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201205416
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Last modified
7/9/2017 8:31:38 PM
Creation date
7/2/2012 4:15:21 PM
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DEEDS
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201205416
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201205416 <br />Any forbearance by Lender in exercising any right or remedy including, without limitation. Lender's acceptance <br />of payments from third persons. entities or Successors in Interest of Borrower or in amounts less than die <br />amount then due, shall not be a waiver of or preclude die exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound, Borrower covenants and <br />agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs <br />this Security Instrument but docs not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument <br />only to mortgage, grant and convey the co-signers interest in lite Property under the terms of drs Security <br />Instrument; (b) is not personally obligated to pay the stuns seemed by this Security Instrument Said (c) agrees <br />that Lender and any olher Borrower can agree to extend, modify, forbear or make any accommodations with <br />regard to the terms of this Security Instrument or the Note without the co-siguer's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assunes Borrowers <br />obligations Wider this Security instrument in writing, and is approved by Lender. shall obtain all of Borrower°s <br />rights and bcneftts under this Security Instrument. Borrower shall not be released from Borrowcr's obligations <br />and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and <br />agreements of this Security hnstrument shall bind (except as provided in Section 20) and benefit the successors <br />and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's <br />default, for the purpose of protecting Lender's interest in the Properiv and rights under this Security Instrument. <br />including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, <br />the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be <br />construed as a prohibition on the charging of such fee. Lender rnav not charge fees that are expressly prohibited <br />by this Security hnstrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges. and that law is finally interpreted so that tie <br />interest or other loan charges collected or to be collected in connection with the Loan exceed the pemnitted limits, <br />then: (a) any such loan charge shall be reduced by the announl necessary In reduce are charge to the permitted <br />limit and (b) any shuns already collected from Borrower which exceeded permitted limits will be refunded to <br />Borrower, Lender may choose to make this rcfimd by reducing the principal owed under the Note or by making a <br />direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment <br />without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's <br />acceptance of any such refund made by direct pavunent to Borrower will constitute a waiver of any right of action <br />Borrower might have arising out ofsuch overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Sccurity instrument must be in <br />writing. Any notice to Borrower in connection with this Sccurity Instrument shall be deemed to have been given <br />to Borrower when mailed by first class nail or when actually delivered to Borrower's notice address If sent by <br />other means. Notice to any one Borroweer shall constitute notice to all Borrowers unless Applicable Law <br />expressly requires otnenvise- The notice address shall be the Property Address unless Borrower has designated <br />a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of <br />address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only <br />report a change of address through that specified procedure. <br />There may be only one designated notice address under tris Security Instnnnent a( any one time. Any notice to <br />Lender shall be given by delivering it or by mailing it by first class mail to Lenders address stated herein unless <br />Lender has designated another address by notice to Borrower. Any notice in connection with this Security <br />Instrument shall not be deemedtohave been given to Lender until actually received by Lender. If any notice <br />required by (Iris Security hnsrunaet is also required under Applicable Law, tic Applicable Law requirement will <br />sabsfv the corresponding requirement under this Security Instrument. <br />NEBRASM-S,e FemBY-Fonnie Naeffmgtlie Mac UNIFORM INSFRWR7 Poem 3028 1A <br />VMP n vwsNE) illospo <br />WdWe Kluwer Fn .1W Ser M.s Page 10 of 15 <br />III II IIII IIII IIII IIIII I IIII III I I II IIII II I I' III II VI II V) II IIII III <br />OODONE9772786 <br />
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