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201207373
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Last modified
7/20/2017 9:49:03 AM
Creation date
9/5/2012 10:15:54 AM
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DEEDS
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201207373
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201207373 <br /> 12. Borrower Not Released; Forbearanee By Lender Not a Waiver. Extcnsicrn of the ti�nc for payment m <br /> modificetion of emortiz�tion of the sums secured by thie Secw•ity Tnstrun�ent granked by Lender to Borrower <br /> or any Successor in Interest of I3arrower shall not operate to releasa the liaUitity of Borrower or any <br /> Succe.saorn in lnterest of Borrower. Lender sh211 not be required tio enmmevoo proceedings against uiy <br /> Suocessor in Intereat of Borrower ar to refi�se to extend time for pnyinen[or otlierwise modify amorfizttt�un <br /> of the sums eeaw�ed Uy tliis Sacwity Instrument by raason oL any demand m�de by the original 13orrower or <br /> any Successors in Interest of Rorrower. Any forUearance Uy I,ender in exercisivg atry right or remedy <br /> includ'uig, witliout limitf�diou, l�cnder'�acccUtance ofpaymcnts from third pursons, entities or Successors in <br /> Puticrest of Borrowu��or in an�oimhs less phan ihe atnount theti clue, sh�ll not bc a waivcr of or prccludc thc <br /> exerciae of nny xight or retnedy. <br /> 13. Joint and Several Liability; Co-signers; Succassors and Assigns FSound. Borro��er covenc�nts nnd <br /> agrees that Boirower'�s obligations and liability shal1 be��int and several, However, any Borrower who <br /> co-sibns fl�is Soourity Inetrument baC dues noC execute Lhe Note (n "co-signer"): (a) ie co-eigning ��hia <br /> SeciuiLy Instrument only W mortgnge, grant�nd oonvay the co-signer's interest in the Properry undex the <br /> terms of this Seeority Ivstrmnent; (b) is not l�ersonally obli�;atecl to pay t1�e su�ris seom ed by thie Secm'ity <br /> LisCrwnent; wd(c) a�'eee that Lender and any othc� Rorrowem can ag eo to extcnd, modify, fi�rbcar or mttico <br /> any accommodations with rcgarci to t1�c torriis oP Cliis Security Instrutnent or the Note wilhaut the eo-signer'a <br /> conecnt. <br /> SuUjoct tc� the provisions oP Secfion 18, any Suooessor in Interest of Borrower who assumes Borrower's <br /> obligations under this Security Is�atrumenY in writing, tuid is approved by Lander, shnll oUtaiu all of <br /> Borrowei's rights and UeneFts under this SecLu ity Insta'ument. Rorrower shall not be released fi'om <br /> C3orrower's obligatione and]iabili6y midcr Chis Securzty Inslnm�enC in�less Lender agrees �o suoh relense in <br /> writing. The covenauts and agreements of this Security Instruvient ehall bind (excepC fls providecl in Section <br /> 20) and benafiti tihe successors and assig�Ls of I.ender. <br /> 1 a. LOan ChaYgeS. Lender may charge Rorrower fees for services performed in connection with Roi�rower's <br /> de�Fault, for the purpose of profecting Le��der's interest iu flic Property and rigl�ts �mder tL�is Scoireity <br /> Ineh uinc;nt, inchiding, hut not limited So, ntlomeyF' fees, property inspee[ion and v11ua[ion fees. In regard to <br /> a�iy other Fees, tlie ffbsenoe af express euthority in this Seourity Inetrunient to charge a speoific fee to <br /> ]3orrowor shall not bo consCiued as a prohibiYion on Uie chargiiig of eucl�fee. Lender may not charga fees <br /> UiaC ara ex�ressly prohibii�ed by fhis Seom�ily Histrim�ent or by Applionble Law. <br /> If the Loan is sul�jecC Co a law wlvch sels maxiinun7loan cbar�es, and [hat law is finally interpreCed so ChaC <br /> die interest or other loan chArges collecCed or to be collected in comiection with the Loan exceed the <br /> pennitted limits, theu; (a) e�ny such 1o�n charbe sl�alt bc rcduccd by the amount necessary to reduce tl�e <br /> charg� to the peirniCCed limit; and(bj any sums already eolleoted fi�om Borrower wluch exceeded pennitteci <br /> IimiCs will be refunded Co 13orrower. Lender tnny choose to make this x•efund by reciucing the prineipal owed <br /> mider the Note or Uy mniting � diract paymevt to Borrowe�. lf a refund raduces principal, the reduction will <br /> be treated as a parEial prep��yment withotitC anp prepayincnf charge(whether or not a pre�a}mient cliatge is <br /> providcd for w�der tho Notc). Borrowcr's accepL�u�ce of any�tc(�refund made by clirccti paymenC to <br /> Borrower will oons6hite a waiver of nny right oF nction.Barrower might have arising out of sneh overohnrge, <br /> 15. Notices. All notices given by IIorrowei ar Lender in conneckion wiHi Hiis Seauriry Instrument mnst be in <br /> writing. Any notica tio Borrower in comiectiou witli this SecnriCy TnsU'Lunent s1�a11 be deemed Co haua been <br /> given to Bon owcr whon viailcd by firsf olase mail or when acLurylly dcIivorcd fo Borrowcr's noticc addreys if <br /> senC by other me�iis. Notioe to any one Borrower shell constitute notice to all Borrowers unlese Applic�b7e <br /> Law€xpressly requires otiherwise. The noCice address shall be tlie Property Acidre.as unless Borinwer hes <br /> znoazosa <br /> NC6R�SKA-Singlo Famllq-Fannle Mae7Fred01e Mao UIJIPORM INSTRl1MENT Ponn 3020 1101 <br /> VM P(� VMP6(NEj(71�ti) <br /> N.�ollers Kluwer Financlal Services Page 11 of 17 <br />
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