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201008447
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Last modified
11/12/2010 3:23:43 PM
Creation date
11/12/2010 3:23:42 PM
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DEEDS
Inst Number
201008447
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f►•II�[III�:��yl <br />acxeleration has occurred, reiinstate as provided in Sectian 19, by cawsing the action or procaeding tp be <br />dismissed with a niling Chat, in �.ender's judgment, precludes forfeiture of the Property or otl�r material <br />i;mpairn�ent of Lendcr's int�st in the Property or rights under this Security Instnunent. The proceecis of <br />any award or clairn for damages that are attnibutable to the impairment of �er's interest in the Property <br />are hereby assigned and shall be paid to L,ender. <br />All Miscellaneous Proceeds that ara not applied to restaration or repair of the Property shall bc <br />applied in the order pmvided for in Section 2. <br />1Z. Borrow� NM Relea�tl; Forbe�rance Sy L�der Not a Waivcr. Extension of the time for <br />payment or modi�cation of amortizati�on of the surns se�u� by ttus Security Insriument granted by Lender <br />to Bonrovver or any Sucr�essor in Intereat of Horrower shall not apemte ta release the liability of Horrower <br />or any �ccessors in Intenest of Bornnwer. Londer shall not be required to como�e proceedtnigs against <br />any Succ�ssor in Interest of Borrowsr ar W rePuse to extend Wne for paym�t or ntherwise modify <br />amarti�atian of ther sums secured by this Security Inatrument by reason of any demand �aaade by the original <br />Borrower or any Successors in Interest of Borrovver. Any forbearance by I.eadcr in exercising any right or <br />remedy including, vc+ithout lirnitation, Le�uder's aCCeptance of payments from third persons, �ntities or <br />Succassors in Interest of Harrowwerr or in amounts less than the arnout�t then due, sball nc�t be a waiver of or <br />preclude the ezercise of any r��b,t or remedy. <br />13. Joint and Several LiaMlity; Ca�igi�rs; Succe�eor� and Ae�s�ns Bound. Borrower covenants <br />and agre�s that Sorrower's obligations a�ud liability ahall be jnutt and several. Howevpr, any Borrower who <br />co-signs this Security Instrurn�t but does not Bxecute the Note (a "co-signBr"): (a) is oo-signing this <br />Secunity Instna�n�nt on�ly to mortgage, Srant anad convey the co-sign�r's interest in the Property under the <br />terms of thia S�curity Instrument: @) is not personally obligatad W pay the sttms secure� by this Secuz�ity <br />Inatrument; and (c) agrees that Le�der anci any other Horrower can agree to cxtcnd, modify, forbear or <br />make any accommodations with regard to the torms of thia Se�urity lnswme�t or th� Nate without the <br />co-aigne 's con�ent. <br />Sr�bject to the pmvisions of Section 18, any Succe�or in Int� of Borrower who assurnes <br />Borrower's obligations under ttus Security Iastrumait in writing, and is approved by I.ender, shall obtain <br />all of Borrovver's rights and be�fits under this Security Instnim�ent ao�� �r �t � n1�a �m <br />Borrov�r�g pbY�ga�ons ana i�abil�ty u�x this se�r;ty Insaum�ent unless L.�er agr�s to au�h release in <br />writing. 'The covenatrts and agreements oF this Security Instrurr�ent shall bind (exc�t as provided in <br />S�tion 20) and beuefit the succe�sora and assigns of L+cnder. <br />14. Loau Charges I.eader may charge Borrower fees for services perforxt�ad in connection with <br />Borrovver's default, for the purpoee of prote�ting L�nder's interest in the Property and rights under this <br />Sacurity Instrumsnt, including, but not limited to, attorneys' fees, property in�ped�ion and valuation fees. <br />In regard to any other fees, t�e absence of cxpress authority in this Security Inshiunent W charge a speci�c <br />fee to Bornower ahall nnt be constnied as a prohibition an the charging of such fee. L�nder may not charge <br />fees that are expressly �rohi�bited by this Security Inst�u�ment or by Applicablc Law. <br />If the Laam is snbject to a law which aets m3ximum loan charges, and that law is finally interpreted so <br />that the interest oc other loan chargas collected or to be collxted in connectian with the Loan ea�ceed the <br />permitied limits, tben: (a) any such loatx charge sball be reduced by the amount t�cessary to reduce the <br />char�e to the per�,ittad limiC; ana (b) any sums alreaay collectea from Horrower which exceeded �rmitted <br />limits will be refunded to Borrawer. I.ender may choose ro ma� this re�d by re�ucing the principal <br />owed under the Note ar by making a direct paywant to Borrow�r. If a refund reduces principal, the <br />rcdt�ction will be treated as a pattital prepayment without anY P�P�Y� �Se (wh� or not a <br />prepayment c�ar$e is provided for undcr the Note). Borrower's acccptan�x of any such refiuid made by <br />direct payment ta B�rrovu�r will conatitute a waiver of any right of action Borrower mcight have arising out <br />of such pvercharge. <br />iS, Nadacs. All natices given by Horrov�er or I+ender in connection with this Secudty Iasnvment <br />tnust be in wciting. Any �tice to Borrower in con�ection with this 5ecurity In�u�ent shall l� dee�med to <br />have be� given to Borrower vvhen mailed by first class mail or whes� actually delivered to Borrower's <br />notice address if sent by other means. Notice to a�y one Borrov�r shall oonstitutc notice W all Borrvwers <br />unlcse Applicable La�av eyrp�sly requires otherwise. The notice addx+ess shall be the PrapeRy Address <br />unlsss Borrower has d�ignated a suba�,itute notice address by notice to I.exider. Borrowor ahail promptly <br />notify Lender of Bormwer's change of eddress. If Lender �pecifias a proce�ure for r�porting Borrower's <br />ahange of address, then Bormwer shall oNy report a change of address through tlyat apecified procedure. <br />NEBRASKA - Sinple Family - F�rml� M�/Fraddi� pMic UNIFORM MISTRUM�NT <br />�-8(NE) �os� i� �• �o o� �e i�c�.: Form 302a 1/01 <br />
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