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201106509
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9/14/2011 12:36:36 PM
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9/2/2011 9:36:16 AM
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201106509
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�0��0�509 <br />If Lender exercises this option, Lender shall give Borrower notice of acceleral3ott. The notice shall provide a <br />period of not less than 30 days from the date the ttotice 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 <br />the expiraHon of this period, Lender may invoke any remedies permttted by this Security Instrument without <br />farther noflce or demand on Borrower. <br />19. Borrower's Right to Reinstete After ACCeleretion. If Borrower meets certain conditions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinued at ar►y time prior to the <br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br />Inshvrnent; (b) such other period as Applicable Law might specify for the terminaflon of $orrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security Instrument. 'Those condiflons are that Borrower: <br />(a) pays Lender a11 sums which then would be due under this Security Instrument and the Note as if no <br />acceleration had occuired; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Securlty Instrument, including, but not limited to, reasonable attoraeys' fees, <br />property inspection and valuation fees, and ather fees incurred for the purpose of protecting Lender's interest <br />in the Property and rights under this Security Instrument; and (d) takes such acflon as Lender may <br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br />and Borrower's obligaflon to pay the sums secured by this Security Instrument, shall continue unchanged. <br />Lender may require that Borrower pay such re9nstatement snms and expenses in one or more of the following <br />forms, as 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 by a <br />federal agency, instrumentality or enflty; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br />this Security Instrument and obligations secured hereby shall remain fiilly effective as if no acceleration had <br />occurred. However, this right to reinstate shall not apply 9n the case of acceleration under Section 18. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. 'The Note or a par�tal interest in the <br />Note (together with this Security Instrument) can be sold one or 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 Periodic <br />Payments due under the Note and this Security Instrument and performs other mortgage loan servidng <br />obligat3ons under the Note, this Security Instrument, and Applicable Law. There also might be one or more <br />changes of We Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br />Borrower wIll be given written noflce of the change which will state the name and address of the new Loan <br />Servicer, the address to which paymettts should be made and any other information RESPA requires in <br />connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a <br />Loan Servicer other than the purchaser of the Note, the mortgage Ioan servidng obligations to Borrower will <br />remain wit6 the Loan Servicer or be fransferred to a successor Loan Servicer and are not assemed by the <br />Note purchaser unless othenvise provided by the Note purchaser. <br />Neither Bortower nor Lender may commence, join, or be joined to any Judicial acfiion (as either an <br />individual lit�gant or the member of a class) that ar3ses from the otlier party's actlons pursuant to this <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Iustrument, untll such Borrower or Lender has notified the other party (with such <br />notice given in compliance wit6 the requiremen�s of Section 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such noflce to take corrective action. If Applicable <br />Law provides a dme period which must elapse before certain acflon can be taken, that time perlod wIll be <br />deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br />given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to <br />Section 18 shall be deemed to satIsfy the notice and opportunity to take corrective ackion provisions of th9s <br />Secflon 20. <br />0071226Z5125 Citibank 3.2.49.09 V2 <br />NEBRASKA-Sim�le Femfly-Fannia Mee/Freddle Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1/01 <br />VMPBAMEI (7105).� <br />Woite� Kluwer Finsncial Services Poge 73 of 17 <br />
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