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20100"18'74 acceleracion has occurred, reinstate as provided in Section 19, by causing Che action or proceeding to be dismissed with a ruling tliat, in L.ender's judgment, precludes forfeiture of the Property or other material impairment of I.�nder's interest in the Property or rights under this Security Instrument. The proceeds of any awazd or clairn for damages that are attributable to the impairment of Lcnder's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellanepus Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance Sy Lender Not a Waiver. Extension of the time for payrnent or modification of amortization of the sunr�.s secnred by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not opexate to release the liability of Borrower or any Successors m Interest of Borrower. Lender sha11 not be required to commence proceedings against any Successor in Tnterest of Borrower or to refuse to extend time for payment ar otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower, Any forbearance by Lender in exercising any right or rernedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the aanount Chen due, shall not be a waiver of or preclude the exercise of any right ar remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Baund. Borrower covenants and agrees that Borrower's obligatians and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not executs the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Se�curity Instrurnent; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that I.ender and any other Borrower can agree to extend, madify, farbear or make any accommodations with regard ta the terms of this Security Instrument or the NoCe without the co-signer's consent. Subject to the provisions of Sectipn 1$, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrawer's rights and benefits under this Security Instrument. Borrower shaJ.l not be released from Bonower's obligations and liabilicy under this Security Tnstrument unless Lender agrees to such xelease in writing. The covenants and agreernents of this Security Instrument sha11 bind (except as provided in 5ection 2p) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower fees for services performed in connection with Borrower's default, for the purpase of protecting Lender's interest in the Property and rights under this Security Instrument, inclnding, but not lirnited to, attarneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrawer shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrurnent or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in cannection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge co the permitted limit; and (b) any sums already collected frorn Borrower which exceeded permitted limits will be refunded to Borrower. Lender xzaay choose to rnake this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction W�rr �e treated as a partial prepayment without any prepayment charge (whether ar not a prepayrnent charge is provided for under the Note). Borrower's acceptance of any such refuand nr►ade by direct payrnent to Borrower will constitute a waiver of any right of actian Borrower might have arising out af such overcharge. 15. Not3ces. All notices given by Borrower or I,ender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deerned to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any ane Borrower shall constitute notice to all Bonowers uanless Applicable I,aw expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower sha11 pramptly notify Lender of Borrower's change of address. If Lender specifies a procedure far reporting Borrower's change of address, then Banower shall only report a change of address th.rough that specified procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mec UNIFpRM INSTRUM�NT �-6�NE) 1oe111 Page 10 of 15 Initials: � Form 302$ 9/09 ! , v , .......) . , �, R � . • � R • ... d`� . •