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201209793 <br /> Al1 Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order <br /> provided for in Section 2. <br /> � 12. Borrower Not Released; Forbearance By Leuder Not a Waiver. Eactension of the time for payment or <br /> modifica[ion of amoriization of the sums secured by this Security Instrument granted by Lender to Boaower or any <br /> Successor in Interest of Borrower shall not operate to release Che IiabiliTy ofBorrower or any Successors in Interest of <br /> Borrower.Lender sha(I not be required to commence proceedings against any Successor in Inferest of Borrower or to <br /> refuse to ea�tend time for payment or otherwise modify amortizarion of the sums secured by this Security Instrument by <br /> reason of any demand made by the original Borrower or any Successors in Interest of Borrower.Any for6eazance 6y <br /> Lender in exercising any right or remedy induding,wilhout lunitation,Lender's acceptance of payments from third <br /> persons,entities or Successors in Interest of Boaower or in amounts]ess than the amount ihen due,shall not be a waiver <br /> of or preclude the exercise of any right or remedy. <br /> 13.Joent aud Severat Liability;Co-signers;$uccessors andAssigns Bound.Borrower covenants and agrees fl�at <br /> Borrower's obligations and IiabiliTy shall be joint and severat. However, any Borrower who co-signs this Security <br /> Instrument but does not execute the ATote(a"co-si,�mer"):(a)is co-signing this Securiry Instrument only to mortgage, <br /> grant and convey the co-si�ner's interest in the Properiy under the terms of this Security Instrument;(b)is not personally <br /> obtigated to pay the sums secured by this Security Instmment;and(c)agrees that Lender and any other Sorrower can <br /> agree to extend,modify,forbear or make any accommodarions with regazd to Yhe terms of Yhis Security Instrument or the <br /> Note without the co-si�er's consent. <br /> Subj ect to the provisions of Section 18,any Successor in Interest of Borrower who assumes Bonower's obligations <br /> under this Security Instrument in writing,and is approved by Lender,shatl obtain all of Borrower's rights and benefits <br /> under this Security Instrument. Borrower shall not be released from Borrower's obligations and liabitiTy under this <br /> Security Inshvment unless Lender agrees to such release in writin�.The covenants and agreements of tliis Security <br /> Insfrument shall bind(except as provided in Section 20)and benefit the successors and assigns of Lender. <br /> 14.Loan Charges.Lendermay chargeBorrower fees fot services perfonned in connection with Borrower's default, <br /> for the purpose of protecting Lender's interest in the Property and rights under this Securiry Instrument,including,but <br /> not limited to,attorneys'fees,property inspection and valuation fees.In re;azd to any otlier fees,the a6sence of express <br /> authority in this Security Inshvment to chazge a specific fee to Borrower shall not be construed as a prohibition on the <br /> charging of such fee. Lender may not chazge fees t6at are expressly prohibited by this Security Tnstrument or by <br /> Applicable Law. <br /> If the Loan is su6ject to a law which sets ma�cimum loan chazges, and that latv is£inally interpreted so that the <br /> interest or other loan chazges collected or to be collected in connection with the Loan exceed the permitted limits,tl�en: <br /> (a)any such loan charge shall be reduced by the amount necessary to reduce the cl�arge to the permitted limit;and(b)any <br /> sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may <br /> choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower.If <br /> a refund reduces principal,the reduction wi116e treated as apartial prepayment without any prepayment charge(whefher <br /> or not a prepayment charge is provided for under the Nofe).Borrower's acceptance of any such refund made by direct <br /> payment to Borrower will consritute a waiver of any right of action Borrower might have azising out of such overchazge. <br /> 15.Notices.Atl notices given by Borrower or Lender in connecrion with this Security Instrument musY 6e in writing. <br /> Any norice to Borrower in connection with this Securit�Insirument shall be deemed to have 6een given to Borrower <br /> when mailed by first class maii or when actually delivered to Borrower's notice address if sent by other means.Notice to <br /> any one Borrower shall constitute notice to all Borrowers unless Applicahle Law expressly requires otherwise.The notice <br /> address shall be the Proper[y Address unless Borrower has desi�ated a substitute notice address by noUce to Lender. <br /> Borrower shall promptly notify Lender ofBosower's change of address.If Lender speeifies a procedure for reporting <br /> Borrower's change of address,then Borrower shall only report a change of address throu�h that specified procedure. <br /> There may be only one designated notice address under this Security Instrument at any one rime.Any notice to Lender <br /> shall be given by delivering it or by mailing it by fust class mail to Lender's address stated herein unless Lender has <br /> designated another address by notice to Borrowea Any notice in connection with this Security Inshvment shall not be <br /> NEBR45KA-Singie Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT with MERSForm 3028 1l01 <br /> Page 9 of 13 <br /> i�s,i��. Borrower(s)Inifiais <br />