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2oioosio3 <br />acceleration has occurred, reinstate as provided in 5ection 19, by causing the action or proceeding to be <br />dismissed with a ruling that, in Lender' s judgment, precludes forfeiture af the Property or other material <br />impairment of Lender' s inter�st in the Property or rights under this Security Instrument. The proceeds of <br />any award or clairn for dama�es that are attributable to the impairment of Lender' s interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are npt applied to restoration or repair of tl�e Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tirne for <br />payment or modification of amortization of the sums secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not aperate to release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to cornrnence proceedinga against <br />any Successor in Interest of Borrower or Co refuse to extend time for payment or otherwise modify <br />amortization of th� sums secured by this Security Instrument by reason of any demand xnade by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by �,ender in exercising any right or <br />rernedy including, without lixnitation, Lender' s acceptance of payments frozn third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise af any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. T3orrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this 5ecurity Instrument but does not execute the Nate (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mort�age, 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 to extend, modify, forbear or <br />make any accornrnodations with regard to the terms of this Security Instrument or the Note without the <br />co-signer' s consent. <br />Subject to the provisions of 5ection 18, any Successar in InCerest of Sorrower who assumes <br />Borrower' a obligations under this Security Instrument in writing, and is approved by Lender, shall obcain <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 af this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successars and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services perfornaed 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 to, attorneys' fees, property inspection and valuation fees. <br />In regard to any other fees, the absence of express authority in this Security Instrument to charge a speci�c <br />fee to Borrvwer shall not be construed as a prohibition on the charging of such fee. Lender xnay not charge <br />fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject ta a law which sets maximurx► ]aan charges, and that 1aw is finally interpreted so <br />that the interest or other 1oan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such laan charge shall be reduced by the amount necessary to reduce the <br />charge ta the permitted limit; and (b) any surns already collected from Borrower which exceedad permitted <br />limits will be refunded to Borrower. Lender nnay choase to make this refund by reducing the principal <br />owed under the Note ar by making a direct payment tp Borrower. If a refund reduces principal, the <br />reduction will b� treated as a partial prcpayment without any pre�aayment charge (wl�ether or not a <br />prepayment char�e is provided for under the Note). Borrower' s acceptance of any suck► refund made by <br />direct payment to Borrawer will constiiute a waiver af any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Borrower in connection with this Security Instrument sha11 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 means. Notice to any one Borrower shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shal] be the Property Address <br />unless Borrower has designated a substitute notice address by noticc to Lender. Borrower sha11 promptly <br />notify I..ender of Borrower' s change of address. If Lender specifies a procedure for reporting Borrower' s <br />change of address, then Borrower shall only report a change of address thraugh that specified procedure. <br />230948 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 � <br />�-6�NE) (o81t) Page 10 of 15 �nitia�s: Form 3028 1101 <br />� <br />