3028MERS 6/15 _ , <br />AiI hill <br />