201606418 - Laserfiche WebLink

Browse

2� 1 ��418 '1�. gvrra►nrer Not Re[eased; Forbearance By Lender N�t a Wai�er. Ex�ensx�n af th�t�me far paymen�or modi�ca�ion af amar�ization of�he sums secured by this Security �ns�rumen�gran�ed by Lend�r to B�rrower �r any Successor in In�eres�of Borrower shaX� not operate to re�ease�h�Iiabi��t� af Barrower or any Succ�ssors in�n�eres��f Borrower. Lender shall not 1a�requ�red to commen�e pr�ceedings aga�ns� an� Successor�n�nterest of B�rrawer�r t� refuse�o e�.tend �im� far payment or a��erwise 7modify amor�ization of�he sums se�ured by this Securit�r �nstrumen�b� r�ason of any demand made b� the flr�ginal B�rr�wer or an� Successors in�nt�rest of Borrovv�r. Any forbearance by Lend�r�n exerc�s�ng any right ar remedy includ�ng, �z�hout��mi�a�ion, L�nder's acc�p�anc�af pa�ments from�hird persflns, en�i��es ar Successors in Int�rest�f Borrower�r in amoun�s Iess�ha�the amount then due, shall not he a waiver of or preclude�he exercise of a�y r��h�ar remedy. '13. Joint and Se��ral Liab��ty: Cv�signers; Succes�vrs and Assigns Bound. Borr�wer�o��nan�s and agrees tha�Barrow�r'�obliga�ions and�iabi�it�shal�be jaint and s��era�. Ho�r��er, any B�rrower who co-signs this 5ecur��nstrument but da�s nat execu�e the Note�a "co-s�gner"}: �a} �s coWsigning�h�s Securi��nstrumen�only to�r�.ort�age, gran�and convey �he co-s�gner's �n��rest in�h�Praper�y under�he �erms�f�h�s Securi�y �ns�rum�.en�; �b} is nat p�rsona��y obiigated�o pay�h�sums secured by th�s Security ��.strum�nt; and�c} agrees tha�Lender and any o�her Borrawer can agree�o extend, mndify, fflrbear or xnake any accomumoda�x�ns with regard to#he terms of this Security Instrument or�h.e Note wi�hout th�co-signer's c�nsent. Subject ta�he provisians of Secti�n �8, an�r 5uccessor in�nteres��f Barrower who assumes Barrower's ob��ga��ons under�his �ecuri�y Ins�rumen� in wri�ing, and xs appro�ed by Lender, sha��obta�n a�� of Borrower's r�ghts and bene��s under�his 5ecurzt� Instrument. Borrower sha�� no�be r��eased fram Borrawer's oh��gat�ons and liahility under this Securi�y Instrumen�un�ess Lender agr�es to such re�ease in wrx�xng. The covenants and agreemen�s of�his Secur�ty Instrumen�shall bind �except as pro�v�ded in Sec�ion �D} and benef�t�he succ�ssors and assigns of L.ender. �4. Loan Charges. Lender may charge Borrower fees for services performed in connection wi�h Borro�rer's defaul�, far the purpQse of protect�ng Lender's int�res� in the Prop�rty and rights under this Security �nstrument, �nc�uding, but not lirn�ted to, attorneys' fees, proper�y inspectxon and valuat�on fees. �n regard to an��ther fees, �he absence of express au�hori�y �n�his Security Instrumen�to charge a specific fe��o Borrower sha�� not be construed as a prohibition an the charging of such fee. Lender may n�t charge fees that are expressl�pr�h�bited b�thxs Se�uri�y Instrument or b� Applicable Lavv. �f the Laa.n is sub�e��o a�aw wh�ch sets maximum�oan charges, and�hat�aw �s final�y interpreted so that the interest�r o�h�r I�an charges collected or�o be callec�ed in cannec�ion wi�h�he Loan exceed the permi�ted �imi�s, then: �a} any such �nan charge shal� �e reduced by the amoun�ne�essary to reduce the charge to the permitted �imi�; and �b} any sums aiready c�llec�ed fram Borrawer wh�ch exceeded permi�ted ��mits�vill be refunded to Borr�wer. Lender may cho�se ta make�his refund�y r�ducing the princi�ai. awed under the Note or b}�making a d�re�t pa�men�to Borrower. If a refund reduces principal, the reduc��an will be�r�a�ed as a partial pr�payment vv�thout any prepayment charge�wheth�r ar n�t a p��paymen��harge is provid�d for under the Nnte}. Borrower's accep�anc��f an� such refund made hy d�rect paymen�ta Bflrrower will cons�xtute a wa��er of any right�f a�tion Borrower migh�ha��arising aut af such o�ercharge. 7 5. Not�c�s. A��not�c�s given by Borro�er ar Lender in connection w�th this Security Instrumen�mus�be in �rri��ng. Any not�ce to �orr�wer�n c�nne�t�on with this Se�urity Instrument sha��be deemed t�have been given�o Barrower v�rhen ma�led by firs�c�ass max� or when actually deli�ered to Borr�wer's not�ce addres� �f sent by a�h�r means. Nat�ce to any one Borrower sha�1 cons�itut�no�ic� �o a�l Borrowers unless App��ab�e Law��pressly requires��herv�rise. The notic�address shall be th�Proper�y Address uniess Borrower has N�BRASKA-Single Family-�annie Mael�redd'€e Mac UN#�ORM�NSTRUM�NT �o�m 3ozs��o� VMPftNEf[13��f V M P[+�] Pa e 1 1 af'#7 Wolters Kluv►��r�€r�ar�c€al Ser�ices g