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B. LOAN CIiARGF.S It could be that the loan secured by the Security Instrument is subject to a law which sets maximum loan charges and that law is interpreted so that the interest or other loan charges collected or to be collected in connection with the loan would exceed permitted limits: If this is the case, then: (A) any such loan charge shell be reduced by the amount necessary to reduce the charge to the permitted limit; and (B) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. C. PRIOR LIENS If Lender detemunee that all or any part of the sums secured by this Security Instnament are subject to a lien which has priority over this Security Instrument, Lender may send Borrower a notice identifying that lien. Borrower shall promptly act with regard to that lien as provided in paragraph 4 of the Security Instrument or shall promptly secure an agreement in a form satisfactory tb Lender subordinating that lien' to this Security Instrument. Failure to provide evidence that Lender has first lien shall eonetitute a default under the tesms of this Note. D. TRANSFER OF THE PROPERTY If there is a transfer of the Property, subject to paragraph 17 of the Security Instrument, Lender may require (1) an increase in the current Note interest rate, or (2) an increase m (or removal of} the limit on the amount of any one interest rate change (if there is a limit), or (3) a.change in the-Base' Index figure, or all of these, as a condition of Lender's waiving the option to accelerate provided is pars- ~,,~ , graph 17. 0 BY signing this. Borrower agrees to all of the above. c ~ ~ ~ ~ - Roger g. Frandsen '~"'°"" ~ pr O~ ~ ~ '_ ~-- - d' ,. ,, ~ ~ r ,n ,~ ~ - -- `- r ~ m - ~ -- - ------- ----•--------- a ~ - `~ - Juf e R. Shaver -8a°O"" _, I ~., fit' ~ - ~: ~- ~ ~- u] U ~] STATE OF NEBRASKA . ........................~1°---._....-----°- -- -------------.......----... County ss: On this ...... lst_-• ....................... day of .......---?~Gh.--------.---.........., 19..84.., before. me, the undenugned, Public duly rnmmissioned and qualified for said county, personally came- -- ~r~$n~senz--a.. sinple..Eersona--lulie-_R.--S.hay?r..--a-s~.Rg).e..P.ersoaa- --......---::..:......::.:.'------•_.. to me-known to be the identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be .-.... their--. _------ ------------------- voluntary act and:dsed.- WITNESS my hand and notarial seal at .------..Grand, Island, Nebra,__......,__...... in'seid county; --------- - the date aforesaid, ~dM~' ' My Conw~ission exp' ~~F~a~'~f„19b5 ~ ~ ~~ W~ an au FNUaI L•'mpbya,eu[ OpporWOify/A/Hrmativo Actin EmVbra M/F. u ~ ~