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88102172
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88102172
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Last modified
3/9/2007 5:41:15 PM
Creation date
3/9/2007 4:33:56 AM
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DEEDS
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88102172
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<br />D, UNIFORM SECURITY INSTIlUMENT; GOVERNING LAW; SEVERABIUTY <br />Unilorm CovawIII5 ollhe SecurlIy InsllWDcllt II amended to read as follows: <br /> <br />15. U.u_IIClIItIJ .....-.-.; Go........ (.aW; SeftnliWIJ, this form of Security Instrument combines uniform covenants fllr nallonal use <br />IUId _uniform covenants with IlmIledvuiadons by Jurlsdlcllon to conslllulea uniformsecurilylnstnllnenl covering real property. This <br />Securlly Instrumenlsha1l be 10venHc! by Federal law and lhelaw of the jurlsdlcllon In which the Properly is located, In Ihe evenllhalany <br />provIslDll or cIauJe of this SecurIty Instniment or the NoteconRlclSwlth applicable law, such connlct shall nol affecl olher provisions of Ihls <br />Securlly Instrument or the Note which can be pveneffect w1lhoullhe conRlctlnlprovlslon, and 10 this end Ihe provisions of this Securlly <br />IDstrument and lhe Note are declaied 10 be severable. ' <br /> <br />E. TRANSJ'ER OF 11IE PIlOPERTY oa A BENEFICIAL INTEIlEsT IN DOUOWER <br />Uniform Covenant 17 of Ihe Securlly InsllWDelllls amended 10 read as follOws: <br /> <br />17. Tnaler of...1'raperIJ or .lIe.fIdaIlalcnlt la Bomnrer.1f all or any parI of Ihe Property or an interesl themn is sold or transferred <br />(or If a beneficial Interest In Borrower is sold or tmtlferred and Borrower Is nOI a nalural person) without !-ender's prior wrillel consent, <br />Lender may, al Lender's option, declare all the sums'secured by Ihls Securily Inslrumenllo be immediately due and payable. However, this <br />option shall nol be exerdsed by Lender If exercise is nOI aulhorized by Federal law. Lender may waive the exercise of this opLltin if: (a) Borrower <br />causes 10 be sub~illed 10 Lender infonnatlonrequlred by Lender 10 evaluate the Intended Iransferee as If a n~ loan were being made to the <br />transferee; and (b) Lender reasonably delermines lhal Lender's securily will nol be implured by the 10anllSllumpllon and thaI the risk of Ihe <br />breach of any c:ovenant or qreement in thi. Security Insltw11cnlls acceplable 10 Lender, <br />To Ihe exlenl permllled by applicable law, Lender may charge a reasonable fee as a condilion 10 Lender's consenl to Ihe loan assumption. <br />Lender may also require lhe transferee 10 keep &lllhe promises and agreements made In the Note and in this Securily InsllWDellt. <br />"If Lender exercises such option 10 acce1erate, Lender shall mail Borrower nolice of acce1eralion in accordance with paragraph 14 hereof. <br />Such notice shall provide a period of not less Ihan 30 days from the date Ihe nolice is mailed wilhin which Borrower may pay Ihe sums declared <br />due. If Borrower fails 10 pay such sums pri,or 10 lhe expiralion of such period, Lender may. without further notice or demand on Borrower, <br />Invoke any remedles permilted by this Security Inslrumenl." <br />"Notwithstanding a sale or transfer, Borrower will conlinue to be obligated under Ihe Nole and Ihls Securily Insltw11enl unless Lender has <br />reIeued Borrower In wrilina." <br /> <br />F. LOAN CHANGES <br />If the loan secured by the Security Inslrumenlis subJec:IIO a law which selS IIIlIlIimum loan charges, and lballaw is rmally interpreted 50 <br />thaI the Interest or other loan charges collected or to be coUected in connection with the loan exceed permitted limits. Ihen: (I) any such loan <br />c:harle shall be reduced by the amounl necessary 10 reduce the charge to Ihe permitted limit: and (2) any sums already collected from borrower <br />wiIlcb exceeded permilted limits will be rerunded 10 Borrower. Lender may choose to make Ibis refund by reducing the principal owed under \be <br />Note or by makItq. direct paymenllo Borrower, If a refund reduces principal, the reduction will be lreated as a partial prepaymenl under the <br />Note. <br /> <br />IN WI1'NESS WHERmF. 80nuwer hi nccated dill Adjulllllle Rale RIder. <br />W. B. P. Partnership, a Nebraska Partnership <br /> <br />~~~~~es. (Seal) <br /> <br />Richter' P.rtipertles, T n~RRO ER general partner <br />By: Harold C. Richter, President <br /> <br />!- ~ <br /> <br /> <br />- <br />~ <br /> <br />cor <br />~ =:Z~E;> \ !J <br />-i "'" .. ... B.. <br />-< ,..3 a a <br /> <br />;f}ll~~~ i <br />r- " N ;!!I <br />U ..... II <br />:l> ii. <br />-- -.J Z <br />Ul N 0 <br />Ul . <br /> <br />p <br />.. <br />I <br /> <br />::> <br />.., <br />o <br />" <br />"1 <br />::> <br />;n <br /> <br />\ <br />II. <br />~ <br />'. ~ <br />~ <br />~. ~ <br />.\ <br />\. <br /> <br />t.M <br />VI <br /> <br />~ <br /> <br />::;.. <br />::x <br /> <br />c.c <br /> <br /> <br />~ <br />~ <br />~ <br />
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