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201209312
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Last modified
7/20/2017 9:59:29 AM
Creation date
11/5/2012 11:21:44 AM
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DEEDS
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201209312
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201209312 <br /> 12. Borrower Nat Released; Forbearance By @.ender Not a Waivec Extension of the ume for payment or <br /> modification of amortization of the suxns�ecured Uy tlus Security Insiruinent granted by Lender to Rorrower <br /> or any Successor in Interest of I3orrower shall not operate to release the liability of Borrower or any <br /> Successors in Interest of Borrowe;. iender shall not be required to coinmence proceedings against any <br /> Successor in InteresY of Bozrow�or to refuse to extend t3me for payment or otherwzse modify amortization <br /> of the sums secured by this Sec;urity Inshument by reason of any demand made hy fl�e original Boaower or <br /> any Successors in Interest of Borrower. Any forbearance by L.ender in exercising any right or remedy <br /> including, wi[hout lunitation, Lender's acceptance of payments from third persons, entities or Successors ui <br /> Iii[erest of Borrower or in amoun�less than the amoimL then due, shall not be a waiver of or preelude flie <br /> exercise of any right or remedp. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and <br /> aurees tLat Borrower's obligafions and liaUility shall be joint and several. HoWever, �y Bo:rower who <br /> co-eigns this Security Instrument but does nat execute the Note(a"co-signer")_ (a)is co-siguing this <br /> Secur3ty Insttwnent only to morCgage, �rant and Gonvey the co-slgner's interest in the Property under the <br /> tea�uv of flus Security InstrumenT, (b) is not personally obligated to pay the sums secured by this Szcurity <br /> � Instnunent; and(c) a�-ees that Lender and any other Borr�wer can agree to extend, modify, forbear or malze <br /> any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer s <br /> consent. <br /> Subject to the provisions of Secrion 18, any Successor in Interest of Boaower who assumes Bosower's <br /> obligat3ons uuder tens Secutity Instrument in writing, and is approoed Uy Lender, shall obtain all of <br /> Borrower s nghts and Ucnefits under this Security Instrument. Rorrower shall not 6e released from <br /> 13orrower's obligaiions and liability under this Security Instnunent Lmless Lender agrees to such release in <br /> ��ri[ing. The covenants and agreements of this Security Instrument shall bind(except as provided in Section <br /> 20) and benefit the successors and assi�s of Lender. <br /> 14. Loan Chazges. Lender may charge Borrower fees Por services performed in conneclion with Borrower's <br /> default, far the purpose of protc;eting Lender's interest in the Property and rights undar this Sec;urity <br /> IiLstrument, including, but not lunited to, attomeys' fees, property inspeclion and valuauon f�s. In regazd to <br /> any other fees, the abscnce of express authority in this Security Instrument to chazge a specific fee to <br /> Borro�uer shall not be construed as a prohibition.on the charging of such fec. Lender may not charge fees <br /> that aze expiessly prohibited by thls Securitq Instrument ar by Applieable Law. <br /> ff the Loan is subject to a law whlch sets masimuxn loan cfiarges, and that 1aw ie finally ir.teryreted so that <br /> the interest or other loan charges collected or to be collzcted in connecuon with Uie Loan exceed the <br /> permitted Iimits, then: (a) any such loan cl�arge shall be reduced by the amount necessary to reducc flie <br /> aharge to tfie pemiittcd lunif; and(b) any sums already collected froin Borrower which exceeded pesmitted <br /> lunits tvill be refimded to Borrow�er. Lender may choose to snake this refund by reducing the princi�al owed <br /> under the Note or by makiug a direct payinent to Borrower. Lf a refixnd reduces principal, the reduction will <br /> be lrcated as a partial prepayment without�ny prepayment charge(whether or not a prepayment charge is <br /> pro�7ded for under the Notc). 13orrowzr s acceptance of any such refund made by direct payment to <br /> Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. <br /> 15. Notices. All notices niven by Bozrower or Lender in connection with this Security Instrument must be in <br /> writing. Any notice to Borrowe=in connection with this Security Instrument shall be deemed to have been <br /> given to Sorrower when mailed by first clas�mFtil or when actually delivered to Borrower's noticc address if <br /> sznt by otuer means. Notice to any one Bosower shal] consfimte notice Eo all Borrowers uniess Applioable <br /> Law expressly reqLures othenvise. The notice address shall be the Property Address unless Borrower has <br /> zaaazesa <br /> NEBRHSKASingleFamily-Fanni2M@elFre��eMacUNIFCRM INSTRUMB�T Form 302B 1101 <br /> VM P @ VM P8(NE)(1105) <br /> W oRers Kluw er Finencial Services Pzge 11 af i� <br />
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