201210954 - Laserfiche WebLink

Browse

201210954 12. Borrower Not Released; Forbearance By Lender Not a W aivers �xteneion of the cime For payment or modificntion of tunortization o�P lhc sinns secm�ed by this Security Inshwuent granEed 6y Lcnder to Aorrower or any Succassor in Interest o£Borrower shall noC opcn ztc to release the liability of Barrower or any Succcssors in Inferest of Borrowar. Lender sh�tll not be requirecl to a»nmeuce proceedivgs agninst nny Successor in Interest of Borrower or to refuse to axtend tune for payment or oChe�wiso modify mmortization of the sun�s secured by ttus Seou�ity Iiislrumcn�t Uy reason of any demand inada Uy the origin�l Borrowor or any Successors in Interest of BorroweA•. Any forbenrnnce by Lc�lder in cxercising any right or reinedy incluciii�g, witliout limitatiou, I.ender's accaptance ot'pa}nnents from tliird pereous, cntities or Successors ui Interest of Borrower or in amounts lcss than the a�nonnt then due, aha11 uot Ua a waiver o'P or preohidc thc exercise of'any right or remuly. 13. Joint and Several Liability; Co-signers; Successors and Assigns 6ound. Borro�ver covennnts nnd agrees that Borrower's obligntioixs and liability shall be joinC and aovcral. }[owever, any Bon•ower who co-sigos t1�ie Security Instrwnent buti does not execute the Note(n "co-signet"): (a).is co-signing fliis Security InaLrument only to mortgage, grant azid convey the co-aignar's interest in the Property unde� thc terme of this Seciuity InsLrumenC; (b) ia not prn�eonally obligated to pay the smns secured by this Secw•ity Instirwnent; and(c) agrees thak Lender and any other Borrower oan agrec to oxtcnci, modify, £orbear or malce wy ziccou�modallons wifh regard to the Terms of this Secw'ity Iustr'ument ox the Note wichoui fhe co-signcr's consent. Subject to the provisione oP Section 1 R, ttiry Succcssor in �nterest of Borrower who assumes IIorrower'e obligatione under this Security Inatniment in«n�iting, and is approve<1 by I,e��der, shall obtaiu all 04' Borrower's rights uid benefiEs under this Security Ins[rnment. Borrower shall not Uc releasecl from Borrower's o6Ggations and liability under this Security Inst��ument utiless Lender ngrees to euch releasc in writing, 'fhc covcnants and agreements of this SecLuity Instruinant shall bind(except ae provided in Section 20) tvid bei�e�iC Che successors and assigns of Lc��dor. 14. Loan Charges. Lencier may chargc Borrowcn fccs for services perFormed in coimection with Borrower's defatidt, for the purpose of proteeting Lender's intexest in the Propexty and righCs uudcr this Sccurity Inshument, incht6ing, Uut not lunited to, attorneys' fees, properCy inspectiou and valunGion feee. �i regard to any other 2ee�, Che absenec oF e,xpre,ae auth�rity ia fl�is Security]nshume�it to chaz'ge a speci�f c �Lee to Barrowex sha11 not be construed as a prohibition on the clknrging oP such fee. Lcndcr may not char�c fees thc�t are expressly prohibited by this Security I�isU•wnent or Uy ApplicaUle Law. If flie Loau is suUjeci to a law wluch sats maximum loan charges, �uid that law is fnially interpreted ao thaf tlie interest or other loan char�es collected or to Ue collected iii coimeotion with the Loan exceed the pormitted lin�ifs, Ihent (a) �ny sach loan chargc sha]] bc reciuced by the a�nomlt necessaiy to reduce the oharge to the permitted linut; And (b) any sums alrendy collected&om Borrowec wl�ich oxcceded permittcd liinits will be rafunded to Borrower. Lender inay choose to malce tlus ref'und by raducing the principal owed imder the N�te or by making a dircct paymcirt to Borrower. if a refimd redtiices prnicipal, the redncdon will be txeated As fl pertial prepayment without pny prepaymenf ohArge(wliether or not n prepayineni chaigo is provided for under die Note). Borrower's acceptaxice of any sttch refitnd u�ade by direct pxymeut to Borr�wor will cc�veCitufc a waiver of�i1y rigl�t of action Borrower might Uave arising ont of sueh overcharge. 15. Notices. All noticos 6�ven by Ron�ower or l.ender in connection wiTh tlris Security Insfemnent magt be in writing. Any notiee ta Borrowor rn connec6on with Rhis Sccurity Lnst��ument ahall be deemed to l�ave bee�i given to Borrower when mpiled by firs[claes mnil or when achtally delivered t'o Borrowa''s noticc address if sent by oYher me�is. Notice to any ono Bonrower sha11 constitute noflce to flll Borrowers unleas Applicnl�le T,aw expressly requirc�s otherwise. The uotice address shall Ue tl�e Property Address unless Borrower hes 24003744 NEBRASKA-Singla Femlly-Fennle bl aelFretltlle bl ec UMFOIibI INSTRUM ENT Porm 302�97�1 VMP(� VMP6(NF1(110G) Walters Kluwer Finantlel 9orVlaas Pnqe f1 of 1]