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2010p7491 <br />acceleration has occurred, reinstatc as provided in Scction 19, by causing the action or proceeding to lie <br />dismissed with a ruling that, in Lendcr's judgrnent, precludes forfeilure of the Property or other material <br />impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds nf <br />any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and ahall be paid to Lender. <br />All Miecellancous �'roceeds that are not applicd ta restoration ar repair af the Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrowcr Not Releaeed; FurbearAnce By Lender Not a Waiver. Extension ❑f the time for <br />payment ar modificatinn of amortiTation of the surns secured by this Security Ittsttument grantcd by Lender <br />to Borrower or any Successor in Intorest of Bottower shall not operate to release tlre ligbility of Sot�rpw�r <br />or any Successors tn Intetest of Harrowet. Lender shall not be requixed tn comrnenceproceedings against <br />any Successor irn Interest nf Barrower or to refuse to extead time far payment or otherwise modify <br />ainortization of the sums sccured by this Security Instrument by reason of any d�mand mada by the original <br />Burrower or any 5uccessars in Interest of Borrower. Any forbeaiance by Lender in exercising any right or <br />remedy including, without limitation, Lendcr's acceptance nf payments &om third peisons, entities or <br />Successors in Interost of Borrowet ot in amaunts less than the amount then due, shall not be a waiver af or <br />preclude the exercise of any right or remedy_ <br />13. dnint and Several Liability; Co-signers; Suceeaeora and A�gigns Bound. Borrower covenants <br />and agrces that Bonower's obligatians and liability shall be joint and several. However, any Bonower who <br />co-signs this Security Instrument but does not exccutc the Note (a "co-signer"): (a) is co-eigning this <br />Security Insfrurnent only to mortgage, grant aud convey the co-si�ner's intetest in thc Property under the <br />terms of this Secutity Instrument; (b) is not personally obligatcd to pay the surr�s secured by this Security <br />Instrument; and (c) agtees that Lcmder and any other Borrower can agtec to extend, modify, forbear �r <br />make any accommodations with regard to the terms of this Security Instniment or tho Noke without thc <br />co-signer's consent. <br />Subject to ths provisians. of Section 18, any Successor in Interest of Borrowar whn assurnes <br />Borrower's obligations undcr this Security Instruinent in writing, and is approved by Lender, shall obtain <br />all of Borrowcr'a rights and bencfits under this Security Instrument. Borrower shall not be released frorn <br />Bnarrower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (exc�pt as provided in <br />Sectian 20) �nd benefit the successors and assigns of Lender. <br />14. Laan Charges. Lender may charge Borrowcr fees far services performed in cannection with <br />Borrower's default, fot the purposs of protecting �.cnder's inte�rest in the Property and rights under this <br />Security Inshurnent, including, but not limitecl to, attorneys' fees, property inspection and valvation fces. <br />In regarcl to any other fees, the abscncc of express authority in this ScctXtity Instrument ta charge a speci�c <br />fee to Borrower ahall not be construcci as a prahibition on the charging of such fee_ Lender may not charge <br />fees that are expressly �rohibited by this Secw�ity In�trument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, aud that law is finally intetpreted so <br />that the intetest or other loaa charges collectod or to be collected in connection with the Laan cxcecd the <br />permitted limits, then; (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already callected frc�m Borrower which exceeded permitted <br />limits will be refundcd to Bnrrower. Lender may clwose to make this rcfund by reducing the principal <br />owe,d under the Note or by making a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be tre;atcd a� a partial prepaycnent 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 paymcnt to Borrower will cnnstitute a waivet of any right of action Borrower might have arising out <br />of such ovcrcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Se�u.rity Instrum,ent <br />must be in writing. Any natice to Borrower in connectian with this Security Instrument shall be deemed to <br />have been given ta Borrower when mailed by �rst class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Noticc ta any ane Borrower shall constitute norice to all Borrawers <br />unlesa Applica6le Law expressly requites otheruvise. The notice address shall be the Property Address <br />unless Borrower has desigaated a substitutc notice addres� by notice to Lcnder. Borrower shall promptly <br />notify Lendsr of Borrower's change of address. If Lender specifies a procedure far reporting Borrower'e <br />change of address, then Barrower shall only report a change of address througli that epecified procedure. <br />NEBRASKA- Singls Family - Fannir MarlFroddle IMac UNIFORY INSTRUMENT <br />��(ME) (ns��) P�ps10p/16 i�+uei■: Form 3028 1ro1 <br />