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201108846
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201108846
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Last modified
3/7/2012 11:12:26 AM
Creation date
11/28/2011 11:52:35 AM
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DEEDS
Inst Number
201108846
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201108846 <br /> If all or any part of the Property or any Interest in the Property is sold or transferred(or if Borrower is <br /> not a natural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior <br /> written consent,Lender may require immediate payment in full af all sums secured by this 5ecurity <br /> Instrument. However,this option 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 Instrument.If Borrower fails to pay these <br /> sums prior to the expiration of this period,Lender may invoke any remedies permitted by this Security <br /> Instrurnent without further notice or demand on Borrower. <br /> 19. Bo�rower's Right to Reinstate Afte�Acceleration. If Borrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br /> prior to the earliest of: (a)five days before sale of the Property pursuant to any power of sale contained <br /> in this Security Instrument; (b)such other period as Applicable Law might specify for the termination <br /> of Borrower's right to reinstate;or(c)enhy of a judgment enforcing this Security Instrument. Those <br /> conditions are that Borrower: (a)pays Lender all sums which then would be due under this Security <br /> Instrument and the Note as if no acceleration had occurred;(b)cures any default of any other covenants <br /> or agreements;(c)pays all expenses incurred in enforcing this Security Instrument,including,but not <br /> limited to,reasonable attorneys'fees,property inspection and valuation fees,and other fees incurred for <br /> the purpose of protecting Lender's interest in the Property and rights under this Security Instrument;and <br /> (d)takes such action as Lender may reasonably require to assure that Lender's interest in the Property <br /> and rights under this Security Instrument,and Borrower's obligation to pay the sums secured by this <br /> Security Instrument,shall continue unchanged.Lender may require that Bortower pay such reinstatement <br /> sums and expenses in one or more of the following forms, 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 is <br /> drawn upon an institution whose deposits are insured by a federal agency,instrumentality or entity;or <br /> (d)Electronic Funds Transfer.Upon reinstatement by Borrower,this Security Instrument and obligations <br /> secured hereby shall remain fully effective as if no acceleration had occurred.However,this right to <br /> reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. 5ale of Note; Change of Loan Servicer; Notiee of Grievance.The Note or apartial interest <br /> in the Note(together with this Security Instrument)can be sold one or more times without prior notice <br /> to Borrower.A sale might result in a change in the enfity(known as the"Loan Servicer")that collects <br /> Periodic Payments due under the Note and this Security Instrument and perfortns other mortgage loan <br /> servicing obligations under the Note,this Security Instrument,and Applicable Law.There also might be <br /> �ne 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 noGce of the change which will state the name and adciress 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 af the N ote,the mortgage loan servicing obligations <br /> to Bonower will remain with the Loan Servicer or be transferred to a suceessor Loan Servicer and are <br /> not assumed by the Note purehaser unless otherwise provided by the Note purchaser. <br /> HCFG-00359 <br /> NEBRASKA-Siagle Famiy-Fannie Mae/Freddie Mac UNIFORM 1NSTRUMENT Form 30Y8 1�07 <br /> VMP� <br /> 08/11 <br /> Wolters Kluwer Financial Services 201111154.0.0.0.4002-J20710824Y Page 13 oT 17 <br /> 1 1 <br />
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