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2oiooo~s7 <br />0116650185 <br />l 1. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment in <br />full. This right applies even. after foreclosure proceedings are instituted. To reinstate this Security Instrument, <br />Borrower shall correcttheconditionwhichresultedintherequirementforimmediatepaymentinfull. Foreclosure <br />costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosure <br />proceeding shall be added to the principal balance. Upon reinstatement by Borrower, this Security Instrument <br />and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in <br />full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after <br />the commencement of foreclosure proceedings within two years immediately preceding the commencement <br />of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the <br />future, or (iii) reinstatement will adversely affect the priority of the Security Instrument. <br />12. Lien Status. <br />(a) Modification. Borrower agrees to extend this Security Instrument in accordance with this <br />Paragraph 12(a). If Lender determines that the original lien status of the Security Instrument is <br />jeopardized under state law (including but not limited to situations where the amount secured by the <br />Security instrument equals or exceeds the maximum principal amount stated or the maximum period <br />under which loan advances retain the same lien priority initially granted to loan advances has expired) <br />and state law permits the original lien status to be maintained for future loan advances through the <br />execution and recordation of one or more documents, then Lender shall obtain title evidence at <br />Borrower's expense. If the title evidence indicates that the Property is not encumbered by any liens <br />(except the First Security Instrument described in Paragraph 13(a), this Second Security Instrument <br />and any subordinate liens that the Lender determines will also be subordinate to any future loan <br />advances), Lender shall request the Borrower to execute any documents necessary to protect the lien <br />status of future loan advances. Borrower agrees to execute such documents. If state law does not <br />permit the original lien status to be extended to future loan advances, Borrower will be deemed to <br />have failed to have performed an obligation under this Security Instrument. <br />(b) Tax Deferral Programs. Borrower shall not participate in a real estate tax deferral program, <br />if any liens created by the tax deferral arc not subordinate to this Security Instrument. <br />(c) Prior Liens. Borrower shall promptly discharge any lien which has priority over this <br />Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured <br />by the lien in a manner acceptable to Lender; (b) contests in good faith. the lien by, or defends against <br />enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the <br />enforcement of the lien or forfeiture of any part of the Property; or (c) secures from the holder of the <br />lien an agreement satisfactory to Lender subordinating the lien to all amounts secured by this Security <br />Instrument. if Lender determines that any part of the Property is subject to a lien which may attain <br />priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. <br />Borrower shall satisfy the lien. or take one or more of the actions set forth above within 10 days of <br />the giving of notice. <br />13. Relationship to First Security instrument. <br />(a) Second Security Instrument. In order to secure payments which the Secretary may make <br />to or on behalF of Borrower pursuant to Section 255(i)(1)(A) of the National Housing Act and the <br />Loan Agreement, the Secretary has required Borrower to execute a Second Note and this Second <br />Security Instrument. Borrower also has executed a First Note and First Security Instrument. <br />(b) Relationship of First and Second Security Instruments. Payments made by the Secretary <br />shall not be included in the debt under the First Note unless: <br />(i) The First Security Instrument is assigned to the Secretary; or <br />(ii) The Secretary accepts reimbursement by the holder of the First Note for all payments made <br />by the Secretary. <br />First American Lnan Production Services Nebraska HELM Second Security Instrument <br />02008 First American Real Estate Solutions LLC <br />FALPS# NEIiRC.M2SIH-5 Rev. U3-14-UJ Page 5 <br />