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201201011 <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 /> 12.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 Borrower or any Successor 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 Borrower or to refuse to extend time for payment or otherwise modify <br /> amortization of the sums secured by this Security Instrtunent by reason of any demand made by the <br /> original Borrower or any Successors in Interest of Barrower.Any forbearance by Lender in exercising <br /> any right or remedy including,without limitation,Lender's acceptance of payments from third persons, <br /> entities or Successars in Interest of Borrower 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.Boreower <br /> covenants and agrees that Borrower's obligations and liability shall be joint and several.However,any <br /> Borrower who co-signs this Security lnstrument but does not execute the Note(a"co-signer"):(a)is <br /> co-signing this Security lnstrument only to mortgage,grant and convey the co-signer's interest in the <br /> Property under the terms of this Security lnstrument(b)is not personally obligated to pay the sums <br /> secured by this Security lnstrument;and(c)agrees that Lender and any other Borrower 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 consent. <br /> Subject to the provisions of Section 1 S,any 3uccessor in Interest of Borrower who assumes Borrower's <br /> obligations under this 9ecurity Instrument in writing,and is approved by Lender,shall obtain 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 this Security Instrument unless Lender agrees to such release <br /> in writing.The covenants a�d agreements of this Securiry Instrument shall bind(except as provided in <br /> Section 20)and benefit the successors and assigns of Lender. <br /> 14.Loan Charges.Lender may charge Borrower fees for services perf'ormed in conuection with <br /> Bonower's default,for the purpose of protecting Lender's interest in the Property and rights under this <br /> Security Instrument,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 Borrower shall not be construed 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 subject to a law which sets maa:imum 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 loan charge shall be reduced by the amount necessary to reduce the <br /> charge to the permitted limit;and(b)any sums already collected from Borrower which 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 /> reduction will be treated as a partial prepayment without any prepayment charge(whetlter or not a <br /> prepayment charge is provided for under the Note).Borrower's acceptance of any such refund made by <br /> 1165950510 <br /> NEBRASKA-Single Family-Fannia Mae/FreAdie Mac UNIFORM INSTRUMENT Fortn 30281/07 <br /> 09/10 <br /> VMP� �[/_�� <br /> Wolters Kluwer Financial Services 201202014.0.0.0.4002-J20110209Y Initisls:�_ Pege 11 of 16 <br /> ' D11659505101123' <br /> IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br />