201700338 - Laserfiche WebLink

Browse

2� 17��338 ,� ' 1, • �aaN#:�so�so9�� amount of the sums secured�mmediately before the partial taking,destructian,or loss in�alue,un�ess Borrower and Lender vtherwise agree in wri#�ng,the Miscetlaneaus Proceeds shall be applied#o the sums secured by this Securi#y Ins#rument whether or not the sums are then due. If the Property is abandoned by BoITvwer,or if,after notice by Lender to Borrowe�that the Dpposing Party[as defined in the nex#sen#ence}vffers tv make an award to settie a claim for damages,Borrawer fiaiis tv respond to Lender w�thin 30 days after the date the notice is given,Lender is autho�ized to cot�ect and appiy the Misr,eiianeous Proceeds either#o restoration or repair of the Property or to#he sums secu�-ed by#his 5ecurity Ins#rument,whethe�or n�t#h�n due."�pposing Par#y"means the third party that owes Borrower M�scellaneous Proceeds or the party against whom Borrower has a�ight v�activn in regard tv Misce�laneous Pr�ceeds. Bo��-ower sha1l be in default�f any act�on or proceedingT whether ci►►il or criminat,is begun tha#,�n Lender's judgment,cauld resuit in forfeiture of the Property or ather mater�a�impairment of Lender's int�rest in#he Property or rights under this 5ecurity Instrument.Borrower can cure such a defauIt and, ifi acce�eration has accurred,reinstate as pro►rided in Sect�on'�9,hy causing the action or proceeding to be dismissed v;ri#h a ruling that,in Lender's judgment, prec�udes forfeiture of the Property or�other materia[�mpairment of Lender's interest in the P�oper#y or rights under this Security Ins#rument.The praceeds of any awar�d ar ciaim for damages tha#are attributable to the impairment of Lender's interest En the Property are he�-eby assigned and shail be paid to Lender. A11 Misceilaneous Proceeds that are not app�ied#o restorat�on or repair of#he Property shall be appiied in the order provided for fn Sectian�. 7�. Borrower Not Released; Forbearance By Lender Nvt a VIlai�er. Extension of the time fo� payment or mvdif�cat�on of amortization o�fihe sums se�ured hy this Security lnstrument gran#ed by Lender to Borrower or any Successor in Interest vf Borrawer shall nvt opera#e#a release#he iiability vf Borrower❑r any Successors in Interest of Bonower. Lender shall not be required to commence pr�ceedings against any Successor in Interest of Borrower or to refuse tv extend time for payment or otherwiss modify amortizativn of the sums secured by this Security Enstrumen#by reason of any demand made by the vrigina!Borrower vr any Successors in interest of Borrower.Any farbearance by Lender in exercising any right or remedy including,without limita#ton,Lender's acceptance of payments from third persvns,entities or 5uccessors in Interest of Bvrrower or in amounts Iess than the amount then due,shall not be a waiver of or preclude the exercise of any r�ght or remedy. '13. Jointand 5e►►eral Liahility;Co-signers;SuccessorsandAssigns Bound.Borrowerca�enants and ag�ees that Barrower's obligations and iiahility sha�l be joint and several.Howe�er,any Borrower who co-signs#his Secur�ty Instrumen#hut daes nat execute the Nvte{a"co-signer"}:�a}ts co-signing th�s Securify Ins#rument❑niy to mortgage,grant and canvey#he co-signer's inter�s#in the Property under the terms vf this Security Instrument;{b}is not personally ohligated to pay the sums secured by#his Securi#y�nstrumen#;and�c}agrees that Lender and any other Borrower can agree to extend,modify, fvrbear or make any accommvdat�ons wi#h regard to#he�erms of th�s Security Ins#rumen#or#he Nvte withvut the ca�signer's�onsent. Subject to the pravisions of Sec#ivn 18, any Successor in �nterest of Borrower who assumes Borrawer's ab�igatians under this 5ecurity Instrument in wr�t�ng,and is appro�ed by Lender,shali vbtain all ofi Borrvwer's rights and benefits under this Security Instrumen#.Borrower shall not be released from Borrower's obligativns and�iabili#y under this Securi#y Instrument unless Lender agrees ta such re�ease in writing.The covenants and agreemen#s of this 5ecurity Instrument shall bind�except as pro�ided in Sectivn 20}and benef�t the successors and assEgns vf Lender. "�4. Loan Charges.Lender may charge BoITower fees for services perfarmed in connec#ian with Borrower's default,fvr the purpase of pra#ecting Lender's interest in the Property and righ#s under this 5ecurity Instrument,in�luding,but not�imEted to,attvrneys'fees,property inspect�on and�a�ua#ian fees. �n regard to any vther fees,the absence of express authority in this Security Instrument to charge a spe�ific fee tv Borrower sha�i no#be construed as a prohibition on the charging of such fee.Lender may not charge fees that are expressly prvhibited by this Securi#y Instrument or by App�icable Law. �f the Loan is subject to a�aw which se#s maximum�oan charges,and#hat�aw is finai�y in#erpreted so that the interest or other loan charges colEected or to be callected in cvnnectivn with the Lvan exceed the permitted limi#s,then:�a}any such Ivan charge sha��be reduced by the amount necessary to reduce the charge to the permi�#ed��mi#;and{b}any sums a�ready collec#ed from Bvrrower which exceeded permitted limi#s will be refunded to Borrower.Lender may choase to make this refi.�nd by reducing the principa!owed under the Note vr hy making a direct paymen#to Borrower.If a refund reduces principa�, the reduc#ion will be#reated as a partial prepayment withou#any pr�epayment charge�whether ar nvt a prepayment charge is pr�vvided fvr under the Note}.Borrower's acceptance vf any such refi.tnd made by direc#payment tv Borrvwer will constitute a waiver of any righ#af action Borrower might ha�e a�ising out of such o�ercharge. 7 5. Notices.A!I no#ices giv�n by Borrawer or Lende�in connec#ion wi#h this Securi#y�nstrument mus# be in writing.Any notice#o Borrower�n connec#ion with this Security lnstrument shal�be deemed to have been gi�en tv Borrvwer when ma�led by first c�ass ma�!or when actuaiiy deli�ered#o Borr-avfret's nvtice address if sent hy other means.Notice to any one Borrower sha11�onstitute notice to al�Borrow � s Applicab�e Law express�y requires otherw�se.The notice address shall be the Pr-aperty Add s I lni�ials: NEBRASE{A--Single Family--Fannfe MaelFreddie[Vlac UN[F�RM INSTRUNlENT Form 30Z8'f10'I El�ie Mae,�nc. Page 8 vf�� N EDEED 0395 NEEDEED�CLSJ 1 212 712 0 1 fi 05:23 AM PST �. . . ,�y � $