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200603338 this Sccurity Instrument. Bon"ower shall not be releascd from Borrower's obligations and liability under this Security Instrument unless Lcndcr agrees to such release in writing. The covenants and agreements of this Security Instnnnent shall bind (except as providcd in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge BOITower fees for serviccs pcrformed in connection with Borrower's default, for the purpose of protecting Lcndcr's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspcction and valuation fees. In regard to any othcr fees, the absence of exprcss authority in this Sccurity Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fce. Lender may not charge fees that arc expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is snbject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collectcd or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount neeessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to Inake this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to BOITower will constitute a wai ver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices givcn by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be dcemed to have been given to Borrower when mailcd by first class mail or whcn actually delivered to Bon"ower's notice address if sent by other means. Notice to any onc Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrowcr shall promptly notify Lcndcr of Borrower's change of addrcss. If Lender specifies a procedure for reporting Borrowcr's change of addrcss, then Borrower shall only report a change of address through that specified procedure. There may bc only one designated notice address under this Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conl1icts with Applicable Law, such connict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conl1icting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and viee versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18, Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for dced, installment sales contract or escrow agreement, the intent of which is thc transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the cxpiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) sllch other period as Applicable ITEM 2698L9 (001' )-MERS (Page 9 of 12 pages) Form J02111l01 GREATLAND. To Order Call: 1.800.530-93930 Fax 616-791-1131 NEBRASKA-Single FflIlIily-Fannle MaelFrcddic Mac UNIFORM INSTRUMENT