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201005931
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201005931
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Last modified
8/23/2010 3:24:13 PM
Creation date
8/23/2010 3:24:12 PM
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DEEDS
Inst Number
201005931
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201005931 <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action of proceeding to be <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment of Lerrdcr's interest in the Property of rights under this Security Instrnntarl;. The proceeds of <br />any award or claim for damages that are attributable tv the impairment of Lender's interest in the Property <br />arc hereby assigned and shall be paid m Larder. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be <br />applied in the orcka provided for in Section 2. <br />1Z. Borrower Not Released; Forbearauee By Linder Not a Waiver. Extarsion of the time for <br />payment or modification of amortization of the soma secured by this'Sceruity ipstnmtent granted by Lender <br />to 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 regriirod to commences proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time fnr payment or otherwise modify <br />amortization of the sums secured by this Security Instrument by reason of any demand made by the original <br />Bonoowcr or any Successors in Interest of Borrower. Any forbearance by Lender in exex+cising arry right or <br />remedy including, without limimtion, Lender's acceptance of payments from third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of nr <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-aipnera; Successors and Aaa~pns Sound. Borrower covenants <br />and agrees ~ Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />cn-signs this Security Instrumart but does not execute the Note (a "eo-signcr'~= (a) is co-signing this <br />Scc~uity Insh~mierzt tnnly to mortgage, grant and camrey rho co-signet's interest in the Ptopariy urtdot the <br />terms of this Sec~uity Instrument; (b) is not personally obligated to pay We sums secured by this Security <br />Iztsbrument; and (c) agrees that Lem aril air other Borrower can agree W extemd, modify, forbear ax' <br />make any accommadatians with regard to the tcr>~as of this Security Instrument or the Note without the <br />co~ignet's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations uruler flue Security Instrumart in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and barefits unde~t this Security Inslrrrment. Borrower shall not be released from <br />Horrowea's obligations and liability under this Security lnstrruaent unless Larder agrees to such release in <br />writing. The covcnarrts and agreements of thrs Security Instrumart shall bind (except as provided in <br />Section ZO) sad barefit the successors and assigns of Lender. <br />14. Loan CharSes. Larder may charge Borrower fees for services petfnrmed in wnrrection with <br />Borrower's default, for the purpose of protecfiing Lender's interest in the Property amd rights under this <br />Security Ir~nuneant, including, but not limited to, attorneys' fees, property inspection and valuation fees. <br />In regard to any other fees, the observes of express authority in this Security Instruuaerd m charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Larder may not charge <br />fees that are expressly ~r+ohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which setts maximum loan charges, and that law is finally interpreted so <br />that the interest ar other loan charges collected or to be collected in cormection with the Loan exceed the <br />permitted limits, thee: (a) atry arch loan Charge shall be reduced by the amount necessary to reduce the <br />ChargC to the permuted Itmrt; and (b) any auras already collected from Borrower which exceeded permitted <br />limits will be refimded to Borrower. Lender may choose to make this rcfimd by redneing the princrpal <br />owed under the Note of by making a direct payment to Bon+owet. If a refimd reduces principal, the <br />reduction will be treated as a partial prepayment wnithaut any prepaymedt charge (whe#her or not a <br />prepayment charge is provided for under the Note). Borrower's acceptance of any such refim~d made by <br />direict payment m Borrower will tutc a waives of any right of action Borrower might haves arising out <br />of such overcharge. <br />15. Noticrs. All notices given by Borrower ar Lender in connection with this Security Instrument <br />must. be in writing. Any notice to Borrower in connection with this Security Ixistnrment shall be domed to <br />have been giyerr to Borrower whar mailed by first class mail or whar actually delivered to Borrower's <br />notice address if sent by othca means. Notice to any one Borrower shall constitute.notice to all Borroweae <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 notice to Lender. Borrowea shall promptly <br />notify Larder 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 pmeedure. <br />NEBRASKA- Steeple Famsy - FanrrbYaNFnddla Yoe UNIf^BRY IN81'RUAENT <br />~"~~ (p~iq~ PAW 10 d16 h~Y: l=orm'.I~ 'tA~ <br />
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