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201602769
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Last modified
7/24/2017 1:39:55 PM
Creation date
5/5/2016 1:54:05 PM
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DEEDS
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201602769
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2� 1 ��27�9 <br /> Security Instrument,whether or not then�ue. "�pa��ng party"means the third part�r that owes�orro�ver <br /> Miscel�an.eous Froceeds or the party against tivhom Borrower ha�a right of action in regard to Miscetlaneous <br /> Proceeds. <br /> Borrower sha��be in defau�t�f any aCtion or praceeding,whether civi�or criminal, �s begun that,in Lender's <br /> judgment,cou�d resu�t in forfeiture of�he Property or ot�.er material impairment of Lender's interest�n the <br /> Praperty or r�ghts under th�s Secur�ty�nstrument,Banower can cure such a default and, if accelera�ion has <br /> � �ccurred,reins�ate as provided in Sec�ion 19,by causing the activn or proceed�ng�o be dismissed with a <br /> rul�ng that�in Lender's judgment,prectudes forfei�ure of�he Property or other materi.a��mpairment of <br /> Lender's i�tterest in the Prop�rty or rights under thYs Security Instrument. The proce�ds af any ativard or <br /> claim for darnages that are attributa.b��to the impairment of Lender's interest��the Property are herehy <br /> assigned and sha11 be paid to Lender. <br /> Al�Misce��aneous ProGe�ds that are not applied ta restoration or repair of the Property sha11 be applied in <br /> the order pro�ide�for in��ction 2. <br /> 1 Z. Borrawer Not Released;ForbearanceBy Lend�rNot a�Illai�er.Exten�ion of the time for payment or <br /> modification��amortization af the sums�e�ur�d b�this Security In�trument granted by Lender to B�rro�ver <br /> or any Successor in Interest of Bonower sha11 not aperate to release the liability�f Borrower or any <br /> Successors�a Interest of Barrow�r. Lender shall not be requu�d to commence proceedings agai�.st any <br /> Suc�essor in Interest of Sorrower vr to refuse ta extend t�me for payment or otherwise modif�amortization <br /> af the sums secured by this Securi�y Instrument by reason af any demand made by the original Borrower or <br /> an}�Successors in Interest of Borro�ver.Any forbearance by Lender in ex�rcising any right or remedy <br /> inc�udrng,without limitation,Lender's acceptance af payments from thud persons,entities or Succ�ssors in <br /> Interest of Borrower or in amounts t�ss than the amount then du�, sha11 na�be a wa�ver of or pree�ude�he <br /> exercise of any right or remedy. <br /> '�3. Joint and Se�eral Liability;�o-signers;�uccessorsand As��gn�Bound.��rrower covenan�s and <br /> agrees that Borrower's obligations and liability sha11 be joint and several. Hawe�rer,any Borrawer wha <br /> c�-signs this Security Instrument but does nat execute th�Note�a"cv-signer"�: �a)is ca-signing this <br /> Securit�Instrument only to mortgage,grant and con�ey the co-s�gner's int�rest in the Property under the <br /> terms of thi�Secur�ty Instrum�n�; (b)is not personal�y obligated t�pay the sums secured by this Security <br /> �ns�rument;and(c3 agrees t�at Lend�r and any other Borro�ver can agree to extend,modify, forbear or make <br /> any accommodati�as with regard to the�erms of�his Security Inst�r�ument or the Note without the Go-signer's <br /> consent. <br /> Subject to the prov�sions of Secti�n �S,any�uccessor in Interest af Borrawer who assumes Borrower's <br /> ob��gati�ns under this Security�nstrumen�ia�vriting,and is approved by Lender, sha11�bta.in a11 of <br /> Borrower's righ#s and benef ts under th�s Security�n�trument.Borrower shall nat be released from <br /> Barrower's obligations and tiability under this Security Instrum�nt unless L�nder agrees t�such release in <br /> writing.The�o�enants and agreemen�s of this Security Instrument sha11 bind(except as pr��ided in Section <br /> ��}and benefit the su�cessors and as�igns af Lender. <br /> 'I 4. Loan Charges.Lender may charg�Borrower fees far services performed in con.nection�vith Borro�er's <br /> default,for the purpose of protecting Lender's interest in the Property and r�ghts under this Secur�ty <br /> Instrumea�, including,but nat limited to,attorneys'fees,pr�perty in.spection and valuation f�es. In regard to <br /> any�ther fees,the ab�ence of expres�authority in this Se�ur�ty Instrument to charge a speci�c fee to <br /> Borro�er shal�not be construed as a prohibition on the chaarging of such fee. Lender may not charge f�es <br /> that are expressly prohibit�d by this Security�nstrumen�vr by Applicable Law. <br /> NEBRASKp►�ingle Famify-Fannie Mae1Fr►eddie Mac UMlF�RM IMSTRUMENT WITH MERS Form 34281iD9 <br /> VMP� VIUIP6A[NE}(1302}.44 <br /> Wo!#ers Kluwer Financial Services Pag�i'!of 1T <br /> q�3355985�11 �233 282 1117 <br />
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