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� t � � d • „ � � �• IW V �� V �� interest. Lender shall not be required to commenc� proceedings against any successor in interest or refuse to extend titne For payment or otherwise xnodify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Sorrower or Borrower's successors in interest. Any farbearance 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 Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisians of section titled Transfer of the Property or a Bene�cial Interest in Borrower. Borrower's covenants and agreements sha11 be joint and several. Any person who co-signs this Security Instrument but does not execute the Note ("Accommodation Signer"): (a) is co-signing this 5ecurity Instnunent only to mortgage, grant and convey that Accommodation Signer's interest in the Property under the ternts of the Security Instnunent; (b) is not personally obligated to pay the sums secured by this Security Instruxnent; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or tt�ake any accommodations with regard to the terms of tlus 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 maximum loan charges, and that law is fmally interpreted so that the interest or other loan charges collected or to be collected in ___ .coru�,ectiaz� with the laan exceed the permiited limits, then: (a) any sucl� laan charge shall be reduced by the amnunt 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 Bonower. If a refund reduces principal, the reduction will be treated as a partial prepaynnent without any prepayment charge under the Note. Nodces. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by — ... _. mailing it by first class maiI unless Applacali7e Law e�yuires use of another method. 'Fhe no�ice shall be directe to the Property Address ar any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address I.ender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower 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 or clause of this Security Insttument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this 5ecurity Instnunent or the Note which can be given effect without the conflicting provision. Ta this end the provisions of this 5ecurity Instrument and the Note are declared to be severable. Borrawer's Copy. Borrower shall be given one conformed copy of this Security Instrument. Transfer of the Property or a Bene�cial Interest in Borrower. If all ar any part of the Property or any interest in it is sold or transferred (ar if a beneficial interest in Borrower is sold or transferred and Sorrower is not a natural person) unless the Note shows that Borrower's loan is assumable, L.ender may, at its option, require immediate payment in full of all sums sectu'ed by this Security Instrument. 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 Borrower's lpan is assuxnable, Sorrowe� must obtain Lender's written perinission for an assumption and follow any other requirements of Lender related to an assumption. If Borrower does not do so, Lendsr may require immediate payment in full of all sums secured by this Security Insmiment. If I,ender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than the minimum number of days established by Applicable Law from the date the notice is deliveted or mailed within which Borrower must pay all sums secured by this Security InsUument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies pernutted by this Security Instrument without further notice or demand on Borrower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Tnstrument discontinued at any ti�ne prior to the earlier af: (a) 5 days (or such other period as Applicable Law may specify fpr reinstatement) before sala of the Property pursuant to any power of sale — -.. . __ _ �nstrurnent; or (b� t�y of a ju�ent , �n€v�eing- fi�s�ee� ��nt—Tkiose . conditions aa'e that Borrower: (a) pays I.ender all sums which then would be due under this Security Insm�ment 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 to the extent permitted by law; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation ta pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligations secur�d hereby sha11 remain fi�lly et�ective as if no._accelex�tion had occurred. However, this right to reinstate shall not apply in the case oF acceleration under the section titled Transfer of the Property or a Bene�cial Interest in Borrower. Sale of Note Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects periodic payments due under the Note and this Security Insttument. There also may be ane or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a chan�e af the Loan Servicer, Bortower will be given written notice of the change in accordance with the section titlad Notiees and Applicable Law. The notice will state the name and address of the new Loan Servicer atad the � 2004-2009 Compliance 5ystans, Inc. 002D-992D - 2009.12.368 Cottisumer Resl Eatatc - Sxurity Instnunent DL2036 Page 4 af 6 www.eomplisncesystems.eom