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200103932 <br />TABLE OF CONTENTS <br />Page <br />1. <br />DEFINITIONS ..................................................................................... ..............................1 <br />2. <br />UNIFORM COMMERCIAL CODE SECURITY AGREEMENT .... ............................... <br />6 <br />3. <br />ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN <br />POSSESSION..................................................................................... ............................... <br />6 <br />4. <br />ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED <br />PROPERTY........................................................................................ ............................... <br />8 <br />5. <br />PAYMENT OF INDEBTEDNESS; PERFORMANCE UNDER LOAN <br />DOCUMENTS; PREPAYMENT PREMIUM ................................. ............................... <br />10 <br />6. <br />EXCULPATION ................................................................................. .............................10 <br />7. <br />DEPOSITS FOR TAXES, INSURANCE AND OTHER CHARGES ............................ <br />10 <br />8. <br />COLLATERAL AGREEMENTS .................................................... ............................... <br />11 <br />9. <br />APPLICATION OF PAYMENTS .................................................... ............................... <br />12 <br />10. <br />COMPLIANCE WITH LAWS ......................................................... ............................... <br />12 <br />11. <br />USE OF PROPERTY ....................................................................... ............................... <br />12 <br />12. <br />PROTECTION OF LENDER'S SECURITY ................................... ............................... <br />12 <br />13. <br />INSPECTION ................................................................................... ............................... <br />13 <br />14. <br />BOOKS AND RECORDS; FINANCIAL REPORTING ................. ............................... <br />13 <br />15. <br />TAXES; OPERATING EXPENSES ................................................ ............................... <br />14 <br />16. <br />LIENS; ENCUMBRANCES ............................................................ ............................... 15 <br />17. <br />PRESERVATION, MANAGEMENT AND MAINTENANCE OF <br />MORTGAGEDPROPERTY ............................................................ ............................... 15 <br />18. <br />ENVIRONMENTAL HAZARDS .................................................... ............................... <br />16 <br />19. <br />PROPERTY AND LIABILITY INSURANCE ................................ ............................... 21 <br />20. <br />CONDEMNATION ............................................................................ .............................23 <br />21. <br />TRANSFERS OF THE MORTGAGED PROPERTY OR INTERESTS IN <br />BORROWER.................................................................................... ............................... <br />23 <br />22. <br />EVENTS OF DEFAULT .................................................................. ............................... <br />27 <br />23. <br />REMEDIES CUMULATIVE ........................................................... ............................... <br />27 <br />24. <br />FORBEARANCE ............................................................................. ............................... <br />28 <br />25. <br />LOAN CHARGES ............................................................................ ............................... <br />28 <br />26. <br />WAIVER OF STATUTE OF LIMITATIONS ................................. ............................... <br />28 <br />01-327514. 01 <br />FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - <br />NEBRASKA <br />Form 4028 4/98 <br />