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201301985 <br /> 216302723 <br /> Instrument,whether or not then due. "Opposing Party" means the third party that owes Borrower <br /> Miscellaneous Proceeds or the party against whom Borrower 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 this Security Instrument. Borrower can cure such a default and, if acceleration has <br /> occurred,reinstate as provided in Section 19,by causing the action or proceeding to be dismissed with a ruling <br /> that,in Lender's judgment,precludes forfeiture of the Property or other material impairment of Lender's <br /> interest in the Property or rights under this Security Instrument The proceeds of any award or claim for <br /> damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and <br /> shall be paid to Lender. <br /> All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the <br /> order provided for in Section 2. <br /> 12. Borrower Not Released; Forbearance By Lender Not a Waiver.Extension of the time for <br /> payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to <br /> Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any <br /> Successors in Interest of Borrower. 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 otherwise modify amortization of <br /> the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any <br /> Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, <br /> without limitation,Lender's acceptance of payments from third persons,entities or Successors in Interest of <br /> Borrower or in amounts less than the amount then due,shall not be a waiver of or preclude the exercise of any <br /> right or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower <br /> covenants and agrees that Borrower's obligations and liability shall be joint and several. However,any <br /> Borrower who co-signs this Security Instrument but does not execute the Note(a"co-signer"): (a) is co-signing <br /> this 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 extend,modify,forbear or make <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 Section 18,any Successor in Interest of Borrower who assumes Borrower's <br /> obligations under this Security Instrument in writing,and is approved by Lender,shall obtain all of Borrower's <br /> rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations <br /> and liability under this Security Instrument unless Lender agrees to such release in writing.The covenants and <br /> agreements of this Security Instrument shall bind (except as provided in Section 20)and benefit the successors <br /> and assigns of Lender. <br /> 14. Loan Charges.Lender may charge Borrower fees for services performed in connection with Borrower's <br /> default,for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, <br /> including,but not limited to,attorneys' fees,property inspection and valuation fees.In regard to any other fees, <br /> the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be <br /> construed as a prohibition on the charging of such fee.Lender may not charge fees that are expressly prohibited <br /> by this Security Instrument or by Applicable Law. <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MFRS Form 3028 1/01 <br /> VMP® VMP6A(NEI(1105).00 <br /> Wolters Kluwer Financial Services Page 11 of 17 <br />