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° , �• , � � 2U1UU9633 interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to exten.d time for payment or atherwise modify amortization of the sums secured by this Security Instrument by reason af any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by �,ender 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; Jaint and 5everal Liability; Accommodstion Signers. 7'he covenants and agreenients of this Security Ins�irwnent shall bind and benefit the successors and assigns af Lender and Borrower, subject to the provisions of section titled Transfer of the Property or a Beneficial Interest in Borrower. Borrower's covenants and agreements shall be joint and several. Any person who co-signs this 5ecurity Instrument but does not execute the Note ("Accommodation Signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey that Accommadation Signer's interest in the Prpperty under the terms of the Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instnxment; and (c) agrees that Lender and any other Borrower may agree to extend, rnodify, 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 maximum loan charges, and that law is finally interpreted so that the interest or other loan 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 Bonrower. Lender may choosa to make this refund by reducing the principal owed undear the Note or hy making a direct paynnent to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayxnent without any prepayment charge under the Note. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by deliverirtg it or by mailing it by first class mail unless Applicable Law requires use of anather method. The notice shall be directed to the Property Address oar any other address Borrower dasignates by notice to Lender. Any notice to Lend'er sha11 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 for in this Security Instrument shall be deenned to have been given to Borrower or Lender when giv�n as provided in this paragraph. Governing Law; S�verability. This Security Instrument shall be governed by federal law and the laws of the state of Nebraska. In the event that any provision nr 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. Ta this end the provisions of this 5ecurity Instrument and the Note are declared to be severable. Borrower's Copy. Borrower shall be given one conformed copy of this 5ecurity Instrument. Transfer of' the Property or a Bene�cial Interest in Borrower. If all or any part of the Property or any interest in it is sald pr transferred (or if a beneficial interest in Borrower is sold or transferred and Bprrower is not a natural person) unless the Note shows that Borrower's loan is assumable, Lender may, at its option, require immediate payment in full of all sums secured 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 NoCe shows that Borrower's loan is assurnable, Borrower must obtain Lender's written permission far an assumptian and follow any other requirements af Lend�r related ta an assumption. If Borrower does not do so, L�nder may require imm�diate payment in fult of all sums secured by this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice nf 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 delivered or ttaailed witk►in which Bort'ower must pay all suzr►s secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. Sorrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the 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 9ecurity Instrument; or (b) entry of a judgment enforcing this Security Instnunent. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and, the Nate as if.z�a accelerataan had occu�r�d; (b)-cures any defau�t of any other cav�n�ts �or agre�ments; (c) pays all expenses incurared in ea.aforcing this Security Instrument, inclixding, but not limited to, reasonable attnnneys' 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 to pay the sums secured by this Security Instniment shall continue unchanged. i7pon reinstatement by Borrower, this Security Tnstrument and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or $ 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 Instxument) may be sold one or more times withaut prior natice 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 Instrument. There also may be one or more changes of the Loan 5ervicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with the section titled Notices and Applicable Law. The notice will state the name and address of the new Loan Servicer and the m 2004-2009 Compliance Systems, Ine. 002D-498D - 20D9.12.368 Conaumer Real Eetete - Security Instrument DL2036 Page 4 oF6 www.compliancesystems.com