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200602198
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Last modified
3/4/2012 10:59:31 AM
Creation date
3/14/2006 7:22:35 AM
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DEEDS
Inst Number
200602198
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200602198 <br />evidence of Secured Obligations, if other than the Grantor. All sums paid or agreed to be paid to the <br />Beneficiary for the use, forbearance, or detention of the Secured Obligations shall, to the extent permitted <br />by applicable law, be amortized, prorated, allocated and spread throughout the hill term of such <br />obligations until payment in full so that the rate of interest on account of Secured Obligations is unifonn <br />throughout the term thereof. The terms and provisions of this paragraph shall control all agreements <br />between the Grantor, or the maker of the Notes, or other evidence of Secured Obligations, if other than <br />the Grantor, and the Beneficiary. <br />Section 6.04. Notices. Unless otherwise required by law, whenever the Beneficiary or the <br />Grantor shall desire to give or serve any notice, demand, request or other communication with respect <br />hereto, each such notice, demand, request or other communication shall be in writing and shall be deemed <br />to have been given if sent by hand delivery, overnight courier or certified mail, postage prepaid, <br />addressed to the following mailing addresses: <br />If to the Grantor: Lutheran High School Association of Central Nebraska, Incorporated <br />ATTN: Curt Fischer <br />3900 West Husker Highway <br />Grand Island, NE 68803 <br />Telephone. (308) 385 -3900 <br />Facsimile: (308) 381 -7415 <br />If to the Beneficiary: Wells Fargo Bank, National Association <br />1248 "O" Street <br />Lincoln, NE 68508 <br />Attention: Corporate Trust <br />Telephone: (402) 434 -4431 <br />Facsimile: 402) 434 -4612 <br />If to the Trustee: Wells Fargo Bank, National. Association <br />1248 "O" Street <br />Lincoln, NE 68508 <br />Attention: Corporate Trust <br />Telephone: (402) 434 -4431 <br />Facsimile: 402) 434 -4612 <br />Any party may at any time change its address for such notices by delivering to the other parties hereto, as <br />aforesaid, a notice of such change. <br />Section 6.05. Captions. The captions or headings at the beginning of each Section hereof are <br />for the convenience of the parties and are not a part hereof. <br />Section 6.06. Invalidity of Certain Provisions; Conflicting Provisions. If the lien hereof is <br />invalid or unenforceable as to any part of the Secured Obligations, or if the lien is invalid or <br />unenforceable as to any part of the Mortgaged Estate, the unsecured or partially secured portion of the <br />Secured Obligations shall be completely paid prior to the payment of the remaining and secured portion <br />of the Secured Obligations, and all payments made on such obligations, whether voluntary or under <br />foreclosure or other enforcement action or procedure, shall be considered to have been first paid on and <br />applied to the full payment of that portion of the Secured Obligations which is not secured or fully <br />secured by the lien hereof. <br />!tom <br />
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