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201603109
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Last modified
7/24/2017 1:51:09 PM
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5/18/2016 2:04:54 PM
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201603109
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2� 1 ��31 �9 <br /> and apply the fVlisce�laneous Proceeds either �o r�stora�ion or repair �f �h� Property or to �he sums <br /> secured by�h�s Securi�y lnst�umen�, �hether ar nfl�then due. "4ppas�ng Party" means the th�rd party fhat <br /> owes Sorrower M�scellan�aus f'raceeds or the par�y against whom Ba�rower has a r�ghfi of ac�ion �n <br /> regard�o Miscellaneous Proceeds. <br /> Borrower shall be in defaui� if any a���on ar prviceeding, whe�her c��i1 or criminaf, is begun fha�, En <br /> Lender's �udgmen�, could resul� �n farfeiture of �he Property or other ma�eriaf impa�rmen� of L�nder's <br /> interest in �he Prflperky ar righ�s under th�s Security Ins�rument. Borrovver can cur� such a defau�t and, if <br /> acce[�rafiion has occurred, r�insta�e as pr��ided �n 5e���an �8, by causing fih� acfi�an or proce�d�ng to be <br /> dismissed �rv�fh a ru��ng �hat, En Lender's judgmen�, precludes forFeEture af the Property or o�her mater�a! <br /> impairmen� of Lender's En�erest in fihe Proper�y or righ�s und�r�his Security �nstrument. The pro�eeds �f <br /> any award or��a�m for damages tha�are attr��ufable to the impairmen�of Lender's interest in �he Pr�perty <br /> are h�reby ass�gned and sha�l be paid to Lend�r. <br /> All Mis�el�aneous Praceeds �hat are n�� appl��d to restoration or repa�r of fihe Prvperty shall be <br /> applied in�he order pro�ided for in Sec�ion �. <br /> '1'�. Barr�wer Nn� Re�eased; ��r�vearance By ��nt�er Not a 'V11�irr�r. Extension vf �he time for <br /> paymenf �or mod�ficafiifln vf amor�iza�ian of �he sums secured by this Security Instrumen� gran�ed by <br /> Lender �o Borrower or any Successor in In�eres� of F3�rrower shali no� operate �o release the liabilifiy of <br /> Borrawer �r any Su�cess�rs �n �ln�erest af Bo�ra�ver. Lend�r sha!! not be required �� �ornmence <br /> proceedings against any Su�cessor in Interes� of Borrflwer or �o refuse fio ex#end fime for payment or <br /> otherw��e mod�fy amor�i�a��on nf�he sums secured by th�s Security [nstrument by reasan of any demand <br /> made by �he �r�gina� Bo�rowe� or any Su�cessors in �n�erest of BorraVver, Any forbearance by Lender in <br /> exercis�ng any r�ght ar rem�dy �nc�ud�ng, without 1im�fa��on, Lender's a��ep�ance af payments from �h�rd <br /> persons, en�ities or Successors in ln�eres�of Borrower or in amoun�s fess�han fihe amount�hen due, shaE� <br /> nofi be a wai�er of ar prec�ude�he exer�ise of any r�ght or remedy. <br /> '��. Joint and 5erreral L�a��l�ty; Cowsigners; Successors and Assigns Baund. Borrower <br /> co�enan�s and a�rees �ha� Borrv�er's vbfiga�ions and Iiabi�i�y sha[[ be �ainfi and several. Havrr��er, any <br /> Bor�ower who �o�signs �h�s Securrty Ins��umen� but does not exe�u�e the No�e �a "co-s�gner"}: �a} is <br /> co�s'rgnin� this Security ins��umen� on�y to mor�gage, gran� and �on�ey �he c�-sEgner's in��res� �n the <br /> Proper�y under �he terms of this Se�uri�y �nsfrumen�; �b} is n�� persanally ob�igated tv pay fihe sums <br /> secured �y �his Se�urity lns�rumen�; and �c} agrees tha� Lender and any athe� Bor��v�rer �an a�r�� tv <br /> exfiend, modify, fo�bear or make any accommoda�ions wi�h regard to the te�ms of fhis Securi�y lnstrumen� <br /> �r the Nofe wi�hout�he co-s�gn�r's consen�. <br /> Sub��c� to �h� pra�isions of 5e�tion '�7, any Su�cessar in Interes� af Borrowe� who assumes <br /> Borrower's ob[igat�ons under th�s Securify lns�rument in wrifing, and is appro�ed by Lender, shail ob�a�n a[! <br /> of Borrower's righ�s and benefi�s unde� fhis Security Ins�rumenfi. Borrower shali nv� be re�eased from <br /> Borro�nrer's obligafi�ons and �iab��i�y under�h�s Se�uri�y fnstrum�n� unless Lender agrees�o such reiease �n <br /> �rvr�f�ng. The covenanfis and agreements of this Securi�y lnstrument shall �ind �except as pra�ided in <br /> 5ecfion '�9} and benefi�the successors and ass�gns�vf Len�er. <br /> 'i 3. L��n Char�es. L�nder may charge Borravver fees for serv��es perFormed in cannec�ivn wi�h <br /> Bo�rower's defau�f, for �he purp�se of prat�c�ing Lender's inferesfi in �he P�roper�y and �r�gh�s under this <br /> 5ecur��y Instrumen�, includ�ng, bu�nat lim�fied fo, attorneys' fees, proper�y inspectian and Wa�uafion fees. ln <br /> re�ard �o any other fees, the absen�e of express authority in fh�s Securi�y lns�rumen�to charge a spe�ific <br /> fee �o Borrower shaE[ nv� be cvnstrued as a prahibi�ion on �he charging of such fe�, Lender may no� <br /> charge fe�s�hafi are�xpressly pr�h�bi�ed �y fh�s Securi�y lns�rumenf or�y Applicab[e Lav�r. <br /> lf fihe Loan �s subjec��o a law�nrhich se�s ma�c�mum I�an charges, and that law is fnalfy in�er�re��� so <br /> �hat�h� inter�s� ar other loan charges collected ar ta be c�l�e�ted �n connect�on wi�h �he Laan e�c�eed �he <br /> permEt�ed limits, �hen: �a} any such foan charge shal� be reduced by�he amoun� necessary to reduce �he <br /> charge fio�he permEtted l�mit; and tb}any sums already co�lec�ed from Borrower�rvhich ex�eed�d pe�mitted <br /> � 6 g g ❑ � � M C M o R T v D T � <br /> NEBRASKA---S�ng�e Fam�l�-UNfFDRM[NSTRElMENT <br /> Accenture Mortgage Cadence❑ocument C�nter�37'!6�61'[3 Page 9 of'i 4 <br />
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