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200001179 or modification of amortization of the sums secured by this Security Instrument granted by Lender to any : successor in interest of Borrower shall not operate to release the liability of the original Bonower or Bonower's successors in interest. Lender shall not be required to commence proceedings against any : successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. : 12. Successors and Assigns Bound; Joint and Several Liability; Co-signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of pazagraph 17. Bonower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co-signing : this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security : Instrument; and (c) agrees that Lender and any other Bonower may agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges collected or : to be collected in connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already : collected from Bonower which exceeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to : Bonower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any : prepayment chazge under the Note. 14. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering : it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Bonower designates by notice to Lender. Any notice to : Lender shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice to Bonower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. : 15. Governing Law; Severability. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security : Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. Transfer of the Property or a Bene�cial Interest in Borrower. If all or any part of the Property or : any interest in it is sold or transfened (or if a beneficial interest in Borrower is sold or transferred and Bonower is not a natural person) without Lender's prior written consent, Lender may, at its option, require : immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide : a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration : of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or : such other period as applicable law may specify for reinstatement) before sale of the Property pursuant to any : power of sale contained in this Security Instrument; or (b) entry of a judgment enforcing this Security : Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other : covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees; and(d) takes such action as Lender may reasonably require to assure : that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the : sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Bonower, this NEBRASKA-Single Family-Fannie Mae/Freddie Mac Uniform Instrument Form 3028 9/90 Laser Forms Inc.(800)446-3555 UFT#FNMA3028 3/96 Page 5 of 7 If11t181S: /