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202500842 <br />If the Property is abandoned by Grantor, or if, after notice by Lender to Grantor that the condemnor offers to <br />make an award or settle a claim for damages, Grantor fails to respond to Lender within the minimum number of <br />days established by Applicable Law after the date the notice is given, Lender is authorized to collect and apply the <br />proceeds, at its option, either to restoration or repair of the Property or to the sums secured by this Security <br />Instrument, whether or not then due. <br />Unless Lender otherwise agrees in writing, any application of proceeds to principal shall not extend or postpone <br />the due date of the payments referred to in the sections titled PAYMENT OF PRINCIPAL AND INTEREST; <br />PREPAYMENT AND LATE CHARGES AND FUNDS FOR TAXES AND INSURANCE or change the <br />amount of such payments. <br />BORROWER NOT RELEASED; FORBEARANCE BY LENDER NOT A WAIVER. Extension of the time <br />for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to <br />Borrower or any successor in interest of Borrower shall not operate to release the liability of the original Borrower <br />or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor <br />in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this <br />Security Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. <br />Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of <br />any right or remedy. <br />SURVIVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. This Security <br />Instrument is binding on all heirs, executors, personal representatives, administrators, successors, and assigns of <br />the Grantor. <br />JOINT AND SEVERAL LIABILITY. Each Grantor's obligations and liabilities are joint and several. <br />ACCOMMODATION SIGNERS. Any person who co-signs this Security Instrument but does not execute the <br />Note ("Accommodation Signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey <br />that Accommodation Signer's interest in the Property under the terms of the Security Instrument; (b) is not <br />personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other <br />Grantor may agree to extend, modify, forbear or make any accommodations with regard to the terms of this <br />Security Instrument or the Note without that Accommodation Signer's consent. <br />LOAN CHARGES. If the loan secured by this Security Instrument is subject to a law which sets maximum loan <br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in <br />connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the <br />amount necessary to reduce the charge to the permitted limits and (b) any sums already collected from Borrower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by <br />reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment without any prepayment charge under the Note. <br />NOTICES. Any notice to Grantor provided for in this Security Instrument shall be given by delivering it or by <br />mailing it by first class mail unless Applicable Law requires use of another method. The notice shall be directed to <br />the Property Address or any other address Grantor designates by notice to Lender. Grantor agrees to provide <br />Lender with Grantor's most current mailing address, as it may change from time -to -time. Any notice to Lender <br />shall be given by first class mail to Lender's address stated herein or any other address Lender designates by <br />notice to Grantor. Any notice provided for in this Security Instrument shall be deemed to have been given to <br />Grantor or Lender when given as provided in this paragraph. <br />GOVERNING LAW. Nebraska law applies to all matters arising under or relating to this Security Instrument <br />without regard to any choice -of -law rules that might direct the application of another jurisdiction's laws. <br />SEVERABILITY. If a court for any reason holds a provision of this Security Instrument to be unenforceable, the <br />rest remains fully enforceable. <br />GRANTOR'S COPY. Grantor shall be given one copy of this Security Instrument. <br />TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN GRANTOR. If all or any part of <br />the Property or any interest in it is sold or transferred (or if a beneficial interest in Grantor is sold or transferred <br />TruStage Compliance Solutions 2004-2024 a4546653"9dde89fa - 2024.29.11.2 <br />Page 5 of 8 Consumer Real Estate - Security Instrument DL2036 <br />