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201401093
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Last modified
7/20/2017 10:22:38 AM
Creation date
2/27/2014 8:57:02 AM
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201401093
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��14�1�93 <br /> Se�urity I��s�rument, whether or nn��hen due. "�pp�s�ng Party" means�he th�rd party�hat o�ves Bflrrower <br /> Misce�laneous Pro�eeds t�r �he pa�-�ty aga�ns�wh�m Bo�-rowe�- has a right�f action �n regard to M�scel�aneaus <br /> Proc�eds. <br /> Borrower shall be in defaul�if any aC�ion o�-p�-oceedi��g, vwhethe�-civil ar c�-imina�, �s begun tha�, in Lender's <br /> judg��ent, couid result in forfe��ure of the Praperty ar o�her materia� impa�rmen�of Le��der's in�erest�n the <br /> Prope�ty or rights unc�er��is 5ecu�•ity Insf�•u�r�ent. B�rrav�er can cure such a default and, if acceleration has <br /> occu�-�-ed, reinstat�as pro�ided ��� Section 19, b�causing the ac��on or p�-oc�eding�o be dismissed with a <br /> r�uling that, in Lende�-'s�udgment, pre�ludes forf�i�ure of�l�e Praperty Qr��her rna�eriai �mpairmen�of <br /> L.,ender's interest in �he Pr�per�.y�r righ�s under this Se�u�-�ty Ins�rumen�. The p�-ace�ds of any avva�•d ar <br /> clait-�� for damages�hat are at��-i�u�able t�the impairmen�of L�nder's interes�in�he Prope�rty ar�he�reby <br /> assigt�ed and shall be paid t�Lend�r. <br /> All Misc�llanenus Proceeds�ha�are no�applied�o res�ora�io�� or �-epair of the Pr�perty sha�I be applied �n <br /> the order prflvided foY- i n Secti on 2. <br /> �2. Borrower Not I�eleased; Farbearance By L�nder Not a VIIa�Wer, Ex�ension of the time fo�-payment or <br /> madif ca�ion of amor�izat�an of�he sum�secur�d by this Securit}r�nstrun�ent g�-anted by Lender to Borr�v�er <br /> ar any Succ�ssor i�� �nterest of Barro�rer shall no�aperate to re�ease�he liabili�y of Borrow�r or any <br /> Successo�s in In�eres�of Borrower. Lendei-shail no�be�-e�ui�-ed t� commenc�p�-oceedings aga�ns�any <br /> Successor in Ynterest of B�rrow�r ar�Q refuse tfl ex�end tirne far paymen�or o�herw�se madify amortiza��on <br /> of�he sums secured by this Security�n�trumen�by reasan af any demand made by the origina� Borrov�re�- ar <br /> an}� Successors in �n�e�•es�of Bor�-ower. Any f��-bearance by Lende�- in exercising any righ�or remedy <br /> inciuding, without�imitation, Lend�r's accep�ance of payrn�ents from third persons, entities or Successors ��� <br /> In�erest of Barrov�er or in amou��ts less than the amount then due, shal� n��be a wa�v�r of o�pr��lude�h� � <br /> exerc i se of any���ght�r x•emedy. <br /> 13. Joint and Several Liab��ity; �o-signers; SuccessQrs and Ass�gns Baund. Borrawe�• covenants and <br /> agrees that Borrower's obligatians and liability shail be joit��and se�eral. H�we�er, any Borr�w�r vvho <br /> co�signs tl�is Security�ns�rumen�but does nat execute the No�e�a"co-signer"): �a} �s co�sign�ng�h�s <br /> Securi�}r Yns��-umen�on�y�a mortgage, g�-ant and con�ey the cn-signe�-'s �nte�-est in the Pr�perty under th� <br /> �erm� of this Security Yns�rum�nt; (b� is not perso�ally obliga��d�o pay�he su�ns secured b�r�his Secur��y <br /> �ns���um����; and ��� agrees that Lender and any �the�-Borr�wer can agree tia e�tend, modify, f�rbear or make <br />� any accomm�da�i�ns v�rith regard�a�he�erms of�his Secu�-i�y�ns�rumen� or�he No�e withou��he co�signer's <br /> �ansen�. <br /> 5ubjec��o�he provis�ons of 5ect�on 1 S, a��y 5uccesso�r �n���.terest of Borrowe�-wha assumes Barxower's <br /> alu�iga�i�ns under�h�s Securi�y�ns�rument�n v��-it�ng, and is app�•o�ed by Lend�r, shall �b�a�n all of <br /> Bor�awe�-'s �-�gh�s an�i benef�s under�his Security �fls��•umen�. Borrower shall no�be re�eased from <br /> Borrov�er's obl��;ations and Iiability under this Security Ins�rument unles�Lender agrees ta�uc� release �n <br /> wri�ing. The co�e��an�s and agreemen�s of�his S�curity Instrument�haii �i��d (except as prflvided in Section <br /> 2�� and benef���he successc�rs and ass�gns of Lender. <br /> 'i 4. Loan Charges. Lende�- may cha�-ge Bo�-�•owe�- fees far se�•v�ces pe�-f��-m�d in conn�cti�n with Borrov�er's <br /> d�faul�, for�l�e purp�s�flf pro�ec�ing Lender's interes� ��� the Property and rights unde���his 5ecurity <br /> Instrurnen�, i��cluding, �u�not limi�ed to, at�or�eys' fees, proper�y insp�c��on and�aluation fees. Tn regard to <br /> any❑ther fees, �he a�asence of express authority in this Secuz-ity Ins�rument to charge a specific fee�o <br /> Borrower shall no�be cons�rued as a p�-ohibition an�he charging of such fe�. Lend�r may��o�charge fees <br /> �hat are expressly p��ohibited by this Secur��y In�trumen�or by Applicahle Law. <br /> $�o��s�so3 $so�5s�s�� <br /> N�BRASKA-Single Family-Fanrtie M aelFreddis Ma��NI��RNE lNSTRUM ENT WITH Nl ERS Farm 3028 �1�1 <br /> VM p(� VM P�A{NE7�13D�] <br /> Wolfers Kluw�r F'inancial Services Page 11 of�� <br />
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