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<br /> � Borrawer and Borrower's sur,cessors in intcrost. Lender shall not be reqwrefl to commence proc�dings against such succe.ssor (` . .' • • -
<br /> + or may refuse to extend time for payment or otherwise modify amorti�atioa of the swns secured by this Socurity Insuument by ` '
<br /> � reason of an demand made the ori y y � '
<br /> i Y b}+ ginal Borrower and Borrower's successors in interest. An forbeazaace b Lender on ; • `
<br /> one or more occasions in exercising azry right or remedy hereuader, or otherwise affarded by applicable law, sha11 not be a ` � - -. ,— -
<br /> ,� waiver of or preclude the later execeise of that or any other right or remedy. . .
<br /> Lender may accept partial payments from Borrower, without waiving or forbearing any of iu rights under this ' ' �
<br /> jSECUriry tnstrument or under the Note even if such payments are notated as a payment in full, or with a notaaon of similar • • : " -
<br /> � meaning.
<br /> 13. Successors and Assigns Bound; Joint and Several LlabWty; Stgners. The covenanu and agreemeats herein � � ,
<br /> contained shall bind, and the rights hereunder shall ia�ue to, the respective sucoessors and asaigns of I.ender and Borrov�er, � . `Y . ��'T� ' ,.
<br /> su b'ea to t he rovisions o f Paza . ``�;��'�:.
<br /> � p p,�aph 17 hereof. All covenants and ag�eements of Borrower shall be joim and several. Any -
<br /> Borrower who signs Wis Security Instrumsnt, but does not execute the PIote: (a) is signing this Security Insnwnent only to .•aa�`�� . �`
<br /> � mortgags,gsant and convey that Borrower's interest in the Property to Lender under the terms of[his Sa�rity Insuument,(b) � "`�'-`
<br /> is nat personally liable on the Note or under this Security Instrumant,and(c)agrers that Lender and any other Borrower may , •x�.`�
<br /> � a to extend,ffiodi forbear or make an accommodations with ty �
<br /> .� S►'� $+. Y regard to the terms of this Securi Inspument or the Note , . ,���-���
<br /> without that Borrower's consent. .�,�
<br /> � 14. Nottce. Except for auy nouce required under applicable law to be given in another manner. (a) any notice to ;; -. . �� �;,��
<br /> ; Boaower provided for in this Security Instrume�t shall be given by deliver►ng it or by mailing such nodce by first class mail •�'��=i-�-=
<br /> � addressed to the Property Address or to such othsr address as Eorrower may designate hy norice W Lender as provided he�;� � � -,�.��—
<br /> and(b)an notice to I,eader shall be y �'—"-
<br /> ; y given b first class mail to I.ender's address stated herein or to such ather addre�s as , . .;:�r�;�•
<br /> e;
<br /> i Leader may designate by nodce to Borrower as provided hezein.Any notice pruvided for in this Securiry Insuument shall be ; , _�
<br /> � deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br /> 1S. Gove�ing Y.aw;Sevaability.The state and locat laws applicable to this Security Insuuinent sh�11 be the laws of the , _• ��� :
<br /> jurisdicdon in which the Properry is located. The foregoing senteace sLall not limit the applicability of federal law to this -� r �
<br /> Security Instrument.In the event that any provision or clause of this Security Ius�ument or the Note conAias with applicable •:�• �� �' �.
<br /> law, sucb canflict shall not affecx other provisions of this Secnairy Insm�ment or the Note which can be given effect withaut '• ' �-
<br /> the conflicting provision,and to this end the provisions of this Security Instrum�at and the Plote are declared w be severable. .
<br /> As used herein, "wsts.' 'expenses" and "attorneys' fee.s" include all sums to t�e extent not prohibited by applicable law or 'i`; � �.�i ��s"
<br /> Ilmited herein. . . . r c,�
<br /> 16. Borrowez's Copy. Bormwer shall be fivaished a copy o€the Note and of this Security Insuument at the time of , �'� �'.��`
<br /> - exec�tuon or after recordation hereof. . _. ".' �`. - '''+"..
<br /> a.�
<br /> ' '�'�',: 'y� ,�+�t'::. -.
<br /> 17. 'l�ransfer of t�e Peoperty or a Beaeficial I�terest iu Borrower.If aU or any part of the Property or suy interest in it .._:�.�':�' ' "":Y, .
<br /> is sold or transferred (or if a beneficial interest in Bornower is sold or transferred and Borrower is noi a natural person) ;��
<br /> without Lender's prior written consent. Lender may,at its option,require immrdiate payment in full of all sums secured by �" �''�
<br /> this Security inctr��m�.+t.Howevet,this opdon sliall not be eae�ised by Lender if exercise is prolribiud by federal law as of � "��',*' �.�
<br /> the date of this Security Instrument. ;s ��,; -�,..�
<br /> �--.�
<br /> . If Lender exerclses this option, Lender shall give Boaower aotIce of acceleration.The nodce shall pmvide a petiod �. ' : � - �
<br /> of not less than 30 days from the date the aotice is delivered or mailed withia wluch Borrower must pay all sums secured by ���"'�"�`--°
<br /> tbls Securt Instrument.If Bonower fails to '�'���
<br /> tY pay these sums prior to the exgiration of this period. Lendet may invoke any . �,,,,� ,�;��yN,-�.
<br /> remodies permiued by tLis Secnrity Insavment without funher norice or demand oa Boaower. .,. ��..
<br /> 18. Acceleratlon; Remedies.Except as provided in Paragraph 17 hereof,upon Borrower's brearb of any covenaat or ` . —_-- -
<br /> � • agreement of Borrower in this Security Instrument,ir_cluding the covenants to pay when due any sums serund by 4his Se�urity
<br /> Instrament,Lender prior ta acceleration shall give a�tice W Borrower as provided in Faragraph 14 hereof specifying:(1)the ,:;�:�:�: �
<br /> breac�; (2)the actioa iequired w c�ue such br�s; (3)a date,not less than 10 days from the date the notia is mailcd to • - l
<br /> Borrower,by whicL such bmacb mast be cured;and(4)that failure to aue such breach on or before the date spe�ified in the - . �� � __
<br /> ` ��. ..
<br /> notice may res�ilt in acceleration o�n*r: sums secured by this Seasity Insnum�nt, foreclosvre by judicial proceeding or . ,��i:� .�_
<br /> advertisement and sale of the property. � , • . ,
<br /> The notice sha�€�rther inform Boaower ef the right to reinstate after acceleration and the right to bring a court • ' �: r°
<br /> � actlon or to assert ia the jLdicial pmreeding the na�.existence of a bneach or any other defense of Botrower to acceleration aad � �. � �
<br />:1 foreclosure.If the breach is not c�u�ed on or before the date specified in the aotice,Lender.at I.ender's option may declzre all � . ,
<br /> � of the su�Fecured by thia Security Insuument to be immediateiy due and payable without further demand aad may ferorJ_ose
<br /> this Secdcc� ,m. t by judicia]procoeding or invoke tha poR.r of sale herehy granced and any other��ies permitted
<br /> � by applieable law.L,en��z shall be entitled to collect all expenses of foreclosccr�,i�.:ading,but noi limited:o,court costs,aad •• � . •
<br /> � costs of documentary er:dence. abstracts and title reports, even if the br:.� is cured prior to tLe wffipletion of any . _ � . ,: '.
<br /> foreclosure.
<br /> ' NEBRASKA C�D OF TRUST�s�o��Original - Record �
<br /> ' M003-SNE page B o�7 0086320033 �
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