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200J040'79 <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be. <br />dismissed with a ruling ghat, in Lender's :judgment, precludes forfeiture of the Property or other material <br />impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of <br />any award or claim for dazna``es that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />.All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section Z. <br />12. Borrower Not Released; :Forbearance B}~ Lender Not a Waiver. Extension of the time for <br />payment or modification of amortization of the sums secured by this Security Instrument. granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Iorrower <br />or anv Successors in Interest of Borrower. Lender shall not be required to commence proceedin~~s against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise. modify <br />amortization of the sums secured by this Security Instrument by reason of any demand made by t}te original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by },.ender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments from third persons, entities or <br />Successors in hiterest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude. the: exercise of any right ar remedy. <br />13. Joint and Several Liability; Co-signers; Successors arrd Assigns Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. l-Iowever, any Borrower who <br />co-signs this Security instrutr~ent but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and conve}r the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Lzzstruznent; and (c) agrees that Lender and any other Borrower can agree io extend, modify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the Note wit}lout the <br />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.. sha(1 obtain <br />all of Borrower's rights and benefits under this Security Lnstrument. Borrower shall not be released from <br />Borrower's obligations and stab}lit}~ under this Security Instrument unless lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of bender. <br />14. Loan Charges. I..ender may chctrgc Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting [,endcr's interest in the Propert}~ and rights under this <br />Security Instrument, including, but not limited to, attorneys' fees. grope-sty inspection and v~tlr.tation fees. <br />In regard to any other fees, the absence of express authority in this Security Instrument to charge a speciiiC <br />fee to Borrower shall not be construed as a prohibition on the eharc;in~* of such fee. Lender ma_v not charge <br />fees that are expressly pz~ohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a )aw which sets maximum loan charges, and ghat lave is finally interpreted so <br />that the interest or other loan Charges Collected or to be collected in connection with the Loan exceed the <br />permitted limits- then: (a) an}~ sect: loan charge shall be reduced by the amount necessary to reduce the <br />Charge to the permitted limit; and (b) any scans already collected trorn Borrower wh}ch exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to snake this refund be- reducing. the principal <br />awed under the Note or' by making a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayment Charge is provided for under the Note). Borrower's acceptance of any such refund made by <br />direct payment. to Borrower will constitute a waiver of~ any right of action Borrower might have arising out <br />of such overcharge. <br />1S. Notices. All notices givers by Borrower or Lender in connection with this Security Insu~umcnt <br />must be in writing. Any notice to Borrower in connection with t}pis Security hnstrument shall be deemed to <br />have beetz given to Borrower whc,n mailed by Cast 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 Borro~~~ers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address <br />unless Borrower has designated a substitute notice address by z~otire to Lender, 1orrower shall promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower' s <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />230532 <br />NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM INS7RUMEN7 1 <br />-6(NE)(oRi1~ Page 10 or 1s i~~t~ais ~l Form 3028 1/01 <br />