201407686 - Laserfiche WebLink

Browse

��14�7�5� '��. Bvrrvwer Nnt Re�eased: Forhearance By Lender N�t a �ll�ai�er. Ext�ns��n�f the time f�r paymen�or mod�f�ca��on of amort�zation of the sums secured by �his Security Instrument granted by Lender�o B�rrawer or any Successor�n�nterest of Barrovver sha�� not operate to release the�iabil��y af B�rrower or any Success4rs in�nterest�f Borr�wer. Lender sha�1 not b�required to commence pro�eedings against any Successor�n�nterest of Borrovver or�o refuse to extend �ime far pa�ment or o�herw�se modify amortization of the sums se�Ured b�r this SeGur�ty �ns�rumen�by reason af an�demand made by the flr�g�na� Borrawer or an� Su�cessors in Interes�of Borrower. An�farhearan�e by Lender�n�xercising any right vr remedy includ�ng, wi�hou��imit��ion, Lender's a�ceptan�e of paymen�s from third persons, en�i��or Su�cess�rs in �n�erest of B�rrow�r or in amounts Iess than the amount then due, sha�I no�be a waiv�r�f ar pr�clude�he exercise�f any righ�or renledy. �3, J��nt and Se�eral Liabi�ity; �a-signers; Successors and A�signs Bound. Borr��nr�r�o�enants and a�rees tha�Borro�v�rer's obl��at�nns and �iability sha�1 be�o�nt and s��era�. Hov�re�er, any Borrower who co-signs this Security�nstrumen�but does not execu�e�he No�e�a "co-signer"}: �a} is co-sign�ng�his Securi�y Ins�rument anly to mo�gage, gran�and c�nve�the co-signer's interest in�he Property under the terms of th�s Securi�y Ins�rumen�; �b3 is not pers�nal�y ah�iga��d to pay the sum� s��ured by this Security �nstrum�.en�; and�c� a�rees that Lender and any other Borrower can agree to ex�end, m�dify, farbear�r make any accomrnoda�ions vvith regard�o�h�terms of�his Security �ns�rument or the Nate vv�thout the cv-s�gner's consen�. Subjec��o�he pro��sions of Section �8, any Successor in�nteres��f Borrnv�er who assu�nes Borrower's ab��ga�ions under t��s Secur�ty Ins�rument �n v�ri�ing, and is appro�ed by Lender, shall abtain a�i of Borrower's rights and�ene��s under th�s Se�uri�y Instrumen�. Borrower shall nat be released from Borrower's obl�gat�ons and liability under this Se�urity �nstrument unless I.�nder agr��s to such r��ease in wri�ing. The co�enants and agre�m�nts of th�s Security �ns�rument sha��bind��xcep�as pr�vided in Sectian 24} and ben�f�t the success�rs and ass�gns of I.�nder. �4. Loan �harges. I.�nder may charge Borrower��es for ser,v�ces performed in connec�ion with Borrower's d�fau�t, for�he purpose of protec�ing Lender's interes�in the Pr�per�� and rights under this S�cur�ty �nstrument, including, but not l�mited to, a��orneys' f��s, property �nspectxon an�i valua�ion fees. �n regard�� an�r a�her fees, th�a�sence of express au�hori�y �n this Security Ins�rument to charge a spec�f�c fee to Borrovver shall no�b�cflnstru�d as a proh�bition on the charging of such fee. L�nder may nat charge fees that are expressl�pr�hi�bited by this Securi�� nstrum�n��r by App�icable Law. �f�he Loan is subjec��o a law wh�ch se�s maximum l�an charg�s, and that�aw is finally in��rpr�ted s� tha� th�interest or o�her�oan charges co��ec�ed or�o be co�le�ted in c�nneGt�on wi�h t�e Laan ex�eed the p�rmi�ted limi�s, then: �a} any such �aan charge shal�be reduced by the amoun�necessary�o reduce��.e charge tfl the permitted limit; and �b} any sums air�ad�r co�iec�ed fram Borr�wer�vhich ex�eeded perm�t�ed limits w�ll be refunded�o B�rrower. Lender rna�cho�se�o make�his refund by reducing�he pr�ncipai owed under th�Note or by making a direct�aynlent tQ Borrower. �f a refund reduc�s pr�ncipa�, the r�du��ion w�l� be treated as a partiai prepaymen�withou�any prepaynZent charge�vvhether or no�a prepaymen�charge is pro��ded for und�r the N�te}. Barr�v�er's a�cep�ane�of any such refixnd ma��by dir�ct pay�r�.en��o Barrower w�i�const�tu�e a waxver of any r�ght nf ac�ion Barr�v�er m��ht ha�e ar�s�ng out af such o�vercharge. '�5. N�t�ces. A1�not�Ces giv�n by Borrov�er or Lender�n connect�on wxth�his S�curi�y�nstrumen�mus�be in wr�t�ng. Any not�ce tn B�rrower in connec�ian w�th this Securi�y �nstrum�nt shal�be de��ned ta ha�e been gi�en to Borrower when m�.a�led by firs�c�ass ma�l or when a��uaily deii�ered�o Bflrr�v�er's notice addr�ss if sen�b�oth�r means, N�tice to a�ay one Borrower sha�l const��ute n��iee to all Borrowers un�ess Appli�ab�e Law e�press�y requ�r�s otherwise. Th�na�i�e address sha11 be�he Property Address unless Barrawer has NEgRASKA-S�ngle Farriiiy-Fannie MaelFreddie Ma�11NIFQRM INSTRUM�NT Farm 3D�8�101 VMP� VMPfitNE}{�30�} Wolters Kluwer Fir�anciat Ssrvices Page 7'#a#3 7