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All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied <br />in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment <br />or modification of amortization of the sums secured by this Security Instrument granted by Lender to <br />Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings <br />against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise <br />modify amortization of the sums secured by this Security Instrument by reason of any demand made <br />by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in <br />exercising any right or remedy including, without limitation, Lender's acceptance of payments from <br />third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then <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 covenants and <br />agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co -signs this Security Instrument but does not execute the Note (a "co- signer "): (a) is co- signing this <br />Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under <br />the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this <br />Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, <br />forbear or make any accommodations with regard to the terms of this Security Instrument or the Note <br />without the co- signer's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall <br />obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be <br />released from Borrower's obligations and liability under this Security Instrument unless Lender agrees <br />to such release in writing. The covenants and agreements of this Security Instrument shall bind (except <br />as provided in Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation <br />fees. Lender may collect fees and charges authorized by the Secretary. Lender may not charge fees that <br />are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed <br />the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce <br />the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded <br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the <br />principal owed under the Note or by making a direct payment to Borrower. If a refund reduces <br />principal, the reduction will be treated as a partial prepayment with no changes in the due date or on <br />the monthly payment amount unless the Note holder agrees in writing to those changes. Borrower's <br />acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any <br />right of action Borrower might have arising out of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be <br />in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Notice to any one Borrower shall constitute notice to all <br />Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the <br />Property Address unless Borrower has designated a substitute notice address by notice to Lender. <br />NEBRASKA - Single Family - FHA UNIFORM INSTRUMENT <br />© 2004 -2018 Compliance Systems, Inc. 60918d5d- 8b1f0767 - 2018.98.0.8 <br />Single Family Real Estate - Security Instrument 01,2047 <br />Page 9 of 14 www.compliancesystems com <br />III III 1 III II II II <br />* V P K C tI P S <br />D <br />II <br />L 2 <br />In <br />0 4 <br />11111 II III III 11ID 11 <br />7 1 1 3 4 7 4 8 2 2* <br />201804334 <br />Rev. 9/15 <br />