Laserfiche WebLink
201209488 <br /> Security Instrument,w6etfier or not then due. "Opposiug Party"means the third party that owes Boirower <br /> Miscellaneous Proceeds or the party against whom Bonower has a right of action 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 the Property or other material impairment of Lender's interest in the <br /> Property or rights under[his Securiry Instnunent. Borrower can cwe such a defaalt and, if acceleration has <br /> occwred,reinstate as provided in Section 19,by causing the action or proceeding to be dismissed with a <br /> ruling that, in Lender's judgment,precludes forfeihue of the Property or other material impairatent of <br /> Lender's i¢terest in the Properiy or rights under this Security Instrument. The proceeds of any award or <br /> claim for damages that are attributable to the impairment of Lender's interest in the Property aze hereby <br /> assigned and shall be paid to Leuder. <br /> All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied iu <br /> the order provided for in Sec�ion 2. <br /> 12. BorrowerNot Released;FbrbearanceBy LenderNot a Waiver.Extension of the time for payment or <br /> modification oF amortization oIf the sums secured by this Security Inshument granted by Lender to Borrower <br /> or any Successor in Interest df Borrower shall not operate to release the liability of Borrower or any <br /> Successors in Interest of Bonower. Lender shall not be required to commence proceedings against any <br /> Successor in Interest of Borrower or to refuse to extend time for payment or othenvise modify amortization <br /> of the sums secured by this Secwit7 Instrument by reason of any demand made by the original Borrower or <br /> any Successors in Interest of Boirower. My forbearance by Lender in exercising any rigftt or remedy <br /> including,without limitatioo;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, shali not be a waiver of or preclude the <br /> exercise of any right or remedy. <br /> 13. Joint and Several Liability;Co-signers;Successorsand AssignsBound.Bonower covenants and <br /> agrees that Borrower's obligations and liability shall be joint and severaL However,any Bonower who <br /> co-signs this Security Instrument but does not execute the Note(a"co-signer"): (a)is co-signing Wis <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 obligated to pay the sums secured by this Security <br /> Instrument; and (c)agrees that Lender and any other Borrower can agree to exteud,modify,forbear or make <br /> any accommodations 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 Iaterest of Borrower who assumes Borrower's <br /> obligations under this Securiry Instrument in writing,aad is approved by Lender,shall obtain all of <br /> Borrower's rights and benefits under this Security fastrument. Borrower shall not be released from <br /> Borrower's obligations and liability uuder this Security Iastrument unless Lender agees to such release in <br /> writing. The covenants and agreements of this Security Instrumeut shall bind(except as provided in Section <br /> 20)and benefit the successors and assigns of Lender. <br /> 14. Loan Charges.Lender may charge Borrower fees for services perfonned in connection with Borrower's <br /> default, for the purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrument, including,but not limited to,attomeys'fees,property inspection and valuation fees.In regazd to <br /> any other fees,the absence of express authoriry in this Securiry Instrument W charge a specific fee to <br /> Bonower shall not be construed as a prohibition on the charging of such fee. Lender may not chazge fees <br /> that are expressly prohibited by this Security Instrument or by Applicable Law. <br /> NEBRASKASirgle Famity-Fannie MaelFretlEie Mac UNIFORM INSTRUMENT WITH MERS ,� � Form 3M81/01 <br /> VMP� VMP6.4(NE)(7105).00 <br /> Wotters Kluwer FinancWlServices Page 17 of 17 <br /> III IIIIIIIII II II III IIIIIIIINIII I II II IIIIII III IN <br /> q03310511262 0233 355 1117 <br />