201007694 - Laserfiche WebLink

Browse

2oioo�s94 disrnissed with a ruling that, in Lender's jndgment, precludes forfeitnre of the Property or other material impairment of Lender's interest in the Property or rights under this SeCUrity Instrument. T"he proceeds of any award or claim for damages that are attrihntable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Prnceeds that are not applied to restnration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension af the time for payment or n►odificadon of amortization of the sums secured by this Security Tnstrument granted by Lender to Barrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any 5uccessors in Interest of Borrower. Lender shall not he required to commence proceedings against any Successar in Interest of Borrower or to refuse ko extend time for payment or otherwise modify amortization of the sams secured by this Security Instrument by reasan of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forhearance by Lender in exercising any right or remedy inclnding, without limitatian, J.,ender's acceptance of payments frorn third persons, entities or 5uccessors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise af any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to rnortgage, grant and convey the co-signer's interest in the Property under the terms of this Secnrity Instrument; (b) is not personally obligated to pay the sarns secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, naodify, forbear or make any accommodations with regard to the terms of this Security Instrument oc the Nate without the co-si ner's consent. �ubject to the provisions of Section 18, any 5uccessor in Interest of Borrower who assumes Borrower's ahligations under this Security Instrurnent in writing, and is approved by Lender, shall obtain all of Sorrower's rights and benefits ander this 5ecurity Instrument. Borrower shall not be released from Borrower's obligations and liability under this 5ecurity Instrument anless Lender a rees to such release in writing. The covenants and agreernents of this Security Instrument shall bind �except as provided in 5ection 20) and 6ene�t the successors and assigns of Lender. 14. Laan Charges. Lender may charge Borrower fees for services perforrned in connection with Borrower's default, for the purpose of prvtecting Lender's interest in the Property and rights under this Secprity Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence nf express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition nn the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument nr by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is �nally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any sach loan charge shall be rednced by the amaunt necessary to reduce the charge to the permitted lirnit; and (b) any sums already callected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under khe Note or by making a direct payment to Borrower. If a refund rednces principal, the rednction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out o£ such overcharge. 15. Notices. All notices given by Borrnwer or Lender in connection with this 5ecurity Instrument miust be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed ta have been given to Borrower when mailed by first class mail or when actually delivered to Sorrower's natice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly reqaires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall prornpdy notify Lender of Borrawer's change of address. If Lender specifies a procedure for reporting Bnrrawer's change of address, then Bnrrower shall only report a change af address through that specified procedare. Op1122166041 CitiMortgage 3.2.41.05 V3 NEBFtASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMBJT WIT,kJ �IERS � �-6A(N� (oelo) Page l0 of i5 Inicials�� _ prm 3028 1/07