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20120787� � Security Instrument, whether or not then due. "Opposing party" mea�ns the third party that owes Borrower Miscellan�us Praceeds or the parly against whom Borrower has a right of action in regard to Miscellaneous Proceeds. � Borrower shall be in default if any action or proc�ding, whether civil or criminal, is begun that, in Lender' s judgment, could result in forfeiture of the Progerty or other material impairment of Lender' s interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provideci in Section 19, by c�using the acrion or prac�ding to be dismissed with a ruling that, in Lender' s judgment, precludes forfeiture of the Property ar other material impairment of Lender's interest in the Property or rights under tlus Sacurity Inslrument. The procceds of any avvard or claim for damages that aze attdbutable to the impairment of Lend�'s interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. Borrower Not Releas�l; Forbearance By L�nder Not a Waiver. Extension of the time for payment or modification of amortization of tha sums se�ured by this Security Instrument granted by Lender to Bonowar or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender sha11 not be requir� to commence prace�ings against any Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amorti7ation of the sums secured by ttris Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments &om third persons, entities or Successors in Interest of Borrower or in affiounts le.ss tUan the aznount then due, sha11 not be a waiver of or preclude the exercise of any right or rem,�y. Jolrrt and Several Llability; Co-stgners; Successors and Assigns Bound. Borrower covenants and agr�s that Borrower's obligations and liability shall be joint aad several. However, any Borrower who co-signs tlus Secority Inslrument but does not execute the Note (a "co-signer"): (a) is co-signing this Sec�irity Instrument only to �rtgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not garsonally obligated to pay the sums s�tted by this Security Instnm�ent; and (c) agr�s that Lender and any other Boaower c�n agree to extend, modify, forbear or make any accommodations with regard to the tern�s of this Security �nshvment or the Note without the co-signer's consent. ' Subject to the provisions of Se�tion 18, any Successor in Interest of Bonower who assumes Borrower's I obligations under tlus Sacurity Instrument in writing, and is approved by Lender, shall obtain all of ' Borrower' s rights and benefits under this Security Inslrument. Borrower shall not be released from Bonower' s obligations and liability under this Security Instrument unless Lender agreea to such ralease in writing. The covenants and agre,ements of tlus S�vrity Inshinnent shall bind (except as provided in Section 20) and benefit the succ�ssors and assigns of Lender. 1 I4. Loan Changes. Lender may chazge Borrower fees for services performerl in conne�tion with Borrower's � default, for the purpose of prote�ting Lender's interest in the Property and rights under tt►is S�vrity ' �nstrument, including, but not limited to, attorneys' f�s, property inspaction and valuanon fees. In regard to ' any other fees, the absence of express authority in tlus Security Instrument to charge a specific f� W �, Borrower al�all not be construed as a prolubition on the charging of such f�. Lender may not charge fees I that are expressly prohibitefl by this Sacurity Instrument or by Applicable Law. 2200284088 N�BRASKA-Single FamQy-FanNe M�/Fraddfe Mac UNIFORM INSTRUMENT WITH MER3 W P � Kluw� Fhwrw9el Servkes � � , �� � � 0 VBANE Form 30'18 1 /01 VMPBA�NE) (1106) Pege 7 7 of 17