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�d1��102v <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amortization of the sums secured by this S�urity Insmiment granted by Lender to Borrower <br />or any Successor in Interest of Bonower shall not operate to release the liability of Borrower or any <br />Successors in Interest of Bonower. Lender shall not be required to commence proceedings against any <br />Successor in Interest of Bonower or to refuse to extend rime for payment or otherwise modify amortization <br />of the sums secured by ttus Security Instivment by reason of any demand made by the original Borrower or <br />any Successors in Interest of �nower. Any forbearance by Lender in exercising any right or remeriy <br />including, without limitation, Lender's acceptance of payments from third persons, entities or Suc,cessors 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. Borrower covenants and <br />agrees that Bonower's obligations and liability shall be joint and several. However, any Bonower who <br />co-signs this S�urity Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this <br />S�urity Insm�ment only to mortgage, grant and convey the ca-signer's interest in the Property under the <br />terms of this S�urity Insmiment; (b) is not personally obligated to pay the sums se�ured by this Security <br />Insirument; and (c) agrces that Lender and any other Bonower can agree to extend, modify, forbear vr make <br />any accommodations with regazd to the terms of this S�urity Instrument or the Note without the co-signer's <br />consent. <br />Subject to the provisions of S�tion 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 />Bonower's rights and henefits under this S�urity Insm�ment. Borrower shall not be released from <br />Bonower's obligations and liability under this S�urity Instniment unless L.ender agr�s to such release in <br />writing. The covenants and agreements of this S�urity Insmiment shall bind (except as provided in Se�tion <br />20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for servic,es performed in connecrion with Bonower's <br />default, for the purpose of protecting Lender's interest in the Property and rights under this S�urity <br />Instrument, including, but not limited tq attomeys' fe,es, property inspection and valuarion fees. In regard to <br />any other fces, the absence of express authority in this Security Instrument to charge a sp�ific f� to <br />Borrower shall not be construed as a prohibition on the charging of such f�. L�nder may not charge fe�s <br />that aze expressly prolubited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that <br />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 reducefl by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Bonower which exceeded permittsd <br />limits will be refunde� to Bonower. I.ender may choose to make this refund by reducing the principal owed <br />under the Note or by malting a direct payment to Bonower. If a refund reduces principal, the reducl�on will <br />be treated as a partial prepayment without any prepayment charge (whether flr not a prepaymerrt charg� is <br />provided for under the Note). Borrower's acceptance of any such refund made by direct payment to <br />Borrower will constitute a waiver of any right of action Borrower might have arising out of such overchazge. <br />7 5. IVotices. All notices given by Borrower or Lender in connection with tlus Security Instrument must be in <br />writing. Any notice to Borrower in conne�tion with this 5ecurity Instrument shall be deeme�i to have been <br />given to Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if <br />sent by other means. Notice to any one Borrower shall constitute notice to all Bortowers unless Applicable <br />Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has <br />NEBRASKA-Single Famfly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwar Financial Services <br />Fom, soza �ro� <br />VMP8INE) �t 105) <br />Page 11 of 17 <br />,R <br />