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� <br />201200��:� <br />Security Instrument, whether or not then due. "Opposing Pariy" means the third party that owes Bonower <br />Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous <br />Proceeds. <br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender' s <br />judgment, could result in forfeiture of the Properly or other material impairment of Lender's interest in the <br />Property or rights under this Security Instrument. Bonower can cure such a default and, if acceleration has <br />occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a <br />ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of <br />Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or <br />claim for damages that are attributable to the impairment of Lender' s interest in the Property are hereby <br />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 in <br />the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amorti7ation of the sums secured by this Security Instrument granted by Lender to Bonower <br />or any Successor in Interest of Bonower sha11 not operate to release the liability of Bonower or any <br />Successors in Interest of Borrower. Lender shall not he required to commence proceedings against any <br />Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amorti�ation <br />of the sums secured by this Security Instrument by re,ason of any demand made by the original Bonower or <br />any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy <br />including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in <br />Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the <br />exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and <br />agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />casigns this Security Instruxnent but does not execute the Note (a "co-signer"): (a) is casigning this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />tenns of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any other Bonower can agree to extend, modify, forbear or make <br />any accommodations with regard to the terms of this Security Instnunent or the Note without the co-signer' s <br />consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower' s <br />obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of <br />Borrower' s rights and benefits under this 5ecurity Instrument. Borrower shall not be released from <br />Borrower' s obligations and liability under tlus Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section <br />20) and Uenefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Bonower's <br />default, for the purpose of protecting Lender's interest in the Properly and rights under this Security <br />Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to <br />any other fees, the absence of express authority in this Security Instrument to charge a specific fee to <br />Borrower sha11 not be construed as a prohibition on the charging of such fee. Lender may not charge fees <br />that aze expressly prohibited by this Security Instrument or by Applicable Law. <br />8801145731 <br />NFBRASKA-Single Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS <br />VMP p <br />Woltera Kluwer Financfal Services <br />8801145731 <br />Form 3028 1/01 <br />VMPBA(N� (1105) <br />Page 1 of 17 <br />� �� <br />/ <br />� <br />