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201408086
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Last modified
7/20/2017 10:22:57 PM
Creation date
12/24/2014 11:03:45 AM
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201408086
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��14�S�S� <br /> ��. Borrawer Not Released; Fvrbearance By Lender Not a Wllai�er. E�tension of the��me for pa�m�nt or <br /> modifxca�ian�f amort�zat�on of�he sums secured by �his Securit}� �nstrument gran�e�.�y Lender�o Bor�ovver <br /> or any Successor in�nteres��f Borrower shal� nat�perate t� release�he l�ab�lity af Borrower ar any <br /> Successors�n�nteres�of Barrow�r. Lend�r shall not b�r�qui�red��commence pr�ceedings aga�nst any <br /> Successor in�n��rest of Borrower�r ta refus�to extend time for paymen�❑r othervwise modify amar�izat�an <br /> of�he sums secured by this Secur��y�ns�rument by reason of any deman�.made�y the�rig�nal Borrow�r or <br /> any Successors�n�nterest�f Borrower. Any forbeara�ace by Lender�n exercising any r�gh�or rem�dy <br /> inc�uding, wi�haut l�mitation, Lender's acc�ptanc�of pa�ments from�hird perso�s, �n�xties or�uc�essors �n <br /> Int�res�of B�rrov�rer or in amounts �ess than�he am.�unt�hen due, sha11 not�e a wai�er vf�r preclude the <br /> exercise of any r�gh��r reme�iy. <br /> '13. Ja�nt and Se►reral Lia�i��ty; ��-s�gners; Suc�essors and Assigns Baund. Borrower ca�ena.nts and <br /> agrees�hat B�rrower's�b1�ga��ons and Iiabx�i�y sha��be joint and se�era�. Hawever, any Barra�ver who <br /> c��signs�his Secur��y�nstrument bu�does n���xecute the N�te�a "co-s�gner"}: �a} �s c�wsign��ag this <br /> Secur��y�ns�rumen��nl.y�a mor�gag�, grant and c�nvey�he co�signer's in�er�st�n the Proper�y under�he <br /> �erms af this Securi�� �ns�runze�.�; �b} �s n�t personaX�y ob�igat�d�o pay�he sums secure�b��his Security <br /> �ns�.rumen�; and �c� agrees�ha�Lend�r a�d any other Borr�w�r can agree to ex��nd, mod�fy, forbear or make <br /> any accommoda�ions wi�h regard�o�he�erms�f�his�ecuri���ns�rument or the Note v�ith�ut the�o�sign�r's <br /> consent. <br /> Subjec��o��.e pravisi�ns of S�c�i�n 1$, any Successor in�n��rest�f B�rrawer who assumes Borrvwer's <br /> ob��gations under�his Se�ur�ty Instrument in wri�ing, and is appro�ed by Lender, shal��b�ain all of <br /> Borrovv�r's rights and�enefi�s under��.�s Se�uri���nstrum�nt. B�rrov�er shall no�be reieased from <br /> B�rrower's obliga���ns and liabi�i�y under th�s Se�urity Ins�rumen�unless Lender agrees�a such re�eas��n <br /> wri��ng. The c��enants and agr�ements of this Secur�ty �nstrumen�sha�I��nd�e�cep�as provided �n Sec�i�n <br /> 2�} and b�ne���he su�c�ssor�and assigns of Lender. <br /> �4. Laan Charges. Lender may c�arge Borrower fees �ar serv�c�s perform�d�n cor�a.e�ti�n with Borrower's <br /> defaul�, f�r�he purpase of prot�cting Lender's �n�erest�n the Proper�y and r�ghts under this Secur��y <br /> �nstrument, �ncluding, �ut no�limit�d to, attorneys' fees, proper�y inspec��on and valua�xon fees. �n re�ard�o <br /> any o�er f�es, the absence�f�xpress authori�y in this Securit�r Instrumen��o�har�e a�peG�f�c f��ta <br /> Barrower sha11 not be c�ns�rued as a proh�bi�ion on�h�charging of such f�e. Lend�r ma�not charge fees <br /> that are express�y prohibited by�his Secur�ty�ns�rument or by App�icab�e Law. <br /> �f the L.oan is subjec���a�aw which sets maximum Iaan charges, and thaC Iaw is�na�ly �nterpreted so�hat <br /> �he�nteres�ar vther loan�harges co11e���d or to�e col�ected�n cox�ne�t�on w��h�he Loan exce��the <br /> p�rm��ted limits, then: �a} any such�oan charge sha11 be reduced h�r�he amoun�necessar�ta reduce�he <br /> �harge to the pernzi��e�.�imi�; a�r.d�b} any sums already co�lec�ed fram�.Borrawer vvh�ch exG�eded perm���ed <br /> �im�ts�v�l�be refunded�o Borr�wer. L.�nder may ch�ose to mal�e this refund by reduc�ng the principal owed <br /> un�er�he Na�e or b�r mak.�ng a direc�payment�o Borrower. �f a refund reduces pr�ncipa�, the reduction will <br /> he�reated as a par�ial prepayment without an�r prepaym,�nt charge(whether or nat a prepaym�n��harge�s <br /> pro�ided f�r under the No�e�. Borrower's acc�ptance�f any such refund made by dir�c�payment�o <br /> Borrower wi11 consti�ut�a�va��er of an�r righ.t of action Borro�ver m�.gh�.have arisi�g out of such o�ercharge. <br /> 'i 5. Not�ces. A��not�ces giv�n b�Borrow�r ar L�nd�r�n connect�on with this Securi�y�nstrumen�rnuSt be in <br /> �vri��ng. An�no�i�e�a Sorrov�r�r i�c�nnec�ion wi�h.�his Se�ur���Ins�rumen�sha1l be de�med�a ha�e b�en <br /> given�a Borrower when mail�d by �rst class mail or when actua��y d��ivered to Borrov�er's notice address if <br /> sent by o�her means. No���e�o any one Borrower sha�� cons���ute notice ta alI Borrawers un�ess Appiicab�e <br /> Law e�pressly requires o�hervvise. The no�.�ce address shai��e�he Pr�gert.y Address unles5 Borrovver has <br /> NEBRASKA-5ingle�amify-�annie Mael�reddie Mac UN���RM 1NSTRUMENT Form 3428'�141 <br /> VMP� VMP6=N�}(�i 3pZ3 <br /> Wviters Kfuwer�inancial Ser�ices Page 1 1 vf'i 7 <br />
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