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201009674
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Last modified
1/11/2011 2:10:00 PM
Creation date
12/27/2010 3:15:03 PM
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DEEDS
Inst Number
201009674
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2o�oo9s�4 <br />If all or any part of the Froperty or any Interest in the Aroperty is sold ar transferred (or if �orrower is <br />not a natural person and a beneficial interest in Borrower is sold or trattsferred) without Lender's prior <br />written consent, Lender may require immediate payment in full of all sums secured by this Security <br />Instrument. However, this aption shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. 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 <br />which Borrower must pay all sums secured by this Security lnstrument. [f Borrower fails to pay these <br />sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security <br />Instrument without further notice or demand on Borrower. <br />19. Bnrrower'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 <br />earliest of: (a) five days before sale ofthe Property pursuant to any power of sale contained in this Security <br />Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's <br />right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that <br />Borrower: (a) pays I,ender all sums which then would be due under this Security Instrument and the <br />Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) <br />pays all expens�s 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 protecting <br />Lender's interest in the Aroperty and rights under this Security Instrument; and (d) takes such action as <br />Lender may reasonably require to assure that Lender's interest in the Property and rights under this <br />Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall <br />continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in <br />one or more ofthe following forms, as selected by Lender: (a) cash; (b) money order; (c) certi�ed check, <br />bank check, treasurer'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. <br />Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain <br />fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the <br />case of acceleration under Section 18. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the <br />Note (together with this Security Instrument) can be sold one ar more times without prior notice to <br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be <br />one or more changes of the Loan Servicer unrelated to a sale of the Note. if there is a change of the Loan <br />Servicer, Borrower will be given written notice af the change which will state the name and address of <br />the new Loan Servicer, the address to which payments should be made and any other information RESPA <br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan <br />is serviced by a Loan Servicer other than the purchaser of the Nate, the mortgage loan servicing obligations <br />to Borrower will remain with the Loan Servicer or be transferred to a successor Laan Servicer and are <br />not assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />� <br />1757307723 <br />NEBRASKA-Single Family-Fannie MaelFreddie Mac LINIFORM INSTRUMENT � Form 3028 1i01 <br />VMP� <br />Wolters Kluwer Financial Services 201011303.5.0.0.4002201o0528Y Initials Page 13 of 17 <br />'H 17 73 72371 ' <br />
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