201401587 - Laserfiche WebLink

Browse

��14�1557 Security Ins�rumen�, whether or nat �ten due. "t�pp�sing Party" means the third party that awes Barrvwer Misce�laneous Praceed�ar the party a�ainst whom ��rrawer ha�a righ�of action in r�gard to Mis�ellaneaus Proceed5. Borr�v�er�ha11 be�n defauit if any acti�n nr proceeding, wheth�r civi� or crimina�, is begun that, in Lender's judgment, could result �n f�rfeiture o�the Property �r ather material impairment of Lender's interest in the Property or r�ghts under �his S�curity Instrum�nt. B�rruwe�r�ar� cure such a defau�t and, if accel�ratian has occurred, reins�ate as pro�ided in Se�tian 19, by causing the act�on or praceeding to be di�missed with a ruling that, in Lender's judgmen�, precludes f�rfeiture af the Property �r other materia� impairment of Lender's interest in the Praperty ar rights under this Secur�ty Instrument. The pr�ceeds of any avvard or c�aim far darnages that are at�ri�u�able to the im�airment of Lend�r's interest in the Praperty are hereby ass�gned and shal�be pa�d tn Lender. All Miscellaneaus Proceeds that are nat applied to r�storati�n ar repair of�he Praperty shall be applied in the order provided far in Section 2. 1�. Barrow er Not F'�el�ased; �rbeara�c� F3y Lender Not a INaiver. Extension of the time far paymeni� or modifrca�ion of amartization of the sums se�ured by thi s Securi�y Instrument granted by Lender to Borrower or any Suc�ess�r in Interest af Borrawer shall nvi operate ta release the liahility of Borrower or any Successars in Interest af Borrower. Lender shail nc�t be required to c�mmence praceedings against any Suc�essor in �n�eres�of Borrower or �o refu�e to ex�end time for paym�nt ar otherwise modify amortizati�n of the sums secured by this Security Instrument by reason of any d�n�and made by the original Barrow�r or any Successvrs in Interest of �arrower. Any forbearance �y Lender in exercising any right or remedy including, without limi�ati�n, Lender's acceptance of paym�nts from third persons, ent�ties or 5uccessors in Int�resr of Borrvwer or in amounts le�s than �he amount then due, shall nat be a waiver of or preclude the exercise of any right or rernedy. 1�, Jaint and Sev►eral Lia�ility; Cv-�igners; Successors and Assigns Bound. Farrower co�enants and agr�es that Borrvwer's obligations and liahility shall he �oint and se�eral. Hflv�rever, any Borrower wha co-signs th�s Security Instrum�nt but does not execute th� l�ote ta "co-signer"): (a} i� co-signing this Se�uri�y Ins�rument only ta mortgage, �rant and can�ey th� co-signer's interes� in the Property under the t�rms af this Security Instrument; �b) i� not persana�ly ohiiga�cd to pay the sums secured b� this Securi�y Instrum�nt; and(c) agrees that Lender anci any other Borro�ver can agree to ex�end, modify, forb��r or make any accflmmodations with regard to �he terms af this Security In�trument ar the N'ote without �he co-signer's consent. Subject to the pravisions of Section 1S, any Succe�sor in Interest of Borrovver vvhv assumes Borrvwer'� obliga�zflns under this Security Ins�rurnen� in writing, and i� approved l�y Lender, sha�.� obtain a�l of Borrower's rights and henefits und�r this Securi�y �nstrum�nt. Borrower shall not be r�leased fr�m B�rrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The co�enan�s and agreements of this Security Instrument sha�l bind (except as provided in Secti�n Z�} and��nef�t th�successors and assigns�f Lender. �4� L�aan Charges. Lender may charge Borrawer fees for ser�ices performed in connection with Borrower's default, for the purpos� of pratecri.n� Lend�r's interest in the Property and rights under ��is Security Instrurnent, including, but not limited to, attorneys' �ees, property inspectiQn and�aluation fees. �n regard t� any other fe�s, the ahsence af express authorxty in this Security Instrument �o charge a specifi� fee to Borrflwer sha.il no� be construed as a prahibition on the chargin� of such fee. Lender may not charge fees that are expressl� prahibi�ed by�his Security�ns�rument or�y App�icable Law. ❑011238f G994 �0011238fiB994� NEBRAS�{A-5ingle Famiiy-Fan�ie Ma�IFreddie Mac EJNIFORM INSTRUMENT VIifTH MERS Fflrm 3�28 110� VMP� VMPfiA�NE�{1342}.U� Wolters Kluwer Fnar�cial Services Pa9e�1 a#1?