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201207092
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Last modified
7/20/2017 9:48:12 AM
Creation date
8/27/2012 2:14:27 PM
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DEEDS
Inst Number
201207092
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201207092 <br /> 12. Borrow er Not Released; Forbearance Sy Lender Not a W aiver. �xtensioa of the time for paymern or <br /> modification of amortization of the sums secured by this Security Instnunent granted by Lender to Boxrnwes <br /> or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any <br /> Succe�sors in InTerest of$orrower. Lender shall�ot be required to commence pmceedings againsf any <br /> Successor in Interest of Bonower or to refuse to extend[ime for paymeart or othawise modify amartizafion <br /> of the sums secured by this Securiry Instnunent by reason of any demand made by the original Borrower or <br /> any Snccessors in Interest 6f Borrower. Any f�rbearance by Lender in exercising any right or remedy <br /> including, without limitation, I,enfler's accep4anee af payinents from third persons, entities or Suceessors in <br /> Interest of Borrower or in amounts less tl�an the amount thcn due, shall not be a waiver of or preclude the <br /> exercise of any right or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants a,id <br /> aerees that Borrowei s obligalions and liability sU.al:be joint and several. Aowever, any Borrower who <br /> co-signs this Security Instrument but does not exccute the Note(a"co-signer"): (a) is co-signing this <br /> Security�Instrument only io mortgage, grant and convey the co-sinner's interest in rhe Property under the <br /> terms of this Security Instrument; (6)is not persoually obligated to pay tUe sums secured by this Security <br /> vistnunent; and(c) agrees that I.ender and any other Borrower can a�ee[o extcnd, modify, forbeat ox make <br /> any accnmmodatirn�s wifli regard to the terms of this Seciuity Instrument or the Note without the co-signer's <br /> consent. <br /> Subject t�thc provisions of Section 18, ury Successor in Interest of Borrower who assumes Borrower's <br /> obligations under this Security Instrument in writing, and is approved by�Lender, sliall obtain all of <br /> Borrower's rights and benefits under tlus SecuriEy Instrument. Borrower shall not be releascd from <br /> Borrower's obligarions and]iability under this Security Instnunent unless Lender agees io such release in <br /> wriliqg. The covenants and agreements of this Securlty Snstrument shall bind(except as provided in Section <br /> 20) and benefit the successars and assig�s of I ander. <br /> 14. Loan Charges. Iender may charge Borrower fees for services performed in connection wlth Bonourer's <br /> defaidt, f�r the purpose of protecting Lender's interest in the Property and rights under this Szcurity <br /> Instnunent, including, but not limited to, attorneys' fees, property uispection and valuation fees. In rcgazd to <br /> any other fees, the absenca of express authority in this Security Inshument to char�e a specific fee to <br /> Boaower shall iiot be construe�l as a p�ohibition on the chargiug of snc�i,fee. Lender may not et�azge fees <br /> that are expressly prohibited by this Security Instnunent or by Applicable Law. <br /> If the Loan is subject to a law which sets maumum loan charges, and khat law is £wally interpreted so that <br /> the interest or other loan eharges collected ar to be collected in,connection with the Loui exceed the <br /> pernv.tted limits, ihen (a) ai-�y such loan charge shall be reduced Uy the amount neeessary io reduce the <br /> charge to the peamitted limit; and(b) any swns already�qllecfed from Borrower which cxceeded permitted <br /> lisnits will be rcfimded to Borrower. Lender may choose to u�ake flus refun..d by reducing the principal owed <br /> under the Note or by making a dir<;et payment to Borrower. If a refund reduces principal, the reduction will <br /> be treated as a paztial piepayment without any prepayment charge(whettier or not a prepayment charge is <br /> pro�ided for under the Note). Borrower's acceptance of any such refund made by duect payment to <br /> Borrower will eonstitute a waiver of any rigl�t of action Barrower zYriphl have arlsing out of sueh ove�charge. <br /> 15. Notices. A11 notices given by Bortower or Lender in connection with this Securiiy Instrument must be in <br /> writing. Any noricc to Borrower in conneetion with this Security Iustnunent shall be deemed To have been <br /> given to Borrower when mailed by first class mail or when actua.11y delivered to Borrowei s notice address if <br /> sent by other meaas. Norice to axiy ane Bon-ower shall constitute notiee ta all Sorcowers unless App&cable <br /> Law expressly rc;qiures othenvi.se. The notice ad.dress shall he the Propertp Address unless Boriowcr has <br /> ztoo�sas <br /> NEBRASKA-Single Famity-Fannie Mas/Freddie bi ac UNIFORfd I�STRUM ENT Form 3028 1!�1 <br /> Vi�1 P�` V�df6(NE)(1105) <br /> R�olters Kluwer Flnancia:5ervices Pa9e 1� of 1] <br />
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