201503472 - Laserfiche WebLink

Browse

��15�347� �2. B�rrower Not Releas�d; Forhearance By Lender Nnt a Wa��er. Ex�en��an�f the�im�for pa�men�or modificatian of am.ortiza�ion of the sums secured b�this Securi�y �ns�rum�n�granted�y Lender to B�rrov�er or any 5uccessor in �n�erest af Borrflwer shall no�operate to release�he liabili�y of B�rrower or any Successors in Interes�af Borro�ver. Lender sha11 no�be requ�red��commence pr�ceedings against any Successor�n Interes�of Borrow�r ar to refix�e ta ex��nd time far pa�rmen�or o�herv�ris�modify amor��zation of the sums s��ured by �h�s Securi�� Ins�rumen�by reason af any demand made b�the ari��nai Barrower or any Suc�essars in�ntere�t of Borr�wer. An�r forbearance h�r Lend�r in e��rcising an� right or remedy including, ulithout l�mi�a�ian, Lender's a�ceptance of pa�ments from�h�rd persons, enti�ies or Successars in �nteres�of Barrow�r or in amoun�s��ss�han the amount then due, sha��not be a vva�ver�f�r preciude�he e�ert;ise of any r�gh��r remed�. 'I 3. Joint and Se�era� Liahi�ity: Ca-s�gners; Successors and Assigns Bound. Borrawer co�enants and agrees�hat Barrower's obligations and��abili�y sha��be join�and sev�ral. However, an�Borrov�rer v�rha coWs�gns this Secur�t��nstrument�ut d�es not execu�e�he Na�e (a "co-signer"}; �a} is�a-s�gning�h�s Secur�ty In��rument onl�r�o mar�gage, grant and convey�he co-signer's in�erest in th�Pr�perty under�he terms of th�s Security Ins�rument; ��b} is na�persona��y obligated to pay�he sum� secured h�this �ecur��y �nstrument; and �c} agrees that Lender and any o�her Borrower can agre��o ext�nd, m�d�fy, forbear or ma�e any accommodat��ns w��h regard to the��rms�f�his Security Instrument or the Note with�ut th�co-signer's c�nsen�. Subject ta�he provi�i�ns of Sec�i�n �8, any Succ�ssor�n�nteres�of Borrower who assumes B�rrower's obizgat�ons under�his 5ecurit�Instrum.ent in writing, and is approved b�Lender, shall obtain a�l �f Barrower's righ�s and��ne�ts under�.his Se�urity �nstrum�n�. Borrower sha�� not be released fronr� Borrow�r's ob�iga�ions and��ab�li�y under�h�s Securi�y �ns�rument un�ess Lender agrees�o such rel�ase in writing. The ca�enants and agreemen�s of�his Seeurity Instrument sha�i bind �e�cep�as grav�ded�n Sect�on � ��} and bene�t�he successors and ass��ns�f L�nder. ��. Lvan �harges. I,�nder ma�r charg�Barro�ver fe�s for serv��es performed�n�onnect�on w��h Boxrow��'s defau��, for the purpose af pr�tect�ng Lender's �n�eres�in the Prop�rty and r�ghts under�his Secur�t�r Instrumen�, inc�ud�n�, but n�t�imi�ed to, attarr�eys' fees, prap��y�nspection and�alua�ion fe�s. �n regard�o any��her fees, �he absence af e�pre�s au��Zor�t�r �n�his Secur�ty Ins�rurnen�t�charge a speci�c fee�o Borra�v�r sha�1 not be construed as a pr�hi�it�on on the charging of such fe�. Lender ma�no�Charge fees �ha�are expressly prohibited�y�his Securi��nstrur�en�ar by App��cable Lavv. �f the Loan is �ubj��t�o a�aw�vhich se�s�naximum Ioan c�arges, and�ha��aw is �nally interpreted so that the�n�erest or other loan charges cnllec�ed ar�o be co��ec�ed in c�nnection with�he Loan exceed the p�rm�tted l�m�ts, then: �a} any such Ioan charge sha11�e reduced by the amount nec�ssar�to r�duce the charge ta the perm�t�ed limit; and (b} any sums a�ready collected from Borr�wer which ex�eeded perm��ed 1�mi�s wii�be refunded t� Borrov�er. Lender may c�.00se to make�his refund by reducin�the principa�a�ved under the Note or by making a d�rec�payment to Barrovver. �f a refund reduces pr�nc�pal, the reduc�ion v��11 be treat�d as a partial prepa�rment without an�r prepaymen�char�e�whether or no�a prepayment charge is prov�ded for under�he Nate}. Borrow�r's a�cep�ance of any such refund made b�dire�t payment to Borr�w�r w��I cons�itute a v�aiver of any r�ght of ac�xon B�rrov�rer might have arxs�ng ou�of such o�ercharge. "�5. Natices. A�1 no�ices given by Borrower or Lender�n connectian wi�h th�s Secur�ty �nstrumen�must be in wri�ing. Any not�ce�a Borrov�rer in connect�an wi�h this S��urity�nstrument sha��de�med�o have been g��en to Borrow�r when mailed by firs�ciass ma�� ar when actua��y de�ivered to Borrower's not�ce address if sen�by o�her m.eans. N��ice�o any one Borrov�rer shall cans��tute no��e to a�� B�rrowers unl�ss App��cahle Law expr�s�ly requ�res ath�rwise. The no�ice addr�ss shall be�he Pr�per�y Address unless Borrow�r has N�BRASKA-5ingle�amily-�annie Mael�r�ddie Mac UNIF�RM INSTRUMENT �arm 302$11�i VIVIP� VMP6tNEf t1302} Walters K�uwer Finar�cia�5er�ices Page 1 i of'I 7