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�o�u��3s2 <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be <br />dismissed with a ruling that, 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 damages that are attributable to the impairment of L.cnder's interest in the Property <br />are hereby assigned and shall be paid to L.ender. <br />All Miscellaneous Proceeds that are nat applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12, Sorrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of amortization of the sums secured by this Security Tnstrument granted by L.ender <br />to Borrower or any Successor in Interest of Borrower shall not operatc to release the liability of Borrower <br />or any Successors in Interest of Borrower. I.ender shall not be required to commence proccedings against <br />any Successor in Interest of Borrawer or to refuse ta extend time far payment or otherwise modify <br />amortizatian of the sums secured by this Security Instrument by reason of any demand rnade by the original <br />Borrower or any Successors in Interest of Borrower. Any farbearance by I..end�r in exercising any right ar <br />remedy including, withaut limitation, Lender's acceptance of payments from third persons, entities or <br />Sti.iccessors in Interest af Borrower or in amounts less thazi the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or reme�dy. <br />13. Joint and Several Liability; Casigners; Successors and Assigns Bound. Borrower cov�nants <br />and agrees that Borrawer'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 �nortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated ta pay th.e sums secured by this Security <br />Instrurnent; and (c) agrees that I.ender and any other Borrower can agree to extend, rnodify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the IVote withouC Che <br />co-signer's consent. <br />Subject to the provisions af Section 18, any Successar in Interest of Barrower wha assumes <br />Borrower's obligations under this Secuxity Instrurnent in writing, and is approved by I.ender, shall obtain <br />all of Borrawer's rights and benefits under this Security Instrument. Borrower shall not ba released from <br />Borrower's obligations and liability under this Security Instrument unless I..ender 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 af L.ender. <br />14. Loan Charges. Lender may charge Bonower fees for services performed in connection with <br />Borrower's default, for the puz�pose of protecting Lender's interest in the Property and rights under this <br />Security Instniment, including, but not limited to, attorneys' fees, praperty inspection and valuation fees. <br />In regard to any other fe:es, the absence of express authority in this Security Instrument to charge a speci�c <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. L.ender may not chaz�ge <br />fees that 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 the <br />pernutted li;mits, then: (a) any such laan charge shall be reduced by the amount necessary to reduce the <br />charge ta the pernutted limit; and (b) any swns already collected from Borrower which exceeded pernutted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Banower. If a refund reduces principal, the <br />reduction will be treated as a partial pr�payment without any prepayment charge (whether or not a <br />prepayment charge is providetl far 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 avercharge. <br />15. Notices. All notices given by Borrower ar Lender in connection with this Security lnstrurnenC <br />rnust be in writing. Any notice to Bonower in connection with this Security Instrurnent 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 rneans. Notice to any one Borrower shall canstitute notice to a11 Barrowers <br />unless Applicable Law expressly requires otherwise. The natice address sha11 be the Property Address <br />unless Bonower has designated a substitute natice address by notice to Lender. Borrower shall promptly <br />notify L.ender 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 />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �L�" <br />�-6�NE) lost t1 Page 10 of 15 i��t�ais. �_4 �,��'�,n Form 3028 9/09 <br />m <br />�, � <br />� . <br />