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201201356
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201201356
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Last modified
3/7/2012 11:27:18 AM
Creation date
2/23/2012 10:29:30 AM
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DEEDS
Inst Number
201201356
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201201356 <br /> 12. 6orrower fVot Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> moclification of amortizarion of the sumt secured by this Security Instrument�anted bv Lender to Borrower <br /> or any Successor in Interest of Borrower shall not operate to release the liability of Borroarer or any <br /> Successors in Interest of Borrower. Lender shall not be requireci[o cominence proceedings against any <br /> Successor in Interest of Borrower or to rcfuse to extend time for pa}nncnt or otheranse modify unorrization <br /> �f the swns secured by this Security Ins�mnent by reason of any demand made by the original Borrower or <br /> any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy <br /> including, �vithout limitation, Lender's acceptance of payments from third persons, enriries or Succ�sors in <br /> Inferest of Borrower or in amounts less than the amomrt then due, shall not be a waiver of or preclude ihe <br /> �xercise of any right or remcdy. � <br /> 13. Joint and Several Liabiiity; Casigners; Successors and Assigns Bound. Borrower covenants and <br /> agrees that Borrowcr's obligations and liability shall be j�int and several. However, any Borro�ver w�ho <br /> co-signs this Security Tnstrument but does not execu.te the NoCe(a"co-sia ex"): (a)is co-signing flus <br /> Sccurity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under thc <br /> terms oF this Security�Instrumen� (b)is not peraonally obligated to pay the sums securec4 by this SACtaity <br /> Instnunent; and (c) agrees that L ender uid any other Borrower can a�,n ee to extend, modify, forbear or make <br /> any accommodations with regard m the t�nns of this Security Instrument or the Note without the co-si�ei s <br /> consent_ <br /> Subject to tlte prpvzsions of Seetion 18, any Successor in Interest of Borrower wko assumey Borrower's <br /> obligarions under this Sec�ity Instrument in writing; and is approved by Lender, shall obtain all of <br /> Borrowei s rights and benefiis under this Security InstrumenC Borrower shall not be released from <br /> Borrower's obligarions and liability under this Security Instrument unless I.ender agrees to such release in <br /> writing. 'I'hc covenants and a�eements of this Security Instnunent shall bind(except as provided in Section <br /> 20) and benefit the successors and assigns of Lender. <br /> 14. Loan Charges. Lender may charge Borrower fees for services perfonned in connection with I3onower s <br /> default, for the purpose of protecting Lendc;r's interzst in the Property a.nd.rights Lmder this Security <br /> I�strument, inclucling, but not lunited W, attorneys' fez,, properiy inspection and valuafion fees_ In xegard fo <br /> any other fees, the aUsenec of express authority in this Security Instrumeut to cliarge a specific fee to <br /> Borrower shall nOt be construed as a�rohiUition on the charguig of such fcz. Lender may not charge fees <br /> that arc expressly prohibited by this Security Instzument or by Applicable Law. <br /> If the Loan is suUject to a lau�which sets ma�num loan charges, and that law is finally interprered so thaf <br /> the 3nterest or other ktan charges collected or To be collected in connecfion with the I,ozn exceed ffie <br /> permitted lunits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the <br /> chazge to the pernut4ed liinit, and(b)any swns already collecYed from Borrower which exceedec7 permitted <br /> limits will be refunded to Borrourer. Lender may choosz to make flus refund by reducing the principal owed <br /> under the Note or by making a direct payment to Borrower. If a refund reduces princlpal, khe ieducrion will <br /> be treated as a parlial prepayinent without any prepayment chazge(whe[her or not a prepayment charge is <br /> pro«ded for under the Note). Borrower's acceptance of any such iefund made by dircct payment to <br /> Borrower�vill constitute a waiver of any nght of aclion Borrower inight have azising out of snch ovc'rcharae. <br /> 15. Notices. All notices given by Bonower or Lender in connection with.this Security Insfrument must Ue in <br /> writing. Any aotice to Bonoiver in.connection with ttus Security Instnuncnt shall be deemed to have been <br /> given to Boaowzr wAea inailed by first class mail or whcn.acivally delivered to Boaower s norioe address if <br /> s�nt by other means. Notice to any ona Borrower shall consfltute notice to all Bo�owers unless Applicabie <br /> I.aw expressly requires otherwise. The notice address shall be Thc Properry Addeeas unless Borrower has <br /> zsaooa�z <br /> NEBRHSKA-Single Famity-Fannie Mae/Reddie Mac ONIfORM INSTRUPd ENT Form 3028 t101 <br /> Vhi P�j V M1t Pb(NE)(1105) <br /> VJolters Kluwer Financial Services ?age 11 oi t� <br />
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