201607305 - Laserfiche WebLink

Browse

2� 1 ��73�5 Securit�Instrument,tivhether or not then due. "�pposing Pa�-ty"means th�th�rd pa,rt}�that owes�arrawer Misc��aneous Procee�s or the par�aga�nst�hom Borra�uer has a right of action in regard to Misc�llaneous Proceeds. Borrow�r shail be in default if any action ar proceeding,whether civil or cr�mina�, is begun that, in Lender's judgment,could result in forfeiture of the P`roper�ar other materxai impairmen.�of Lender's interest iu the Property or rights under this Security Instrument. Borrovver can cure such a default and, if acc�leration has accurred,re�nstate as provided in Sectinn �9,by causing the ae�ion or pracee�ling to b�d�smissed with a ru�ing that, in Lender's judgment,pr�cludes forfeiture�f the Pr�perty or ather mat�rial impairment of Lend�r's�nterest in the Prvp�rty or rights under th€s 5�curity Instrument, The proc�eds of any award or c�aim for damages tha�are attribu�ab�e ta the impairment of I�e�d�r's interest in the Pr��erty a�e�ereby assigr��d and shall be paid to Lender, A11 Miscellaneous Proceeds that are not applied to restora�ian�r repair of the Property sha11 be applied in the ord�r provided for in Sectian 2. 'I�. Bvrrower Nvt Reieased;Forbearance�y LenderNot�'I�lia�ver.Exten�ion of the time for�ayment or modificatian�f amortizatio�af the sums secured b�th�s Security Instrument gran�ed'by Lender to Borrower or an�Successor in Intere�t of Borrower sha�l n��opera�e to release the liability of Bor�rower or any Successars in Inter�st of$orrovver. Lender shall not be required to c�mumence proceed�ngs against any Successor in Interest of Borrv�v�r ar to refuse to extend time for payment or�therwise modify amortization of the sums secured by this Security Instrument by r�ason of any d�mand made by�he original Borrawer or any Su�cessors in Interest of B�rrower.Any forbearance by Lender in exerciSing any right or remedy �nclud�ng,�vithout�imi�a.�ti�n,Lender`s acceptance of payments from thud persons, entities or Successors in � Interest of B�rro�er or in amounts less than the amaunt then due, sha11 not be a waiver of�r prec�ude th� exercise of any right or reme�iy. 13. Joint and Se�era�Liab��ity;�o-si�n�rs;Successorsand Assigns Bound.Borrower co�renants and agrees that I��rr�wer's obligation.s and liability sha11 be joint and several. H�wever,an�Borrower wh� co-signs thi��e�urity Instrument but does not execute the Note�a"co-signer"�: �a)�s co-signing this Secu.ri�ty Instrument only to mar�gage,grant and canvey the co-sign�r's interest in the Property under the terms af this Secur�ty Ins�rument; �b)is n�t personally obligated t�gay�he sums secured b��h�s Security Instrument;�nd(c}agrees that L�nder and any other Borrower can agree to extend,modify, forbear or make any acconamadations with rega.rd to the t�rms of�h�s Security Instrument or the Nate�vithout the co-signer's - consent. Sub,j ect ta the provisions Qf Section 18,any Succes�or in Interest of Borrower who assumes Borra�ver's ab�igations und�r this Security In�trurnent in writing,and is approved by Lender,sha11 obtain all of Barrower's rights and ben�fits under this�ecurity Ias�rument. Borrower sha11 nat b�r�leased frarn Borrouler's obligations and liability under this Security Instrum�nt unless L�nder agrees ta such releas�in writing. The co�renants and agreements of this Security In�tru.m�n�sha1l�aind(except as�rovided in Section 2D�and bene�'i�the suGcessors and assigns of Lender. 'I4, Lvan Charges.Lender may charge Borrower fees for sexvices performed in connection with Borro�ver's defau�t, far the purpose of protecting Lender's interest in the Propea�ty and rights und�r this Security Instrument, including,but not limited to,attomeys'fees,property inspection and�a�uation fees. In re�ard to any ath�r fees,the absence of express author�ty in th�s Security I�strument to charge a specific fee to $orra��r s�all not be construed�as a prohibition on the charging of su�h fee.Lender may not charg�fees that are expressly prahibited by this Security Instrument or by App��cab�e La�v. NEBRASKA-Sir€gle Fami�y-Fannie Mae{Freddie Mac LJNIFORM iNSTRUMENT WITH A�IERS Form 3�2g 91�1 VMP� VMPfiA(NE}(13D2�.fl4 Vllolters Kluwer Financial Services Page 1'�o�1T q�33�353��4� �233 �95 1117