Laserfiche WebLink
201309419 <br /> agree in writing,the Miscellaneous Proceeds shy be applied to the sums secured by this Security In trmnent whether <br /> or not the sums are then due. <br /> Ifthe Property is abandoned by Bo.L.0,.,vv r, or iZ after notice by Lender to Borrower that the Opposing Party <br /> defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to <br /> Lender within 30 days after the date the notice is gives Leuder is authorized to collect and apply the M scellaneous <br /> Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether <br /> or not then clue. "Opposing Party" m the third party that owes Borrower Miscellaneous Proceeds or the party <br /> against whom Borrower has a right of action in regard to Miscellaneous Proceeds. <br /> Borrower shall be in default if any action or proceeding,whether civil or crimiriAT, is begun that, in Lender's <br /> judgment,could rest in forfeiture ofthe Property or other material impairment of Lender's interest in the Property <br /> or rights under this Security-instrument. Borrower can cure such a default and,if acceleration has oc wed,reinstate <br /> as provided in Sccfion 19, by causing the action or proceeding to be dismissed with a. ruling that, in Lender's <br /> judgment, precludes forfeiture of the Property or other material impainnent of Lender's interest in the Property or <br /> rights under this Security Instrument. The proceeds of any award or oT nirn for c i n ges that are attr bnthhie to the <br /> impairment of Lender's interest in the Property are hereby a signect and.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 /> 1L Borrower Not Released;Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> modification of amaortization of the sums seared by this Security Instrument granted by Lender to Borrower or any <br /> Successor in Interest of Borrower shall not operate to release the liability of mower or any Successors in Interest <br /> of Borrower- Lender shall not be required to corm—"-ice proceedings against any Successor in Interest of Borrower <br /> or to refase to L Kd tinie for payment or otherwise se modify amortization of the sums secured by this Security <br /> Lastrument-by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any <br /> forbearance by Lender in exerciSing any right or remedy including, without limitation, Lender's acceptance of <br /> payments from third persons, Mies or Successors in Interest of Borrower or in amounts less than the amount then <br /> due, shall not be a waiver of or preclude the exercise of any right or remedy. <br /> 13. Joint and Several.LiaNlitp Co-signers;Successors and Asia Boxm]. Borrower covenants and agrees <br /> that Borrower's obligations and liability shy be joint and several However,any Borrower-who co--signs this Security <br /> Instrument but does not execute the Note(a"co—signer"): (a)is co-si.aring this Security Instrument only to mortgage, <br /> grant and convey the co-signerr s interest in the Property under the terms of this Security s oxen is not <br /> personally obligated to pay the sums secured by this Security Instrument and(c)agrees that Lender and any other <br /> Borrower can.agree to extend,modify, forbear or make any accommodations with regard to the terns of this Security <br /> Instrument ox the Note without the co-signer's consent <br /> Subject to the provisions of Section 18, any Successor in merest of Borrower who assumes Borrower's <br /> obligations under this Security. . ent in wry, Id is approved by Lender,shy obtain all ofBorrower's r ghts <br /> and b enefts under this Shy Instrument. Borrower shall not be released from.Borrower's obligations and liability <br /> under this Security hstrornent unless Lender agrees to such release in wriling. The covenants and agreements of this <br /> Security Instrument shall bind(except as provided in Section 20) and benefit the zccessors and assigns of Leer, <br /> 14. Loan.Comes. Lender may urge 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 tbiS Security Instrument, <br /> s <br /> including, but not litniied to; attorneys' fees,property inspection and vahlation fees_ In regard to any other fees,the <br /> absence of express authority in this Sty Instalment to charge a,specific fee to Borrower shall not be construed <br /> as a prohibition.on the charg g of such fee_ Lender may not charge fees that are expressly prohibited by this Security <br /> Tr,strilTileTA or by Applicable Law. <br /> Tithe Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the <br /> interest or other loan charges collected or to be collected in connection with the Loan exceed the permitte-d mss, <br /> then: (a)any such loan charge shall be red'wed by the amount necessary to reduce the charge to the pitted limit; <br /> and(b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. <br /> Lender may choose to make this read by reducing the principal owed-under the Note or by making a direct payment <br /> to Borrower_ If a refund reduces principal, the reduction will be treated as a partial prepayment wit'hout. any <br /> NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Deaf/vie iaRwmas <br /> Form 3028 1/01 Page 9 of 14 www..doczna_gic,Calli <br />