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� W �' � � <br />Borrower and l.,ender otherwise agree in writing or unless Applicable I,aw otherwise provides, the procccds ahall <br />bc applied to the sums secured by this Securiky Jz�struinerit whether c�r not the sutY�s �►z�e tlien due. <br />If the I'roperty is abandaned by [3nrrower, or if, after iiotice by Lender tc� Borrower tkzat tlie condemnor offera to <br />make az�. award or settle a claim li�r damages, F3orrower fails ta respond to Lender witt�in tlie minimuni number of <br />days established by Applicable I.aw after the date tlie notice is given, I�ezader is authorized to �;ollcct �nd apply tlie <br />�roceeds, at its option, either to restoration or repair of thc Property or to the suzt�s Gecured by tliis Security <br />[zlstrument, whether or not then due. <br />Unlcss Lender and F3orrower otherwise agree in writing, any application of proceeds to principal shall �1ot extend <br />or postpone the due date of thc payments due under tl�e Contract or change the amount of such payrnents. <br />Borrower Not Relensed; Forbearance 13y Lender Nnt fl Waiver. Extension of the time lor payment or <br />modification of amortization of the sums securecl by tliis Security In�trunie��t granted by Le.nder to any succe�so�� in <br />interest of Borrower shall nat operate to release the liability of the original F3orrowea� or Borrower's successors in <br />in(eretit. Lender shall not be required to commence proceedixigs agaii�st any successor in interest or refi►se to <br />extend time fi>r payment or otherwise moaify amorCization of the sums secured by ttzis Security Instrument by <br />reason of a�iy denian�l made by the ori�;in�il I3orrower or Borrower's successors in interest. Any ti�rbearance by <br />Lender in exercising any right or reanedy sh�tll t�ol be a waiver of or preclude the exercise of any ri�hk o�' rezneciy. <br />Successows s�nd Assigns Bo�aa�d; Joint and Several Li�bility; Accommodation Signers. 'The covenants and <br />a�rcements of ttais Security Instrument shall bind �nd be»e�t tl�e successors ai�d assi.gns of Lei�der and Borrr>wer, <br />subject to the provisions of section tiCled Tr�nsfer of the Property or a l3e��ei'icial Interest in Sorrower. <br />I3orrower's covenants znd agreements shall be joint and several. Any person who co-signs this Security Instrumcnt <br />but has no per;;onal liability ut�det' the Cot�.tract ("Accotltmod�jfion Signcr"): (a) is co-signii�� this 5ecua'ily <br />lnstniinent only to mortgage, �rant and convey that AccoiYUnodation Signer's iirterest in the Property under the <br />terms of the Security Iz�struixient; (b) is not personally obligatcd to pay the sums secured by tliis Security <br />Instrument; and (c) agree� that Lender and any other k3orrower inay �gree to extend, rnodify, Forbear or make any <br />accoxnz��odations with regard to t:lie tenns of this Security I�lstrument or the Cc�ntract withnut that Accomrr�odatio�� <br />Signer's cons�nt. <br />I�ua�i Cl�arges. If tlie ]oan secured by this Security Instrument is subject to a law which scts maximwn loan <br />charges, and thal l�jw is linally interpretcd so that the interest or other loan charge� collected or to be collected iza <br />cozineckiorz witlz tl�e loan exceed lhe pertiiilted limils, then: (c�) any such loan charge shall be rcduccd by the <br />amount neceesary tv recluce tlte char�c to the pennitted limits and (b) any sums already collected from l3orrower <br />WIllCIl exceeded pertnitted li�nitti will be refunded to Borrower, l,ender may choose to rnike tlais refurtd by <br />reducing the principal owed under the Contract or by makiiig a direct payrnent to Borrower. If a rel'uiid reduces <br />principal, fhe reduction will be treated as a partiat prepay►nent under t}ae C,'ontract. <br />Notices. 