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200907545
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Last modified
9/17/2009 3:06:17 PM
Creation date
9/17/2009 3:06:17 PM
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DEEDS
Inst Number
200907545
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200947545 <br />Borrower Not 12clcased; Forbearance Lay bender Not a Waiver, Extension of the time fur payment or <br />modification of amortization ofthe sums secured by this Security Instrument granted by [.,ender to any successor in <br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in <br />interest. !.ender shall not be required to commence proceedings against any successor in interest or refuse to <br />extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by <br />reason of any demand made by the original Borrower or Borrower's successors in intcrest. Any forbearance by <br />I,cndcr in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. <br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The covenants and <br />agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, <br />subject to the provisions of section titled Transfer of the Property or a Beneficial Interest. in Borrower. <br />Borrower's covenants and agreements shall be joint and several. Any person who co-signs this Security Instrument <br />but has no personal liability under the. Contract ("Accommodation Signer"): (a) is co-signing this Security <br />Inslrumcni only to mortgage, grant and convey that Acconnnodalion Signer's interest in the Property under the <br />terms of the Security Instrument; (b) is not personally obligated to pay the sums secured by this 5ccurity <br />Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear ar make any <br />accommodations with regard to the terms of•thrs Security Instrurneni or the C-ontract without that Accommodation <br />Signer's consent. <br />Loan C;harl;es, If the loan sccurcd by this Security Instrument is subject to a law which sets maximum loan <br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in <br />connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the. <br />an°unmt necessary to reduce the charge to the permitted limits and (b) any sums already collected from f3orrowcr <br />which exceeded pcnnitted limits will he refunded to Borrower. [.,ender may choose to make this refund by <br />reducing the principal owed under the Contract or by making a direct payrncnt to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment under the Contract. <br />Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it rn' by <br />mailing it by first class mail unless Applicable Law requires use ofanothcr method. The notice shall be directed io <br />the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be <br />given by tirsl class mail to Lender's address stated herein or any other address Lcndcr designates by notice to <br />Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or <br />bender when given as provided in this paragraph. <br />Governing I,aw; Severability. This Security Instrument shall be governed by federal law and the laws ofthc state <br />of Nebraska. In the event that any provision or clause of this Security Instrument or the Contract conflicts with <br />Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Contract which <br />can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the <br />Contract are declared to be severable. <br />Borrower's Copy. Borrower shall be given one conformed copy of this Security Instrument. <br />'1'ransfcr of the 1'ropcrty or a Beneficial Interest in Borrower. If all or any part of the Property or any intcrest <br />in it is ;old o:• transfa•rcd (or if a beneficial interest in Borrower is sold n: transferred and Borrower is not a <br />natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in <br />full of all sums secured by this Security Instrument. tlowcver, this option shall not be exercised by Lender if <br />exercise. is prohibited by federal law as of the date of this Security Instrument. <br />If L,endcr exercises this option, Lender shall give Borrower notice of acceleration. "1'he notice shall provide a <br />period of not Icss than the minimum number of days established by Applicable law from the date the notice is <br />delivered or niailcd within which Borrower must pay all sums sccurcd by this Security Instrument. If' Borrower <br />fails to pay these tiums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />a; ~.nnn..znna c„~„~r„~~~ Sytitcns, :oc. nvn-ss ir, zIX)~) o53so <br />c,~~„~~~„~•, e~•:~i r,~:~i~• - scewuy:nsmn„~~„ u:.)o,,n r„H~ n „r•r ,~ww.~unip~ltu,~osyvcniv.cun, <br />
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