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Fannie Mae Multifamily Security Instrument Form 6025.NE <br />Nebraska 06 -12 <br />Prepared by RoboDocs® <br />201210062 <br />6. Waiver of Statute of Limitations and Marshaling. <br />Borrower hereby waives the right to assert any statute of limitations as a bar to the enforcement of <br />the lien of this Security Instrument or to any action brought to enforce any Loan Document. <br />Notwithstanding the existence of any other security interests in the Mortgaged Property held by Lender or <br />by any other party, Lender shall have the right to determine the order in which any or all of the Mortgaged <br />Property shall be subjected to the remedies provided in this Security Instrument and /or any other Loan <br />Document or by applicable law. Lender shall have the right to determine the order in which any or all <br />portions of the Indebtedness are satisfied from the proceeds realized upon the exercise of such remedies. <br />Borrower, for itself and all who may claim by, through, or under it, and any party who now or in the future <br />acquires a security interest in the Mortgaged Property and who has actual or constructive notice of this <br />Security Instrument waives any and all right to require the marshaling of assets or to require that any of the <br />Mortgaged Property be sold in the inverse order of alienation or that any of the Mortgaged Property be sold <br />in parcels (at the same time or different times) in connection with the exercise of any of the remedies <br />provided in this Security Instrument or any other Loan Document, or afforded by applicable law. <br />7. Waiver of Redemption; Rights of Tenants. <br />(a) Borrower hereby covenants and agrees that it will not at any time apply for, insist upon, <br />plead, avail itself, or in any manner claim or take any advantage of, any appraisement, stay, exemption or <br />extension law or any so- called "Moratorium Law" now or at any time hereafter enacted or in force in order <br />to prevent or hinder the enforcement or foreclosure of this Security Instrument. Without limiting the <br />foregoing: <br />(1) Borrower for itself and all Persons who may claim by, through, or under Borrower, <br />hereby expressly waives any so- called "Moratorium Law" and any and all rights of reinstatement <br />and redemption, if any, under any order or decree of foreclosure of this Security Instrument, it <br />being the intent hereof that any and all such "Moratorium Laws," and all rights of reinstatement and <br />redemption of Borrower and of all other Persons claiming by, through, or under Borrower are and <br />shall be deemed to be hereby waived to the fullest extent permitted by applicable law; <br />(2) Borrower shall not invoke or utilize any such law or laws or otherwise hinder, delay <br />or impede the execution of any right, power remedy herein or otherwise granted or delegated to <br />Lender but will suffer and permit the execution of every such right, power and remedy as though no <br />such law or laws had been made or enacted; and <br />(3) if Borrower is a trust, Borrower represents that the provisions of this Section 7 <br />(including the waiver of reinstatement and redemption rights) were made at the express direction of <br />Borrower's beneficiaries and the persons having the power of direction over Borrower, and are <br />made on behalf of the trust estate of Borrower and all beneficiaries of Borrower, as well as all other <br />persons mentioned above. <br />Page 13 <br />© 2012 Fannie Mae <br />