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~40UU9505 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; hate Charges and Funds far Taxes and Insurance or change the amount of such payments. Borrower Not Released; Forbearance By Lender Not a Waiver, hxtensian of the lime for pa}~ncnt or modification of amortization of the sums secured by this Security Instrument granted by hender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower ar Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason 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 remedy. Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The covenants and agreements of this Sectrity Instrument shall bind and benefit the successors and assigns of Lcndcr and Borrower, subject Co the provisions of section Citled Transfer of the Property or a Beneficial Interest in Borrower. Borrower's covenants and agreements shall be joint and several. Any person who ca-signs this Security Instrument but does not execute the Note ("Accommodation Signer"): (a) is co-signing this Security instrument only to mortgage, grant and convey that Accommodation Signer's interest in the Property under the terms of the Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without that Accommodation Signer's consent, Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximuan loan charges, and that law is finally interpreted sa that the interest or other lain 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 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. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge under the Note. Notices. Any notice to Borrower provided for in this Security Tnstrument 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 hender 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 far in this Security Instrument shall be deemed to have been given to l3orrowcr or Lender when given as provided in this paragraph. Governing Law; Severability, This Security Instrument shall be governed by federal law and the laws of the state of Nebraska. In the event that any provision ar clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not aflect other provisions of this Security instrument or the Note which can be given effect without the conflicting provision, To this end the provisions of this Security Instrument and the Note are declared to be severable. Borrower's Copy. Borrower shall be given one conformed copy of this Security Instrtment. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if' a beneficial interest in Borrower is sold ar transferred and Harrower is not a natural person) unless the Nate shows that Borrower's loan is assumable, hender may, at its option, require immediate payment in full of all sums secured by this Security instrwncnt. 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 Harrower's lawn is assumable, Borrower must obtain i..ender's written permission for an assumption and follow any other requirements of hender related to an assumption. if Borrower does not do so, bender may require immediate payment in full of all sums secured by this Security Instrument. a-~ zona-zno~i compliance sys,oms, inc. Harr-~c:an- zrnw.ns 3su Consumer Rcul E.c~~rtc - Sccunty Instrument DL2076 Poyro 5 of k www.compliancesystems.eem ~.. \~'~ \V