201600179 - Laserfiche WebLink

Browse

2� 1 �� 179 ��. Bor�awer Not Re�eased; Forbearance By Lende� Not a Wa��r�. Extens�on of the time f�r pa�n�en��r modificat�an of amortization�f the sums secured b�this S�cur�ty �ns�rument granted by Lend�r to Borrt�wer or any Successor in�n�eres�af Barrower shall not operate to re�ease�he�iability of B�rrower nr any Suc�essors in Interes�af Borr�wer. Lend�r shail not�e required ta commence proceedings agains�an� Successor in Interes��f Borrower ar to refuse�a�xtend�ime for pa�ment or otherwise modify amort�zation of th�sums secured by this Se�urity �ns�rumen�by reason of any demand made by �he flrigina�Borrflvver or any Successors�n In�erest af Borrower. Any forbearance by Lender in exerc�s�ng any r�ght ar remed� �ncluding, without Iim�ta��n, Lender's acceptance�f payments from third persans, �ntit�es or Successors �n �nterest of Borrow�r or in a�m�un�s �ess than�h�amount then due, shal�not�e a wai�er of or preclude�he exerc�se of an�r right ar remed�. 13. J�int and Se�era� Liability; Co-signers; Successors and Assigns gound. Borrower covena�ts and agrees�hat Barrower's obli�a�ions and liabiii�y sha�� be j�int and se�era�. �3owever, any Borrower who cQ-signs this Security �nstrument but do�s not e�ecu�e�he Note (a "co-signer"}: �a} is co-signing �h�s Secur�ty �nstrurnen�on�� to mor�gage, gran�and con��y the co-signer's in��r�st in the Proper��under the �erms of this S�curity Instrumen�; �b} �s not persona�ly a�ligated to pa�the sums secured by this Securi�y Instrument; and �c} agrees �hat Lender and any�ther Borrov�er can agree to ex�end, mod�fy, farbear or make an� accommodat�ons wi�h re�ard to the terms of�his Securit� Instrumen��r the Note wi�hou��he ca-signer's consent. 5ub�ect�o�he proWisions of S�cfiian 18, any �uccessor in Zn�eres�of B�rrower who assumes Borrov�er's obliga��ns under this Security Instrument in wri�ing, and�s appra�ed by L�nder, shai�obta�n ali of Borrower's righ�s and�en�f��s under th�s Secur��y Instrum�n�. Borrov�rer shall nat�e re�eased from Borrower's�b��gat�ons and liabil�ty under�his Securi�y Ins�rument unless Lender a�rees to such releas�in urriting. The co�enants and agreements of this Securxty �nstrument shai�bind �except as pr��ded �n Se��ion 2D} and benef�t�he successors and assigns of Lender. �4. Loan �harges. Lender ma�charge Borr�vver fe�s f�r ser�zces performed in connec�i�n w�th Borrower's � defau��, for the purp�se af pro�ecting Lender's �nteres�in the Property and ri�hts under th�s 5ecur�ty �nstrum�n�, including, but not�im��ed to, attorneys' fees, proper�y �nspection and valuation fees. �n r�gard�o any��her fe�s, the absence af express authority �n th�s Secur�ty Instru�nent�a charge a spec�f�c fe�to Borrower shal� no�be constru�d as a prohibition on�he charging of such fee. L.ender may no�charge fees tha�are expressly prohibited b�this S�curi�y Instrumen�or by Appl�cab�e Law. �f the Loan is subjec�to a�aw wh�ch s��s maximurn l�an charges, and�hat�av� is�ina�ly �n�erpre�ed so �ha� �he interes�or other l�an�harges co�Iected or��be co��ected in cannec�ion v�i�h th�L.oan exc�ed the pernutted limi�s, then: �a} any such I�an�harge shall be reduced by th�amount necessary�o reduce the charge to the perm�tt�d limit; and �b� any sums already collected from Borrower which exc�eded permitted limits�vill be refunded to B�rrower. Lend�r may choa�e to make th�s refund by reducing the princ�pai�v�red under the Note or hy making a d�rect paymen� �o Borrower. If a refund reduces principal, the reductifln v�rill be treated as a par��al prepayment w�thout any prepa�ment charge�wh��her or no�a prepa�ment charge is pro�id�d for und�r�he No�e}. Borrower's acceptance of an� su�h r�fund made b�direct paymen�to Barrower wi�l constitut�a wai�er of any r�gh�of action Borrower m�gh�hav�arising�ut of such�vercharge. "15. N�tices. A11 notices g�ven by Borr�wer or L.ender in cannectian v�r�th�h�s SeGur�ty Instrumen�must b�in writ�ng. Any notice�a Borr�w�r in connection with t�is Security �nstrument sha��be deenled�o ha��been given�o Borrower when rna�led by f�rst class ma�l or when actua�ly de�i�ered�o Borrower's notice address if sent by other means. No��ce�o any on�Borrov�aer sha�l consti�ute not�ce�o all Borr�wers unless Applicable Lav�expressly requires�therwise. The notice address sha��be�he Praperty Address unless Borrov�er has NEgRASKA-5ingle�am�iy-Fannie MaelFreddie Mac UNIFORM INSTRUM�NT �arm 3428�14� VMP� VMP6[N�f��302; Wa�ters Kluwer�ina�cia�Ser�ices Page 1 1 af�7