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�oioo�� acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of L,ender's interest in the Properiy or rights under this Se�urity Instrutnent. The proceeds of any award or claim for damages that are attributable to the irnpairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellac�eous Proceeds that are not applied ta restoration or repair of the Property shall be appli�i in the order provided for in Section 2. 12. Borrower Not Released; Forbearanc� By Lender Not a Waiver. Extension of the time far payment or rnodification of arnortization of the sums secured by th�is Security Instrument granted by I.ender to Borrawer or any Successor in Interest of Borrawer shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be requir� ta cammence proceedings against any Successor in Interest of Borrower, or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand rnade by the original Borrower or any Successors in Interest of �orrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance af payments frorn third persons, entities or Successors in Interest of Bonower or in amounts less tt�an the amount then due, shall not be a waiver af or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Boand. Borrower covenants and agrees that Bo�rrower'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 ca-signing this 5ecurity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is nat personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or malce any accom�modations witb. regard to the tern�s of this Security Instrurnent or the Note without the co-signer's consent. Subject to the prpvisions pf Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instnzment in writing, and is approved by Lender, shall obtain all of Borrower's rights and bene�its under this Security Instrument. Bonrower shall nat be released fronn Barrower's obligatians and liability under this Security Instrument unless Lender agrees to such release in wariting. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Laan Charges. Lender may chazge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Seeurity Instrurnent, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any ather fees, the absence of express authority in this Security Instruxnent to charge a specific fee to Borrower shall nat be construed as a prohibition on the chazging of such fee. Lender may not chazge fees that are expressly prohibited by this Security Instrument ar by Applicable Law. If the I.oan is subject to a law which sets �naximuan loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the pernutted limits, then: (a) any such loan chazge shall be reduced by the amount necessazy to reduce the charge to the permitted limit; and (b) any stuns already collectai from Borrower which exceeded pernutted lirnits will be refunded to Borrower. Lender rnay choose to make this refund by r�ucing che principal owed under the Nat� ar by rnaking a direct payment to Borrower. If a refund reduces principal, the reduction will be treat� as a partial prepayment without any prepayrnent charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance af any such refund made by direct payrnent 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 Se�urity Instrument must be in wiriting. Any notice to Borrower in connection with this Security Instrurnent shall be deerned to have been given to Borirower when mailed by first class mail or when actually delivered ta Borrower's notice address if sent by other rneans. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designatai a substitute notice address by notice to L.ender. Barmwer shall promptly notify Lender of Borrower's change of address. If Lender speci�ies a procedure for reparting Borrvwer's change of address, then Barrower shall only report a change of address through that specified procedure. NEBRASKA - 5ingle Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) 1oe11) Page 10 of 15 �nit�als: FOrm 302$ 1l01 � /� , ,,. r ` , r . ?'' . ,�A i