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201007825
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Last modified
10/22/2010 4:03:08 PM
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10/22/2010 4:03:07 PM
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DEEDS
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201007825
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2o�oo�s�� <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 judgment, precludes forfeiture of the Praperty or other material <br />impairment of Lender's interest in the Property or rights under this Security Instrument. The procceds of <br />any award or claim for damages that are attributable to the impairment of Lexider's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Praceeds that are not applied to restoration or repair of the Praperty shall be <br />applie�i in the order provided fpr in Section 2. <br />12. Borrowear Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or rnodification of amortization of the swns secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shatl not operate ta release the liability of Borrower <br />or any Successors in Interest of Bonrower. Lender shall nat be required to coirnnence proceedings agai�ast <br />any Successor in Interest of Borrower or to refuse ta extend tirne for payment or otherwise �nodify <br />amortization of the sums secured by this Security Instrument by reason of any dernand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments from third persons, entities or <br />Successors in Interest pf Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Casigners; Successors and Assigns Bound. Borrower covenants <br />and agrees that Borrawer's obligations and liability shall be joint and several. However, any Barrower who <br />co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property 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 ta extend, rnodify, forbear or <br />make any accornrnodations with regazd to the terms of this Security Instrument or the Note without the <br />co-signer's cansent. <br />Subject to the provisions of Section 18, any Successar in Interest of Borrower who assumes <br />Borrawer's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower'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 (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Laan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instrument, including, but not limited ta, attameys' fees, property inspection and valuation fees. <br />In regard to any other fees, the absence of express authority in this Security Instrurnent to chazge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may 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 loan charges, and that law is finally interpreted so <br />that the interest or other loan chaxges collected or to be collected in connection with the Loan exceed the <br />permitted lirnits, then: (a) any such loan charge shall be reduced by the arnpunt necessary to reduce the <br />charge to the permitted lirnit; and (b) any surns already collecte�i fronn Borrower which exceeded pemiitted <br />limits will be refunded to Borrower. Lender may choose to make this refund by re�ucing the principal <br />owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayrnent charge (whether or not a <br />prepayment charge is provided for under the Note). Borrower's acceptance of any such refund rnade by <br />direct payment to Borrower will constitute a waiver of any right of action Borrower might have azising out <br />of such avercharge. <br />1S. Notices. All notices given by Borrower or Lender in connection with this Security Instniment <br />must be in writing. Any notice ta Banower in conne�tion with this Security Instnunent 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 rneans. Notice to any one Borrower shall constitute notice to atl Borrowers <br />unless Applicable Law expressly requires otherwise. The natice address shall be the Property Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall pramptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting $orrower's <br />change of address, then Borrower shall only report a change of address through that speci�ed procedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) loat t1 Paae �o of �5 iniciais: � ��' � Form 302$ 7l01 <br />` ; � F i <br />
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