Laserfiche WebLink
201207868 <br /> Security Instrument, whether or not then due. "Opposing Party" means the third parry that owes Barrower <br /> Miscellaneous Proceeds or the party against whom Borrower has a right of acCion in regard to Miscellaneous <br /> Proceeds. <br /> Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's <br /> judgment, could result in forfeiture of ihe Property or other material impairment of Lender's interest in the <br /> Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleratio�has <br /> occurred, reinstate as provided in Section 19, by causing the adion or proceeding to be dismissed with a <br /> ruling that, in Lender'sjudgment, precludes forfei[ure of the Pxoperty or other material impairment of <br /> Lender's interest io the Property or righCs under this Securiry Instrument. The proceeds of any awazd or <br /> claim for damages that are attributable to the impairmenc of Lender's int�erest in the Properry aze hereby <br /> assigned and shall be paid to Lender. <br /> All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in <br /> [he order provided for in Section 2. <br /> 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Exteusion of tlie time for payment or <br /> modification of amortization of the swns secured by this Security Insteument granted by Lender to Borrower <br /> � or any Successor in interest of Borrower shall not operate to release the liability of Borrower or any <br /> Successors in Interest of Borrower. Lender shall not be required to commence proceedi�gs against any <br /> Successor in Interest of Borrower or to refuse to e�ctend time for payment or otherwisz modify amortization <br /> of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or <br /> any Successars in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy <br /> including, without limita.fion, Lender's acceptance of payments from third persons, entities or Successors in <br /> Interest of Borrower or in amounts less than the amount the�due, shall not be a waiver of or preclude the <br /> exercise of any rigl�t or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenancs and <br /> agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br /> eo-signs Chis Securiry Inshument but does not execute the Note(a"w-signer"): (a)is co-signing this <br /> Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br /> terms of this Security Instrument; (b) is not personally obli�ated to pay the sums sewred by this Securirv <br /> Ins[rumenY; and(c)agrees that Lender and any other Borrower can agree to extend, modi'fy, forbear or make <br /> any accommodations with regard to the terms o�f[his Securitq InsCrument or the Note without the co-signer s <br /> consent. <br /> Subjec[to the provisions of Section 18, any S�ccessor in Interest of Boerower who assumes Borrower s <br /> obligations under diis Securiry Instrument in wri[ing, and is approved by Lender, shall obtain all of <br /> Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br /> Borrower's obligations and liability under this Securiry Instrument unless Lender agrees to such release in <br /> writing. Tlie covenants and agreements of this Security Instmment shall bind(except as provided in Section <br /> 20)and benefit the successors and assigns of Lender. <br /> � 14. Loan Charges. Lender may chazge Borrower fees for services performed in connection wit11 Borrower's <br /> defauli, for the purpose of protecfing Lender's interesf in the Properry and rights under this Security <br /> InsGvment, including but not limited to, at[orneys' fees, properiy inspection and valuation fees. In regard to <br /> auy other fees, the abse�ce of eapress authority in this Security Uistrument to charge a specific fee to <br /> Borrower shall�ot be construed as a prohibition on the charning of such fee. Lender may not charge fees <br /> diat are expressfy prohibited by this Secnrity Instrument or 6y Applicable Law. <br /> 9801288�83 gg01288083 <br /> NEBRASKA-SinA�e Family-Fannie MaelFretltlle Mac UNIFORM MSTRUMENT WITH MEftS Form 3026 f i01 <br /> VMP� VMP6A(NE](1105) <br /> Wolixrs Kluwer Financial Services Page i i of 1? <br />