Laserfiche WebLink
2 010U73S6 <br />� <br />� ]� <br />r <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 judgrnent, precludes forfeiture of the Property or other material <br />irnpairment of Lender's interest in the Property or rights under this Security Instxvment. The proceeds of <br />any award ar claim far damages that are attributable to the irnpairment of Lender's interest in the Property <br />are hereby assign�d 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 pravided for in Section 2. <br />12. Borrower 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 Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability af Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to c�mmence proccedings 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 Instnuneant by reason of any demand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payrnents frorn third persons, entities or <br />Successors in Interest af Barrower or in amounts less than the arnount then due, shall not be a waiver of or <br />prectude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants <br />and agrees that Bonower's obligations and liability shall be joint and several. However, any Borrower who <br />co-sigans this Secu�ity Instrument but daes not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and canvey the co-signer's interest in the Property under the <br />tem�s of this Security Instrument; (b) is not personally obligated to pay the swns secured by this Security <br />Instnunent; and (c) agr�s that I.,ender and any other Borrower can agr�e to extend, modify, forbear or <br />rnake any accornrnodations with regazd to the tez of this Security Instnunent or the Nate without the <br />co-signer's consent. <br />Subject to the provisions of Section 1$, any Successar in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instniment in writing, and is approved by L.ender, shall abtain <br />all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower's obligations ar�d 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 bene�it the successors and assigns of L,�nder. <br />14. Loan Charrges. Lender rnay charge Borrower fees for services performed in connection with <br />Barrower's default, for the purpose of proteeting Lender's interest in the Property and rights under this <br />Se,curity Instrument, including, but not limited to, attomeys' fees, property inspectian and valuation fees. <br />In regard to any other fees, the absence of express authority in this Secwrity Instrument ta charge a specific <br />fee to Borrower shall not be construed as a prahibition on the chazging of such fee. Lender may nat chazge <br />fees that aze 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 collecte�i in conmection with the Loan exceed the <br />permitted limits, then: (a) any such loan chazge shall be reduced by the arnount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded pernutted <br />limits will be refunded to Borrower. Lender may choose to make this refund by re�lucing the principal <br />owed under the Note or by making a direct payment ta 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 rnight have arising out <br />of such overcharge. <br />15. Notices. All notices given by Sorrovr+er or Lender in connection with this Security Instrurnent <br />must be in writing. Any notice ta Barrawer in connectian with this Security Instrument shall be deemed to <br />have been given to �orrawer when mailed by flrst class mail or when actually deliv�red to Barrower's <br />notice address if sent by other means. Nutice to any one Borrower shall constitute notice to all Borrowers <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. Borrower shall promptly <br />notify Lender of Borrower's change of address. If Lender speci�ies a procedure for reporting Borrower's <br />change of address, then Borrpwer shall only repart a change of address through that specified pracedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-��N�) (081 t) Paee 10 of 15 Initials: FDrRI �02$ 9/O1 <br />4 , i � ; � , a <br />� <br />� <br />`/ <br />