201407263 - Laserfiche WebLink

Browse

��14�7��3 '�2, Borro�r er Nat Re��ased; Forb��ra��e By Lender N�t a Vl�a��r. Exten.s�.on of the time for payment or xnodificat�on af amorti.zat�.on of th.e sur.�s seeured�y this Secur�ty Instxument granted by Lexnder�o Barrower ar axly Successor in Interest of Borrotiver sha1�not opera�e�o re�ease�he].xability af Borrower or any Successors in Interest of�orro�ver. L,ender sha1l.not be requ�red to commence proceed�ngs aga�nst any Successar i�Iriterest of Borrawer ar to refus��o e�te�.d t�.me far pay�nent�r oth.erwise modify am.or�ization of the�u�a.s secu:red by�i.i:s Secur�.ty Instrument by reasori of ax�.y dema.nd made by the orig7nal Barrotiver or ar�y Successors�n Interest af Barrower. Any forbearance by Lender in exercxsi�a.g ar�y right or remedy �nc�ud�ng, w�thout 1�mitat�on, Lender�s accep�a�ce of payments from�h�.rd persons, ent�t�es or Successors�n In�erest�f Borrawer Qr in amoun�s�ess than�he amou�xt�herz due, sha1l na�be a waxver of ar prec�.ude the � e�ercise of any right or remedy. �3. Joint a�d �evera� Liability; Go-s�gners� Succe�sors and Assigns �ound. Borrower cove�ants and agrees t�.at Borro�uer`s ob�.�.ga�.ons ax�.d��ab�lity sha11 be�a�.nt an.d several. �Iowever, any Borrower wh� c�-�i.g.n.s�his S�curity I�.s�rux-nen�but doe�not e�ecute the No��a''co--signer"}: �a}�.s co-sigrung t�us Secur�.ty I�a.strum�nt ox�ly to rriortgage; grant anc�con�rey the c�-s�grier's interest�.n�he Property und�r the t�rms of this Security Instrument; �b��s not persona��y ob��gated to pay�he sum�secured by this Secur�ty en�; and�c� a.grees that Le�der and any ath�r Borro�er car�agree to extend, mo dify, forb ear or make any accommodat�on�w�tli regard t�the�erms Qf this Secur�ty Instrument or�he Note withou��he co-szgner's �4�15��].�. Sub�ec�ta t]he pra�r�s�or�of Sec�ian 18, any Successar in In.terest af Borrower who assu�n.�s Bo�rawer's obliga��.an.s u�.d.er�:s S�cur�.ty Instrument in�vrit7n�, aand�s approved by L,ender, shall:abta�r�aY�of B�rrower's r�gh��and bene�ts urider thi:s Secuarxty Instru�nent. ��rrov�rer sha��.na�be re�ea�sed fr�m Borro�rer's obli.gations and liab��ty und.er this Security Ins�ru.ment ur�ess Lender agrees t�suCh release in writing. The covenants and agreements of�h.�.� Secur�ty Instrument shall bi.�d[e�c�pt as provided i.rY Se�ti.o� 2�} and benefit the successors and assign�of L�nr�ex. '�4. Loan Ch�rges. Lender may charge F3orrow�r fees for sex-�r�:ces performed�n connec��.o�.with Borrower's defau�t, far the purpose of protecting r.ender's inter�s�x.x�.the Property and righ�s u�..der�his 5ecur�.ty In.s�rument, �ncluding, but not 1�mited�a, attorneys' fees, property in.spect�.or�ar�d va�uation fees. In.regard to any ather f�es, �he absence of express authorxty i�a.�h�s Security Instrument��charge a specif c fee t� Borra�re�sha1l r�at be co�strued as a prQhY�xt�on on the charging�f such fee. Lend�r may n�t charge fees tha�are express�y prab.ibited by this Secu�ty Ins��ument�r by Appl.i.cable Lav�r. If�h.e Loan�.s�ub�ec��o a�aw wh�.ch se�s m.aximum�oax�charges, and that Iaw�s f�nal�.y�nterpreted so�hat �he interest or other Iaan char�es collected or to be c�llec�ed�in co�nxa.ection w�th the Loan e�ceed the permitted Iirnits, �ien: �a} axxy such loan charge sha�l be reduced by�.a:e amount necessary t�reduce th� �harge�€�the pern.�.t�ed�.�mz.t; and�b} a�xy sums a�.ready callected from Barrower wh�.ch exceeded permitted �imits w��be refunded to Borrawer. Lender may choose�o ma��this refund by reduc�ng�he pri-r�c�:pa1 owed under the�Nate or by ma�ig a d�rect payment to Borr�w�r. If a refu�a.d reduces principal, the reduc��.or��w�i�.�. be trea�ed as a pa.r�a.a�.prepayme�.t w�thout any prep�.yment charge(whether or r�flt a prepay.naent charge is prov�ded far uazder�he Note�. �orrower's acce�atance af a.�y such refux�.d made by d�rect payment to Borrower will canstitu�e a wa�iver af any right af action Borrower rnight hav�ar�.s�.ng out of�uch overcharge. '��. N ati�es. All.not�.ces g�.ve�by Borrower or]Lender in.connect�.on with this 5ecurity Instrume�a.t must be zn writing. Any n.oti:ce tQ Borrower in canneet�.on wx.th�his Secur�ty Instru�nerit shall be deemed to have been g�.ven to�orrower when ma��e�by first class mai�or ur�i�r�actua�Iy de�.�.vered to�orrawer`s�otic�addre�s�.f sent by o�her mean�. N�tice to any Qne B�rrower s�a11 consti.tute n.at�.ce to a��Borrowers unless App].zcabl.e Law expressly requ�res�thertivise. The notice address shall b�the Proper�y Addre�s un�ess Borrvv�er has 24��7392 NEgRASKA-Sing[e FamE[y=Fannie Ni aelFreddie Ni ac UN[F�P.M fNSTR�IV[ENT Form 3�28 1�01 VNi P[R] VM P6{NE}{�3�2} W a€ters Kf�aw er Finar�cial Servi�es Page�'[ of'i 7