201700363 - Laserfiche WebLink

Browse

2� 17��3�3 Security Instrument,whether or not then du�. "�pposing Party"means th��hird party that o�res Borrawer Miscellaneous Praceeds or the par�against wham Borrower ha5 a right�f ac��an in regard to M�scel�aneaus Praceeds, Borrower shatl be in defau�t if any action or proceeding,whether civil or criminai, is b�gun that, in Lender's judgment,coul�.result in forfeiture of the Property ar other material impairment af Lender's interest in the �'raperty or rights u�der th�s Security Instrum�nt.Borrower can cure such a default and,if acceleration has occurred,reins�ate as pr�vided in Se�tion I9,by cau�si�g�he activn or proceedin�ta be dismissed�vit�i a rul�ng that, in Leader's judgment,precludes forfeiture Qf the Pr�perty�r�ther material in�pa�i�ment of Lender'�i�t�rest in the Property or right�under this S�curity Instrumer�t, The pr4ceeds af any award ar claim for damages t�at axe attribu�ab�e to the impairrnent af�,ender's�nterest in the Praperty are hereby assign.ed and shail be paid ta Lender, Atl Miscetlaneous Proce�ds that are not appiied to restoration�r repair of th�Pr�perty shal�be applied in �he order pravided fnr in Sectian 2. �I Z. Barrovr►er Not F�el�ased;Far�earan�eBy LenderNot a lAlaiver.E�tensian of the tim�for payment or modificatian of amartization�f the sums secured by this Security Instrum�ent granted by Lender ta B�rrower or any SuGcessar in Interest of$arrower shalt nat operate to reiease the tiability of Borrawer ar any SuGcessors in Interest of Borrower. L�nder sha11 nat be requi.red to commenc+e proce�dings against any Successor in Interest of$orrower or to refuse ta extend time far payment or otherwise modify amorti�atian of the sums s�cured by this 5ecurit�Instrument by reason of any demand made by t�e orig�nal Borr�wer�r any Successors in Interest vf Barrv�rer.Any forbearanc�by Lender in e�erci�in�any right or remedy �nc�uding,without Iimitation,Lender's accep�a.nce af payments from third p�rsons,en�ities�r Suc�essors in Interest of Barrower ar in amounts less than the amaunt then due,sha�1 not ae a waiver�f or preclud�the exercise af any right or remedy. 13. Joinf and Several Liability;�o-signers;�uccessor$and AssiSnsBound.B�rrower Gaven�.nts and agrees�hat Borrawer's obligations and Iiability shall be joint and se�eral.However,an�r Borrower wha co-signs this 5ecurity Instrument but does not execute the I�Tate ta"co�signer"'}: �a}is c�-signing this �ecurity�nstrument anly to m�rt�age,gra.nt and convey the co-signer's interest in the Pr�perty under the terms of this Seeurity Instrumer�t; (b}is nat personal�y obligated to pa�the sums secured by this Security Instru�ent;and�c�agr�es that L�nder and ar�y other Barrower car�agree to�xter�d,modify,for�ear or m�ke any accommadations with r�gard to the terms of thi�Se�urity Ins�rument or the 1�To��withvut the�o-signer's cansent. Subject to the pro�is�o�s flf Se�tio� 1$,an�r Success�r��Interest of Borr��er wb�o assumes BQrrvw�r'� obligations umder this Security Instrument in writing,and is ap�arov�d by Lender,shall obtain a��f Borravver'S rights and bene�ts under this Securi�y Instrument. Borrower s�ia11 not be reteased from Bo�r4wer`5 obiigations and liabi�ity under this�ecurity Inst�ument unless Lender agarees ta such release ia wri�ing,The c��enants�nd agreements af this Security Instrument sha�1�ind�except as pro�ided in Section �U}and benefil�the successors and assigns of Lender. '14. Lv�n Ch�rges.�,ender may charge Borrower fees for services performed in cannection wxth Barro�ver's default, for the purpose of protecting Lender's interest in the Property and rights under this Security �nstrurnent,inclu�ing,but nati limitec�to,attorneys'fees,prop�rty inspection an�.�aluatian fees.In regard to a�ay a�h.er�ees,the absence�f express a�thori�ty in this Security Instrument to charge a sp�cific fee t� Barrower�hali n�t be canstrued as a proh�bitiQ�on the charging of su�ch fee. Lender ma}�nat charg�fees that are expre�sly prvhibited by this Security instrument or by App��cable Law, NEBRASKA-5in�le Family-Fannie MaelFreddie Mac UNfFQRM iNSTRiJMENT WITH MERS Farm 34�8�1Q1 VMP� 1lMP�A(NE�(f 3Q2].�Q Waliers}t�uwer Financ�al Services Page�1 of 17 q 33� 7�81 � 33 g 111