201402576 - Laserfiche WebLink

Browse

��14��57� '1�. Borr�wer Not Re[�ased; �vrbearance By Lender Not a Wai�er. Ex�ension of the��me for payment or mndifica��on nf amortizati�n of�he sums secured by�his Se�urity �nstrument gran�ed b� Lend�r ta Borrower or any Successor in�n�erest of BQrrov�rer shall not operat�to re�eas�the liabili�y af B�rrower or any Suc�essors �n�n�eres�of Borrower. Lender shal� no�b�required�o commence proc�edings against an� Suc�essor�n�n�erest o��orrower or to refuse to extend�irne for payment ar�therv�ise mod�fy amort��ation af�h�suz�ns secured b��his Securi�y �ns�rument by reason of an�demand made by the origina� Borrower or any Su�cessors in �n�erest of Borrower. Any fnrbearance by Lender�n�xerc�s�ng an�righ�or remedy includ�ng, v�i�hou��imi�ation, Lender's acceptance of pay�nents from�hird persons, en�ities or 5uccessors in �nteres�af Barrower or in amoun�s less�han�he amaunt then due, shai� no�be a waiver nf or pr�clude�he exerc�s�af any r�ght or remedy. '13. Jaint and Se�era� Liab��ty: �o�signers; Successars and As�igns Baund. Borrower�o��nan�s and agre�s that Barrower's ob��gations and liabi�i�y sha11�e�o�n�and sev�ral. Ho�ever, any Borrower wh� ca-szgns this Secur�ty �ns�rurnen��u�d�es not execut��he No�e�a "c�-s�gner"}: �a} is co-sign�ng�his Securi�y �ns�rument anl�to mortga�e, gran�and cflnve��h�ca�sign�r's �nterest in�he Praperty under the terms of�his Secur�ty �nstrument; ��} is no�personall�obliga�ed tn pay�he sums se�ured by this Security �nstrumen�; and �c} agrees that Lender and any�ther Borrower can agree to e��end, xnodify, forbear or make any acCommoda��ns with regard to�he�erms of this Securit� �ns�rumen�ar�he Note wit�aout��e ca-s�gner's �onsent. Sub�e��o�he pro�isions of Sect�on �S, any Successor in �nterest of B�rrower v�rho assumes Borro�er's ob�i�ations under�his Security �ns�rument�n vvriting, and is appr��ed b�Lender, sha�� ab�a�n a�� af Borrawer's r�ghts and benefi�s under�his Secur��r Ins�rum�nt. Bnrrower sha11 not be relea��d fram Borrower's abligations and liability under this Security �nstrument unles� L�nder agrees to such release in v�rriting. The co�enan�s and agreements of this Security �nstrument sha�l bind �except as pro��ded in Sec�ian 2a} and benefi�the successars and assi�ns of Lender. �4, Lvan Charges. L�nder may charge Borrovver fees far ser�r��s performed �n connect�on vvith Borrower's default, for the purpose�f prote�ting L.�nder's interes��n the Proper�y and rights und�r�h�s Security �ns�rument, inciuding, but no��im�ted ta, attarneys' fees, propert� �nspec��on and valuation fees. �n regard �o any other fees, the absence af e�press authori��r �n�his Security �n�trument to charg�a sp�ci��f�e ta B�rrower sha�i not be�onstrued as a pr�hibit�an�n the charging of such fee. Lender may not charge f�es �hat are expressly prohih�ted by th�s Security Instrum.�n�or by Applicable Lavv. �f the Loan�s sub�ec�ta a law which se�s max�mum Iaan eharges, and tha��aw �s fina��y �nt�rpre�ed so �hat the interest or��her Ioan charges coliec��d ar to b�c�ileeted in connection vv�th the Laan exceed the permi��ed limits, then: �a} an}� such loan charge sha��be reduced by�he amaunt n�cessar}��o reduc�the charge�o the permi�ted l�rnut; and�b} any sums a�ready col�ec�ed fr�m Borrower which exceeded permitted Iim��s wi��be refunded to Borro�er. L�nder may chaose�o make this refund b�reducing the pr�ncipa� ov�red unde�the Nate ar�y making a direc�payment�a Borrnv�►ler. If a refund reduces principa�, th�reduc�ian w�11 be treated as a part�a� prepa�rment without any prepayrn�.en�charge�whether�r not a prepayment charge i� pr�vi�.ed for under�he No�e}. Borraw�r's accep�anc�of any such r�fund made by d�re�t payment�o Borrower wil� constitu�e a�vaiv�r�f any r�ght�f action Borrow�r migh�ha�r�ar�sing aut of such o�ercharge. '15. N�tices. AI1 no�ices giv�n by Borrower or Lender in cannect�on with this Secur��y �nstrument mus��e in wr��ng. Any notice to Bar�rower in�onnec�ion with this �ecuri�y �nstrument sha��be deemed ta have been giv�n�o Borr�wer v�rhen mailed by f�rst c�ass maii or v�hen actua��y deii�ered�o Borro�er's not�ce address �f sen�by ather means. No��ce tn any one B�rrower shal� cons�i�ute notice to all Borrowers unless App�icabie Lavv e�pressl� requ�res otherwise. The natice address sha��the Property Address un�ess B�rrower has NEBRASKA-Single Family-Fanni�MaelFrecldie Mac UNIF�RM 1NSTRUM�NT �orm 30Z$�1�1 VMP� VMPfitNE;(1302� Watters KEuwer�inancial 5er��c�s Page�1 af 17