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201603849
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Last modified
7/3/2017 5:40:26 PM
Creation date
6/22/2016 11:43:15 AM
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DEEDS
Inst Number
201603849
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otherwise in dealing specifically therewith, shall be so much additional Indebtedness and shall be <br />immediately due and payable by Borrower, with interest thereon at the Default Rate until paid. <br />(e) Any action taken by Trustee or Lender pursuant to the provisions of this Section 5 <br />shall comply with the laws of the Property Jurisdiction. Such applicable laws shall take <br />precedence over the provisions of this Section 5, but shall not invalidate or render unenforceable <br />any other provision of any Loan Document that can be construed in a manner consistent with any <br />applicable law. If any provision of this Security Instrument shall grant to Lender (including <br />Lender acting as a mortgagee -in- possession), Trustee or a receiver appointed pursuant to the <br />provisions of this Security Instrument any powers, rights or remedies prior to, upon, during the <br />continuance of or following an Event of Default that are more limited than the powers, rights, or <br />remedies that would otherwise be vested in such party under any applicable law in the absence of <br />said provision, such party shall be vested with the powers, rights, and remedies granted in such <br />applicable law to the full extent permitted by law. <br />6. Waiver of Statute of Limitations and Marshaling. <br />Borrower hereby waives the right to assert any statute of limitations as a bar to the <br />enforcement of the lien of this Security Instrument or to any action brought to enforce any Loan <br />Document. Notwithstanding the existence of any other security interests in the Mortgaged <br />Property held by Lender or by any other party, Lender shall have the right to determine the order <br />in which any or all of the Mortgaged Property shall be subjected to the remedies provided in this <br />Security Instrument and/or any other Loan Document or by applicable law. Lender shall have the <br />right to determine the order in which any or all portions of the Indebtedness are satisfied from the <br />proceeds realized upon the exercise of such remedies. Borrower, for itself and all who may claim <br />by, through, or under it, and any party who now or in the future acquires a security interest in the <br />Mortgaged Property and who has actual or constructive notice of this Security Instrument waives <br />any and all right to require the marshaling of assets or to require that any of the Mortgaged <br />Property be sold in the inverse order of alienation or that any of the Mortgaged Property be sold <br />in parcels (at the same time or different times) in connection with the exercise of any of the <br />remedies provided in this Security Instrument or any other Loan Document, or afforded by <br />applicable law. <br />7. Waiver of Redemption; Rights of Tenants. <br />(a) Borrower hereby covenants and agrees that it will not at any time apply for, insist <br />upon, plead, avail itself, or in any manner claim or take any advantage of, any appraisement, stay, <br />exemption or extension law or any so- called "Moratorium Law" now or at any time hereafter <br />enacted or in force in order to prevent or hinder the enforcement or foreclosure of this Security <br />Instrument. Without limiting the foregoing: <br />(1) Borrower for itself and all Persons who may claim by, through, or under <br />Borrower, hereby expressly waives any so- called "Moratorium Law" and any and all <br />Fannie Mae Multifamily Security Instrument <br />Nebraska <br />Form 6025.NE <br />06 -12 <br />201603849 <br />Page 13 <br />© 2012 Fannie Mae <br />
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