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200208418 <br />18. Transfer of the Property or a Beneficial interest in Borrower. As used in this Section 18, "Interest <br />in the Property" mums any legal or beneficial interest in the Property, including, bit( not limited to, those beneficial <br />interests transferred in a bond for deed, contract for decd, imaa]Iment sales contractor escrow agreement, the intent <br />of which is the transter of title by Burrower at a 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 Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, <br />Lender may require immediate payment in full of all sumo . secured by this Security Instrument. However, this option <br />shall not be exercised by Lender it such exercise is prohibited by Applicable Law. <br />If Lender cxcrcisca this option, Lender shall give Borrower notice of acculcralion. The notice shall provide <br />a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the <br />expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further <br />notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of- <br />(a) five days before sale of the Property pursuant to any power ofsale 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 />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due Four, this Security Instrumentand the Note as if no acceleration had occurred; (h) cures any default <br />of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, <br />but no[ limited to, reasonable attorneys' fees, property inspection and valuation fees, and other tees incurred for the <br />purpose of protecting Lender's interest in the Property and rights under this Security Instrument and (d) takes such <br />deficit as tender may reasonably require to assure that Lender's interest in the Property and rights under this Security <br />Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of (he following forms, <br />as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashiers check, <br />provided any such check is drawn upon an institution whose deposits arc insured by a federal agency, instrumentality <br />or entity; or (d) Electronic Funds Transfer Upon Icinsencencm by Borrower, this Security Instrument and old I gal ions <br />secured hereby shall remain fully effective as Ilan acceleration had occurred. However, this right to reinstate shall <br />nut apply in the case of acceleration under Section 18. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. the Note of a partial interest in the Nate <br />(totledwrwilh this Security Instrument) can be sold one or more times without prior notice to Borrower. Asalemight <br />result in a change in the entity (known as the "Umn Servicer") that collects Periodic Payments due under the Note <br />and this Security Instrument and performs other mortgage loan servicing obligations tender the Note, this Security <br />Instrument, and Applicable Law. There also might be our or more changes of the Loan Servicer unrelated to a sale <br />of the Note If there is a change ol't is loan Servicer, Borrower will be given written noticcoflhe change which will <br />Seale the name and address of the new Loan Services the address to which payments should be made and any other <br />information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter <br />the Luau is acrviceu by It Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />IF Borrower will remain with the Loan Servicer or be transferred to a successor Lean Servicer and are not assumed <br />by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual <br />litigant or the member ofa class) that arises from the other party's actions pursuant to this Security Instrument or that <br />alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, <br />until such Borrower or Lender has notified the other party (wills such entice given in compliance with the requirements <br />of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such <br />untie: to lake CmrCetiyC action. It 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 fur purposes of this paragraph. The notice of <br />acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given <br />a, Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action <br />provisions of this Section 20. <br />NEBRASKA <br />Single Family <br />— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT <br />O igwif? uao aomsas r,,,, <br />roan 30281/01 <br />Page 10 of 13 <br />% % %www.docmagic.cnm <br />