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�0120�56� <br />for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned <br />and shall be paid to Lender. <br />All Miscellaneous Proceeds that aze not applied to restoration or repair of the Property shall be applied in <br />the order provided for in Section 2. <br />11. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment <br />or modification of amortization of the sums secwed 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 Bonower or any Successors <br />in Interest of Bonower. Lender shall not be required to commence proceedings against any Successor in Interest <br />of Borrower or to refuse to e�ctend time for payment or otherwise modify amortization of the sums secured by <br />this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of <br />Bonower. Any forbearance by Lender in exercising any right or remedy induding, without limitstion, Lender's <br />acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less <br />than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. <br />12. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and <br />agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs <br />this Security Instrument but dces not execute the Note (a "co-signer"): (a) is casigning this Security Instrument <br />only to mortgage, grant and convey the casigner's interest in the Property under the terms of this Security <br />Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees <br />that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with <br />regard to the terms of this Security Instrument or the Note without the co-signer's consent. <br />Subject to the provisions of Section 17, any Successor in Interest of Borrower who assumes Borrower's <br />obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's <br />rights and benefits under this Security Instrument. Borrower shall not be released from Bonower's obligations <br />and liability under this Security Instrument unless Lender agrees to such release in writing. T`he covenants and <br />agreements of this Secwity Instrument shall bind (except as provided in Section 19) and benefit the successors <br />and assigns of Lender. <br />13. Loan Charges. Lender may charge Borrower fees for services perFormed in connection with <br />Borrower's default, for the purpose of protecting Le�de�'s interest in the Property and rights under this <br />Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In <br />regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to <br />Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees thai <br />aze expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan chazges collected or to be collected in connection with the Loan exceed the <br />pernutted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge <br />to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will <br />be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the <br />Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated <br />as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is provided <br />for under the Note). Borrower's acceptance of any such refund made by direct payment to Bonower will <br />constitute a waiver of any right of action Borrower might have arising out of such overchazge. <br />14. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be <br />in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given <br />to Borrower when mailed by first class mail or when acdially delivered to Borrower's norice address if sent by <br />other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law elcpressly <br />requires otherwise.l�e notice address shall be the Properiy Address unless Bonower has designated a substitute <br />notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If <br />Lender specifies a procedwe for reporting Borrower's change of address, then Borrower shall only report a change <br />of address through that specified procedure. There may be only one designaled notice address under this S��uity <br />Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class <br />NEBRASKA—Single Family—iJNIFORM INSTRUMENT �, ^ � <br />NEBRASKA-MERS GraetD«s <br />fl'EM 2697L9 (091911 �p a a 9 of 13) <br />WYLIE,F000045�197 0��452197 <br />