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20100773G <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 _iudgznent, precludes forfeiture of the Property or other material <br />impairm�nt of Lender's interest in the Property or rights under this Security Instrunient. The praceeds af <br />any award or claim for damages that are attributable to the ixnpairxnent of Lender's interest in the Property <br />are hereby assigned and sha11 be paid to Lender. <br />All Miscellan�ous Proceeds that are not applied to restoration ar repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Sorrower Not Released; Forbearance Sy Lender 1Vot a Waiver. Extension of the time for <br />payment or modification qf amartization of the sums secured by this Security Instiument granted by Lender <br />ta Barrower or any Successor in Interest of Borrower sha11 nat operate to release the liability af Borrower <br />or any Successors in Interest pf Borrower. Lender shall not be required to cammence proceedings againsi. <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 Instrument by reasan of any demand made by the original <br />Barrpwer or any Successors in Interest of Borrower. Any farbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender' s acceptance of payments from third persons, entities pr <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise o£ any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants <br />and agrees that Bor►'ower'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 Instriuxient only to mortgage, grant and convey the co-signer's interest in the Property under the <br />ter�ns af thi5 Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, rnodify, forbear pr <br />make any accommodations with regard to the terms vf this 5ecurity Instrument or the Note withput the <br />co-signer's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Barrower's rights and benefits under this Security Instrument. Barrower shall not be released from <br />Borrower's obligations and liability under this 5ecurity Instrument unless I,ender agrees to such release in <br />writing. The covenants and agreements of this 5ecurity Instrument shall bind (except as provided in <br />Section 20) and bene�t the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose af protecting Lendar's interest in the Property and rights under this <br />Security Instrument, including, but not lirnited to, attorneys' fees, property inspection and valuation faes. <br />Tn regard to any other fees, the absence of express authority in this Security Instrument ta charge a specific <br />fee to Borrower shall not be construed as a prohibition on the chargir►g of such fee. Lender may not charge <br />fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Laan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan chat'ges collected or to be collecCed in connection with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the pez'mitted limit; and (b) any sums already collected from Sorrower which exceeded permitCed <br />limits will be refunded to Bprrpwer. Lender may choose to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Sorrower. If a refund reduces principal, the <br />reduction wi11 be treated as a partial prepayment without any prepayrnent charge (whether or not a <br />prepayrnent charge is provided for under the Note). Borrower' s acceptance of any such refund made by <br />direct payment to Borrower will cor►stitute a waiver pf any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Barrawer or Lender in connection with this Security Instrument <br />must be in wtiting. Any notice to Borrower in connection with this Security Instrument 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 means. Notice to any one Borrower shall constitute notice to all Bc�rrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property Adda <br />unless Borrower has designated a substitute notice address by natice co Lender. Borrower shall promptly <br />notify Lender of Borrower' s change of address. If Lender speci�es a procedurc for reporting Horrower' s <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />230927 <br />NEBRASKA - 5ingle Family - Fannie M ae/Freddie M ac UNIF'ORM INSTRUM ENT <br />�-B�NE) (os�t) Page 10 of 15 Initials: � Form 3028 1/01 <br />� <br />