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201109588
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201109588
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Last modified
12/22/2011 8:41:33 AM
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12/22/2011 8:41:33 AM
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DEEDS
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201109588
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20110958� <br />any award or claim for damages that are attributa.ble to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied <br />in the order provided for in Section 2. <br />1 Z. Borrower Not Released; Forbearance By Lender Not a Waiver Extension of the time for <br />payment or modification of amortization of the sums secured by this Security Instrument granted by <br />Lender to Bonower or any 5uccessor in Interest of Borrower shall not operate to release the liability of <br />Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings <br />against any Successor in Interest of Bonower or to refuse to extend time forpayment or otherwise modify <br />amortization of the sums secured by this Security Instntment by reason of any demand made by the <br />original Borrower or any 5uccessors in Interest of Borrower. Any forbearance by Lender in exercising <br />a.ny right or remedy including, without limitation, Lender's acceptance of payments from third persons, <br />entities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be <br />a waiver of or preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower <br />covena.nts and agrees that Borrower's obligations and liability shall be joint and several. However, any <br />Bonower who co-signs this Security Inshument but does not execute the Note (a "co-signer"): (a) is <br />co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the <br />Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums <br />secured by this Security Instrument; and (c) agrees that Lender and any other Bonower can agree to <br />extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument <br />or the Note without the co-signer's consen� <br />5ubject to the provisions of Section 18, any Successor in Interest of Bonower who assumes Borrower's <br />obligations under this Security Instrument in writing, �nd is approved by Lender, shall obta.in all of <br />Borrower's rights and benefits under this Security Instrument Bonower shall not be released from <br />Borrower's obligations and liability under ttus Security Instrument unless Lender agrees to such release <br />in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lettder may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Insttument, including, but not limited to, attorneys' fees, property inspection and valuation fees. <br />In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific <br />fee to Bonower shall not be constnted as a prohibition on the charging of such fee. Lender may not <br />charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subj ect to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such loa.n charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Bonower wluch exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the <br />HCFG-00359 <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP� 08/11 <br />VVoltera Kluwer Flnancial Servicea 201112134.0.0.0.4002J20110B24Y Pege 11 oi 16 <br />5 <br />
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