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20�2075�ti <br />necessary or advisable by Lender incurred in preparation for, contemplation of or in connection <br />with the exercise of Lender's rights and remedies under the Loan Documents; and (3) costs <br />(which may be reasonably estimated as to items to be expended in connection with the exercise <br />of Lender's rights and remedies under the Loan Documents) of procuring all abstracts of title, <br />title searches and examinations, title insurance policies, and similar data and assurance with <br />respect to title as Lender may deem reasonably necessary either to prosecute any suit or to <br />evidence the true conditions of the title to or the value of the Mortgaged Property to bidders at <br />any sale which may be held in connection with the exercise of Lender's rights and remedies <br />under the Loan Documents. All expenditures and expenses of the nature mentioned in this <br />Section 6, and such other expenses and fees as may be incurred in the protection of the <br />Mortgaged Property and rents and income therefrom and the maintenance of the lien of this <br />Security Instrument, including the fees of any attorney employed by Lender in any litigation or <br />proceedings affecting this Security Instrument, the Note, the other Loan Documents, or the <br />Mortgaged Property, including bankruptcy proceedings, any Foreclosure Event, or in preparation <br />of the commencement or defense of any proceedings or threatened suit or proceeding, or <br />otherwise in dealing specifically therewith, shall be so much additional Indebtedness and shall be <br />immediately due and payable by Borrower, with interest thereon at the Default Rate tantil paid. <br />(e) Any action taken by Trustee or Lender pursuant to the provisions of this Section 6 <br />shall comply with the laws of the Property Jurisdiction. Such applicable laws shall take <br />precedence over the provisions of this Section 6, but shall not invalidate or render unenforceable <br />any other provision of any Loan Document that can be construed in a manner consistent with any <br />applicable law. If any provision of this Security Instrument shall grant to Lender (including <br />Lender acting as a mortgagee-in-possession), Trustee or a receiver appointed pursuant to the <br />provisions of this Security Instrument any powers, rights or remedies prior to, upon or following <br />the occurrence of an Event of Default that are more limited than the powers, rights, or remedies <br />that would otherwise be vested in such party under any applicable law in the absence of said <br />provision, such party shall be vested with the powers, rights, and remedies granted in such <br />applicable law to the full extent permitted by law. <br />7. Waiver of Statute of Limitations and Marshaling. <br />Borrower hereby waives the right to assert any statute of limitations as a bar to the <br />enforcement of the lien of this Security Instrument or to any action brought to enforce any Loan <br />Document. Notwithstanding the existence of any other security interests in the Mortgaged <br />Properly held by Lender or by any other party, Lender shall have the right to determine the order <br />in which any or all of the Mortgaged Property shall be subjected to the remedies provided in this <br />Security Instn�ment and/or any other Loan Document or by applicable law. Lender shall have the <br />right to determine the order in which any or all portions of the Indebtedness are satisfied from the <br />proceeds realized upon the exercise of such remedies. Borrower, for itself and all who may claim <br />by, through, or under it, and any party who now or in the future acquires a securiTy interest in the <br />Mortgaged Property and who has actual or constructive notice of this Security Instrument waives <br />any and all right to require the marshaling of assets or to require that any of the Mortgaged <br />Fannie Mae Multifamily Security Instrument Form 6025.NE Page 13 <br />Nebraska O1-11 �O 2011 Fannie Mae <br />