201008261 - Laserfiche WebLink

Browse

2oious2si ]2. Borrower Not Released; Forbearance Sy Lender Not a Waiver. Extension of the time for payment or modit'ication of amortization of the sums secured by this Security Instniment granted by Lender to Borrower or any Successor in Interest of Borrow�r shall not opera.te to rclease the liability of Bocrawer or arry Successors in Interest af Borrower. Lender sl�all not be requircd to coammcncc proccedings against any Successor in Interest of Borrower or to refusc to extend time for payment or otherwise modify amortization of the sums secured by this Security Instnunent by reason of any demand made by the original Borrower or any Successors in Intexest of Borrower. Any forbearanca by I.ender in exercising any n6ht or remedy including, without liinitation, Lender's acceptance of payments fro��n third persans, entities or Successors in Interest pf Borrower or in amounts less than the amount then due, sYiall not be a waivet of or preclude the exercise of �ny right or remedy. ]3. Joint and Several Liability; Co-signers; Successnr� and A�signs Bound. Borrower covenants and agrees that Borrowcr's obligaUons and liability sha11 be joint and scveral, However, any Borrower who co-signs this Securiry Instrwnent but does not execute the Note (a "co-signer"): (u) is co-signing this Security Instniment only to mortgage, gant and conve3� the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the swns secured by lhis Secti�rity Instrument; and (c) agrees lhat Lei�der and any other Bonower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrumcnt or the Note without the co-signer's consent. Subject to the provisions of Section i 8, any 5uccessor in Interest oF Borrower whp assumes Bonower's obligations under this Security Instrument in writing, and is approved by Lender, sl�all obtain all of Borrower's rights and benefits under this Security Instnzment. Borrower shall not be released from BorrowEr's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and a�reements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14, I.oan Charges. Lender may charge 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 Security Instrument, including, but not limited to, attom�ys' fees, properry 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 Borrower shall not be construcd as a prohibition on the charging of such fec. Lender may not charge fees that are expressly prohibited by this Security Instrwnent 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 ather loan cl�arges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a.) any snch loan chargc shall bc reduced by the amount necessary io reducc the charge to the pernutted limit; and (b) any sums alrcady collected from Barrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to ►nake this refund by reducing the principal owed under the Note or iry making a direct payment to Borrower. If a refund reduces principal, the reduction will be trea.ted �s a. partial prepayment without any prepayment charge (whether or not a. prepa.yment charge is provided for under thc Notc). Borrower's acceptance of any such refund made by direct payment to Borrowcr will constitutc a waiver of any right of action Borrower might have arising out of such overcharge. ]5. Notices. All notices given by Borrpwer or Lender in connection with tlais Security lnstrument must be in writing. Any noticc to Borrow�er in conncction ��vith this Security Instrumcnt shall bc dcemcd to havc bccn given to Borrower whcn mailcd by first class mail or when actually delivered to Borrower's notice address if sent by other means, 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 F�orrower has designated a substitute notice a.ddress by notice to Lender. Bonrower shall promptly notify Lender oF Borrower's change of address. If Lcnder specifies a proccdure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated norice address under this Security Instrument at any one Urne. Any notice to Lender shall be given by delivenng it or by mailing it by first class mail to Lender's address staled herein unless Lei�der has designaled anotl�er address by notice to [3orrower. Any notice in connection wilh ihis Security Instrument sha11 not be deemed to l�ave been given to Lender until actually received by Lender. If any notice required by this Security instrument is also required under Applicable Law, the Applicable Lawrequirement will satisfy the corresponding requirement under this 5ecurity InstrumenC. � �� NEBRASKA - Sinqle Famfly - Fannie MaelFreddie Mac UNIFORM INS7RUMENT ��.��N�) �os�i� Pege9d14 inisieis: 5�-� Form 3028 1/01 DDS-NE9 I IIIIII IIIII IIIII Inll IIIIIN IIII NII IIIII IIIII II�I �I� IIIII IIIII illl II� OOOONE8637766