201503350 - Laserfiche WebLink

Browse

��15�335� ��. gorrc�wer �Vat Released; Fvrbearance By Lend�r Not a Vlra�►►er. Ex�ensiQn of�he t�me for payment or modifi�ation of amor�ization of the sums s��ured b��his Se�uri�y Ins�rument gran�ed by L.�nder ta B�rraw�r or any Su�cessor�n In��rest of Barrower sha�� not operate to release the Iiabii�ty of Borrower ar any Succe�sors in�nterest af Borr�wer, Lender sha�� no�b�requ�red to comm�nce proceedings against any 5uccessflr in�nt�rest of Barr�wer or to refuse to extend�ime for paymen�ar a�herwise modif� amor�iza�ion of th�sum.s secured h� �his Security �ns�rument by reason of any demand made by th�or�gina� Borrawer or any�uccessors in Int�res�af Borrawer. Any forhearanc��by L�ender�n e�er�is�ng an�r r�gh�or remedy including, with�ut lim�tation, Lender's accep�ance of payments from third persons, entities or Succ�ssors in �n�erest of Borrower or in am�un�s Iess�han�he amount�h�n due, shali not be a wa�ver of�r pre��ude the exerc�s�af any r�ght or remedy. �3. Joint and Several Liabi�ity; Co�si�ners; Successars and Ass�gns Baund, Borrawer co�enan�s and agrees that Barrov�er's ob�iga�ions and liabili�y shall be jaint and se�era�. �3owe�er, any B�rrower v�rho co-szgns th�s Security �ns�rum�n�but daes no�execute�he Note �a "co�signer"�: (a} is co-signing this Security �ns�rument�nly t� mortgage, gran�and con�e�r�he�o-s��ner's in�erest in the Proper�y under the terms of this Secur�ty Ins�rument; �b� is no�persana�ly obl�gated to pa�r the sums s��ured�y this Secur��y �ns�rumen�; and��} agrees tha�Lender and any o�her B�rrawer can agree to extend, mod�fy, forb�ar or make any ac�ommodations wi�h regard�a�he��rms of this S�cur��y Instrument ar�h�Note w�thout the co-signer's cansent. Su��t ta the pro��s�ans of Sec�ion �S, any Successor in Interest�f Barrower v�rho a�sumes Borr��rer's abl�gations under this Securi�y �nstrument in�rrit�ng, and is appro�ed hy Le�der, shall obta�n aII of Borrower's rights and benefi�s under this Security �ns�rum.ent. Borr�wer sha11 not be relea�ed fram B�rrower's�biigations and 1�abili�y under�his Secur�ty�nstrum�nt un�ess Lender agr�es to such r�lease�n wr�t�ng. Th�covenants and agreements af this Securi�y Instrument sha�I�ind �except as pro��ded �n Sec�ion 2a� and�ene�t�he su��essors and ass�gns of Lender. '14. Loan Charges. Lender may charge Borro�ver fees for services perf�rmed �n c�nnec��an with Borrower's defauit, for the purpase�f pr�t�cting Le�der's interest in the Proper��an.d r�gh�s under�h�� Secur�t� Instrument, including, but no��m��ed to, a��orneys' fees, property �nspection and valuati�n fees. �n regard�o any�th�r fees, th�absence of express au�har�ty �n this Securzty �nstrument to charge a specific fee ta Barrow�r sha��not be construed as a pr�hibi�ion on the cha�-ging of su�h fee. L.ender ma�n��harge fees that are expre�sly prahi�i�ed by th�s Security Instrument or by Applicable Law. If the L�an is su�ject t� a law wh�ch se�� max�mum�aan char�es, and that law is final��interpreted so that the interes��r o�h�r�oan.�harges c�I�e�ted or to be�o�lected �n connect�on with�he Loan exc�ed the permitted Iimits, �hen: �a} any such Ioan charge sha��be redu�ed b}��he amount necessary tfl reduce�he charg��o the permitted lim��; and �b} any�ums already collected from B�rrower vWhich exceeded pernu��ed limits wiii b�refunded to Barrov�er. Lender ma�choase to m�ake�h�s refund by reducing the principa�owed under�h�No��or by making a dire�t payment to Barrower. If a refund reduces pr�ncipa�, the reduction w��l b�tr�ated as a partial prepa�ment�vithou�any prepayment charge�whether or not a prepayment charge is pr�v�d�d far under the Note�. Borro�er's accep�ance af an�su�h r�fund made by d�rect pa�ment to Bflrrower w��1 cfln��tu�e a wai�er af any right of action Borrower m�ght ha��ar�s�ng out�f such overcharge. 'I 5. Notices. All no�ices given by Borrawer or Lender�n connection with�his Security�nstrumen�must be in wr�ting. An�notice to Borrower in cann�c�ion vv�th th�s Security �ns�rument sha11�e deemed to ha�e�een g�ven�o Borrovv�r v�hen mai�ed by firs�class rnail or when actua�Iy delivered to Borrawer's na�ice address �f sent by other means. No�ice to any one Borrawer shall canstitute notice to a�� Borr�wers un�ess App�icable Law e�pressly requires otherwis�. Th�notice address sha�� e the Prflper�y Address unless Borrower has N�BRASKA-5ingle Farr�i[y-Fannie MaelFrEdc�i�Mac UNIFDRM�NSTRUMENT Form 3028�l�1 VMP[� VMPGtN�){'�302y Wolters Kluwer Financia�Ser�ices Page'��af 17