Laserfiche WebLink
201005570 <br />acceleration has occurred, reinstate as provided in Seclivn 19, by causing the acliuu or pruceediuf~ tv be <br />distnisscd with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment of Lender's interest in Lhe Pruperty ur rights under ibis Security Inst.ru-7-uul._ 'I he pmcccds nl' <br />any award or claim fur damages that arc auribulahle to the i-r7pait°-mertt of Lender's interest in the Pruperty <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied lv reslvralivn yr repair of the Pruperty shall be <br />applied in the order provided for in Section 2. <br />12. lliorrower Not Released; Forbearance By T.euder Not a Waiver. Extension of the time for <br />payrncrtt or urvdification of amortization of tlrc suttrs sccurcd by this Security Instrutr7cnt gratrtcd by Lcndcr <br />lv Borrower yr any Successor in interest of Borrower shall not operate to release fire liability of Borrower <br />or any Successors in interest of Borrower. Lender shall not he required to commence proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time fur payment or otherwise modify <br />amortization of the sums sccurcd by Luis Security Instntrnent by reason of any demand made by the original <br />Borrower yr any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without lirnitatiou, Iac-rdcr's acceptance of payrncrrts t'ron- third persons, entities or <br />Successors in Interest of Borrower or in a-nounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13..1<oint and Several Liability; Co-sil;ucrs; Succt,~ssvrs and Assigns Bound. Borrower covenants <br />and agrccs that Borrower's obligations and liability shall be joint and several. livwever, auy Burrower who <br />co-signs this Security instrument but does nvl execute the Nvte (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Pruperty under the <br />terms of this Security Instrument; (b) is not personally obligated tv pay the sums sccurcd by this Security <br />Instrument; and (c) agrccs that Lcndcr and any other Borrower can agree to extend, modify, forbear or <br />rnake any accommodations with regard to the terms of this Security Instrument yr the Notc without the <br />co-signer's consent. <br />Subject to the provisions of Section 18, any Successor in interest of Borrower wlro assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits under this Security instrument. Borrower shall not be released from <br />Borrower's ~bligativns and liability under this Security Instrument unless Lcndcr agrccs tv such release in <br />writing. The covenants and agreements of this Security instrument Shall bh7d (cxecpt as provided in <br />Section 20) and benefit tttc successors and assigns of Lcndcr. <br />14. Loan Charges. Lcndcr may charge Borrower fees for services perforn7ed in GOtl-7CCt1On wit17 <br />Borrower's default, for t17e purpose of protecting Lender's interest in the Property and rights under t17is <br />Security instrument, h7clud1l7g, but not limited to, attorneys' Pecs, property inspection and valuation Cees. <br />In regard to arty other fees, the absence of express auLhvrity in this Security instrument [o charge: a specific <br />fee l0 Borrower shall trot be construed as a prohibition on tlrc charging of such fee. Lcndcr may nvl charge <br />fees that are expressly prohibited by this Security lnstnunent or by Applicable Law. <br />If fire 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 comreclion willr the Lvan exceed lhu <br />permitted limmits, [hen: (a) any such loan charge shall be reduced by the amount necessary tv reduce the <br />charge to the permitted limit; and (b) any sums already collected from Bvrrvwur which exceeded permmitted <br />limits will be rofunded to Borrower. Lender tray choose to make this refund by reducing the principal <br />owed under the Notc or by making a direct payment to Borrower. Tf 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 fur under the Nole). Borrower's acceptance of any such nl'uud 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 />15, Noticcw. All notices given by Burrower or Lcndcr in ar-7nection with this Security Instrument <br />must he in writing. Any nvtice to Borrower in connection wish this Security Instrumcrd sh~dl be dccnred to <br />have been given to Borrower when mailed by first class mail or whcrr actually delivered to Borrower's <br />notice address it' sent by other means. Nvticc W any one Borrower shall constitute trotice to all Borrowers <br />nnlcss Applicable Law expressly requires otherwise. The nvtice address shall be [he Property Address <br />unless Burrower has designated a substitute notice address by nvtice to bender. Borrower 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 througl- that specified procedure. <br />NEC3RASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ~~ti//~ <br />-61NE1 ~oei i I Pepe 10 of 16 ~nitlo~s: ~-) W/wL Form 3028 1101 <br />