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201201565
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Last modified
3/7/2012 11:28:13 AM
Creation date
2/29/2012 11:13:08 AM
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DEEDS
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201201565
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201201565 <br /> 12. 6orrower Not Released; Forbearance By Lender Not a Waiver. F,xtension of'the time for pflymenc or <br /> moclification vf amortizaUOn o'F the smns secured by fhis SeouriCy Ivstr un�cnt {,nanted by Lender to Borrower <br /> � or any Succeseor in InT�erest of Borrower shall not operftte to release fhe liability of Borro�ver or auy <br /> Succe.ssors in Interest of Bbrtow�r, Lendee sltall not be raquirecl Yo oommence proceedings again�t eny <br /> 3uccessar in Snterest of Borxower or Co reEus¢to extend time for payment or otherwise modify amortizafion <br /> of tha swns aect�red by Yhis Security Instrumene by r�son oP a�iy dcnnand made Uy tlie original Borrower or <br /> auy SucccSSOrs in Interest of Borrower. t�iy f'orbearAnce by Lender in exercising at2y right or rcb�edy <br /> including, wiChouC linukaCion, Lcnder's accoptance of payments from Yliird persone, entities or Suaoessors in <br /> Interest of Borrower or in nmoixnte less tlinn the�monnC then due, shall not be a waiver oYor preclude the <br /> exercise of tary rigl�t or reinedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bnund. Rorrower covena�its uid <br /> ugrccs fl�at Borrowcr's obligations and liaUility shall be joint nnd several. IIowevor, any Borrowc�r who <br /> oo-signa Lhis Secnrity Instrurncnt birt�doos ilot execute the Note (a"co-signer"j: (a)is co-signing thie <br /> Security Inari�un2enC only to murCgage, grant and convey the co-signer's interest in the Property unc{�r Che <br /> ferins of this Secw•ity Tnetrument; (b) is uot pereonally obligatc;d ta pay tUe sums secmed by this Security <br /> Instrnment; and(c) agrees that Lender and ang other Boirower cnn ngree Co extend, modify, forbear or inake <br /> nny acconvnodations with regard to the terms of tlris Security Lnstrument or the Note wi[hou[Che oo-signrn's <br /> consent. <br /> Subjeot to th�provieions of SecCion 18, any Succosenr in Interest of Borrower who assumes Borrower's <br /> obligations under Yhis Security Tnet�•iiment in�n�iuing, anci is approved by Lender, shall obtain all o#' <br /> Borrower's rights vici banafits undar this Security Instrument. Bon�ower shall n�t bc rolcascd frotn <br /> }3orrower's obligationa and liahility under this Security Instrument unless Lender agrees to such rc�lea�c in <br /> writrng. 'Cho covenants and agreements of this Secm'ity Instrwnent shall bind(except ae provided in Seotion <br /> 20j and bane�GC iiie suce�ssois and asaigne oP Lende��. � <br /> 14. Loan 'Charges. Lcndcr may cl�arge Borrower fees for seivices perfonned in covnection witli Borrower's <br /> default, for the pnipose of prot�eting Lender's inCeresl in CIYe Property and ri�hts unde��thie Security <br /> Inshmnent, inoluding, Uut vot liinited to, attorneys' fees, property inspection and vahiation£ees. In regard w <br /> any othcr fees, $�c abeonco�f express authcarity in this Security Inshument to ch�age a specific fee to <br /> Boxrower shall not be coneuned ae a prolubition on fhe chr�rging of such fea Lcndcr may hot cl�arbe fees <br /> t1tat are expressly prohibited by this Seourity lnsh�tiunent or by Appliaable La�w. <br /> I£Y1ie Loazi is subjact to a law wlrich sats maximum loen aharges, �nd thAt law is finelly inteipreted so that <br /> the iirterest or otl�er loan chargee collectecl or to Ue collected in coimectiion with the Loan exeeed the <br /> permiited lunits, tl�en: (a) any stiioh loan charge shall be reduced by ffie amowlt necess��y to reduce the <br /> � eh�rge to Ehe pern�iCCed limiC; and(b) auy sums already collect'ed from Borrowec wl�ich cxec cded peru�ittc;d <br /> limits will be refunclecl to Borrower. Lender may choose to make this refiard by reducing the princip�l owed <br /> mider the Note or Uy making a dirc ct payment to Borrower. If a rehiud reduces princi�al, Yhe reduotion v�ill <br /> be trentcd as a partial pxepayn2cnt wiChoul any�re�aymc,�it eharge(wheCher or not a prcpayn�cnt ch�rgo is <br /> provided for tiuder the Note). Borrower's accepttmce oP nny e�ich refund made by direct payment to <br /> Bonrower will constiihtte a waiver of any right ot'action Borrower miglrt have arising ouC of such overcl�arge. <br /> 15. Notices. All notices given by Borrower or Lender in com�ection wiYh tliis Security Instrument must be in <br /> wriCing. [1ny notice to Borrower in comiection with tliis Security Histrument sl�all be deeined to have been <br /> �given Go Borrower when mai1ed by first c1ass mail or when actually delivered to 73orrowe�•'s nofice address i�E <br /> sent by�othcr rncans. Notiico to�n}�one Bon�ower eliall consCi6uCo no�ice ko all Bon�owcrs unless Applicable <br /> Law e�pressly requires otherwise. The notice addrese sha11 be the Property Address unless Borrower haa <br /> zn000aso <br /> NEBRASKA-SIn9leFamily�Fannieldac/FreAtllold;mUNIFORMINSTRUA7GNT Farm301.81/07 ' <br /> VM P� VMPB(NE)(11051 <br /> Wapera KluweY f-InancielSeNlces Paga 11 ot 71 <br />
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