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201702250
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Last modified
7/28/2017 2:53:10 PM
Creation date
4/11/2017 9:03:52 AM
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DEEDS
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201702250
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2� 17�225� <br /> Security Instrument,whether or not then due. "flpposing Party"means the third party that owes Borrower <br /> 1Vl�scellaneous Proceeds�r the party aga�nst whom Borrower has a right of action in regard to Niiscellanevus <br /> Proceeds. <br /> Borro�ver shall be in default if any action or proceed�ng,whether civil or criminal,is begun that,in Lender's <br /> judgment,could result in forfeiture of the Property ar other materia� impairment of Lender's interest in the <br /> Property ar rights under this Security�nstrument. �orrower can cure such a default and,if acceleration has <br /> occurred,reinstate as provid�d in S�ction 19,by causing the actiQn or proceeding to be dismissed with a <br /> ru�ing that, in Len.der's,�udgment,precludes forfeiture of the Property or other material impairment of <br /> Lender's interest in the Property or rights under this Security Instrument.The proceeds of an�award or <br /> �laim�or damages that are attributable to the impairment of Lender's in�erest�n the Property are hereby <br /> assigned and shall be paid to Lender. <br /> A11 Miscellaneous Ptoceeds that are not applied to restorat�on or repair of th�Ptoperty sha11 be applied�� <br /> the order provided for in Section 2. <br /> 1 Z. Borrower Not Released;ForbearanceBy Lenderldot a Vllaiver.Extension of the time for payment or <br /> modif�cation of amortization of the sums secured by this Security Ins�rument granted by Lender to Barrower <br /> or any Successor in�nterest of Borrower shali aot operate to re�ease the 1iab��ity of Borrower or any <br /> Successors in Inter�st of Borrower. Lender sha11 not be required to commence proceedings against any <br /> Successor in Interest of Borro�ver or to refuse to extend time for payment or othervvise modify amortization <br /> of the sums secured by this Security Instrument by reason of any demand made by the original Bonower or <br /> any Successors�n Interest of Borrower. Any forbearance by Lender in ex�rcising any right or remedy <br /> including,without limitatiori,Lender's acceptance of payments from third persons,entities or Successors in <br /> Interest of Barro�ver ar in amounts less than the amount then due,sha��not be a waiver of or preclude the <br /> ex�rcise of any right or rerr�edy. <br /> 13. Joint and Se�e�al Liability;Cv-signers;Successorsand AssignsBound.Borrovver covenants and <br /> agrees that Borrower's obligations and liabi��ty sha��be joint and several, Hawever,any Bo�ro�ver who <br /> co-signs this Security Instrument but does not execute the I�ote(a"co-signer"): (a}is co-51�111I1�t�11S <br /> Securi.ty Instrument only�o mortgage,grant and con�ey the co-signer's interest in the Property under the <br /> terms of this Security Instrun�ent;�b)is�ot personaily obligated t�pay the sums secured by this Security <br /> Instrument;and�c}agrees that Leoder and aay other Borrower can agree to extend,modify, forbear or make <br /> any accommodations with r�gard to the terms of�his Security Instrument or the Note without the co-signer's <br /> consent. <br /> �ubject to the pro�isions Qf Sectian 18,an�Successor in Interest of Bonower who assumes Borrower's <br /> abligations under this Security Instrument in writing,and is approved by Lender,shal�obtain a�l of <br /> Borrower's rights and benefits under this Security Instrument. Borrower shal�not be released from <br /> Borrower's obligatians and�iability under this Securi�y Instaruument unless Lend�r agrees to such release in <br /> writing.The co�enants and agreement�of t�is Security Instrument shall bin�(except as provided�n Section <br /> ZO}and benefit the successors and assigns of Lender. <br /> '14. Loan Charges.Lender may charge Borrower fees for serWices performed in connection with Borrower's <br /> default, for the purpose of protecting Lender's interest in the Property and rYghts under this Security <br /> Instrument, including,but n.ot��mited to,attorneys'fees,property inspection and�aluation fees.In regard to <br /> any other fees,the absence of e�press authority in th�s Security Instrument to charge a speciFic fee to <br /> Borro�ver sha11 not be construed as a prohibition on the charging of such fee. Lender may not chaxge fees <br /> that a,re expressly prohibited by this Security Instrument or by App 1 icab 1 e Law. <br /> NEBRASKA-Single Famity-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT 1NITH MERS Form 3428114� <br /> VMP� VMP6A(NE�[1342}.4Q <br /> Wolters Kl�wer FtrFancial Services Page 11 of 1 T <br /> q433739z5312 4233 683 1117 <br />
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