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2osoos3ss acceleration has occurred, reinstate as provided in Section 19, by causing the action ar proceeding to be dismissed with a ruling that, in Lender's judgmenC, precludes forfeiture of the Property or other material impairment of T.ender's interest in the P�'operty or rights under this Security Instrurnent. The proceeds of any awaz'd or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereb}r assigned and shall be paid to Lender. All Miscellaneous 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 By Lendec Not a Waiver. Extension of the time far payment or modi�cation of axnortization of the sums secured by this Secuxity Instrument granted by Lender to Borrower or any Successor in Interest of Borxower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to cornmence praceedings against atry Successor in Interest of Borrower or to refuse to extend time for payrnent or otherwise modify amortization of the swns secured by this Security Instrurnent by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by I..ender in exercising any right oz remedy including, without lirnitation, I..ender's acceptance of payments frorn third persons, entities or Succ�ssors 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 ar remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's nbligations 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 co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrurnent; (b) is not personally obligated to pay the surns secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Secwr'�ty Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations undar this Security Tnstrument in writing, and is approved by I.ender, shall obtain all of $orrower's rights and beneftts under this Security Instrument. Borrower shall not be released frorn Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instnunent shall bind (except as provided in Section 20) and bene�t the successors and assigns of Lender. 14. Loan Charges. L.ender 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 Instzlunent, including, but not lirnited to, attorneys' fees, property inspectian and valuation fees. In regard to any other fees, ths absence of express authority in this Security Instnunent to charge a specif c fe� to Borrower shall not be construed as a prohibition on the chazging of such fee. L.�nder may not charge fe.es that are expressly prohibited by this Security Instrument or by Applicable Law. If che I..oan is subject to a law which sets maxirnum 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 permitted limits, then: (a) any such loan charge shall be reduced by the arnount necessary to reduce the chazge to the pertnitted liznit; and (b) any sums already collected fmm Borrower which exceeded pemutted limits will be refunded to Borrower. Lender rnay choose to make this refund by reducing the pxincipal owed under the Note or by making a direct payment to Borrovver. If a refund reduces principal, the reduction will be treated as a partial prepaynnent without any prepayment charge (whether or not a prepaymen,t charge is provided for under the Note). Borrower's acceptance of any such refund rnade by direct payrnent to Borrower will canstitute a waiver of any right of action Borrower znight have arising out of such overcharge. 15. Notices. All notices given by Borrower or L,ender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when rnailed by first class mail or when actually delivered to Borrower's notice address if sent by ather means. Notice to any one Borrower shall constitute natice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrawer sha11 promptly notify Lender of Borrower's change of address. If Lender speci�es a procedure for reporting $orrower's change of address, then Borrower shall only report a change of address through that speci�ed procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) 108��) Page t0of i5 Initials: Form 3028 1/07 � p