201504856 - Laserfiche WebLink

Browse

��15�455� 1 Z. B�rr�virer N�t Refeased; Fofbearanc� By L�ender N ot a UVa iver. Ex�ension of the time for payment�r modif�ication of arnart�zat�vn of the sums secured�by thi5 Securi�y Instrum�ent granted��Lender to Barrower or any Success�or in Inter�st of Borrower sha11 nat operate t�release the Iia�ility of Borrower or any Successors in Interest of Borrnwer. Lender sha�l nat be required to cornmer�e proceedings again,st any Successor in�nterest of Barrawer or to refuse to ex�end time for payment or otherwise modify am�rti�ivn of the sums seccured by th�,s Security�nsirum+ent�y r+eason af a�ry deman�made by the�riginal B�rrower or any Suocessors in Ynt�re�t of Borro�ver. ,Any far�earance hy Lend�er in�xercising any right flr remedy including, without limita�i.�n, Lender's a�cceptance�f paym,ent�fr�m third persons, entitie5�r Successars in Inter+est�f Borraw�r or in amounts less thari th�amount then due, shall not be a vvaiver of vr preclude the exercise of axiy right or rem�dy. 13. �vint and 5e�eral Va�ii�ty; C�-signers; 5uccessars and As�igns B�und. Borrower covenants and agrees that�orrower's abliga#ions and liability shall be joint and se�eral. Hawever, an�Barr�wer who co-sigrns this Security Inst�ument but d�es not execute the Note�a"c�-signer"�: �a)is co-signiir�g this S�curity Instrurnent only to mortgage, grant and convey the c�-s�gner's interest in the Property under#he _ tern�s of tlus �ecurity Instru�nt; �b)is nat persvnally obligated tv pay the sum��ured�by th�s Security InStru.ment;and�c}agrees that Lender and any�ther Borrovver can agree t��xtend, modify, for�ar or make a�ry a�ca 'an�with regard tfl the�errn�of thai.� Se�urity Instru.n�nt or the Not�withaut the co-signer's cansent. Subject to the pr�v�sions af Section 18, any Suc�essor in Interes��f Borrvwer wh�assumes Borr�wer's obliga�ons under t�us Se�curity�nstrument in wriiing, and is appraved by L�nd�r, sha�.�ob�.�.n all of Bflrrawer's rights and benefits under this Se�urity Instrument. Barr�wer sha�l nat be released fr�m Borrawer's vhligati�ns and��abil�ty under�his S�curi� Instrurn,ent unless Lender agrees to such release in writing. The covenan�s a.nd�agreemen�s�f th�s Security Instrument shall bind�ex�ept as pmvided in S�cbion 20}an�d hen�fit the su�cessars and assigns of Lender. 14. Laan �Marges. Lender m�.y�harge Borrawer fees far servic��perf�rm�ed in connection with Bvrrower's default, for the purpose�f protect�ng Lender's interest in th�Property and rights under this S�curity Ins�ument, in��uding, �hut n�t lir�ited�o, attome�5' fee�, �ro�rty inspection and valua�.on fees. In regard to any 4ther fees, the abser�ce of expres5 authority in th�is �curity Instrument to cha.rge a specific fee to B�rrawer shall not be canstrued as a prohibitian�n the�harging�f su�h fee. Len�ier rnay n��charge fees that are express�y prohibited�y th�s Security In�trurnent ar by AppliGable Law. If the Loan�s su�ject t�a law which sets max�mum 1aan charge�, and tha�law is fu�ally interpreted so that th+e in�er+est ar�ther��an charges collected vr t�be callected in Conn��tion with the Loan exceed the permitted lirruts, then: �a]an�such 1�an charge shall�e reduoed by the amaun��ecessaYy tv reduce the charge ta the permitted lirrrit; and�}any SumS already Gollected from B�rrower which exceeded permitted lim��s w�1i be refunded ta Borrawer. Lender ma�choose to mal�e thi5 refund hy reducing the principal awed under the Note or l�y mal�ing a direct payment to Borrower. If a refund reduces principal, th�r�duction will be trea�d as a partia�prepayment withaut any pr+epa�ment charge�whether or not a prepayment charge is provided fQr under the l�Fote}, Borr�wer's acveptaryc�of any such refund made by direct payment to Borr�wer will cvnstitute a waiver of any right nf actian Borrower might have arising out of such overcharge. "I 5. N�t i�es. All nvtices grven by Borrower ar Len�i�r in�anne�i�n with this Security Instrurn�nt must be in writing. Any no�ice to Borrower in connecti�n w�th this Se�urit3r Instrurr�ent sha11 be deemed to ha�e heen given t�Borrower wh�n mailed 1ry first�las5 ma�1 or when a�tual�y deliv�red t�Borrawer's notice address if sent by other means. Notice ta any one Borrower shall constitute notice to all Borrowers un�ess Appli�able Law�xpr�ess�y requires vtherwise. The noti�e address shall be the Pro�rty Address unless Banower has ��aa5��73s ❑vsn�E N�RASKA-Smgle Famiiy-Fann�e MaelFreddie Mac UNIFQRM INSTRIJMENT Fvim 3D28 1141 VMR� VMP�(NEJ�13027 Wolters Kluwer Frnanc�a!5ervic�s Page 11 of 1?