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; , ..�.. �, �010�9�"�?� Unless L.ender 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; Late Chat�es and Funds for Taxes and Insurance or change the amount of such payrnents. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payrnent or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of 13orrower shall nol operate Co release the liability of the original Borrower ar Borrower's successors in interest. I.ender shall not hc required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify arnortization of the sums secured by this Security Tnstrument by reason of any demand made by the original I3orrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not he a waiver nf ar preclude the exercise of any right or remedy. Suecessors and Assigns Sound; 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 provisions of section titicd Transfer oF the Property or a Bene�cial Interest in Sorrower. Borrower's covenants and agreements shall be joint and several. Any person who co-signs this Security Instrument but does not execute fhe Note ("Accarnmadation Signer"): (a) is co-signing this Security Instrument only to rnortgage, grant and convey that Accommodation Signer's interest in the Property under the terms of the Security Instrument; (b) is nat personally obligated to pay thc surns sccured 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 Accomrnodation Signer's consent. Loan Charges. If the loan secured by this Security Tnstrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or othcr loan charges collected or to be collected in connection with thc 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 alteady collected from �3orrower which exceeded permitted lirnits will be refunded to Borrower. Lender rnay chonse to rnake this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, lhe reduction �+rll be treated as a partial prcpayment without any prepayrncnt charge undcr the Note. Notites. Any notice to Borrower provided far in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless Applicable Law requires use of another rnethod. The notice shall be directed to the Property Address or any other address Borrower designates hy notice to Lender. Any notice to I..ender shall be given by first class mail to L.ender's t�ddress stated herein or any other address I.ender designates by notice ta 13orrower. Any notice provided fot in this Security Instrument shall be deemed ta have been given to Borrower or Lender when given as provided in this paragraph. Governing Law; Severability. This Security InstrumenC shall be governed bq federal law and the laws of the state of Nebraska. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect 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. $orrower's Copy. Borrower shall be given one conformed copy of this Security Instrument. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of [he Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a nalural person) unless the Note shows that Borrower's loan is assurnable, Lender may, at its option, require immediate payment in full of all sums secured by this Security Tnstrument. However, this option shall not be exercised hy L,ender if exercise is prohibited by federal law as af the date af this Security Instrument. If the Note shows that Borrnwer's loan is assumable, Borrower must obtain I.ender's written permission for an assumption and follow any other requirements of L,endcr relatcd ta an assurnption. If Borrower does nof do so, Lendet may require immediate payment in full of all sums secured by this Security Instrument. If Lender exerciscs this option, I.ender 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 lhe notice is delivered or mailed within which Borrower must pay all sums sec;ured by this Security Instrument. If Borrower fails to pay thesc sums prior to the expiration of this period, Lender rnay invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have thc right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as Applicable Law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgrnent enforcing this Security Instrument. Those conditions are that Borrawer: (a) pays Lender all sums which then wauld be due under this Security Instrurnenc 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 pernutted by law; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instrument, I.ender's rights in the Property and Borrower's obligation to pay thc surns secured by this Security Instrument shall continue unchanged. Upan reinstatement by Borrower, this Security Instrument and the obligations secured hereby shall t'emain fully effective as if no acceleration had occurred. However, this P� 20�4-2009 Ck�mpGance Sy+tems, Inc. q021)-1+599 - 200).12.3fiR Consumer I2eal Estate - Securit lnxtrument UI203(i I'a +e 4 nf ( www.aum liam:es 'lcros.com .— _._,._.�__.............._ .................. Initial.�y��