201403912 - Laserfiche WebLink

Browse

201403912 � Security Instrument,whether or not then due. "Opposing Party"means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Bonower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding,whether civil or criminal,is begun that,in Lender's judgment,could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument.Borrower can cure such a default and,if acceleration has occurred,reinstate as provided in Section 19,by causing the action or proceeding to be dismissed with a ruling that,in Lender's judgment,precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument.The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property aze hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released;ForbearanceBy LenderNot a Waiver.Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Bonower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secwed by this Secutity Instrument by reason of any demand made by the original Bonower or any Successors in Interest of Borrower.Any forbearance by Lender in exercising any right or remedy including,without limitation,Lender's acceptance of payments from third persons,entities or Successors in Interest of Borrower or in amounts less than the amount then due,shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability;Co-signers;Successorsand AssignsBound.Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several.However,any Borrower who co-signs this Security Instrument but does not execute the Note(a"co-signer"): (a)is co-signing this Security Instrument only to mortgage,grant and convey the co-signer's interest in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay the sums secured by this Security Instrument;and(c)agrees that Lender and any other Bonower can agree to extend,modify,forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18,any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing,and is approved by Lender,shall obtain all of Bonower's rights and benefits under this Secwity Instrument.Borrower shall not be released from , Bonower's obligations and liability under this Security Instrument unless Lender agees to such release in , writing.The covenants and agreements of tkus Security Instrument shall bind(except as provided in Section , 20)and benefit the successors and assigns of Lender. 14. Loan Charges.Lender may chazge Borrower fees for services performed in connection with Borrower's default,for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument,including,but not limited to,attomeys'fees,property inspection and valuation fees.In regard to , any other fees,the absence of express authority in this Security Instrument to charge a specific fee to $orrower shall not be construed as a prohibition on the charging of such fee.Lender may not charge fees , that are expressly prohibited by this Security Instrument or by Applicable Law. NEBRASKASingle Famly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1/01 ��. VMP� VMPBA(NE)(1302).00 �� Wotters Kluwer Financfal Services Page 11 of 17 ii�iiii��iii i iiii�i��ii�iii iiii i iiiii iiiiiiiii iii �