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200310941
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Last modified
10/16/2011 4:49:15 AM
Creation date
10/28/2005 2:55:42 PM
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DEEDS
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200310941
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200310941 <br />the co- signers interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay <br />the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, <br />modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the <br />co- signers consent. <br />Subject to the provisions of Section 17, arty Successor in Interest of Borrower who assumes Borrowers obligations <br />under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrowers rights and benefits under <br />this Security Instrument. Borrower shall not be released from Borrowers obligations and liability under this Security <br />Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall <br />bind (except as provided in Section 19) and benefit the successors and assigns of Lender. <br />13.Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrowers default, <br />for the purpose of protecting Lenders interest in the Property and rights under this Security Instrument, including, but not <br />limited to, attorneys fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority <br />in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such <br />fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest <br />or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such <br />loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already <br />collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this <br />refund by 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 (whether or not a prepayment <br />charge is provided for under the Note). Borrowers acceptance of any such refund made by direct payment to Borrower will <br />constitute a waiver of any right of action Borrower might have arising out of such overcharge. <br />14.Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. <br />Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when <br />mailed by first class mail or when actually delivered to Borrowers notice address if sent by other means. Notice to any one <br />Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address <br />shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall <br />promptly notify Lender of Borrowers change of address. If Lender specifies a procedure for reporting Borrowers change of <br />address, then Borrower shall only report a change of address through that specified procedure. There may be only one <br />designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it <br />or by mailing it by first class mail to Lenders address stated herein unless Lender has designated another address by notice to <br />Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until <br />actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the <br />Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. <br />15.Goveming Law; Sevembility; Rules of Constmetion. This Security Instrument shall be governed by federal law <br />and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security <br />Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly <br />allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against <br />agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with <br />Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given <br />effect without the conflicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter <br />words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the <br />word may gives sole discretion without any obligation to take any action. <br />16.Borrowers Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />17.Transfer of the Pmpetty.This loan may be declared immediately due and payable upon transfer of the Property <br />securing such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant to Section <br />3714 of Chapter 37, Title 38, United States Code. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of <br />not less than 30 days from the date the notice is given in accordance with Section 14 within which Borrower must pay all <br />sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender <br />may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />NEBRASKA Single Family UNIFORM INSTRUMENT <br />0011 GREATLAND <br />ITEM 2458L8 <br />( ) (Page 8of 11 pages) To Order Call:1 -800- 530- 9393Fax:616- 791 -1131 <br />CVNE10 Mortgage Partner byAutomated Mortgage Technologies <br />
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