11ny notice to Borrowcr provided fbr in tliis Security ln5trument shall be given by deliverin� it or by <br />niailiiig it Uy �rst class maiT unless npplicable Law requires use of another n�ethod. "The notice sl�all be directed to <br />the Property Address or any otlier address Borrower designates by notice to Lerider. Any z�otice to Leizder sl�all be <br />�'1Vell b}� �lfSt CI155 I1131I t0 T, ezide��'s address stated herei�� or auy otk�er addreas I,ender detiignates by notice to <br />Borrawer. Any notice provided li�r in this 5ecurity Instrument shall be deemed to have been given to Borrower or <br />Lender when given as provided ii7 this paragraph. <br />Gove��ning Law; Severability. This 5ecurily Instnunenl sl�all be governed by fedez�al 11w �nd tl�e 11ws of the stlte <br />of Nebraska. lxx tlze ever�t that �ny provision or clause of this Security lnstrim►ent or tlie Contract carillicts with <br />Applicable Law, such conllict shall ►1ot a{'f:ect other provisions of this Securiry Instruitaeait or the Contract which <br />can be given efFect without the conflicting provision. 'I'o tlai� ex�d the proviaions of this . Security Instrutnent and the <br />Contrlct are declared to be severable. <br />Sorrower's Copy. Borrower shall he given one conformed copy of this SecuriCy Instrument. <br />Transfer of the 1'roperty or a Bene�cial �nterest in Borrower. If all or any part of the Property or ai�y i��terest <br />in it is sold or transtcrred (or if a benelicial interest in Rorrower is sold or transferred �nci Bc�rrower is ni�l. a <br />natural persoii) wilhout I.,ea�dea�'s prior written cc>nsent, Lender may, at its option, z�equire i►nrnediate ��ayment in <br />tull of �ill surns secured by ttzis Security Instrwnent. However, this option shall r.�ot Ue exercised by I.�ender if <br />exercise is prol�iUzted by federal law as of the date af this Security I.nstnu��ent. <br />lf Lender exercises tf�is opticm, Lender shall give Borrower notice of accelcration. The notice shall provide a <br />peric>d of nol less tlian ttze miniznuz�� number of clays establislied Uy Applicable I�aw from the datc the iiotice is <br />delivered or mziled within which B<7rrower musC pay all suitis secured by this SecuriCy Iristrument. lf I3orrower <br />fails to pay t}�ese sums prior to the expiration of this period, Lender may invoke any remedies �crmitted by this <br />Security Inst� without furfher notice or deii�azzd oz� Borz�ower. <br />Borrower's Right to Reinstate. lf Borrower meets certaiz� conditic�ns, Borrower shall have the right to have <br />enf��rcemenl of tl�is Security Iz�st�un�ent disc;antinued at aiiy ti�ie �rior to the earlier of: (a:) 5 days (or tiuch other <br />period as A��pliclble I,aw may specify lor reinst�tement) before salc� af the Property purGUant to any power o.f sale <br />cor�tai�aed in lhis 5ecurity lnstrumea�t; or (b) entry of a judgine��t ent<7rcing this Security laaatrum�nt. Those <br />coi�ditior�s are that Borrower: (�) pzys I,ender all sums which tlien would be due under t}iis Security Instrument <br />and tk�e Cc�ntract as if no accele►�ation had occurred; (b) ct�res any default of any other coveziants or a�rcements; (c) <br />pays all expenses in�urred in enforcing tliis Security Iiistrument, including, but not limited to, reasoxaable atton►eys' <br />fees to the extent perrnitted by law; and (d) takes sucla action aa Lender may reasonably require Co assure that the <br />lien of tlais Security Instrument, l.e��der's ri�hts in the Property atad k3orrower'� obligatioza to �ay the sinns secureci <br />�t? 20M•2010 Complianct tiystems, Inc EEOII•DR76 - 2U 10.03378 <br />C'onsumer Rcal Esl�lc - Steurity Inslrument UL20�C I's�,e .i nf 5 �v�v�v,romplianccsystcros.com <br />