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201602022
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Last modified
5/17/2016 12:56:30 PM
Creation date
4/5/2016 4:11:20 PM
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DEEDS
Inst Number
201602022
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Instrument but does riot execute the Note: (a) is co- signing this Security Instrument only to <br />mortgage, grant and convey, that Borrower'g. interest . I , ,the P under tho tprrns t f thiN <br />Security instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lenders and any other Borrower may agree.to extend, modify, <br />forbear or make any accommodations with regard to the terms of this Security Instrument or the <br />Note without that Borrower's consent. <br />12. Loan Charges. If the loan secured by this Security Instrument is subject to a law <br />which sets maximum loan charges, and that law is finally interpreted so that the interest or other <br />loan charges collected or to be collected in connection with the loan exceed the permitted limits, <br />then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge <br />to the permitted limit; and (b) any sums already collected from Borrower whioh exceeded <br />permitted limits will be refunded to Borrower. Lenders may choose to make this refund by <br />reducing the principal owed under the Note or by making a direct payment to Borrower. if a <br />refund reduces principal, the reduction will be treated as a partial prepayment without any <br />prepayment charge under the Note. <br />13. Legislation Affecting Lenders` Rights. If enactment or expiration of applicable <br />laws has the effect of rendering any provision of the Note or this Security Instrument <br />unenforceable according to its terms, Lenders, at their option, may require immediate payment <br />in full of all sums secured by this Security instrument and may invoke any remedies permitted <br />by paragraph 19. If Lenders exercise this option, Lenders shalt take the steps specified in the <br />second paragraph 17. <br />14. Notices. Any notice to Borrower provided for in this Security Instrument shall be <br />given by delivering it or by mailing it by first class mail unless applicable law requires use of <br />another method. The notice shall be directed to the address set forth herein or any other <br />address Borrower designate by notice to Lenders. Any notice to Lenders shall be given by first <br />class mail to Lenders' address stated herein or any other address Lenders designate by notice <br />to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been <br />given to Borrower or enders when . g1von, es. prou Pied .in thisa. P.aragrept1 <br />15. Governing Law; Severability. Federal law and the law of the State of Nebraska <br />shall govern this Security instrument. In the event that any provision or clause of this Security <br />instrument or the Note conflicts with applicable law, such conflict shall not affect other <br />provisions of this Security instrument or the Note which can be given effect without tee <br />conflicting provision. To this end the provisions of this Security instrument and the Note are <br />declared to be severable. <br />16. Borrower's Copy. Borrower shalt be given one conformed copy of the Note and <br />of this Security instrument <br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of <br />the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is <br />sold or transferred and Borrower is not a natural person) without Lenders' prior written consent, <br />Lenders may; at their option, require immediate payment in full of ail sums secured by this <br />Security Instrument. However, this option shall not be exercised by Lenders if exercise is <br />prohibited by federal law as of the date of this Security Instrument. <br />If Lenders exercise this option, Lenders shall give Borrower notice of <br />• acceleration. The notice shall provide a period of not less than 30 days from the date the notice <br />is delivered or mailed within which Borrower must pay all sums secured by this Security <br />4 <br />201602022 <br />
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