201500351 - Laserfiche WebLink

Browse

��15��351 Security Instx�ument,�rhether or not thea due. "�pposin�Party"means the thud party that awes Borro�ver Miscellaneous Froceeds or the party against�ham Bonotiver has a right of action in regard to Miscellaneous Proceeds. Bonower sha11 be in default if any action or proeeed�ng,whether civil�r cr�minal, is begun that, rn Lender's judgment,could result in forfeiture of the Praperty or�ther materia�impairment of Lender's interest in the Property or rights under thi�Security Instrument. Borra�ver can cure such a default aad, if aeceleration has occurred,reinstate as provided in Section 19,by causing the action or pr�ceeding to be d�smi�sed with a ,_. ruling that, in Leader's judgment,precludes forfeiture of the Property�r other mater�al impairme�t af Lender's�nterest in the Propert�r or rights under this Security In�trument. The proceeds of any avvard ar claim for damages that a�re attributable#o the im�airment of�er�d�r's in�e��s�i�the P�r��rt�are hereb� ass�gned and sha��be gaid to L�nder, A11 Miscellaneous Proceeds that are n�t appl�ed to restaration�r repair of the Propeaty sha11 be applied in the order pro�ided for in Sectian�, 'I Z. Bvrrower Not Released;FarbearanceBy LenderNvt a Vllairrer.Extension of th�tim�f�r payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower sha11 not operate to release the liability of Borro�ver or any Successars in Interest of Borrower. Lender shall not be requir�d to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or�therw�se modify amortization �f the sums secured by this Security Instrument by reason of any demand made by the arigina�Borro�ver or any Successors in Interest af Borrawer.Any forbearance by Lender in exercising any right or remedy including,without 1im�tatian,Lender's acceptance of payments fr�m third persons, entities or SuGcessors in Int�r�st of Barr�wer or in amounts l�ss thau the amaunt then due,sha11 npt be a wai�er of Qr preclude the exercise af any right or remedy. �3� Joint and Sever�l Liability;Co-signers;5uccessorsand AssignsBound.Borrower covenants and agre�s that Borrower's obl�gation.s and liability sha11 b�joint and se�eral. Ho�v�ver,any Borrower who co-signs this Security Instrument but does not execute the Note(a"co-signer"): (a}is co-signing this � Sectuity Instrument onty ta mortgage,grant and convey�he co-signer'�interest in the Property under the terms of this Security Instrument;[b)is not persanally obligated to pay the sums secured by this Secur�ty Instrument;and(c�agr�es tha�Leader and�n�r other Borrower can agree to extend,modify, forbear or make any accommodations with regard t�#he terms af this Security Instx�ument or the Note without the co-signer's consent. . • Subj ect to th�pro�isions of Sectio� I 8,any Successor in Interest of�orrower who assumes Borrower's obligations under this Security Inst�ument in writ�ng,and�s approved by Lender,shall obtain a11 of Barrower's rights and benefits under this Security Instrument. Borrower sha11 aot be released from Banow�r's�b�igatians and liabi�ity under this Secur�ty Inst�ruument unless Lender agrees to such release in wr�ting. The coveaants and agreements of this Security Instrument shall bind�e�cept as provic�ed in Section 20}and benefit th�successors and assigns of L�nder. 'I 4. Loan Charges.Lender may charge Borrower fees for ser�ices performed in conneGtian with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Securit� Instrument, including,but not limited to,attorneys' fe�s,property insp�ction and va�uation fees. In regard to any�ther f�es,the absence of express authority��.n this Security Instrument ta eharge a specific fee to Borrower�ha11 not be construed as a prahibition on the�h�rging of such fee. Lender ma�not char�e fees that are expressly prohibit�d by this Security Instrument or by Applicable La�. NE9RASKA�ingle Family-Fannie MaelFreddie Mac LJNIF�RM INSTRUMENT WITH MERS Form 3428 1141 VMP� VMPBA[NE}(1342}.DO Wal#ers Kluwer Financial 5ervices Page i 1 0�'�7 . qQ3334�762Z1 4233 343 1117