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201404750 <br /> under this Security Instrument unless I:,ender agrees to such release in writing. The covenants and agreements of this <br /> Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. <br /> l4. Loan Charges. Lende►•may charge Borrower fees for services performed in connection with Borrower's <br /> default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, <br /> includang, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees,the <br /> absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed <br /> as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security <br /> {nstrument or by Applicable Law. <br /> If the I,oan is subject to a la�v which sets maximum loan charges, and that law is finally interpreted so that the <br /> interest or other loan charges collected or to be collected in connection �vith the Loan exceed the permitted limits, <br /> then: (a)any such loan charge shall be reduced by the amount necessa�y to reduce the charge to the permitted limit; <br /> and (b) any sums already collected from Borrower�vhich exceeded permitted limits wil] be refunded to Borrower. <br /> Lender may choose to make ihis refund by reducing the principal owed under the Note or by making a direct payment <br /> to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any ' <br /> prepayment charge(whethe►•or not a prepayment charge is provided for under the Note). Borrower's acceptance of <br /> any such refund made by direct payment to Borrower���ill constitute a�vaiver of any right of action Borrower might <br /> have arising out of such overcharge. <br /> l5. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br /> writing. Any notice to Borro���er in connection with this Security Instrument shall be deemed to have been given to <br /> Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other <br /> means. Notice ta any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires <br /> otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice <br /> address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender <br /> specifies a proced�ire for reporting Borrower's change of address,then Borro�ver shall only report a change of address <br /> through that specified procedure. There may be only one designated notice address under this Secul•ity Instrument <br /> at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's <br /> address stated herein unless I.,ender has designated another address by notice to Borrower. Any notice in connection <br /> with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. <br /> If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br /> requirement���ill satisfy 2he corresponding requirement under this Security Instritment. <br /> 16. Governing Law; Severability; .Rules of Construction. This Security Instrument shall be governed by <br /> federal law and the la�v of the jurisdiction in which the Property is located. All rights and obligations contained in <br /> this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might <br /> explicitly or implicitly al]ow the parties to agree by contract or it might be silent, but such Silence shall not be <br /> construed as a prohiUition against agreement by contract. In the event that any provision or clause of this Security <br /> (nstrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <br /> lnstrument or the Note which can be given effect without t6e contlicting provision. <br /> As used in Lhis Security Instrument: (a)words of the masculine gender shall mean and include corresponding <br /> neuter woT•ds or words of the fieminine gender; (U)words in the singular shall mean and include the plural and vice <br /> versa; and (c)the ward "may" gives sole discretion witho«t any obli�?ation to take any action. <br /> 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br /> the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial <br /> interests transferred in a bond for deed, contract for deed, installment sales contract or escrow a�neement, the intent <br /> of which is the transfer of title by Borrower at a future date to a purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or transferred(or if Borrower is not a <br /> natural person and a beneticial interest in Borrower is sold or t�•ansferred)without Lender's prioi• written consent, <br /> Lender may require immedia2e payment in ful] of all sums secured by this Security Instrument. However,this option <br /> shal] not be exercised by I,ender if such e�ercise is prohibited by Applicable Law. <br /> NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM It�STRUMENT - MERS DocMag/c� <br /> Form 3028 1/01 Page 10 of 15 www.docmagic.com <br />