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200411489 <br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to <br />mortgage, grant and convey that Borrower's interest in the Property under the terms of this <br />Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lenders and any other Borrower may agree to extend, modify, <br />forbear or make any accommodations with regard to the terms of this Security Instrument or the <br />Note without that Borrower's consent. <br />12. Loan Charges. If the loan secured by this Security Instrument is subject to a law <br />which sets maximum loan charges, and that law is finally interpreted so that the interest or other <br />loan charges collected or to be collected in connection with the loan exceed the permitted limits, <br />then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge <br />to the permitted limit; and (b) any sums already collected from Borrower which exceeded <br />permitted limits will be refunded to Borrower, Lenders 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 <br />refund reduces principal, the reduction will be treated as a partial prepayment without any <br />prepayment charge under the Note. <br />13. Legislation Affecting Lenders' Rights_ If enactment or expiration of applicable <br />laws has the effect of rendering any provision of the Note or this Security Instrument <br />unenforceable according to its terms, Lenders, at their option, may require immediate payment <br />in full of all sums secured by this Security Instrument and may invoke any remedies permitted <br />by paragraph 19. If Lenders exercise this option, Lenders shall take the steps specified in the <br />second paragraph 17. <br />14. Notices. Any notice to Borrower provided for in this Security Instrument shall be <br />given by delivering it or by mailing it by first class mail unless applicable law requires use of <br />another method. The notice shall be directed to the address set forth herein or any other <br />address Borrower designate by notice to Lenders. Any notice to Lenders shall be given by first <br />class mail to Lenders' address stated herein or any other address Lenders designate by notice <br />to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been <br />given to Borrower or Lenders when given as provided in this paragraph. <br />15. Goveming Law; Severability. Federal law and the law of the State of Nebraska <br />shall govern this Security Instrument_ In the event that any provision or clause of this Security <br />Instrument or 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 without the <br />conflicting provision. To this end the provisions of this Security instrument and the Note are <br />declared to be severable. <br />16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and <br />of this Security Instrument. <br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of <br />the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is <br />sold or transferred and Borrower is not a natural person) without Lenders' prior written consent, <br />Lenders may, at their option, require immediate payment in full of all sums secured by this <br />Security Instrument. However, this option shall not be exercised by Lenders if exercise is <br />prohibited by federal law as of the date of this Security Instrument. <br />If Lenders exercise this option, Lenders shall give Borrower notice of <br />acceleration. The notice shall provide a period of not less than 30 days from the date the notice <br />is delivered or mailed within which Borrower must pay all sums secured by this Security <br />4 <br />