Laserfiche WebLink
201704123 <br /> 3. BORROWER NOT RELEASED; FORBEARANCES BY LENDER NOT A <br /> WAIVER. Extension of the time of payment of the sums secured by this <br /> Security Instrument granted by Lender to any successor in interest of Borrower <br /> shall not operate to alter the liability of the original Borrower or Borrower's <br /> successor in interest. Lender shall not be required to commence proceedings <br /> against any successor in interest or refuse to extend time for payment or <br /> otherwise modify amortization of the sums secured by this Security Instrument <br /> by reason of any demand made by the original Borrower or Borrower's <br /> successors in interest. Any forbearance by Lender in exercising any right or <br /> remedy shall not be a waiver of or preclude the exercise of any right or remedy. <br /> 4. SUCCESSORS AND ASSIGNS BOUND; JOINT AND SEVERAL LIABILITY; <br /> CO-SIGNERS. The covenants and agreements of this Security Instrument shall <br /> bind and benefit the successors and assigns of Lender and Borrower. <br /> Borrower's covenants and agreements shall be joint and several. Any Borrower <br /> who co-signs this Security Instrument but does not execute the Note; (a) is <br /> consigning this Security Instrument only to mortgage, grant and convey that <br /> Borrower's interest in the Property under the terms of this Security Instrument; <br /> (b) is not personally obligated to pay the sums secured by this Security <br /> Instrument; and (c) agrees that Lender and any other Borrower may agree to <br /> extend, modify,forbear or make any accommodations with regard to the term <br /> of this Security Instrument or the Note without that Borrower's consent. <br /> 5. NOTICES.Any notice to Borrower provided for in this Security Instrument shall <br /> be given by delivering it or by mailing it by first class mail unless applicable law <br /> requires use of another method. The notice shall be directed to the Property <br /> Address or any other address Borrower designates by notice to Lender. Any <br /> notice to Lender shall be given by first class mail to: Department of Housing <br /> and Urban Development,Attention: C&L Service Corp./Morris-Griffin <br /> Corp., 2488 E 81st Street, Suite 700, Tulsa, OK 74137 or any address <br /> Lender designates by notice to Borrower.Any notice provided for in this <br /> Security Instrument shall be deemed to have been given to Borrower or Lender <br /> when given as provided in this paragraph. <br /> 6. GOVERNING LAW; SEVERABILITY. This Security Instrument shall be <br /> governed by Federal law and the law of the jurisdiction in which the Property is <br /> located. In the event that any provision or clause of this Security Instrument or <br /> 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 <br /> without the conflicting provision. To this end the provisions of this Security <br /> Instrument and the Note are declared to be severable. <br /> 7. BORROWER'S COPY. Borrower shall be given one conformed copy of the <br /> Note and of this Security Instrument. <br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as <br /> follows: <br /> NEBRASKA-SUBORDINATE DEED OF TRUST-01/02 - HUD INSTRUMENT <br /> Page 3 of 6 c3 1 0708-3 <br /> OrderlD-450010 <br /> 1111111III11III11IIIIIIIIIIIIIIII IIIIIIIIIIIIIII11111IIIIIIIII1III1111111IIIII llll1III11111111111111III11III11III11IIIIIIII11III11111 <br />