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�o��o�oo� <br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend <br />or postpone the due date of the payments Payment of Principal and Interest; Late Charges aad Fnnda for <br />Tazes and Insurance or change the amount of such payments. <br />Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in <br />interest of Borrower shall not operate to release the liability of the original Borrower or Bonower's successors in <br />interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to <br />extend time for payment or otherwise modify amortizadon of the sums secured by this Security Instrument by <br />reason of any demand made by the original Bonower or Borrower's successors in interest. Any forbearance by <br />Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. <br />Successors and Assigns Bound; Joint and Several Liability; Accommodal3on Signers. The covenants and <br />agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, <br />subject to the provisions of section titled Transfer of the Property or a Beneficial Interest in Borrower. <br />Borrower's covenants and agreements shall be joint and several. Any person who casigns this Security Instrument <br />but does not execute the Note ("Accommodation Signer"): (a) is co-signing this Security Insttvment only to <br />mortgage, grant and convey that Accommodation Signer's interest in the Property under the terms of the Security <br />Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that <br />Lender and any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to <br />the terms of this Security Instrument or the Note without that Accommodation Signer's consen� <br />Loan Charges. If the loan secured by this Security Inst�vment is subject to a law wluch sets maximum loan <br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in <br />connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the <br />amount necessary to reduce the charge to the permitted limits and (b) any sums already collected from Bonower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by <br />reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment without any prepayment charge under the Note. <br />Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by <br />mailing it by first class mail unless Applicable Law requires use of another method. The notice sha11 be directed to <br />the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be <br />given by first class mail to Lender's address stated herein or any other address Lender designates by notice to <br />Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Bonower or <br />Lender when given as provided in this paragraph. <br />Governing Law; Severability. This Security Instrument sha11 be governed by federallaw and the laws of the state <br />of Nebraska. In the event that aay provision or clause of this Security Instrument or the Note conflicts with <br />Applicable Law, such conflict sball not affect other provisions of tbis Security Instrument or the Note which can be <br />given effect without the conflicting provision, To this end the provisions of tUis Security Instrument and the Note <br />aze declared to be severable. <br />Borrower's Copy. Borrower shall be given one conformed copy of this Security Instrumenk <br />Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest <br />in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Bonower is not a <br />natural person) unless the Note shows that Borrower's loan is assumable, Lender ma.y, at its option, require <br />immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be <br />exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If the Note <br />shows that Borrower's loan is assumable, Borrower must obtain Lender's written permission for an assumption and <br />follow any other requirements of Lender related to an assumption. If Borrower does not do so, Lender may require <br />immediate payment in full of all sums secured by this Security Instrument. <br />If I.ender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a <br />period of not less than the min;mum number of days established by Applicable Law from the da.te the notice is <br />delivered or mailed within which Bonower must pay all sums secured by this 5ecurity Instrumen� If Bonower <br />fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have <br />enforcement of this Security Insirument discontinued at any time prior to the earlier of: (a) 5 days (or such other <br />period as Applicable Law may specify for reinstatement) before sale of the Property pursuant to aay power of sale <br />contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instivment. Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument <br />a.nd the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) <br />pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' <br />fees to the extent permitted by law; and (d) takes such action as Lender ma,y reasonably require to assure that the <br />lien of this Security Inst7vment, Lender's rights in the Property and Borrower's obligation to pay the sums secured <br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument <br />and the obligations secured hereby shall remain fully effecrive as if no acceleration had occuned. However, this <br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a <br />Beneficial Interest in Borrower. <br />� 2004-2010 Compliance Syatems, Inc. EEOB-DBDA - 2010.03.378 <br />Consomer Real Eatate - Secucity Irehument DL2036 Pege 4 of 6 www,compl;encesyystema,com <br />