201504560 - Laserfiche WebLink

Browse

��15�455U Security Instrument,whether or�.ot t�.en due. "�pposing Pax-�y"mea�s the thi�d�party that ov`res�orrawer Misce�laneaus Proceeds or the party again5t whom Barro�ver has a rig�t of action in regard to�Irl�scellaneous Proceeds. Borravt�er shal�be in,defau�t if any aG��.on ar�proGeeding,wheth�r civi�ar criminal,is begun that,�n Lender`s �udgment,could result in forfe�ture of the�raperty�r other material impairrnent of Lender's interest in the Praperty or rights under t�i��e�urity�nst�urnent.��rra�ver can cure suc�h a defaul.t and,if arcei�fation has occurred,reinstate as pro�ided in Section 19,by causing the actian or proceeding�o h�dismissed�vith a ruling that,in Len�er's judgment,precludes f�rfeiture�f the Fr�per�y or vther material imp�irmen�of Lender's interest i.n the Pr4perty or rights under this�ecurity Instru�ment.The praceeds�f any award or claim far dama�g�s�hat are attributa�le to the impairment of Lend�r`s in�erest in th�Pr�pert�are hereby assigned and shall be paid ta Lender. A11 M�scellaneous P�c'ocee�s that are nat applied to restoration ar repair of the Property sha�1�e applied in th��rder provid��l for in 5ect�on�. '!�. 8orrvw�r Not Rel�ased;FflrbearanceE3y LenderNot a Vlfaiv�r.Extensi�a of the time for payment or modification of amorti.zation af the sums secured by this Security Instrument gran�ed by L�nder to$orrawer or any Successor in In�er�st vf Barrower shall not a�erate ta retease the��ability of Bvnower vr aa�r Successors in In.terest af Borrawer,Lender sha11 not be r�quired to commenee pr��eedings agai�st any 5uc�essar in Interest of Borrower or to refuse ta ex#�nd time f��pay�et�t ar Qther�ise n�adify arn�rtizatian of the sums secure�by this Securit�Instrum�nt by reason of any demand made by the original�orrawer ar any�t�ec�ssors in Interes��f��rr��ver,Any far�earan�e by Lender�n ex�rcising any right or remedy inc�uding,withaut limitation,Lender's acceptan�e of payments fr�m third persons4�ntities ar�uccessors in � intere�t of Borrower or in amaunts 1�ss�an the amQunt then du�,shali not�ae a waiver�f or preclude the exercise of any right ar remcdy, ��. Jaint and 5e�reral Liabil�ty;G�-signer�;�uccessorsand Ass�gns8ound.B�rra�ver�oven�.nts and agr��s that Borro�ver's abligations and liability s�.all be jaint a�.d several. �avve��',any Bar�a�ver who co-signs this Security Instrument but�oe5 nat execute th�1�Tote(a"ca-sigx�er"�: (a}is c�-signing thi.s Sec�ri�Instru�nent an��to mortgage,grant and�onvey th�co-signer'�intere�t i.n th��roperty under the terms of this Security Instrument;�b)is not p�rsonall�obligated to pay the sums secur�d by this Security Instrument;and(c}agrees that Lender and any o�ther Borro�rer can.agree�a extend,ma�ify, forbear ar rnake any accomm�dations with regard�o the terms of�hi�Security Instrument or the Note wrthout the�v-signer`s consent. Subject to the pravisions af Sect��n 18,any Successor in�nterest of Borr�wer who assumes Bvrrower's obligation�under thi�Security Instrument ia writing,and is appro�ed b�Lender,shal�obtain all of B�rrower'�rights and benefits under this Securi�ty Instrumen�Borrower shall not be rel�ased fram Bdrrav�er's obligations and liability un�er this Security Tnstrument unless Lender agrees ta such release in writing.The cov�nants and agreem�nts of tlus�ecurity Instrument sha��bind(exc�pt as provided in Sect�on ��and benefit the successors and assigns Qf L�nd�r, 14. Laan Charges.Lender may charge Borro�ver fees far services performed in cannection with Borrow�r'� de�ault,f�r�.�purpase of prote�ting�.en�ier's int�rest in the Property and rights under this Security Instrument,inctuding,but n�t Iim�ted�o,attorn�ys'f��s,propert�inspectian and�a�uation f�es.In regard ta any other fees,the absence of express auth�rity in t�is�ecurity�nstrument to char�e a specific fee to Borrotver shall not be con�trued as a prahibition on the charging of such fee, Lend�r may not charge fees tha�are expre�sly pr�hib�ted by this�ecur��y Instxument ar b�Applica�le Law. NEBRA.SKA�Singie Familyfannie MaelFr�die Mac UN�FORM lNSTRUMENT WITFI MERS F�rm 3Q281it)� li'MP� VMP�NE)[130Z].Q4 Wolters Kluwer Financ�a!5ervices Page 11 of 17 q�33448157�U Q233 394 1117