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201206906
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Last modified
7/20/2017 9:47:29 AM
Creation date
8/21/2012 11:52:12 AM
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DEEDS
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201206906
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201206906 <br /> 12. F3orrower Not Released; Forhearance By Lender Not a Waiver. Extension ofthe tnne for p2yixienf or <br /> n2odilicafion of eri�orLi�alion of Llie siuns secm�ed l�y il�is Seom�itiy Instrmnent granted by Lender to Bon�owei <br /> ar any Suocessor in Interest of Borrower shall not opernte to rele�s� Che liabilitq oP Borrower or any <br /> Successors in IuYerest of'Bonowar. Lender shall not ba requirad to commeuce proeeedings ngninsC any <br /> Succesaor in lnteresC of Borrowar or Go refttse to extend time for paymenti or otherwise modify amortiaafion <br /> of the swT�e s��curai by this Seourity Insh'un�ent by reason of�ny ciemand made by the ori�iilal Sou�owei or <br /> tmy Successors in Inferest oP Borrower. Any Porbearance Uy Lender in exercising any rigJic or remaiy <br /> inohxGng, witliout limitation, Lander's aoceptanca of payments fi�oin thircl persons, entities or Sucoessors in <br /> lnterest of Borrower or iv �mounts 1cs3 than the arnount khcn du�, sha111tot be a waiver of or preelude the <br /> ezercise of�ny rigliC or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns ESound. Borrower covenants and <br /> agrees Chat Borrowar's obligatione and li�bility shall Uejoint and savcral. However, �ny Borrower who <br /> co-signs tl�is Sectiuity Listrttinent but does n�t execute thallotc(a"co-si��er"): (u)is co-signing this <br /> Sectiu'ity Tnsteuincnt only to mortgagc, grant and convey tha co-eigxier's intorest in Hic Vroperty uuder tlie <br /> toems of thie Sectu�ity Instruinea[; (I�) is not peiaonally obligaked to pay lhe smns seoured 6y L6is Sr�curity <br /> Instniment; and (e) ngrees that Zender end �ny other Borxower cau Agree to exkend, modify, forbear ar make <br /> any accoinmodaUons witii ragu'd to Uie terms of 2his Sectiuity 6isd�nment or theNote without the co-signer's <br /> consent. <br /> Subjeot to the provieions of Section I8, �ny Successoi in I�ileres0 oP Borro�er who aseim�es Bon�awer'a <br /> oblig�tiona uncler khis Seeurity Inst�•ument in writing, and is approved by Lender, shall obtaiu�Il of <br /> Borrowei's xights and Uenetits under this Secntity Instrument. Borrower shall nc�t Ue releaseci fioin <br /> Rortower's obligafions and liability undc.-��thie Security InatriunenC unless Leiider agrees tio such rcicase 'rn <br /> writing. The eovenants and agreements of this Seonxity Insh•nment shall bind (except As�+rovided in Seotion <br /> 20) and benefit the suocessors nnd asaigns of Lender. <br /> 14. Loan Charges. Len�ier may charge I3orrower fees for services performed in connection with Borrower's <br /> default, for the ptiupoae of protecting L endar's interest in the Property and rights under G11is Secm•ity <br /> InsU�tunent, including, but not limitcd to, attorncya' fees, piroperty ins��eclian and valuatiim fee,�n. vi rcgard to <br /> any other fees, Llie absaz�ce of e�rese authority in this Security Inatrumeszt Eo charge a epecific fee to <br /> IIorrowcr shall not be constrned as a p�nhibifion on the cliarging of euc11�fea. Leilcier mny not oharge f'ees <br /> that nre expressly pcohibifed by this Seeurity Inshvment or by ApplicnUle Law. <br /> [f fl7o l,oan is subject to a law which sets maximnm loan charges, and thek l�w ie finally interpreted eo [hat <br /> lhe iuterest or other lonn ehm•ges collected or Yo be collacted in oomiection with the Loan exceed the <br /> permitCed limits, then: (a) �ny such loui oliarge sliall be reduced by the aanowit necessary to redwce tha <br /> oharge to the permitted lnnit; azid(b) any sun�s alree�dy collect�d froin Rorrowor which cxcecded pe�niitted <br /> limits wi71 l�o rcfunded to S�n'owcr. Lender n�ay choose[b make tMs refund by reduoing fhe prinoipal owed <br /> undor Che Nbte or by ixi�lsing a clireot payment to Borrower. If a refurid reduces principel, the reduction will <br /> be ri•ented 2ts a partial prepa}nnenti wilhont aijy prepaym�it ohar�ge(whether or not a prepayme�it cliarge is <br /> provided for unde;r thc Notc). Borrowcr's acceplance of ni�iy snch rePnnd made by d'n�ect pa}nnen6 fo <br /> Bonower will constitute a weiver of any righY of action Borrowar might h�ve vising ouY of such overeh€�rge. <br /> 15. No4iees. All notices given Uy Borrower ox Lender in connection with tlus SecuriCy InsYnunent muet be in <br /> wriYing. fLiy notice tio Borrower in comiecfion with tl�is Seom ity Jnst�ument sl�wll be cicc�ned to have been <br /> given to I3orrower wl�en maileci by first el�es mai] or when actually clelivcs�ed Co Borrowcr'�s nolicc�ddress if <br /> sont Uy other meanF. Nalice lo any one Borrower sht�ll eonstihite noYioe to all Borrowers uvlese ApplicaUle <br /> Law expressly requires otherwise. The notice address sh�11 Ue the Property Address tuilese Borrower has <br /> --- �. . -- �— znooiaza <br /> NEBftqSKASingle Famity-Fannie M ae/Freddie Mac UNIFORM INSTRUM MT Ponn 30?.8 1101 <br /> vmi�o vmiPs�Ne����os� <br /> Wniters Kluwar ffnanalal Servlces Page 11 of 19 <br />
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