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2U120752ti <br />12. Substitute Trustee. <br />Lender, at Lender's option, may from time to time remove Trustee and appoint a <br />successor trustee in accordance with the laws of the Property Jurisdiction. Without conveyance <br />of the Mortgaged Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon the Trustee in this Security Inshument and by applicable law. <br />13. Governing Law; Consent to Jurisdiction and Venue. <br />This Security Instrument shall be govemed by the laws of the Property Jurisdiction <br />without giving effect to any choice of law provisions thereof that would result in the application <br />of the laws of another jurisdiction. Borrower agrees that any controversy arising under or in <br />relation to this Security Instrument shall be litigated exclusively in the Property Jurisdiction. The <br />state and federal courts and authorities with jurisdiction in the Property Jurisdiction shall have <br />exclusive jurisdiction over all controversies that arise under or in relation to any security for the <br />Indebtedness. Borrower irrevocably consents to service, jurisdiction, and venue of such courts <br />for any such litigation and waives any other venue to which it might be entitled by virtue of <br />domicile, habitual residence or otherwise. <br />14. Miscellaneous Provisions. <br />(a) This Security Instrument shall bind, and the rights granted by this Security <br />Instrument shall benefit, the successors and assigns of Lender. This Security Instrument shall <br />bind, and the obligations granted by this Security Instrument shall inure to, any permitted <br />successors and assigns of Borrower under the Loan Agreement. If more than one (1) person or <br />entity signs this Security Instrument as Borrower, the obligations of such persons and entities <br />shall be joint and several. The relationship between Lender and Borrower shall be solely that of <br />creditor and debtor, respectively, and nothing contained in this Security Instrument shall create <br />any other relationship between Lender and Borrower. No creditor of any party to this Security <br />Instrument and no other person shall be a third party beneficiary of this Security Instrument or <br />a.ny other Loan Document. <br />(b) The invalidity or unenforceability of any provision of this Security Instrument or <br />any other Loan Document shall not affect the validity or enforceability of any other provision of <br />this Security Instrument or of any other Loan Document, all of which shall remain in full force <br />and effect. This Security Instrument conta.ins the complete and entire agreement among the <br />parties as to the matters covered, rights granted and the obligations assumed in this Security <br />Instrument. This Security Instrument may not be amended or modified except by written <br />agreement signed by the parties hereto. <br />(c) The following rules of construction shall apply to this Security Instrument: <br />(1) The captions and headings of the sections of this Security Instrument are <br />for convenience only and shall be disregarded in construing this Security Instrument. <br />Fannie Mae Multifamily Security Instrument Form 6025.NE Page 16 <br />Nebraska O1-11 �O 2011 Fannie Mae <br />