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200011176
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Last modified
10/13/2011 11:00:59 PM
Creation date
10/20/2005 10:48:03 PM
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DEEDS
Inst Number
200011176
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200011176 <br />withheld. Borrower shall be responsible for all third party costs incurred by Lender in <br />connection with documenting such ownership change. <br />The transfer to and assumption by an approved transferee of the Borrower's obligations <br />under the Loan shall not constitute a "prepayment" of the Loan requiring payment of a <br />"Prepayment Premium" or "Early Termination Fee" (both as defined in the Note). <br />18. NOTICE. Except for any notice required under applicable law to be given <br />in another manner, any and all notices, elections, demands, or requests permitted or required to <br />be made under this Instrument or under the Note shall be in writing, signed by the party giving <br />such notice, election, demand or request, and shall be delivered personally, or sent by registered, <br />certified, or Express United States mail, postage prepaid, or by Federal Express or similar service <br />requiring a receipt, to the other party at the address stated above, or to such other party and at <br />such other address within the United States of America as any party may designate in writing as <br />provided herein. The date of receipt of such notice, election, demand or request shall be the <br />earliest of (i) the date of actual receipt, (ii) three (3) business days after the date of mailing by <br />registered or certified mail, (iii) one (1) business day after the date of mailing by Express Mail or <br />the delivery (for redelivery) to Federal Express or another similar service requiring a receipt, or <br />(iv) the date of personal delivery (or refusal upon presentation for delivery). <br />19. SUCCESSORS AND ASSIGNS BOUND; JOINT AND SEVERAL <br />LIABILITY; AGENTS; CAPTIONS. The covenants and agreements herein contained shall <br />bind, and the rights hereunder shall inure to, the respective heirs, successors and assigns of <br />Lender and Borrower, subject to the provisions of Section 17 hereof. If Borrower is comprised <br />of more than one person or entity, whether as individuals, partners, partnerships, limited liability <br />companies, or corporations, each such person or entity shall be jointly and severally liable for <br />Borrower's obligations hereunder. In exercising any rights hereunder or taking any actions <br />provided for herein, Lender may act through its employees, agents or independent contractors as <br />authorized by Lender. The captions and headings of the sections of this Instrument are for <br />convenience only and are not to be used to interpret or define the provisions hereof. <br />20. WAIVER OF STATUTE OF LIMITATIONS. Borrower hereby waives <br />the right to assert any statute of limitations as a bar to the enforcement of the lien of this <br />Instrument or to any action brought to enforce the Note or any other obligation secured by this <br />Instrument. <br />21. WAIVER OF MARSHALLING. Notwithstanding the existence of any <br />other security interests in the Property held by Lender or by any other party, Lender shall have <br />the right to determine the order in which any or all of the Property shall be subjected to the <br />remedies provided herein. Lender shall have the right to determine the order in which any or all <br />portions of the Indebtedness secured hereby are satisfied from the proceeds realized upon the <br />exercise of the remedies provided herein. Borrower, any party who consents to this Instrument <br />and any party who now or hereafter acquires a security interest in the Property and who has <br />actual or constructive notice hereof hereby waives any and all right to require the marshalling of <br />assets in connection with the exercise of any of the remedies permitted by applicable law or <br />provided herein. <br />15 <br />01- 288814.04 <br />Grand Island, NE <br />
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