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201201755
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Last modified
3/14/2012 1:54:35 PM
Creation date
3/7/2012 11:08:25 AM
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DEEDS
Inst Number
201201755
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201201755 <br /> 7 2. 8orrower Not Released; Forbearence By Lender Not a Waiver. Extension of the tune for payment or <br /> modification of amortization of the sums secured by this Security incr�,n,�„t granted by Lender to Borrower <br /> or any S�ccessor in Intere.st of Borrower shall not operate to release the liability of Borrower or any <br /> Successois in Interest of Borrower. Lender shall not be required to commen�proccedings against any <br /> S�ccessor in Interest of Borrawer or to refuse to exnend tima for payment or otherwise�dify a�rtization <br /> of the sums secur�by this Security Instrument 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 r�y <br /> including, wiffiout limitation, L,cvder's acceptance of payments from third persons, entities or Successors in <br /> Interest of Bortower or in amounts less than the amount then due, shall not be a waiva of or preclude the <br /> ezercise af any right or remedy. <br /> 13. Joint and Several Liability; Co-signers; Suceessors and Assigns Bound. Horrower covenFmts and <br /> agrces tbat Sorrower's obligazions and liability shall be joint and several. However, any Borrower who <br /> co-signs flris Security Instrument but does not exe�ute the Note(a "oo-signer"): (a)is co-signing this <br /> Security Inshvment only to mortgage, gtant and convey flte co-signer's interest in the Property under the <br /> terms of this Securiry Instrument; (b)is not personally obligated to pay the sums secured by ttris Security <br /> Instrument; and(c)agrees that I.ender�d any other Borrower can agree ro extend, modify, forbear or make <br /> any accommodations with regard ro the terms of tlus Security Tn.am,,,,e.,r or the Note without the co-signer's <br /> consent. <br /> Subject to the provisions of Section 18, any S�ccessor in Interest of Borrower who assumes Borrower's <br /> obligations under this Security Inshvment in wripng, and is approved by Lender, shall obtain all of <br /> Bonower's rights and benefits under flris Security Instrument. Borrower shall not be released from <br /> Borrower's obligations and liabiliry under this Security Instrument unless Lender agrees to such release in <br /> writing. The covenants and agrcements of this Security inem,..�e.�t shall bind(eaccept as pmvided in Section <br /> 20)and benefit the successors and assigns of Iender. <br /> 14. Loen Charges. L.ender may charge Borrower Fces for services perforu�l in connecxion with Borrower's <br /> default, for the purpose of prot�ting L.ender's interest in the Ptoperty and rights under this Security <br /> [nstrument, including,but not limited ta, attomeys' fees, properry inspecdon and valuation fees. In regard to <br /> any other fees, the absence of express authority in this Security incm,.�,e.�r to chazge a sp�ific fce ro <br /> Borrower shall not be consttued as a prohibition on the chazging of such fee. Lender may nut chazge f�s <br /> that are e�cpressly protribited by this Security Instivment or by Applicable Law. <br /> If the Loan is subject to a law which sets maxim»m loao charges, aad tbat law is finally interpreted so that <br /> the interest or other loan cbarges colle,cted or to be colle�ted in connection with the Loan exc�d the <br /> permitted limits,then: (a)any such loan charge shall be reduced by the amount necessary to reciuce the <br /> charge to the permitted limit and(b) any sums already coll�from Bonower which exceedefl permitted <br /> limits will be refunded to Borrower. I.ender may choose to make flus refimd by reducing the principal owe3 <br /> under the Note or by making a dir�t payment to Borrower. If a refund reduces principal, the reducdon will <br /> be tr�as a partial prepayment without any prepayment cl�arge(whether or not a prepayment cLarge is <br /> provided for under the Note). Borrower's acceptance of any such reTund made by direct payment ro <br /> Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcbarge. <br /> 15. Notices. tUl notices given by Borrower or Lender in conn�tion with ttris Security in.c�.+++++�t��� <br /> writing. Any norice to Borrower in co�don with this Security Instnmment sha]]6e deemed to Ytave been <br /> given to Borrower when mailed by first class mail or when actually delivereci to Borrower's notice address if <br /> sent by other means. Notice to any one Borrower shall constitute noace to all Borrowers imless Applicable <br /> Law expressly requires otherwise. The norice address shall be the Ptoperty Address tmless Borrowa bas <br /> NEBH�KA-Si�le Femiy-FenNe Mea/FredNe Mec UNIFDRM INSTHUMEfVT Fortn 3028 1(�i <br /> �MP VMPB�NE�p 1051.00 <br /> Wol[ms Kluwer Finexlal Servicaa PeOe�� ��� <br />
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