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200706721
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8/6/2007 4:12:19 PM
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8/6/2007 4:12:18 PM
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DEEDS
Inst Number
200706721
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<br />200706721 <br /> <br />forbear or make any accommodations with regard to the terms ofthis Security Instrument or the Note <br />without the co-signer's consent. <br /> <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shan <br />obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be <br />released from Borrower's obligations and liability under this Security Instrument unless Lender agrees <br />to such release in writing. The covenants and agreements ofthis Security Instrument shall bind (except <br />as provided in Se<.:tion 20) and benefit the successors and assigns of Lender. <br /> <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation <br />fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a <br />specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender <br />may not charge fees that arc expressly prohibited by this Security Instrument or by Applicable Law. <br /> <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges colleL'ted or to be collected in connection with the Loan exceed <br />the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce <br />the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded <br />permitted limits win be refunded to Borrower. Lender may choose to make this refund by reducing the <br />principal owed under the Note or by making a direL't payment to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether <br />or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund <br />made by direct payment to Borrower will constitute a waiver of any right of action Borrower might <br />have arising out of such overcharge. <br /> <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be <br />in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have <br />been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Notice to anyone Borrower shall constitute notice to all <br />Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the <br />Property Address unless Borrower has designated a substitute notice address by notice to Lender. <br />Borrower shall promptly notifY Lender of Borrower's change of address. If Lender specifies a <br />procedure for reporting Borrower's change of address, then Borrower shall only report a change of <br />address through that specified procedure. There may be only one designated notice address under this <br />Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing <br />it by first class mail to Lender's address stated herein unless Lender has designated another address by <br />notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have <br />been given to Lender until actuany received by Lender. If any notice required by this Security <br />Instrument is also required under Applicable Law, the Applicable Law requirement will satisfY the <br />corresponding requirement under this Security Instrument. <br /> <br />16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable <br />Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be <br />silent, but such silence shall not be construed as a prohibition against agreement by contract. In the <br />event that any provision or clause of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be <br />given effect without the conflicting provision. <br /> <br />NEBRASKA - SillgiB FlIomily - FaMle Maet1i'l"edd.te Ma\': UNIFORM INSTRUMENT <br />02004-2006 Copyright Compliance SysteIl1'l, rrr. 2D26-327A - 2006. 11.140 <br />Single Family R<al Estat< - S<curity Instrument DL2047 <br /> <br />PagelOofL4 <br /> <br />Fonn 3028 1/01 <br />www.compliance:sy:stcms.com <br />800.968.8522. Fa. 616-956-1868 <br />
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