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<br />200709769 <br /> <br />1 '). Borrower's Right to Reinstate After Acceleration. I f Borrower meets certain <br />conditions, Borrower shall have the right to have enforcement of this Security lnstrunlent <br />discontinued at any time prior to the earl iest of: (a) five days belcm; sale of the Property pursuant to <br />any power of sale contained in this Security Instrument; (b) such other period as Applicable Law <br />might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment <br />enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums <br />which then would be due under this Security Instrument and the Note as if no acceleration had <br />occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' <br />fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting <br />Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action <br />as Lender may reasonably require to assure that Lender's interest in the Property and rights under <br />this Security Instrument, and Borrower's obligation to pay the sums secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement <br />sums and expenses in one or more of the following fonns, as selected by Lender: (a) cash; (b) money <br />order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check <br />is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or <br />entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument <br />and obligations secured hereby shall remain fully effective as if no acceleration had occurred. <br />However, this right to reinstate shall not apply in the case of acceleration under Section 18. <br />20. 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.nA 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 RESP A 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 other <br />than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with <br />the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note <br />purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as <br />either an individual litigant or the member of a class) that arises from the other party's actions <br />pursuant to this Security Instrument or that alleges that the other party has breached any provision <br />of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has <br />notified the other party (with such notice given in compliance with the requirements of Section 15) <br />of such alleged breach and afforded the other party hereto a reasonable period after the giving of <br />such notice to take corrective action. If Applicable Law provides a time period which must elapse <br />before certain action can be taken, that time period will be deemed to be reasonable for purposes of <br />this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to <br />Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed <br />to satisfy the notice and opportunity to take corrective action provisions of this Section 20. <br /> <br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br /> <br />F,~ ~g, 13f5J,pag"J <br /> <br /> <br />Initial Here <br />