201403443 - Laserfiche WebLink

Browse

��14�3443 'i�. Borrvwer Not Re�eased; Forhearance By Lender Not a 'VV'ai►ver. Extension of the�ime for paymen�ar modificat�an of amor��zation�f the sums secured b��his Securi�y �ns�rum�nt granted by Lender�o Borrower or any Success�r�n�n�erest�f Barrower shai� �o�op�rate�� release th��iab�lit�of Borrower or any Successors �n�ntere�t af B�rrower. Lender shall not he required to commence pro��edings against any Succ�ssor in�n�erest of B�rrav�r�r or�o refus�to ex�end �ime for pa�me��ar oth�r�nris�madify amor��za�ion of the sums secured by�his Se�uri�y�nstrument by reasan af an� deman�mad�by�he orig�na� Borrow�r or any Successors in�n�erest of Borraw�r. Any forbearance�y Lender�n exercising any right or r�med� inc�uding, vw�th�ut�imita�i�n, L.�nder's accep�ance of paym�nts from third persons, ent�ties or Success�rs in In�erest af Borrower or�n amounts �ess than�he amount�hen due, sha�� not be a wai�er of or prec�ude��ie exercise of any right or re�m.�dy. �3. Jaint and Severa! L�at�ility: �o�signers; SucGessars and Ass�gns Baund. Borrower co�enants and agrees�ha�Borrower's ob��gat�ons and�iab�li�y shall be�oint and several. �av�re�er, an� Borro�nrer who co�s�gns this Securi�y �n�trument bu�does no��xecu�e the Note�a "co-s�gner"�: �a� is co-signing th�s Secur��}� Instrument�nly t�m�rtgage, gran�and con�ey the co-signer's �n�erest in the Proper�y under the ter�ms of this Secur��r�nstrument; �b} is not p�rsonally obliga�ed t�pay�he sums secured b�th�s Secur��y Ins�rument; and �c� agrees tha�L,ender and an� ather B�rrower can agr�e�a e��end, m�dify, fflrbear or make any ac�ommodat��ns v�i�h regard to th�terms�f th�s Securi�y �ns�rument or�he Note vvi�hau�the co-signer's consent. Subject ta the provis�ons of Section �8, any Su�cessor in In�erest of Borrower v�rh� assurnes Bor�-ov�er's ob�igations under�h�s Securi��Instrumen�in wri�in�, and is appro��d by Lender, sh�il obt�in all nf Borrov�rer's r��;h�s and bene�ts under this Securi�y�ns�rurnent. Borrawer sha�� no��e released from Barrower's o��igatxans and liabi�ity under�his Securit� Instrument unless Lender agrees �o such release�n writing. Th�cavenants and agreem�nts�f�h�s Securi�y �nstrument shall �ind �except as pro�ided in Sec��nn 2�} and bene�t th�successors and assigns of L.end�r. �4. Loan Charges. Lender may char�e B�rrav�er fees for services performed in connection wi�h Borrovver's defaul�, f�r�he purpose of prQ�ecti�g L.end�r's interes��n the Pr�pert� and righ�s under�his Secur�t� �ns�rumen�, �ncluding, bu�n�t lim��ed to, attorn�ys' fe�s, pr�perty inspection and�aluation fees. In regard to an�other fees, th�absence of express authori�� in this Security Ins�rumen�to charge a specific fee�o Borrower shall not be cons�rued as a prohib�t�an on�h�charging o�su�h fee. Lender may n�t charge fees that are express��prohibi�ed by this Security �nstrumen�or by App��cabie Lav�. �f the Loan is subject to a law wh�ch sets max�mum�oan charges, and tha� law is f�nal�y �nYerpre�ed so that the interes�or o�her loan charges�ol�ec�ed or to be co��ected in�onnec�ion v�i�h�h.e Loan exceed�he perm�t�ed limits, �hen: �a} any �uch�oan�har�e sha��be reduced by the amoun�necessary to reduc�th� charge t��he permi��e�limit; and ��} an� sums alread�coilec�ed from Borrower vvh�ch exc�eded permitt�d limits�uill be refunded to Borr�wer. Lender may ch�ose to make th�s refund�y reducing�he pr�ncipal owed under the No�e or�y making a direct pa�men�to Borrower. �f a refund reduces pr�nc�pal, the r�du�tion wi�� be treated as a par��a1 prepaymen�withou�any prepa�rment charg� �v�h��aer nr no� a prepa�men�charge�s provided for under the No�e}. Borrower's accepfian�e of an� such refund made by direc�payment�o Borrow�r wi�� constitute a v�ai�er of an�ri�h�of act�on Borrov�er m�ght have arising out of such a�ercharge. 1�. Notices. .�,�� n�tices g�ven b}� Borrav�er or Lender�n�onne�tion��h�his Security �nstrumen�must be in v�ri�ing. Any no��ce to Borrower in��nnect�an w�th th�s Se�ur�ty Ins�rument shall be de�med�o have been g��en to Bnrrawer vvhen mailed by �rs�c�ass ma�� ar v�rhen actua��y deii�ered��B�rr�v�er's n��ice address if sen�by other means. Notice t� an�one Borrovver sha11 const�tu�e no�ice to a�i Borrowers un�ess App��cabie Law expressiy requir�s o�her�ise. The nat�ce address shall be the Proper�y Address unless Borrower has N�BRASKA-5ingie�amily-�annie MaelFreddie Mac[]NIF�ftM INSTRLJMENT �orm 3028 11�� VMP Q VMPG�NES(13�23 Walt�rs Kluwer Financia!Ser�i�es Page�1 af 17