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<br />200607504
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<br />V2 WBCO LOAN i 501154530
<br />14. Loan Charges. Lender may charge Borrowerfees for services performed In connection with Borrower's default,
<br />for the purpose of protectIng Lender's Interest In the Property and rights under this Security Instrument, Including, but
<br />not limited to, attorneys' fees, property Inspection end valuation fees, In regard to any other fees, the absence ofexpress
<br />authority In this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the
<br />charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by
<br />Applicable Law.
<br />lfthe Loan is subjecttc a law which sets maximum loan charges. and that law is finally interpreted so thatthe interest
<br />or other loan charges collected orto be colleotedln oonnectlon with the Loan exceed the permitted limits, then: (a) any
<br />such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted Iimltj and (b) any
<br />sums already collected from Borrowerwhlch exceeded permItted limits will be refunded to Borrower. Lender may choose
<br />to make this refund by raducing the principal owed underthe Note or by making a direct payment to Borrower. If a refund
<br />reduces principal, the reduction will be treated as a partial prepayment without any prepaymentoharge (whether or not
<br />a prepayment charge Is provided for under the Note). Borrower's acceptance of any such refund made by direct
<br />payment to Borrowerwlll constitute a waiver of any right of action Borrower might have arising out of such OVercharge.
<br />15. Notices. All notIces given by Borrower or Lender in connection with this Security Instrument must be In writing.
<br />Any noticeto Borrower In connection with thIs Security Instrumentshall be deemed to have been given to Borrower when
<br />mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any
<br />one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice
<br />address shall bethe Property Address unless Borrower has deslgnatad a substitute notiCe address by notice to Lender.
<br />Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting
<br />Borrower's change of address, then Borrower shall only raport a changa of address through that specified procedure.
<br />There may be only one designated notice address under this Security Instrument at anyone time. Any not/oe to Lender
<br />shall be given by delivering It or by maillng It by first class mall to Lender's address stated herein unless Lender has
<br />designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be
<br />deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument
<br />Is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under
<br />this Security Instrument.
<br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be gOVerned by federal
<br />law and the law of the jurisdiction in which the Property is located. All rights and obligations contained In this Security
<br />Instrument are subjectto 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 Inthls Security Instrument: (a) words of the masculine gendershall 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 versaj and
<br />(c) the word "may" gives sole discretion without any obligation to take any action.
<br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument.
<br />18. Transfer of the Property or a Beneficial Interest In Borrower. As used in this Section 18, "Interest in the
<br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests
<br />transferred In a bond for deed, contract for deed, Installment sales contract or escrow agreement, the intent of Which
<br />is the transfer of titl,e by Borrower at a future date to a purchaser.
<br />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
<br />person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may
<br />require immediate payment In full of all sums secured by this Security Instrument. However, this option shall not be
<br />exercised by Lender if such exercise Is prohibited by Applicable Law.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 deysfrom the date the notice Is given In accordance with Seollon 15withln which Borrower must pay
<br />all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period,
<br />Lender may Invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />19. Borrower'a Right to Relnatate After Acceleration. If Borrower meets certain conditions, Borrower shall have
<br />the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days
<br />before sale of the Property pursuant to any power of sale contained In this Security Instrument; (b) such other period
<br />as Applicable Law might specify for the termination of Borrower's right to relnstatej or (c) entry of a judgment enforcing
<br />thIs Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under
<br />this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants
<br />or agreements; (c) pays all expenses Incurred In enforcing this Security Instrument, including, but not limited to,
<br />reasonable attorneys' fees, property inspeotlon and valuation fees, and otherfees Incurred for the purpose of protecting
<br />Lender's Interest In the Property and rights under this Security Instrument; and (d) takes such action as Lender may
<br />reasonably require to assure that Lender's Interest in the Property and rights under this Security instrument, and
<br />Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may
<br />require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected
<br />by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided
<br />any such check is drawn upon an Institution whose deposits are Insured by a federal agency, Instrumentality or entity;
<br />or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured
<br />hereby shall remain fully effective as If no acceleration had occurred. However, this right to reinstate shall not appiy In
<br />the case of acceleration under Section 18.
<br />20. Sale of Not,,; Change of Loan Servlcer; Notice of Grlevenoe. The Note or a partial Interest in the Note
<br />(together with this Security Instrument) can be soid one or more times without prior notice to BorrOWer. A sale might
<br />result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and
<br />this Security Instrument and performs other mortgage loan servicIng obligations under the Note, this Security
<br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servlcer unrelated to a sale of
<br />the Note. If there Is a change of the Loan Servlcer, Borrower will be giVen written notice of the change which will state
<br />the name and address of the new Loan Servioer, the address to which payments shOUld be made and any oth r
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<br />NEBRASKA-Slngl~ Family-Fannie Mae/Freddl~ Mac UNIFORM INSTRUMENT Form 30281/01 Initi...ls; ~
<br />@ 1999.2004 Online Documents, Inc. Page 7 of 9 NEEDEE 0402
<br />08-18-2006 10.21
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