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2� 17�2�84 <br /> Security Instrument,whether or not then due. "Qpposing Party"means the third party that owes Borrower <br /> Miscel�aneous Proceeds or th�party against whom Borrower has a right of action in regard to Miscellaneous <br /> Proceeds. <br /> Borto�ver sha11 be in default if any action or proceeding,whether ci�i1 or criminal, is be�un that, in Lender's <br /> judgment,could resul�in forfeiture of the Property or other material impairment of Lender's interest in the <br /> Property or rights under this Security Instrument. Borrower can cure such a d�fault and, if acceleratian has <br /> occurred,reinstate as pro�ided in Section 19,by causing the action oc proceeding to be dismissed with a <br /> ruling that, in Lender's judgment,precludes forfeiture of the Property or other materia�impairment of <br /> Lender's interest in the Property or rights under this Security Instrument.The proceeds of any award or <br /> claim for damages that are attributable to the impairment of Lender's iuterest in the Property are hereby <br /> assigned and sha11 be paid to Lender. <br /> A11 Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in <br /> the order provided for in Section 2. <br /> 1 Z. Borrower Not Released;ForbearanceBy LenderNvt a Vlfa��er.Extension of the time for payment or <br /> modification of amort�zation of the sums secured by this Security Instrument granted by Lender to Borrower <br /> or any S ucc e ssor in Interest of Borrower shal i not operate ta re lease the 1 iab i 1 ity of Borrower or any <br /> �uccessors in Interest of Borrower. Lender shall not be requued to commence praceedings against any <br /> Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization <br /> af the sums secured by this Security Instrument by reason of any demand made by the origina�Borrower or <br /> any Suc�essars in Interest of Borrower.Any forbearance by Lender in exercising any right or remedy <br /> includ�ng,without l�mitation, Lender's acceptance of payments from third persons,eatit�es or Successors in <br /> Interest of Borrower or in amounts less than the amount tben due,sha11 not be a wai�er of ar prec�ude the <br /> exercise of any right or r�medy. <br /> 13. Joint and Several Liability;�o-signers;Successorsand Ass�gnsBound.Borro�ver covenants and <br /> agrees that Bocrower's obligations and liability shall be�oin�an�se�eral.However,any Borrower►�ho <br /> co-signs this 5ecurity Instrument but does not execute the Note(a"co-s�gner"�: (a}is co-signing this <br /> Security Ins�rument only to mortgage,grant and convey the co-signer's interest in tbe Property under the <br /> terms of this Security Instrument;(b}�s not personally obiigated to pa�the sums secured by this Security <br /> Iastrument;and(c)a�rees that Lender and any ather Borrower caa agree to extend,modify,forbear or make <br /> any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's <br /> consent. <br /> Subject to the provisions of Sect�on �8,any Successor in Intecest of Borrower�vho assumes Borrower's <br /> obligations uader this Security Instrument in writing,and is approved by Lender,sha�1 obtain a11 of <br /> Borrower's rights and benefits under this Security Instrument.Borrower shall not be released from <br /> Borrower's obligations and�iability under this Security�nstrument unless Lender agrees to such release in <br /> writing.The covenants and agreements of this Security Instrument sha11 bind(except as pro�ided in Section <br /> 2�}and benefit the successors and assigns of Lender. <br /> 14. Loan Charges.L�nder may charge Borrower fees for ser�ices performed in connection with Borrower's <br /> default,for the purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrumen.t, including,but not limited to,attorneys'fees,property inspection and valuation fees. In regard to <br /> any other fees,the absence of express authority in this Security Instrument to charge a specific fee to <br /> Borrower shartl not be construed as a prohibit�on on the charging of such fee. Lender may not charge fees <br /> that are expressly prohibited by this Security Instrument or by Appiicable LavW. <br /> NEBRASKA-5ingle Family-Fannie MaelFr+�ddie Mac UNIF�RM INSTRUMENT WETH MERS Form 3426 1141 <br /> VMP� VMP6A�NE}[1302}.44 <br /> Walters I{luwer Financial Sen�ices Page 11 of 1? <br /> q43373499�83 4233 457 1117 <br />