201007824 - Laserfiche WebLink

Browse

�oioo�s�� acceleration has occurred, areinstate as provided in S�ction 19, by causing the action or procceding to be dismissed with a iuling that, in I.ender's judgment, pareciudes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The procceds pf any ar�+ard or claim for damages that are attributable to the impaurment of L.ender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Praperty shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of th� time for payment ar modification of amortization of the surns secured by this Security Instrument granted by �..ender to Borrawer or any Successar in Interest of Borrower shall not operate to release the liability of Borrower or any Successors m Interest of Borrower. Lender shall not be required to cor�unence proce�dings against any Successor in Interest af Sorrawer or to refuse to extend time for payment or otherwise modify amortization of the swns secured by this Security Instnunent by reason of any dernand rnade by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lendcr in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entitiea or Successors in Interest of Borrower or in arnounts less than the amount then due, shall not be a waiver of ar preclude the exercise of any right or remedy. 13. Joint and Several Liability; Ca-signers; Successors and Assigns Baund. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and sev�ral. However, any Borrovver �vho co-signs this Security In�strument but does not execute the Note (a "ca-signer"): (a) is ca-signing this Security Instrurnent only to rnortgage, grant and convey the co-signer's interest in the Pmperty under the terms of this Security Instrurnent; (b) is not personally obligated to pay tl�e suzns secured by this Security Instrurnent; and (c) agrees that Lender and any other Borrower can agree to extend, znodify, forbear or make any accommodations with regard to the terms of this Security Instrurnent or the Note without the co-signer's consent. Subject ta the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Securiry Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instnunent. Borrower shall nat be released fram Borrower's obligations and liability under this 5ecurity Instrument unless Lender agrees to such release in writing. The covenants and agreeinents of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's defauit, for ihe purpose of prptecting I.ender's interest in the Property and rights under this Security Instrument, including, but not lixnited to, attorneys' fees, property inspectian and valuation fees. In regard to any other fees, the absence of express authority in this Security Instruxnent to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fe�es that are expressly prohibited by this Security Instniment or 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 pernutt� limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the pernutted limit; and (b) any sums already collected from Bonower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principa.l owed under the Note or by making a direct payment to Borrower. If a refwnd reduces principal, the reduction will be treated as a partial prepayrnent without any prepayrnent chazge (whether or not a prepayment charge is provided for under the Nate). 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 of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instnunent rnust be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given ta Banower when rnailed by first class mail pr when actually delivered to Sorrower's notice address if sent by ather means. Notice to any one Borrower shall constiiute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change af address. If Lender speci�es a procedure for reporting Bpnower's change of address, then Borrower shall only report a change of address through that speci�e�i procedure. NEBRASKA - Single Family - Fannie Mae/Freddia M�c UNIFORM INS7FiU1VIEN7' �/�� C � V � �-61NE) 1oet11 Psge io of t5 inniais: �l �„� Form 3028 1/01 � ��_` '; 1i .j d; :i, � � . , � . , ,;