Laserfiche WebLink
201109471 <br /> 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> inodific�tion of ainortization of the suii�s secured by this Securii:y Instruinent gr�nted by Lender to Borrower <br /> or any Successor in Interest of Borrower shall r�ot operate to release the liabili'ty of Borrower or any <br /> Successors in Interest of Borrower. Lencler sh�ll not be required to corrunence�roceedings against any <br /> Successor in Interest of Borrower or to refuse to extend tiine for�ayinent or otherwise modify ainortization <br /> of the sums secured by this Security Instruinent by reason of any demand in�de by the o�iginal Borrower or <br /> any Successors in Interest of Borrower. Any forUearance by Lender in exercising any right or i•emedy <br /> including, without limitatioi7, Lender's acceptance of payineiits froin third persons, entiities or Successoi•s in <br /> Interest of Borrower or in ainounts less tlzan the ainotint theii due, shall not Ue a waiver of or preclude the <br /> exereise of any right or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenaiits and <br /> agrees that Borrower's obligations�nd liability sha11 be joint and several. However, any Borrower who <br /> co-signs this Security Instrumeilt but does not execLtte the Note(a"co-signer"): (a)is co-signing this <br /> Secttrity Instruinent oi�ly to inortgage, grant and convey the co-signer's interest in the Property uncler the <br /> terms of tliis Security Instnirnent; (b) is noti�ei•sonally obligated to pay the sums secured by this Security <br /> Instrulnent; and(c) agrees that Lender 1nd any other Borrower can agree to extend, modify, forbear or make <br /> any accoiruilodations with regard to the terms of this Security Instru�nen�or the Note witllout the co-signer's <br /> consenti. <br /> Sltbject to the provisions of Section 18, any Successor in Interest oF Borrower who �ssumes Borrower's <br /> oUligations under this Security Instrument in writing, and is approved by Lender, sliall oUtain all of <br /> Borrower's rights�nd beilefits uncler this Security Instruinent. Borrower shall not Ue released fi•oni <br /> Borrowai's obligations and liavilit'y under tlus Security IiYStrument ui�ess Leizder agrees to stiich release in <br /> writing. The covenants �nd agreeii7ents of this Security Instrlunent sh111 vind(except Rs provided in Section <br /> 20) and benefit the successors ancl assigns of Lender. <br /> 14. Loan Charges. Lender inay cllarge Boirower fees for services performed in connection witli Borrower's <br /> default, For the purpose of protectulg Lender's interest in tlie Property aild i•ights under this Security <br /> Instrument, including, vut not linuted to, attorneys' fees, property inspection and valultion Fees. In regard to <br /> any otlier fees, the aUsence of express authority in this Security Ii7strument to ch�rge a speci�c fee to <br /> Borrower shall t�oti be construed as a proliibition on the charging of such fee. Lender may not charge fees <br /> that are expressly�rohibited by tlus Security Instruzneiit or Uy Applicable Law, <br /> If'the Loan is subject to a law which sets maxiinurn loan charges, and that 1aw is finally intet•preted so th�t <br /> the ialter�st or other loan chas•ges collected or to be collected ii1 oomzection with the Loan exceecl the <br /> pernutted 1imi�s, then: (a) aX�y such loau charge shall Ue reduaed by the amount necessary to redtice tl�e <br /> cliarge to the permitted limit; asid(b) any sums alreacly collected fi�oiiz Borrower which exceeded permitted <br /> limits will ve refiuided to Borrower. Lender m�y choose to inalce this re£iuid Uy reclucing the principal owed <br /> tui�er the Note o�•Uy malcing a direct payment to Borrower, If a refund reduces principal, the reduction will <br /> Ue treated as a partial pre�ayment�vitihout any pre��yment charge(whether or not a prepayment charge is <br /> provided for under lhe Note). Borrower's acceptauce oF any sucli i'efutld inac�e by direct payment to <br /> Borrower will constitute�waive�•of aiiy righC of�ction Borrower might 11ave arising otitt of such overcliarge. <br /> 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br /> writing, Any notice to Borrower in comiection with this Security Instrtunent shall be deemed to have beeii <br /> give�i to Borrower wheia ia�ailed Uy first class mail or w11en�etually delivered to Borrower's notice acldress if <br /> sent by otlier ineans. Notice to asiy one Borrower sh�ll constituta notice�o a1I Bori•owers unless A�plicabl� <br /> Law axpressly rec�tiiiz�es otherwise. The notiee ac�dress shall Ue the Property Address unl�ss Borrower has <br /> 23123G <br /> NEBRASKA-SingleFamily-FannieMae/FreddieMaoUNIFORM INSTRUMENT �orm302II 1101 <br /> VM P OO VM P6(NE)(1105) <br /> Wolters Kluwer Flnancial Services Page T1 of 17 <br />