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201200506
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Last modified
3/7/2012 11:23:13 AM
Creation date
1/20/2012 8:49:30 AM
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DEEDS
Inst Number
201200506
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201200506 <br /> 12, Borrower Not Released; Forbearance By Lender Not a Waiver. �eCensiol7 c�f tho-tirnc fm�payi��cnt or <br /> inodification oF unor6izfltion oF the eLUns secured by this Security Tnetrnmerit g•�nted by Lencier to Borrower <br /> or any Successor in Interest of Borrower sha11 not oparate Co release the linbility oP Borrower or any <br /> Successors in Interast of Borrowcr. Lender shall not Ue required fo comtnence proaeedings against a�ry <br /> Sttccessor in Interest of 13orrower or Co raR�se tn exCend Lime Por payi2�ei�C or otiherwiao modify amortizxfi��t <br /> of d�e sums sccured by llus Security Inetrument by reason of any demend made by the oiiginal Borrower or <br /> any Successors in InteresY of Borrow�. 11ny Porbearaaice Uy Lender iu sxeroising wy right or remady <br /> including, without liinitation, Lcnder's acceptanco of payments fi'om third persons, entifies or Successors it� <br /> Intierest of Borrower or iu amountis lass Ch�n Che amolmE then due, shall not be a tuniver oP or preohide fhe <br /> exc��oisc o£any righl or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. F3orrower covenants uid <br /> �grees that Boccower's�obligahons �nd liability sha11 be joint and scvcral. iIowcvcr, any Borrowor who <br /> oo-signs this Security Ineh'ti�mcnk buti docR not execnte the NoCe(a"oo-signer"): (n) is ca-eigning this <br /> Security Instalunent only to moxtgage, grant�ud convey the co-signer's interest in the Property under the <br /> tenns of this Soourity Inslnunent; (b) is not parsonally obligated to pay�Uie smns secured by this Sectu'ity <br /> IneCnunent; and(o)agrees that l,ender and airy other 13orrc�wc�'can agrcc�to cztcnd, modify, forbcar or�naka <br /> any aocommociakions with re�ard to the tcnns oP til�is Secm'ity Inst�umenC or Cl�ie Nore v✓ithout the eo-signe4•'s <br /> consent. <br /> Subject to the provisions af Section 18, nny Sncoesear in Tnterest of Boreower wha assumes Borrower'a <br /> obligations undor this Security InsYrwnenti in writiing, and is approved Uy Lander, shall obtain all of <br /> Borrower's rights nnd bane�ts under this Secua�ity Inetr•umcrot. Borrowcr ehall noti bo rcicascd fi�on� <br /> Borrow€r's obligations aaid liaUility undcr this Scm�riey Insfrument uuless Lender agrees to suoh release in <br /> writing. The covenants and agi•ee�nents oP thie Security Instrame�it ah�ll bind{excapt as provicled in Seetion <br /> 20) aud Uenefit the successors end assigne of Lender. <br /> 1 d. Loan Charges. Londer inly charge Borrower fees for services parformed in comiection with I3on�ower's <br /> dofault, for Cha ptupose of protectiug Lender'e inte��est in the Property and righte uiide.r tihis Seourity <br /> Inshnment, including, bnt not limited to, attorneys' feea, prop�ty inspection and valuation fees. In regard to <br /> auy other fees, the absnnce oP express authoxity in tUie Security Instiwneuk to ehaage a specific fee to <br /> Borrowcr Fh�ll not be construed as a prol�ibition on the chargiiig of euch fco. l:onder�may not charge fee� <br /> that ue axpressly proh'rUited l�y this Swuxity Instrument or by Applicable Law. <br /> IP the Loan is subject to a law which seta n�aximum lonn ch�rges, and thnt law is finally interpreted so that <br /> 11�e inEerest or othcr]oan charges collected or to be colleeYed in comieetion with the Loaa�exeeed die <br /> permitted liiuits, fhen: (a) any such loaai chaaga sha11 be reduced by fl�o amount ncccssary to rcduce fhe <br /> charge to the permitted limit; and(b) any sums alrc�ady collecCed from BoTrower whioh excaeded permitted <br /> limits will be refunded to Borcowex. Lender may ohoose to rnake thie refund by reducing Yhe principal owed <br /> nnder thn Noto or by n�aking n direct pAyment tio Borrower, If a reftuid reduce5 pPincipal, the reduction Will <br /> be h'�ted as a partial prapayine��t��rifl�out u�y prc}�ayu�cut charge(whefher or not a prepayment cltuge is <br /> provided for wider the Notc). Borrower's acceptnnoe oP pny auch refunel made by direct payment Eo <br /> Borrower will conslitule a w�tiver of any right of acfion Borrower might have arising ont of such ovcrcharge. <br /> 15. Notiees. All notrccs given hy Borrower or Zender in wuneation wiUi fliis Security Inslsument inust be iu <br /> writing. Any uoCice to Borrower in comiection with thiy Security Instr�unent shall be deem�d ts�have becn <br /> giuen Uo Borxower when inailed by fiirst alass mail or whcn actually delivered Io Bonrower's nolioe addl'esa iF <br /> sent l�y other means. Notico k� any one Bon-ower shall coneLitute norice to a11 Barrowers lmless Appliceble <br /> Law expressly requires otherwise. The notice address shn11 be the Property Address wiless Borrotver has <br /> za0000�e <br /> N[82'vSKA-Single Fzmlly-Fannle Wee7Fretldle Ddac UNIFORM INSTRUMfNT Form 3028 1701 <br /> VP:7P� VMPB(NG (1105) <br /> WoltersKfuwerFinancinl6srvlaes P0.9e 1of1P <br />
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