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200709288 Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the payments Payment of Principal and Interest; Late Charges and Funds for Taxes and Insurance or change the amount of such payments. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payn1L'Ilt or modification of amortization of the sums secured by this Security Instnlment granted by Lender to any successor in int(,'fest of Borrower shall not op(''fate to release the liability of the original Borrower or Borrow(,T's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for paynlCnt or otherwise modify amortization of the sums secured by this Security Instnunent by rcason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or rernedy. Successors and Assigns Bound; Joint and Several Liability; Accomodation Signers. The covenants and agreements of this Security Instnlment shall bind and benefit the successors and assigns of Lender ,Uld Borrower, su~ject to the provisions of section titled Transfer of the Property or a Beneficial Interest in Borrower. Borrow(,,.'s covenants and agreem(''Tlts shall bejoint and several. Any person who co-signs this Security Instnnnent but does not execute the Note ("Accomodation Sib'11er"): (a) is CO-sib'lling this Security Instnlmmt only to mortgage, b'Tant and convey that Accomodation Signer's imerest ill tIlt: Property under the tenns orthe Security lnstnlment; (b) is not personally obligated to pay the sums secured by this Security Instnlment; and (c) agrees that Lender and any oth(,'f Borrow(,,. may agree to extend, modify, forbear or make any accommodations with regard to the tem1.~ oft1ris Security Instrument or the Note without that Accomodation Signer's consent. Loan Charges. If the loan secured by this Security Instnlmmt is subject to a law which sets maximum loan charges, and that law is Jinally interpreted so that the interest or other loan charges collected 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 necessary to reduce the charge to the permitted limits and (b) any sums already collected from Borrower which exceeded permitted limits will be reftmded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payn1tllt to Borrower. If a refund reduces principal, dlC reduction will be treated as a partial prepayment without any prepayment charge WIder dIe Note. Notices. Any notice to Borrower provided for in this Security lnstnlment shall be given by delivering it or by mailing it by first class mail unless Applicable Law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this Security Instnlment shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. Governing Law; Severability. This Security Instnlment shall be governed by ftXlerallaw and the laws of the state of Nebraska. In the event that any provision or clause of this Security Instrument or the Note contlicts with Applicable Law, such conflict shall not affect other provisions Oft11is Security lnstnlment or the Note which can be b.-iven effect without the contlicting provision. To this end the provisions ofthis Security Instrument and the Note arc declared to be severable. Borrower's Copy. Borrower shall be given one confonned copy ofthis Secmity Instrument. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part ofthe Property or any interest in it is sold or transferrexl (or if a b(,neficial interest in Borrower is sold or transferred and Borrower is not a natural person) unless the Note shows that Borrower's loan is assumable, Lender may, at its option, require immediate paynlent in full of all sums securtXl by this Security lnstmment. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If the Note shows that Borrower's lmm is assumable, Borrower must obtain Lender's written permission for an assumption and follow any other requirements of Lender related to an assumption. If Borrower does not do so, Lender may require immediate payment in full of all sums secured by this Security Instmmenl. ()2004-2007 Copyright Cornpliallce System:" Int. ~C9C~F92A. 2007.01.201 COI1.st1I'n~. Rt:.al Estate. S~Ctu;ty lI1.~t.r1.m:lont DL2036 bge S of8 www.complianccsys1.cms.com ROQ-968-8Sn -"II'< 616-956-IR6R x7l1- ;<~