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201507974
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Last modified
7/21/2017 1:56:37 PM
Creation date
11/20/2015 9:52:22 AM
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DEEDS
Inst Number
201507974
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2� 15�7974 <br /> 713213���5 944853 <br /> collect and apply the Miscellaneous Proceeds either to restoration or repair af the Property or to the sums <br /> se�ured by this Security Instrument, whether or not then due. "�pposing Party" means the third party that <br /> o►�es Borrov�er Miscellan�ous Proceeds or the party against whom Borrower has a right of actiun in regard ta <br /> M isce��ane�us Prace�ds. <br /> Borrowez sha�I be in defautt if any actian ar praceeding,whether ciwi�or crimina�, �s begun that, in <br /> Lender`s judgment,couid resul�in forfeiture of the Property�r�ther material impairm�nt of Lender'� interest <br /> in the Property or rights under this Security Instrument, Borrower can cure such a defautt and,if acce��ration <br /> has occurred,reinstate as pro�ided in Section ��,by causing the acfion or proceeding to be dismissed w�th a <br /> ruling that, in Lender's judgment, prec�udes forfeiture of the Property or other ma�erial impairment of <br /> : Lender's interest in the Property or rights under this Security Instrument.The proceeds of any award or claim <br /> for damages that are attributab�e to the impairment of Lender's interest in the Properiy are hereby assigned <br /> and sha��be Faid to Lender. <br /> ��� Misce�laneous Proceeds that are not applied �o restaration Qr r�pa�r af the Propert� shall be <br /> appiied in the order pro�ided for in Section 2. <br /> . 12. Borrower Not Released; Forbearance By Lender Not a Wai�er. Ex�ension nf the time for <br /> pa}�ment or modi�cation of amortizatiQn of the sums secured by this Security Instrument granted by Lender <br /> to BQrrower or an}�Successor in Interest of Borrower shall not operate to release the liability of Bonower or <br /> any Successors�n Interest of Borrawer. Lender shall not be reyuired to commence proceedings against any <br /> Suc��ssor in Interest of Borrower or to refuse to extend�irne for payment ar otherw�se modif�amor�ization <br /> of the sums secured by this Securit�Instrument b3�reason�f any demand made by the original Borrawer or <br /> any Successors in Interest of Borrower. Any f�rbearance by Lender �n e�ercising any right or remedy <br /> 'i including,wi�hout�imitation,Lender's acceptance of paymen�s from�ird persons,ent�t�es or Successors in <br /> Interest of Borrower or in amoun�s Iess t.han the amaunt then due, sha1� not b�a waiwer af ar prec�ude the <br /> exercise of any right or remedy. <br /> 13..Joint and Se�eral Liability; Ca-signers;Suceessors and Assigns Bound.Borrower co�enants <br />; and agrees that Borrower's obligatians and liability shall be joint and se�eral. Howe�er,any Borrower who <br /> co-signs t�his Security Instrument aut does not execute the Note�a"co-signer"}:�a}is co-signing this Security <br /> Instrument an�y to mortgage,grant and con�e�the co-signer's interest in the Properiy under the terms of this <br /> Security Instru.m�nt;�b}is nat p�rs�na��y�b�2gated to pay the sums secured by this Security Instrument;and <br /> �c} agrees that Lender and any other Borraw�r can agree to extend, modify, forbear or make an}� <br /> accommadations with regard to the terms �f this Securi�ty Instrum�nt or the Note ►hrithout the co-s�gner's <br /> consent. <br /> Subject to the pro�isions of Section 1 S, any Successor in Interest of Borrower who assumes <br /> Borrower's obligations under this Security Instrument in writing,and is appra�ed by Lender, shall obtain aii <br /> of Borrawer's rights and benefi�s under this Security Instrument. Barrower shall not be released from <br /> Borro�er's oa�2gat�ons and�iability under�his Se�urit�Instrument unless Lender agrees to such release in <br /> writing. Th�covenan�ts and agreements�f th�s Security Instrument shali bind�excepx as pro�ided in Section <br /> 2�}and hene�t the successors and asslgns of Len�er. <br /> 14. Loan Charges. Lender may charge Borrower fees for ser�ices perfarmed in canneetion w�th <br /> Borrower's default, for the purpose of protecting Lender's interes� in fhe Property and rights under this <br /> Security Instru.ment, including,but not 1 imited to,attorneys' fees,praperiy inspection and�a�uation fees. �n <br /> regard to any other fees,the absence of express authority in this Security Instrument to charge a specific fee <br /> to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees <br /> that are ex�ressly prohibited by this Security Instrument or by Applicable Law. <br /> If the Loan is subject ta a law wh�ch sets ma.ximum�oan charges,and that law is�nally int�rpreted <br /> so that the interest or o�her Ioan charges callected�r to be cottected in�onnect��n�rith th�Loan�xceed the <br /> permitted Iimits,then: �a} any such �oan charge shall be reduced by the amaunt necessary to reduce the <br /> NEBRASKA--Single Family--Faonie MaelFreddie Mac UNIFURM INSTRUMENT <br /> � 338.2G Page 10 of 1 S Farm 3028 I�O1 <br /> Modifed for WA <br />
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