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201211193
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Last modified
7/20/2017 10:08:24 AM
Creation date
12/31/2012 10:18:59 AM
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DEEDS
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201211193
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201211193 <br /> 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> modificaYion of amortizalion of the sums secured by tlus Security Instrument ganted by Lender to Bonower <br /> or any 3uccessor in Interest of Boaower shall not opzrate to release the liabiliry of Borrowei or any <br /> Suecessors in Interest of Borrower. Lender shall not be required to coxnmence proceedings against aay <br /> Successor in Interest of Borrower or to iefuse to extend time for payuient or otherwise�nodify amortizafion <br /> of the sums sec�sed by tLis Securii7 Instrtuneart b�reason of any demand made by the original Sorrower pr <br /> any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy� <br /> including, without limitation, Lender's aweptance of payinents from third persons, entities or Successars m <br /> Interesf of Borrower or in amonnts less tban the amount then due, shall not be a waiver of or preclude the <br /> �ercise of any ri�t or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and <br /> a�ees that Sorror�rer's obliga6ons and liabiliry shall be joint and several. However, any Borrower who <br /> co-sigis this Security Instrument but does not execute the Note(a"co-signer"): (a) is co-sigung fliis <br /> Security Insh-ament only to mortgage, grant aaid convey tha co-signer's interest ln the Property under the <br /> tenns of this Security Instnunent; (b) is noC personally obligated to pay the swns secured by tlus Security <br /> Insirument; and(c) a�ees tt�a#Lender and any other Borrower can agree to extend, modify, forbear or make <br /> any aceommodations 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 Section 18, any Successor in Interest of Bonower who asswnu�Borrower's � <br /> obligaticros uncler tlus Security Instrument in writing, and is approved by Lender, shall obtain all oP <br /> Borrower's rights �d henefits under this Security InsWment. Barrower shall not be released from <br /> Borrower's obligations and liability under ihis Security lnstrument unless Lender agees to such release in <br /> writing. The covenants and aereements of this Security In�inunent shall bind(except as providecl in Secfion <br /> 20) and benefit the successors and assigns of Leaider. <br /> 14. Loan Charges. Lender�nay charge Borrower fees for services performed in connection with Borrower's <br /> default, for the purpose of protecring Lender s interest in the Property and rights under fliis Security <br /> Instrument, including, but not liinited to, attomeys' fees, property inspection and valuation Pees. ln regard to <br /> any other fees, the absence of express authority in this Security Ins�tnunent to chazge a specific fee to <br /> Borrower shall noc be construed as a prohibition on the chazging of such fee. Lender may not charge£ees <br /> that�e expressly prohibited by tl�is Security Insttument or by Applieable Law. <br /> If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that <br /> the inierest or other loan charges collected or to be collected in connection with the Loan exceed the <br /> pennitted liinits, thes (a) any such]oan charge shall be reduced by the aznounC necessary to reduce the <br /> chazge to the psrmitted limlt and(b) any sums alread.y collected from I3orrower which exceeded permitted <br /> limits wi11 be refunded to Borrower. Lender may choosc to make this refund by reduci�g The principal oweci <br /> undea�the Note or by�aking a direct payxnent to Borrower. If a refund reduce5 piincipal, the xeduction will <br /> be treated as a partial prepayment without any prepayment charge(whether or not a prepayment cl�azge is <br /> provided for under ihe Note). Borrower s aecepta�ice 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. N otices. All notices given by Borrower or Lender in connection`xith this Security Instrument inust be in <br /> writing. Any notice to Borrowex in connectian with this Securiry Instrument shall be deemed to have been <br /> given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if <br /> sent by othcr ineans. Notice to any one Borrower shall constitute notice to all I3o+-rowers unless Applicable <br /> Lazv expressly requires otherwise. The notice address shall�e the Properry Address unless Borrow�es has <br /> 2400322] <br /> NEBRASKA-Single Family-Fannie A7aeIFredGle Mac UNIFORM INSTRUbIENT Form 3�28 1101 <br /> VfvlP� VMPB(NE)(1105) <br /> Wolters Kluwu Financial$ervices Page 11 of i] <br />
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