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201302389
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Last modified
3/27/2013 4:30:05 PM
Creation date
3/27/2013 3:24:59 PM
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DEEDS
Inst Number
201302389
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rights against the Mortgaged Property or any other security, pursued any rights <br />against any guarantor, or pursued any other rights available under the Loan Documents <br />or applicable law. If Borrower consists of more than one entity, the obligation of those <br />entities to indemnify the lndemnitees under this Section 48 shall be joint and several. <br />The obligation of Borrower to indemnify the lndemnitees under this Section 48 shall <br />survive any repayment or discharge of the Indebtedness, any foreclosure proceeding, <br />any foreclosure sale, any delivery of any deed in lieu of foreclosure, and any release of <br />record of the lien of this Security Instrument. Notwithstanding anything in Section 48 to <br />the contrary, so long as the Loan is insured or held by HUD, indemnification costs and <br />reimbursements to Lender or to any or all lndemnitees shall be paid only from the <br />available proceeds of an appropriate insurance policy or from Surplus Cash or other <br />escrow accounts. <br />201302389 <br />(r) So long as the Loan is insured or held by HUD, all references to Lender in <br />this Section 48 shall also be construed to refer to HUD as its interest appears (solely as <br />determined by HUD) and all notifications to Lender must also be made to HUD and all <br />Lender approvals and exercises of discretion by Lender under this Section 48 must first <br />have the prior written approval of HUD, provided, that, so long as the Loan is insured or <br />held by HUD, the reference to Lender as an Indemnitee shall be construed to refer to <br />HUD, and Borrower's obligations to indemnify HUD as an Indemnitee shall remain in <br />effect in accordance with this Section 48, notwithstanding the termination or expiration <br />of insurance of the Loan by HUD. <br />(s) To the extent any HUD environmental requirements or standards are <br />inconsistent or conflict with the provisions of this Section 48, the HUD requirements or <br />standards shall control so long as the Loan is insured or held by HUD. <br />49. STATE LAW REQUIREMENTS. <br />[SEE EXHIBIT B NEBRASKA ADDENDUM FOR ADDITIONAL SECTIONS 49, 50, <br />AND 51] <br />ATTACHED EXHIBITS. The following Exhibits are attached to this Security <br />Instrument: <br />Previous editions are obsolete <br />Exhibit A Description of the Land (required). <br />PSI Exhibit B Modifications to Security Instrument <br />49 <br />HUD MF Security Instrument HUD- 94000M (Rev.11/12) <br />
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