201700773 - Laserfiche WebLink

Browse

2� 17��773 1�. Borrower Not Re[eased; Fvrb�arance By Lender Not a 'Wa��er. Extensian�f th�time for paynlent or modif�ca�ion of amor�ization of�h�sums secured hy thi� Secur�ty Ins�rument granted by Lender ta Borrovver or any Successor�n�nterest of B�rr�wer shall n�t opera�e to releas�the liabiii�y�f Borrower or any Successors in�nterest of Borr�wer. Lender shall no�be required t�commence proceedings agains�any Successor in�n�erest�f Borrower�r�o refuse to ex�end time f�r paym�nt or otherv�ise modify amor��zation �f�he sums secured by this Securi�y�nstrument by reason af any demand mad�by the nrig�nal B�rrawer or an� Suc��ssors in�n�erest of Borrower. Any forbearance b� I�nder in exercising any right or remedy including, with�ut limitation, Lender's a��eptanc��f paym.ents from�hird persons, enti�ies�r 5uccessars�n �n�eres�of Borrawer or in amoun��less than the amoun�then due, sha��nflt b�a wa�ver of or pr�clude fh.� exerc�s�af any r�ght ar r�medy. 'i 3. Joint and Serreral L�abil�ty; Cowsigners; �uccess�rs and Assigns Bvund. Borrower co�enants and agrees tha�B�rrov�rer's ab�igat�ons and liabi��ty sha��be�oin�and se�eral, H�w��er, any Borrow�r who co-signs this Secur�ty �ns�rumen�but d�es not execu�e�he Note (a "�o-signer"}: �a} �s co-s�gning this Security �ns�rumen�only t�mo�tgage, gran�and�onvey the co-signer's �nterest �n the Proper�y under the t�rms of this Security �nstrument; �b} is no�persnna��y o��igat�d to pay the sums secured by th�s Secur�ty �nstrumen�; and�c} a�rees �hat Lender and any oth�r Borrovwer�an a�ree to extend, modify, forbear ar make any accommodations v�i�h r�gard ta the�enms of�his Se�uri��r Ins�rum�nt or�he No�e v�i�hau��he caws�gner's consen�. Subjec�to the pr��is�ans of S�ction �8, an� Succ��s�r in Inter�st of Borrower who a�sumes Barrower's ob�igat�ons under�his Secur�ty �ns�rumen��n v�rri�ing, and �s appro�red by Lender, sha�� obtain a�l o� Borrower's righ�s and ben��s under th�s Securit� �nstrumen�. Borrower sha�� nat be re�eased from Borrower's obl�gati�ns and �iab�li�y under�his �ecur�ty �ns�rumen�un�ess Lender a�rees �o such rel�a�e in v�ri�ing. The co�enants and agreements of this Securi�y �ns�rument sha1� b�nd�exc�pt as pr�vided �n Se�tion Z4} and henef�t�h�successors and assigns�#`Lender, 'i 4. Laan Charges. Lender�nay charge Borrower fees for s�rvices perform�d�n�onnecti�n��vi�h Borrawer's defauit, for the purpose of protecting Lender's in�er�st in the Property and rights und�r this Secur�ty �nstrumen�, �ncluding, but n�t l�mited to, a�torneys' fees, prop�r�� xnspect�on and valuat�an fees. �n re�ard t� an�other fees, the absence of�xpres� au�hori�y �n this S�curi�y �nstrumen�to charge a specific fee to Borrower shail not be canstrued as a prohibit�on�n�he charging of such fe�. Lend�r ma�not�harge fees �hat are expressl�prah�bi�ed by this Security �ns�rument�r�� Appiicab�e Lavv. �f the Loan�s subj�c�to a�aw v�rhich sets max�mum�oan charges, and that�aw �s �nally in��rpre�ed so that �he�n�ere�t ar a�h�r I�an char�es col�ec�ed or to be collec�ed in cor�necti�r�w��h�he Loan exceed the permi��ed�im�ts, then: �a} any such loa�charge sha��be reduced b��he amaunt necessary�o reduce�he charge to the permitted��mit; and �b} any sums already coi��cted from Borrawer which exceed�d pernLitted ��mi�s w��be refunded ta Borrower. Lender ma�choos��n make th�s refund by redu�ing the pr�n�ipa� awed under��.e Nate or b�making a direct payment ta B�rrower. If a refund reduces principai, the redu�ti�n��11 be treat�d as a partial prepa�ment without any prepayment charge�whether or no�a prepayment charge is pr�Wi�ed for under�he l��te}. Borrower's ac��ptan�e of any such refund made by dir�ct pa�ment�o Borrower will cons��tu�e a wai�er of any right of action Borrawer mught have ar�sing aut of such overcharge. �15. Not�ces. A�l notice�given by Borrower�r�..�nd�r in�annect�an w�th �h�s Secur�ty �nstrumen�must b�in writing. Any no�ice�o Borrower�n c�nnec�ian wi�h t�is Secur�ty �nstrumen�shall�e�.eemed�o ha�e been gi�en to Borrower vvhen mai�ed by first class rnai� or when actua��y de�ivered�o Borr�w�r's not�ce address if sen�by other�eans. Notzc��any on�Borrower shali constitu�e not�ce to a�l Borr��rers un��ss Applicable Lav�expressly requir�s o�herwise. The not��e address shall be�he Property Address unless Borr�wer has NEBRASKA-Single Family-Fannie Mael�reddie Mac UNIFORM lNSTRLIMENT �orm 302$1!�1 VMP� VMP6�NEy{'13Q2y Wolters Kluwer�inancial 5er�i�es Page 7� af 17