Laserfiche WebLink
201007800 <br />disrnisaed with a ruling that, in Lender's judgnaent, precludea 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 ar claim for danaages that are attributable to the impairment of Lender' s interest in the Property <br />ara hereby as,signed 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 tlae arder pr�vided far in Sectiun 2. <br />1�. Borrower Not Released; Forbearance By Lender Not a Waiver. Extensi�n of the time for <br />payment ar rnodification of anaortization of the sums securad by this 5ecurity Instrument graated by Lender <br />to Borrower or any �xccessor in Interest of Sorrawer shall not operat� to release the liability of Horrawer <br />or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against <br />any Successor in Interest af Borrower or to refuse ta extend time for payrnent or otherwise modify <br />arnoxtization of the swns secured by this Security Instrument by reason of any demand made by the crriginal <br />Borirower ox any 5uccessors in Tnterest of Borrower. Any forbearance by Lender in exercising any right or <br />reme�y including, without limitation, Lender' s acceptance of payments from third persons, entities or <br />Successors in Intereat of Sorrower or in amounts less thaw th� amount then due, shall nat be a waiver of or <br />preclude the e�cercise of any right or remedy. <br />13. doint and Se�veral Liability; Co-signers; 5uccessors and Assigns Bound. Borrower covenants <br />and agrees that Borrower' s obligations and liability sha11 be joint and several. However, any Borrower who <br />co-signs this Security Instrument but does not execute the Note (a "ca-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, g�rant and convey the co-signer' s inte;rest in the Prope�ty under the <br />terms of this 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, modify, forbear or <br />rnake any accommodations with regard to the terms of this 5ecurity Inshrument ox the Note without the <br />ca-signer' s consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower' s obligations under thi s SeCUrity Instrument in writing, and is approve�i by Lender, shall obtain <br />all of Borrower's rigkats and bencfits under thia Security Instrurnent. Barrower shall not be released frorn <br />Borruwer's obligations and liability under this S�urity In.strument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />5ection 20) and benefit the successors aud assigns of Lender. <br />14. Loan Charges. Lender rnay chazge Horrower fces for services perfornae�cl in cannection vuith <br />Borrower' s default, for the purpose of protecting Lender' s interest in the Properr�y and rights under this <br />Security Instrument, including, but nat limited to, attorneys' fees, property inspection and valuation fees. <br />Tn regard to any other fees, the absence of express authority in this Security Inshurnent to charge a specific <br />fee to Boxrower ahall not be consiruad as a prohibition on the charging of such fee. Lender rnay not charge <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 laan 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 />permitted limits, then: (a) amy such loan charge ahall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected &om Borcower which excceded permitted <br />liznits will be refunded to Barrower. Lender may choose to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Borrower. �f a refund reduces principal, the <br />reduction will be treated as a partial prepayment withaut any prepayment charge (wbetlaer or not a <br />prepayment charge is provided for under thc Note). Sorrower' s acceptance of any such refund made by <br />direct payment ta Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Horrower or Lender in connection with t}us Security Instrument <br />must be in writing. Any notice to Sorrawer in connection with this Security Instrument shall be deemed to <br />have been given to Horrower 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 notace to all Sarrowers <br />unless Applicable Law expressly requires othexwise. The notice address shall be the Property Address <br />unless Borrowcr has designated a substitute notics address by natice to Lender. Sorrower sha11 promptly <br />notify T�ender of Borrower' s change of address. If Lender specifiea a procedure for reporting Borrower' s <br />change of address, then Borrower shall only re�wrt a change of ad�dress thraugh that spe�ified procedure. <br />2200Q76996 D VfiANE <br />N�'BRA3KA - Single Family - Fannle Mae/Freddle Mac UNIFORM IN5TRUMFN7 WCfH M <br />(�-BA�NE)108701 Psgs 10 af 16 ���y (/ Fortn 302$ 7/01 <br />� <br />