201505111 - Laserfiche WebLink

Browse

��15�5111 7�. Borrower Nat Re�eas�d: Farbea�ance By Lender Nat a Wairrer. Ex�ensian of�he time for paymcnt or nlod�fi�ation of amorti2a��an of�ae sums s�cured b�this Security�nstrument granted b�L�nder to B�rrawer �r any Successor�n Interes�flf Bor�awer s��ai1 not operate��release th��iabi��ty of Borrow�r or ar�y Suc��ssors in Interes�af Borrower. Lender shall no�be requ�red�a cammen��proceedings agains�any SucLesSar in�nteres�af Borrawer or ta refuse ta e�.�end�ime for pa�ment or otherwi�e madify amorti�a��on �f�he sums secur�d by this Security�nstrum�nt by �r�ason af any dernand made by the originai Barrav��r or an�Suc�ess�r�in Interest of Borrow�r. An�forbearance b� Lender in exercising any right or remedy �nc�uding, withou��imitat�on, Lender's accep�ance of pa�ments fram t�h.�rd persan�, entities or Su�c�ss�rs�n �nterest of Borrow�r or in amounts Iess�han th�anaoun��hen due, s�all not be a wa��vcr of or preclude�he exercise of any righ�or remedy. 7 3. Joint and Several Liahi[�ty; Ca-signers; 5uccessvrs and ►4ssigns Bound. Bar�rov�er covenan�s aaxd agrees tha�Barr�vver's obliga�ions and liab�li�y sha��be jo�n�and sev�ral. Hawever, any Barrovver vvho coµs�gns th�s Secur�t� �nstrum�n�but does not execut�the N�t��a "co-s�gner"}: �a}i�co-signing�his Securit�Instrument�n��to rnor��age, grant and co�vey the��-signer's�nterest in th�Pr�per�y under the �erms of�his 5ecuri�y �ns�rurnent; (b}�s no�persanal��obl�gated ta pay the�ums secured hy this Security �nstrumen�; and�c} agrees t�at Lender and any o�her Borr�wer can agree to extend, rnodify, f�rbear or make any accammoda��ons with regard�o the��rms of�his Secur��y Instrument or the No�e withou��.he co-s�gner'S consent. 5uh�ect�o the provis�ons of Sec�ian �$, any Successor in Interes�of Borrower who assurnes Borr�wer`s ohl�ga�i�ns under�his Security�nstrumen��n wr�ting, and xs approved by Lender, shal�ob�ain aI�of Borro�er's r�ghts and benefits under�his Security�nstrumen�. Borrower shall n�t be released from B�rr�wer's o��iga��ons and �iab�lity under�h�s Se�urity Instrument unless Lender agrees t�such release in wr�t�ng. The c��enan�s and agr�ements of this Security�nstrumen�sha��bind�except as provided�n Sec�i�n �Q}and benef�t th�su�c�ssars and assi�n��f Lender. '[4. Lvan Cha�ges. Lender��a�charge Borrawer fees for services p�rforrned in c�nnect�on wi�h Borrovver's � defau��, far the purpose of protecting Lender's znterest�n the Property and r�ghts under this SeCurity Instrument, inc�uding, but��o��in�ited ta, attorne�s' fees, proper�y inspection and valuat��n fees. �n regard to any other fees, �he absenc�o#express auth�rity�n�h�s Se�urity�nstrumen��o charge a spec�f�c fe�� Barrower sha�l not be c�ns�r��d a�a prohxb�xion on�he Gharging�f such f�e. Lend�r may no�Charge fe�s that are expressly prah��i�ed by�h�s Securi�y �nstrumen�.or b�Appiicab�e Law. If the L,�an is subject�o a law which sets max�mum�aan charg�s, and that�aw is finally �n�.erpre��d sa tha� the in�erest or a��ier�oan charge�coliected or to be ealle�ted in connectian with th�Loan exce�d the perxn�t�ed��mits, then: �a}any such loan charge�ha11 be reduced by th�amount neces�ary to reduce�he charge�o the perm�t��d limit� and�h}an� sums alread�co��ec�ed fram Borrnwer which ex��ded pex7ni.tted limi�s v�ill be refunded �o Borrovver. L,�nd�r may choose�a rnake�his refund by reducing the pr�ncipa�.owed under�he Note or by mak�ng a direc�pa�men�to Sorr�wer. �f a refund r�duces przncipal, �he reducfiion wil� �e�reated as a part�a�prepaym�nt v�r�thaut any�repa�rment charge�whet�.�r or n�t a pr��ayment charge is pra�ided fnr under th�No�e}. Borrower's ac�eptance of any such refund mad�by��rect payrnent�o B�rrov�rer uri��c�nstitute a�a��er of an�righ�of action Barrov�rer m�.ght have arising�ut of su�;h��erchar�e. �5: N�ti�es. A.11 nat�ces g�Wen by Borrov�rer or Lender�n connec�:�on v�ith t��s Security Instrurnen�rnust be�n v�rr��ing, Any natice�o B�rr�wer�n cannec�ion wi�a tihis Se�uri�y�ns�rument sha��be deemed to have been gi�en�a Barrav�er when ma�led by�rst class rnail ar vvhen actually deliv�red t� Barrower's��c�address if sent h�a�her m�ar�s. Nfltice�o any on�Borrow�r shall Canstitute no�i�e�.o a�] Barrow�rs un��ss Applicabl� La�express�y requ�r�s o�herw�se. Th�not�ce addr��s shall b��he Proper��Address unl.ess Borrav�er has NEgRASKA-5ingle Fart�iiy-Fannie MaelFredciie Ma�UNIF�RM INSTRUMENT Form 302$11�1 V M P[a] VMP6SN�f('[3��y Wof�ers Kluwer Financiaf 5er�ices Page 1 1 of'f 7