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201307110
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Last modified
8/19/2014 2:23:58 PM
Creation date
8/29/2013 4:29:05 PM
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DEEDS
Inst Number
201307110
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(c) <br />FHA Nebraska Deed of Trust - 06/13 <br />39126 Page 7 of 10 <br />201307110 <br />1111073012 <br />customary attorney's fees and expenses properly associated with the foreclosure proceeding. Upon <br />reinstatement by Borrower, this Security Instrument and the obligations that it secures shall remain in <br />effect as if Lender had not required immediate payment in full. However, Lender is not required to <br />permit reinstatement if: <br />(i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two <br />years immediately preceding the commencement of a current foreclosure proceeding, <br />(ii) reinstatement will preclude foreclosure on different grounds in the future, or <br />(iii) reinstatement will adversely affect the priority of the lien created by this Security Instrument. <br />11. Borrower Not Released: Forbearance by Lender Not a Waiver <br />Extension of the time for payment or modification of amortization of the sums secured by this Security <br />Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the <br />liability of the original Borrower or Borrowers successors in interest. Lender shall not be required to <br />commence proceedings against any successor in interest or refuse to extend time for payment or <br />otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand <br />made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in <br />exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. <br />12. Successors and Assigns Bound; Joint and Several Liability; Co Signers <br />The covenants and agreements of this Security Instrument shall bind and benefit the successors and <br />assigns of Lender and Borrower, subject to the provisions of Paragraph 9(b). Borrowers covenants and <br />agreements shall be joint and several. Any Borrower who co -signs this Security Instrument but does not <br />execute the Note: <br />(a) is co- signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in <br />the Property under the terms of this Security Instrument; <br />(b) is not personally obligated to pay the sums secured by this Security Instrument; and <br />agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any <br />accommodations with regard to the terms of this Security Instrument or the Note without that <br />Borrower's consent. <br />13. Notices <br />Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by <br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be <br />directed to the Property Address or any other address Borrower designates by notice to Lender. Any <br />notice to Lender shall be given by first class mail to Lender's address stated herein or any other address <br />Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be <br />deemed to have been given to Borrower or Lender when given as provided in this paragraph. <br />14. Governing Law; Severability <br />This Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the <br />Property is located. In the event that any provision or clause of this Security Instrument or the Note <br />conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or <br />the Note which can be given effect without the conflicting provision. To this end, the provisions of this <br />Security Instrument and the Note are declared to be severable. <br />15. Borrower's Copy <br />Borrower shall be given one conformed copy of the Note and of this Security Instrument. <br />
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