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201603232
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Last modified
7/24/2017 1:57:31 PM
Creation date
5/25/2016 8:55:52 AM
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201603232
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2� 1 ��3232 <br /> 'I�. Borrawer Nat Re�eased: Fvr�earance By L�nder Nat a Wa��e�r. Extension of the t�me for payment or <br /> rn�dificat�on af am�r�ization of the sums s�cured by�his Secur�t��ns�rument granted b�r Lender�o B�rrow�r <br /> ar any Successar in�nter�st�f Borro�er shall n�t operate�o release�he��ab�li�y nf Borr�wer or any <br /> Success�rs in In�er�st of Borrflwer. Lend�r shal�n�t be requ�red to commence proceedings against any <br /> Successor in�nt�rest of Borrower or�o refus�to�x�end t�me for payment or o�herwise mad�fy a�rna�iza��on <br /> af the sums s�cured�y this S�curit�Instrument by reasan of any demand n�ade�y�he ori�inai Borrovver or <br /> any Successors �n�nter�st of B�rrower. Any forbearance by Lender in exercis�ng any r�ght or remedy <br /> including, withau�Iimitat�an, Lender's ac�ep�ance of paymen�s from third person�, entities or Su�cess�rs �n <br /> �n�erest of Barrower ar in amoun�s less�han the amoun�th�n due, shall no�be a wai�er of or preciude the <br /> exer��se of any ri�ht or remedy. <br /> �3. Jaint and Severa� Liah���ty: Co-signers; Successars and Assigns Bound. Borr�wer ca�enants and <br /> agrees�hat Borrower'�obligat�ons and Iiabi�it�shall be j oint and severai. �3owever, any Borrav��r�h� <br /> coWsigns this Se�uri�y �ns�rumen�but do�s not execute th�No�e �a "coWsxgner"}; �a} �s cfl-s�gning�h�s <br /> SeGu�rity Ins�rument oniy t�mor�gage, gran�and c�nvey�he c��signer's �nt�rest�n the Praper��under�he <br /> terms of this 5ecur�ty Instru�nent; �b} x� not persona��y obiigated t�pay the surns secured by�his Securi��r <br /> �ns�rument; and�c} agrees�hat Lender a�ad a.��o�he�-Borra�ver can agree t�e�tend, madify, fflrb�ar or nzake <br /> any accommoda��flns v�r�th regard to the�erms of th�s Security Ins�rument ar th�Note w��haut�he co-sxgner's <br /> consent. <br /> Sub��ct to the pro�isions of Se�fion �8, any Successor�n�nterest of Borrower who assumes Barrower's <br /> ob��gat�ans under�h�s Se�ur�ty �ns�rument �n wr���ng, and is appro�ed by Lender, sha��obtain a�� af <br /> B�rrovver's rights and benefits under this Security Ins�rument. Borrower shal� not be r��ease�from <br /> Borrower's o�l�gations and Iiabi�i�.y under�h�s Secur��� �ns�rumen�un�ess Lender agrees to such release in <br /> vvri��ng. The covenan�s and agreements of�his Secu�ity �ns�rumen�sha��b�nd te�c�pt as pr�vid�d in SeCt�on <br /> 2�} and b�n�fxt�he successors and assigns of L�nd�r. <br /> �4. Lvan Charges. Lender may char�e B�rrower fees for services performed �n connec��an w��h Borrower's <br /> defau�t, f�r�he purpose of protec�ing Lender's in�erest�n the Prop�r�y and r�ghts under this Security <br /> �nstrumen�, xnc�ud�ng, bu�not Iimited ta, a�tarn�ys' f�es, proper�y inspec��on and va�uat�on f�es. �n regard to <br /> any ather fees, the a�sence�f express authority in�his Se�uri�y�ns�rumen��o ehar�e a specific fee�a <br /> Borr�wer sha11 not be construed as a proh�b���fln�n the charg�ng�f such fe�. Lender may not charge fees <br /> �hat are express�y pr�hibit�d�y this Securi�� Ins�rurnen��r by Appli�ab�e Lavv. <br /> �f the Loan�s subject�o a�aw w�.�ch s�ts ma�imum loan charges, and�ha�law �s finally interpre�ed so tha� <br /> �he inter�s��r oth�r�aan charges co��ected�r�o�e collected in cannecti�n w��h�h.e Loan�xce�d the <br /> permitted limits, then: ta� any such�aa�a charg�shal�be re�uc�d hy the amount necessary ta reduc��h� <br /> charge to�he p�rm�tted�imu.t; and �b� an� sums alread�r cal�ec�ed fr�m Borrower which exceeded permi.��ed <br /> limi�s vv�ll be refunded to B�rrovver. L�nder ma�choose to ma.ke�his r�fund��r r�ducing�he principal owed <br /> under�h�N'o��or by making a direc�payment to B�rrov�er. �f a r�fund reduc�s prxnc�pa�, �he reductian will <br /> be trea�ed as a par�ial prepa�men�withou�an�r prepa�men�charge�whe�her or not a prepayxn�nt�harge is <br /> pro�ided f�r under the Note�. Borrower's a�ceptance of an� such r�fund made by direct payment�o <br /> Borrower w�i�cons�i�ute a waiver of any r�gh�of ac�ion Barrower m�ght have arising out�f such o�ercharge. <br /> 'I 5. Notices. A�� notic�s g��en�y Borrower or L�nder in connection�vi�h thi� Securxty Inst�-ument mus�be in <br /> wr�t�ng. An�r�o�i�e�o Borrower�n coxane�tian w�th�his Se�ur�ty Instrument shall be deemed ta have b�en <br /> given�o B�rrou�er v�hen ma�led b� ��rs�.c�ass mai��r when ac�ually d�i��ered to Borrower's notice address if <br /> sent by other means. Notice ta any ane Borrower shax�cons�i�u��no��ce�o a�� Barrowers un��ss App�icab�e <br /> Lav� express�y r�quir�s other�uise. Th�no�ice address sha��be fhe Property Address unless B��rower has <br /> N�BRASKA-5ingle Family-Fann�e MaelFreddie Mac UNIF�RM INSTRIJM�NT � Fvrm 3Q28 11�'I <br /> VMP[� VMPStN�y t13aZJ <br /> Wa�ters Kluwer Financial Ser�ices Page 7� of 17 <br />
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