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�0120�30u <br />Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Bonower <br />Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous <br />Proceeds. <br />Borrower shall be in default if any acHon or proceeding, whether civil or crIminal, is begun that, in Lender's <br />judgment, could result in forFeiture of the Property or other material impairment of Lender's interest �in the <br />Properly or rlghts under this Secnrity Instrument. Borrower can cure such a default and, if acceleraflon has <br />occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed wiW a <br />ruling that, 9n Lender's judgment, precludes forfeiture of the Property or other materlal impairment of <br />Lender's interest in the Property or rights under this Securlty Instrument. The proceeds of any award or <br />claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby <br />assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied to restoraHon or repair of the Property shall be applied in the <br />order provided for in Section 2. <br />12. Borrower Not R��sed; Forbearance By Lender Not a W�iver. Extensioa of the ttme for payment or <br />modification of amortizaflon of the sums secured by this Security Instrument 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 9n Interest of Borrower. Lender shall not be required to commence proceed9ngs against any <br />Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amordzaHon <br />of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or <br />any Successors in Interest of Borrower. Any forbearance by Lender in exercis9ng any right or remedy <br />including, without IimitaHon, Lender's acceptance of payments from third persons, entities or Successors in <br />Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the <br />exercise of any right or remedy. <br />13. Joint snd Several LlabiUty; Co-signsrs; Succe4sors and Assigns Bound. Borrower covenants and <br />agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Securlty Instrument but does not execute We Note (a "co-signer"): (a) is co-signing this <br />Security Inshvment only to mortgage, grant and convey the co-signer's interest in the Property under tt►e <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any other Bonower can agree to extend, modify, forbeaz or make <br />any accommodaflons with regazd to the terms of this Security Instrument or the Note without the co-signer's <br />consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's <br />obligations under this Security Instrument 9n writing, and is approved by Lender, shall obtain all of <br />Borrower's rights and bene8ts under this Security Instrument. Borrower shall not be released &om <br />Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section <br />20) and bene8t the successors and assigns of Lender. <br />14. Loen Cherg�. Lender may charge Borrower fees for services perFormed in connection with Borrower's <br />default, for the purpose of protecdng Lender's interest in the Property az►d dghLs under this Securlty <br />Instrument, including, but not limited to, attorneys' fees, property �tnspection and valuation fees. In regazd to <br />any other fees, the absence of express authority in W9s Security Instrument to charge a specific fee to <br />Borrower shall not be construed as a prohibiHon on the charging of such fee. Lender may not charge fees <br />that are expressly prohibited by this Security Instrument or by Applicable Law. <br />001122994783 Ckibenk 3.2.59.07 V3 <br />NEBRASKA-Single Family-Fermie Mae/Freddie Mac UNIFORM INSIRUMENT WITH MERS Form 3028 1/01 <br />VMP � VMPBA(Nk� (1105).00 <br />Wolters Kluwer Flnandal Services Page 11 W 17 <br />