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<br />200710284 <br /> <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and in elude eorresponding neuter <br />words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (e) the <br />word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the <br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests <br />transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the <br />transfer oftitle by Borrower 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 natural <br />person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may <br />require ilmnediate payment in full of all sums secured by this Security Instrument. However, this option shall not be <br />exercised by Lender if such exercise is prohibited by Appl icable Law. <br />If Lender exercises this option, Lender shall give Borrowcr notice of acceleration. The notice shall provide a period <br />of not lcss than 30 days from the date the notice is given in accordance with Section 15 within whieh Borrower must pay all <br />sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender <br />may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br />have the right to havc enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days <br />before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as <br />Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this <br />Security Instmment. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this <br />Security Instrument and the Note as if no acceleration had occurred; (b) cures any det~lU1t of any other covenants or <br />agreements; (c) pays all expenses incurred in enforcing this Security Instrument, ineluding, but not limited to, reasonable <br />attomeys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br />in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to <br />assure that Lender's interest in the Propelty and rights under this Security Instrument, and BOlTower's obligation to pay the <br />sums secured by this Seeurity Instrument, shall continue unchanged. Lender may require that Borrower pay such <br />reinstatement sums and expenses in one or rnore of the f()l1owing [onl1S, as selcetcd by Lender: (a) cash; (b) money order; <br />(c) certified check, bank check, treasurcr's check or cashier's check, provided any such check is drawn upon an institution <br />whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon <br />reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully eff"t:ctive as if no <br />acceleration had occurred. However, this right to reinstatc shall not apply in the case of acceleration under Section 18. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. "l11e Note or a partial interest in the Note <br />(together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result <br />in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security <br />Instrument and pcrforms other mOltgage loan servicing obligations under the Note, this Security Instrument, and Applicable <br />Law. There also might be one or more changes of the Loan ServiceI' unrelated to a sale ofthe Note. If there is a change of <br />the Loan ServiceI', Borrower will be given written notice of the change which wil1 state the name and address of the new <br />Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with <br />a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan ServiceI' other than the <br />purchaser of the Note, the mortgage loan servicing obligations to 13orrower will rcmain with the Loan ServiceI' or be <br />transferrcd to a successor Loan ServiceI' and arc not assumed by the Note purchaser unless otherwise provided by the Note <br />purchaser. <br />Neither Borrower Hor Lender may commence, join, or be joined to any judicial action (as either an individual <br />litigant or the member of a class) that arises Ii-om the other party's actions pursuant to this Security Instrument or that alleges <br />that the other party has breached any provision at: or any duty owed by reason ot~ this Security Instrument, until such <br />Borrower or Lender has 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 such notice to take <br />corrective action. If Applicable Law provides a time period which must c1apse before certain action can be taken, that time <br />period will be deemed to be reasonablc for purposes of this paragraph. The notice of acceleration and opportunity to cure <br /> <br />-Nebraska D'~d.~f:'i'rusl-Sil1gk Family-Fannie M-~-eij;"-;c~J(lie'-'i\ia-c-UNIFORM INSTRUMEN1-;-------------Mi~:ii's'.M.o(Jified Forn13"028 01/01- <br />------TIIE COMl'LIANU: SOURCE, INC.---- Page .10 of 13 14JOINE 08/00 <br />www.collljJliilrKe:;OIU"Ce.CQIll - ii:J2000, Tht: Compliance SOllr~~. Jn~'. <br />5778896 <br /> <br />S \\1 \~ <br />~ <br />