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201200618
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Last modified
3/7/2012 11:23:45 AM
Creation date
1/25/2012 10:12:45 AM
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DEEDS
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201200618
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201200618 <br /> any award or claim tor�ameges that are atuibutable m thi;impairment ofLe��der's interest in the Property <br /> are hereby asslgned and shall be paid to Lender. <br /> All Misccllaneous Proceeds klv2t are noC applied to reswration or replir of the Properry sl�all be applied <br /> in the order provided for in Section 2. <br /> 12. Borrower Not Released; Forbearance By Lender NoY a Waiver. Extension of[hc time for <br /> paymenY or moditication of amortization of th�;sums secured by tliis Securiry Instnunent granted by <br /> Lcndcr to Borrower or any Successor In Interest of Borrower shall not operate to release the liability of <br /> Borrower or any Succe:ssors in Interest ofBonower.Lender shall not be requixed[o commcnce proceedings <br /> against a�y Successor in Interest oF Borrower o�ro refuse to extend time for paymei�t or oCherwisc moclif'y <br /> amortization of the smns secured by this Security Instrumeu[by reason of any demaud made by the <br /> onginal Rorrower or any Successors in Interest of Borrower. Any forbearance by Lcndcr in exercising <br /> any right or remedy including, without limit2tion,Lendei s acccptance ofpayments from third persons, <br /> �utities o� Successors in Iuterest of Borrower or in amounts less than the amount then due, shall not bc <br /> a waivcr of or preclude the exercise of any rlght or rcmedy. <br /> 13. Joint and Severel Liability; Co-signers; Successors and Assigns Bound. Bonower <br /> covenants and agrees that Borrower's obligations and liabiliry shxll be joint and several. However, any <br /> Borrower who co-signs this Security Instrume�rt but does not execute the Note(a "co-siguer")_ (a) is <br /> co-siening this Securiry HvsUument only to mortoage, grant uid convey the co-sip�er's iuterest in Che <br /> Properry under thc terms of this Security Instrument; (b)is not personally obligated to pay the sums <br /> secured by fhis Seeuriry Instrument; and(c)a�cees that Lender and any other Borrower can agrce to <br /> extend,modify,forbear or make any aceommodations with regard w the terms of this Securiry Instrument <br /> or thc Notc without the co-signer's consent. <br /> Subject to the provisions of Section 1 R, any Successor in Interest of Borrower who assumes Borrowzr's <br /> obligations u��der this Securiry Instnunent in writi�g,and is approved by Lender,shall oblilin all of <br /> Borrowcr's rights and bcnefits under tl�is Seci�riry Insvumcnt. Bonower shnll not be released from <br /> Borrower's obligations and liability under this Securlty InsCrument unless Lender agrees to such release <br /> in writing. The covenants and agreetnents of thi5 Secmiry I�istniment shall bind (except as provided in <br /> Section 20)and bencfit the successors and assigns of Lender. <br /> 14. Loan Charges. Lcnder may chazge Borrower fees for scrvices performed in connection with <br /> Borrower's default,for the purpose of protecting Lender's interest in the Property and rights undar this <br /> Sccunty fnstrument,includuig,but not limited to,attorneys'fees,property inspection and vah�atiou fees. <br /> Li regard to any other fees,the absence of express azitlionty in thie Securiry Listrument to charge a specific <br /> fee to Bocrower shall not be construed as a prohibi[ion on the charging of such fee. Lendcr may not <br /> charge fees rhat are expressly prohibitcd by this Securiry Instnunent or by Applicable I,aw. <br /> If the Loan is subject to a law wluch 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 rhe <br /> permitted limits,then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br /> charge to the permitted limit;uid(b)any sums already wllected from Borrowec�vhich excecded pennitted <br /> Innits will be refunded tn Borrower. Lender may choose to make this refuod by reducing the principal <br /> owed under the Note o�by making a dim�ct paymcnt to Borrower. IF a refund rednces principal,the <br /> 1110335338 <br /> NEBRASKA-Singie Family-Fannie Mae�FreGdre Mac UW FORM INSTRJMENT Porm 30281/01 <br /> osn o <br /> VMP@� �� <br /> WaltersKluwerFlwnclol5nrvses 2�12D11&10.OQ4002J20'Ii�209V Inidal'- f' 1 PagelloM <br /> !IIIIIII III{II IIII NII I III I III I IIi���l I11�������I���IIII IIIII IIIII IIIII IIIII IIIII IIII IIII <br />
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