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200901250 13. ~oint ~nd. Several ~la~~ty; Co-sI~n~rs; Successors and Assigns Bound. Borrower covenants and agrees that Borrower s obhganons and hablhty shall be)olllt and several. However, any Borrower who co-signs this Security Instrument but does. not e,x~cute th~ Note (a "co-sIgner"): (a) is co-signing this Security Instrument only to mongage. grant and convey the co-sIgner s lIl~erest lIl.the Propeny under the tenns of thIS Security Instrument; (b) is not personally obligated to pax the sums secured by thIS Secunty Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, ~odi~, forbear or make any accommodations with regard to the tenns of this Security Instrument or the Note without the co- signer s consent . Subjec~ to the provisi?ns of~ection ~ 8, any Successor in Interest of Borrower who assumes Borrower's obligations u~der this ~ecunty Instrument III wntmg, and IS approved by Lender, shall obtain all of Borrower's rights and benefits under this Secunty Instrument Borrower shall not ~e rel~~ed from Borrower's obligations and liability lfnder this Security I~strument unless Le~der ~grees ~ such release III wnnng. The covenant~ and agreements ofthis Secunty Instrument shall bind (except as proVIded 1Il Secnon 20) and benefit the successors and assigns of under. 14. Loan Charges. lender may charge Borrower fees for services perfomled in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under tltis Security Instrument, including but no~ lin;ited,to. atto~eys' fees. property inspection a~d valuation fees. In regard to any other fees, the absence ofexp~ autho~ty III thIS Secunty Instrument to charge a speCific fee to Borrower shall not be construed as a prohibition on the charging ofsuch fee. Lender may not charge fees that are ex.pressly prohibited by this Security Instrument or by Applicable Law. . If the Loan is subject to a law which sets maximum loan charges. and that law is finally inlerpreted so that the mterest or other loan charges collected or to be collected in connection with the Loan exceed the permitted lintits. then: (a) any such loan charge shall be reduced by the amount necessacyto reduce the charge to the permitted lintit; and (b) any sums already collected from Borrower which exceeded pennitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Nole or by making a direct payment to Borrower. If a refund reduces princip~1. the ~eduction will be treated as a partial ~repayment without any prepayment charg~ (whether or not a pIq)aymettt charge IS prOVIded for under the Note). Borrower s acceptance of any such refund made by dIrect payment to Borrower will constitute a waiver of any right of action Borrower ntight have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered 10 Borrower's notice address ifsent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requIres otherwise. Tbe notice address shall be the Property Address unless Borrower has designated a substitute nOlice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reponing Borrower's change of address, then Borrower shall only repon a change of address through that speci fied procedure. 1bere may be only one designated notice address under this Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender' 5 address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given 10 Lender until actually received by Lender. If any notice required by tItis Security Instrument is also required under Applicable Law. the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. lbis Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument arc subject to any requirements and limitations of Applicable Law. Applicable Law mighl explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without -the conflictingprovision.- . - .-. . - -.-.. -. . As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; aml(c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument 18. Transfer ofthe Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to. those beneficial interests transferred in a bond for deed. contract for deed, installment sales contract or escrow agreement, the intent of wItich is the transfer oftille by Borrower at a future date to a purchaser. If all or any part ofthe Property or any Interest in the Property is sold or transferred (orifBorrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior wrinen consent, Lender may require immediate payment in full of all sums secured by this Security Instrument, However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The noticc shall provide a period of not less than 30 days fro!!l the date the notice is given i~ accordance with Secti?n 15 wilhin ~hi~h Borr~wer !!lust pay all sums secured by this Secunty Instrument. If Borrower falls to pay these sums pnor to the expIratIon of this penod, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property p'ursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law ntighl specIfy for ~e temllnation of Borrower's right to reinstate: or (c) ~lltry ofajudgment enforcing ~s Security Instrument. Those conditIons are that Borrower: (a) pays Lender all sums wlllch then would be due under this Security Instrument and the Note as if no acceleration had occurred: (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred. . . in enforcing this Security Instrument, including, but not limited to. reasonable attorneys' fees. property IOspecnon and valuation fees, and other fees incurred for the purpose ofprotccting Lender's int.erest in the Propeny and ~~hts Utld~r this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender s lI11~rest m tJ1e Propeny and rights under this Security Instrument, and Borrower's obligation to p~y the sums secured by thIS S~unty Instrument, shall continue unchanged. Lender may require that Borrower pay such remst.atement sums and expenses III o~e or more of the following forms, ~ selected by Lender; (a) cash; (b) mon~y~rd~r: (c) certlfiedch~ck, ba,nkcheck, treasurer s check or cashier's check, prOVided any such check IS drawn upon an mstItutton .whose depOSits are Insured ~y a fede~1 agency instrumentality or entity; or (d) Electronic Funds Transfer. Upon felllstatement by Borrower, thiS See"!Ity Instru~ent and obligations secured hereby shall remain fully effective as ifno acceleration had occwred. However. this nght to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more timcs with'!ut prior nOlice to Borrower. A sale ll1;ight res1;'lt in a change in the entity (known as the "Loan Servicer") that collects PeriodiC Payments due under the Note and this S~unty Instrument and perfomls other mortgage loan servicing obligatio~s under the Note, this Security Instrument, ll!"d Apphcable Law. There also might be one or more changes of the Loan Servtcer unrelated to a sale of the Note. If there IS a change of the Loan Servicer. Borrower will be given written notice oftbe change which will state the name and address of the new NEBRASKA-Sinsle Family-FannIe MaeIFrcddle Mac UNIFORM tNSTRU:\tENT I 2439.CV (11107) 4200244 (MERS) Form 3028 110 t (pag.. 6 al8 pages) Crealive Thinking. Inc. GOTO(oola6a89) cY