201405016 - Laserfiche WebLink

Browse

��14�5�1� 2�14D4��4 �2. Barr�wer Nat Released; Farbearance By Lende� Nat a V�lai�er. Ex�ens�on af the time far pa�rn�ent or �nodifica��an of amortization of t��e sum�secured by this S�cu�rity �nstrumen�granted by Lend�r to Barrower or a�� Successor in Interest of Borro�v�r shall not operate to r�lease th��iabili�y of Borrov�er ar any Suc��ssors in�nteres�of 8orrawer. Lender shail not be requ�red�o commence proceed��gs a�ainst any Su�cess�r�n�nteres�of Borrow�r vr to refuse ta extend time for payment or atherwise mod�fy anzartization vf the sums secur�d b�this 5ecurity�z�stru�nent by r�ason af any demand made by the�riginal B�rr�wer or any Su�cesso�s in�n�e�es�of��rrovver. Any forbearance b�I�nder�n ex�rcisin�any ri�ht ar remed� in��uding, withau��m��a�i�x�, �.end�r's acc�p�an�e of payxnents fram third persons, �ntities ar�uc�essars �n �nteres�af�3orr��rer or in amoun�s less than the amount then due, s�al� not b�a waiver of ar preclude�he exerc�se of any r��t�r remedy, '13. Jo[nt and S��eral �.�ab�l�ty; �a-signers; Successars and Assigns Bound. Borrower cav�nants and a�ree�that�orrower's obligat�ons and Iiability s��aii be jaint and sev�ra�, H�w�ver, an�Bflrro��er wha cQ-si�ns�his Secur��y �ns�rument bu��oes not exe�ut�th�Note�a"ca--signer"}: �a}is co-signing this Securi�y�nstrument only�o mor��a�e, grant and canvey�he co-signer`s in�eres��n the Propert�under�he �erms of th�s Security�nstrument; �b} is not persanally ob��gat�d�o pay the sums secured h��his Security �nstru�nent; and�c�a�re��hat I,ender and any other Borrav�er�an agre��a extend, madify, fnrbear ar�nake any ac�ommoda�ions w�th regard ta the terms of this Security Ins�rument or�he Not�uri�hout the co-s�gner's consen�. Subje��to the provisians of Se�tion 18, any Success�r in �nterest af Borr�wer��ho assume�Barra��er's abliga�ions under t�is 5ecur�ty�nstrument in�r��ing, and is apprnved by Lend�r, sha11 abta�n al�of �orrower's righ��and benef��s under t��is Se�urit��ns�rurnen�. Borr�wer sha�1 nat be re�eased from Borrower's o�I�gations and�iahi�ity under this Securi�y Instrument unless Lender agre�s to such reiease in �vriting. Th�covenants and agreernents af t�is Securit� �nstrument sha�l�ind��xcep�as prowided in Seetion ��}and benef��the successo�'s and assigns of Lender, �4. L�an �har�es. L.ender ma�charge Borrower fees for ser��ces performed in connec�ion w�t��Borrower's default, far th�purpose of�rotect�ng�..ender's interes�in the Pr�pert�and rights under th�s Securi�y Ins�rumen�, inc�ud�ng, but nat 1�n�.ited to, a�t�rne�s' fe�s, property inspectian and va�uat�an fees. �n r�gard to an�o�h�er fees, the absenc�of expr�ss au�harity in thiS Se�urity �nstrument to char��a specific fee�o Borr�vver shal� not be�anstrued as a prahi�i��o��fln the�har��ng of such fee. Lender m�y not char�e fees tha�are expressi�r prohibi�ed b}�this Securi�y�nstrumen�or h� Applica�l�Law. �f the I,aan is subje�t to a Iaur which sets max�mum Ioan charges, and that�a�nr is f�nal�y in�erpreted so�hat the interest or other�aan charges ca��e��ed�r to b��ollee�ed in connection vvi�h�h�I.aan exceed the permi�ted�imits, then: �a�an�such l�an charg�sha��b�reduced�y the amoun�necessary to reduce the charge�o the permit�ed iimi�; and�b}any sums a�read�col�ected�raxn Borra�v�r��hich exceeded pernutted limi�s�u�l�be refund�d t�B�rr��er. Lend�r may choase tc�make�his re�und h�r�duc�ng the pr�ncipai ar�ved und�r�he Note or by making a d�re�t pa�ment to Borro�v�r, �i a refund reduces principa�, �he reduc��an wil� b�treated as a partia�pre�aymen#wit��out any pr�paym�nt charge�whether or not a�repaymen�char�e�s pro�rided for under the No�e}. Borrovsrer's acceptance❑f an�su�h refund mad�by dir�ct pa�ment t� Borrower wi��cansti�u�e a wai�er of an�ri�h�of action Borrourer might have arising ou�af such o�ercharge. "�5. Na�ices. AI�nfl�ices given by�orro�er❑r I.�nd�r in connectian��ith th�s Security Ins�rument must be in ��vr�ting. Any no�ic��o Borrovver in conn�ct�on��rit�this Secur�ty�nstrument shal�be deemed to have�een g��en ta�3arrav�er��hen ma��ed h� fi�rst c�ass ma��or w��en actuai��delivered�v�vrrow�r's notice address�f sent b�oth�r means. Not�ce�o any one�orro�er shal�c�nstitu��no�ice ta all Borrawers unXess App��cab�e Law express�y requires athe�-v�ise. T`h�natice address sha��be the property A�dress unless B�rr�wer has NEBf�ASKA-5in�le Far�ily-�annie Ma�IFreddie Ma�UNIF�RM IMSTRUMENT Farrn 3428 1101 VMP[� VMP6�N�)i'i 302} Woiters K#uwer Financia[Servi��s Page 11 vf i 7