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88102390
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Last modified
3/9/2007 5:41:17 PM
Creation date
3/9/2007 4:34:28 AM
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DEEDS
Inst Number
88102390
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<br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY <br />UniCorm Covenant IS of the Security Instrument is amended to read as Collows: <br /> <br />15. Uniform security Instrument; GlIvrmlng Law; Severability. This form of Security Instrument combines uniform covenants for national use <br />and nOll-unU"..n covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any <br />provision or clause of this Security Instrument or Ihe Note conflicts with applicable law, such conflict shall not affect other provisions of this <br />Security Instrument or the NOle which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />Instrument and the Note are declared to be severable, <br /> <br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security,lnstrument is amended to read as follows: <br /> <br />17. Transfer of the Property or a Benefldallnterest In Borrower. If all or any part of the Property or an interest therein is sold or tru .,' .-cr." <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, <br />Lender may, at Lender's option. declare all the sums secured by this Security Instrument to be immediately due and payable. However. this <br />option shall not be exercised by lender if exercise is nOl authorized by Federal law . lender may waive the exercise of this option if: (a) Borrower <br />causes to be submilled to lender information required by lender to evaluate the intended transferee as if a new loan were being made to the <br />transferee; and (b) Lender reasonably determines that lender's security will not be impaired by the loan assumption and that the risk oC the <br />breach of any covenant or agreement in this Security Instrument is acceptable to lender. <br />To the extent permilled by applicable law, lender may charge a reason::ble fee as a condition to lender's consenl to the loan assumption. <br />lender may also require the transferee 10 keep all the promises and agreements made in the No~ and in this Security lmtrument. <br />"If lender exercises such option to accelerate, lender shall mail Borrower notice of acceleration in accordance with paragraph 14 h~f, <br />Such notice shall provide a period oC not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />due, Ir Borrower fails to pay such sums prior to the expiration oC such period, lender ma~'. without further notice or demand on Borro...'er. <br />invoke any remedies permilled by this Security Instrument, ., <br />"Notwithstanding a sale or transfer, Borrower will continue to be obligaled under the Note and this Security Instrument unless lender has <br />released Borrower in writing." <br /> <br />F. I.OAN CHANGES <br />IC Ihe loan sCl....red by the Securily Instrument is subjecI to a law which sets maximum loan charges. and that law is fmally intC%praed so <br />lhallhe interest or olher loan charges collecled or 10 be collected in connloction with Ihe loan exceed permitted limits. then: (1) any such IGaD <br />charge shall be reduced by Ihe amount necessary to reduce the charge 10 the permitted limit: and (2) any sums already collected from borroa-er <br />which exceeded permilled limits will be reCunded to Borrower, lender may choose to make this reCund by reducing the principal owed under the <br />NOle or by making a direcl payment 10 Borrower, If a reCund reduces principal. lhe reduction will be treated as a partia1 prcpa~'lDenl under the <br />Note. <br /> <br />IN WITNESS WHF.REOF, Borro..er bas eUClued Ibis AdJuslablto Ralr Rider. <br />~/~ PARTNER5~. a Nebraska Partnership <br /> <br />-i#~ \~T.4 ~.!2 . (~I <br /> <br />Robert Hindman. gen~~f~er <br /> <br /> <br />BORROWER <br />(SIGN ORIGINAL ONl Yl <br /> <br /> ~t;!~ <br /> co '" '" <br /> c.u . <" ;; :a '" <br /> , ) -, ~[l;~ ..... <br /> " = h :> <br /> " ' - ,e' ~f <br /> -'" .. <br /> -, <br /> .l -..: !. <br /> I <br /> ,"" 1 - - . <br /> .., <br /> " <br /> '-l 0 <br /> \'0 0 <br /> - w 2 <br /> , 3 <br />P -) u:> :~ tD <br />r'.- ;> .. <br />v' a <br /> ......., --'~ 0 <br />:- \' <br /> <A> ,-'"} Z <br />. '- u> <br />. p <br />fJ) <br />-i <br />;a <br />)J <br />~ <br /> <br />\ '.:> <br />'-r" <br />- \'" <br />\c- <br />
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