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201703445
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7/3/2017 5:40:54 PM
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5/24/2017 2:09:14 PM
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201703445
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default, for the purpose of protecting Lender' s interest in the Property and rights under this <br />including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard <br />absence of express authority in this Security Instrument to charge a specific fee to Borrower s <br />as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohi <br />Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally i <br />interest or other loan charges collected or to be collected in connection with the Loan exceed <br />then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge t <br />and (b) any sums already collected from Borrower which exceeded permitted limits will be re <br />Lender may choose to make this refund by reducing the principal owed under the Note or by m <br />to Borrower. If a refund reduces principal, the reduction will be treated as a partial prep <br />NEBRASKA -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT <br />Form 3028 1/01 Page 9 of 14 <br />201703445 <br />Instrument whether <br />agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Securi <br />or not the sums are then due. <br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that t <br />defined in the next sentence) offers to make an award to settle a claim for damages, Borrow <br />Lender within 30 days after the date the notice is given, Lender is authorized to collect and ap <br />Proceeds either to restoration or repair of the Property or to the sums secured by this Securit <br />or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous <br />against whom Borrower has a right of action in regard to Miscellaneous Proceeds. <br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is be <br />judgment, could result in forfeiture of the Property or other material impairment of Lender' s i <br />or rights under this Security Instrument. Borrower can cure such a default and, if acceleration h <br />as provided in Section 19, by causing the action or proceeding to be dismissed with a ruli <br />judgment, precludes forfeiture of the Property or other material impairment of Lender' s inter <br />rights under this Security Instrument. The proceeds of any award or claim for damages that <br />impairment of Lender' s interest in the Property are hereby assigned and shall be paid to Lend <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property s <br />order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of th <br />modification of amortization of the sums secured by this Security Instrument granted by Lend <br />Successor in Interest of Borrower shall not operate to release the liability of Borrower or any <br />of Borrower. Lender shall not be required to commence proceedings against any Successor in <br />or to refuse to extend time for payment or otherwise modify amortization of the sums sec <br />Instrument by reason of any demand made by the original Borrower or any Successors in Intere <br />forbearance by Lender in exercising any right or remedy including, without limitation, Le <br />payments from third persons, entities or Successors in Interest of Borrower or in amounts less <br />due, shall not be a waiver of or preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower <br />that Borrower' s obligations and liability shall be joint and several. However, any Borrower who <br />Instrument but does not execute the Note (a "co- signer "): (a) is co- signing this Security Instrum <br />grant and convey the co- signer' s interest in the Property under the terms of this Security I <br />personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that <br />Borrower can agree to extend, modify, forbear or make any accommodations with regard to the <br />Instrument or the Note without the co- signer' s consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who <br />obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower' s rights <br />. gations and liability <br />d agreements of this <br />assigns of Lender. <br />e Opposing Party (as <br />r fails to respond to <br />ly the Miscellaneous <br />Instrument, whether <br />roceeds or the party <br />that, in Lender' s <br />erest in the Property <br />occurred, reinstate <br />g that, in Lender' s <br />st in the Property or <br />e attributable to the <br />r. <br />all be applied in the <br />time for payment or <br />r to Borrower or any <br />uccessors in Interest <br />Interest of Borrower <br />ed by this Security <br />t of Borrower. Any <br />der's acceptance of <br />han the amount then <br />ovenants and agrees <br />o -signs this Security <br />nt only to mortgage, <br />strument; (b) is not <br />ender and any other <br />erms of this Security <br />sumes Borrower' s <br />and benefits under this Security Instrument. Borrower shall not be released from Borrower' s ob <br />under this Security Instrument unless Lender agrees to such release in writing. The covenants a <br />Security Instrument shall bind (except as provided in Section 20) and benefit the successors an <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connects on with Borrower' s <br />ecurity Instrument, <br />o any other fees, the <br />all not be construed <br />ited by this Security <br />terpreted so that the <br />he permitted limits, <br />the permitted limit; <br />nded to Borrower. <br />ing a direct payment <br />yment without any <br />DocMag/c egburmar <br />www.docmagic.com <br />
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