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zoiooso43 acceleration has occurred, reinscate 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 Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or clairn for damages that are attributable to the impairment of T_,ender's interest in the Praperty are hereby assigned and sh�ll be paid to Lender. All Miscellaneaus Praceeds that are not applied to restoration or repair of the T'roperty shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modi�caCion of a�mortization af the sums secured by this Security Instrument granCed by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shatl nat be reyuired to cornrnence proceedings against any Successor in Interest of Borrower or to refuse to extend time far payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrow�r or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, witl�out liux�itaCion, I.ender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower 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 execute the Note (a "co-signer"): (a) is cowsigning this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrurnent; and (c) agrees that L,�nder and any other Borrower can agree to extend, modify, farbear or rnake any accornrnodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrawer who assumes Borcower's obligations uuder this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and bene�ts under this Security Inscrument. Borrawer shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to snch releas� in writing. 77ae covenants and agreements of this Security Instrurnent shall bind (except as provided in Section 20) aud benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Barrawer's default, for the purpose of pratecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited ta, attorneys' 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 Barrower 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 Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is fmally interpreted so that the interest pr aWer loan charges collected or to be collected in connection with the I.,oan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted lirnit; and (b) any sums already collected from Borrower which exceeded permitted lirnits will be refunded ta Borrower. Lender may choose to rnake this refund by reducing the principal owed under the Note or by �naki.ng a direcC payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment withouc any prepayment chazge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund mads by direct payxnent to Bonower wi11 constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or I.,ender in connection with this Security Instrurnent must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed 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 one Borrower shall canstitute natice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address sha11 be the Praperty Address unless Borrower has designated a substitute natice address by notice to Lender. Borrower shall promptly noCify Lender of Borrower's change of address. If L.ender speci�es a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-B�NE) lpsi i1 Paga 10 af 15 iniciais�� /� Form $028 1/01 � �?� � 9 ►�i��l.;��