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,e _______. . . ._......_ :�.�.�..�.�..�.�.�;�. — <br />� _ _ - <br /> � � <br /> � <br /> � 90-- 10�20� <br /> 11 . Successvrs and Assigna Bound; Joint and Seve�al <br /> Liability; Co-signers. 1'he covenants and agreements of this <br /> Security Instrument shttll t�ind and bene�i� tha succass�rs and <br /> � essigne of Lendor and 8or�owars� sub�ect to the provisions of <br /> paragraph f7. Borrvwers' co�enants and agraemen�s sha11 be joint <br /> and sevo�al . Any Borrower who co-aigns this Security Instrument <br /> but daes not execute the Note: (a) �s co-signing this Security <br /> Inatrumt�nt only to mortgage� grant and Gonv�y that Borrower's <br /> � intoroet in the Prop�rty under the terms of this Sacurity <br /> . . Inatrument; (b) is not personnlly obligated to pay the sums <br /> aocu�ed by this Security Inst�ument; end (c) agrees thet Lender <br /> f a�nd any other Borrower may ag�ee to extend� mod��fy, forbear o� <br /> � mnke eny nccommodat�ions with rega�d to the terms of this Securi�ty <br /> I Instrumant or the Note w9thout that Borrowe�s' consent. <br /> � <br /> 12. l.oan Charges. If the loan secured by this Security <br /> � Instrument is subject to a law which �ets maximum loan charges, <br /> . and that 1aw js f�nelly ir�te�preted so that the interest or other <br /> loan cherges collected or to be collected in connecLion with the <br /> loa� exceed the permitted limits, then: (a) any such loan charge <br /> shell be reduced byr the amount necessary to reduce tho charge to <br /> the pe�mitted limit; and (b) any sums already collected from <br /> Borrowers which exceeded permitted limits will be refunded to � <br /> 9orrowers. Lender may choose to make this refund by reduc�ng the <br /> ' principal owed under the Note or by making a direct payment to <br /> Borr�owers. If a refund reduces p�incipal , the reduction wi 11 be <br /> treated as a partial prepayment without any prepayment charge <br /> under the Note. � � <br /> 13. Legislation Affecting Lender's Rights. If enactment or , ;� <br /> ;.� <br /> expiretion of applicable laws has the effect� �f rendering anv ,_--- <br /> - - - provision of the Note or this Security Instrument unenforceable �_ <br /> according to its terms, Lender� at its option� may require r-�� <br /> immediate payment in fu11 of a11 sums secured by this Security <br /> Instrument and may invoke any remedies pe�mitted by paragraph 19. <br /> If tender exercises this option, Lender shall take the steps • <br /> '. specified in the second paragraph of paragraph 17. <br /> � � <br /> � 14. Notices. Any notice to Borrowers provided for in this <br /> Security Instrument shall bs given by delivering it or by mailing <br /> it by first class mail unless applicable law requires use af <br /> ' another method. The notice shall be directed to the Property <br /> eddress or any other address Borrowers designate by notice to <br /> Lender. Any notice to Lender sha11 be given by first class mail <br /> to Lender's address stated herein or any other address Lende� ,� <br /> designates by notice to Borrowers. Any notice provided for in <br /> this Security I�strument shall be deemed to have been given to ��� <br /> Borrowers or Lender when given as provided in this paragraph. <br /> , <br /> � 15. Governing Law; Severability. This Security Instrument <br /> sha11 �e governed by federal law and the law of the State of <br /> Nebraska. In the event that ar�y pravision or clause of this <br /> Security Instrurnent or the Nate cvnflicts with applicable law, <br /> such conflict shall not affect othAr provisians of this Security <br /> Instrument or the Note which can be given effect without the <br /> conflicting provision. To this end �he provisions of this <br /> Security instrumertt and the Note are declared Co be severable. <br /> 16. Borrowers' Copy. 8orrowers shaall be given one <br /> conformed ca�y of th0 Note and af this 5ecurity Instrument. <br /> 17. 7ransfer of the Proper�y or a Beneficial Interest zn � <br /> Bnrrowers. If all or &ny parL of the ProDerty or any �nterest �n <br /> i t i s so ld or trar�sfprred (flr i f a bensf i ci al i nL-erest. i n <br /> Borrowers is �o�d or transferred r�nd Borrower is nat a natural <br /> person) wi�hout Lender's �rior written consent, Ler+der may , at � <br /> L its option, requ� re imrned�ate payment in full of all sums secured <br /> by this Se�urtty Instrument. Wowever . th�s vpt�on shail not be � . <br /> ex�rcised t�y LenrJor iF exerc�se is proh� bited by federal law as �, <br /> �f tho date of this Secur� ty Instrument. �n <br /> , � <br /> If Lender ex�rc. �s�s tYi�s opt�on, l.er��er sr�at � g�v� Bc•rrC•wEar�; ;, ° � <br /> � <br />