201008516 - Laserfiche WebLink

Browse

20100851� acceleration has occurred, reinstate as provided in Section 19, by causing the actian or proceeding to be dismissed with a ruling that, in I.cndcr's judgment, pr�cludes forfeiture of the Property or other material impairnient of Lender's interest in lhe Prop�rty ar rights under this Security Tnstrument. The proceeds of any award or claim for damages that are attributable to the impairment of I�ender's interest in th� Property are hereby assigned and shall be paid to L.ender. All Misc�llaneous Proceeds that are not applied to restoration or repair c�l' th� Prpp�rty shall be applied in th� order provided for in Section 2. 1�. Borrower Not Released; Forbearance By Lender Not a Waiver. �xtension af the tirne foe payment or modification of am��rtizatian af thc sums secured by this Security Tnstrument granted by L.ender to Borrower or any Succ�ssor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest af Barrawer or to r�fus� to �xt�nd tim� f�r payment or 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 remedy including, without limitation, Lender's acceptance of payments ft'om third persans, entities or Successors in Interest of Sorrower or in amounfs less than the amount then dus, shall not be a waiver of or preclude the exercise af any right ar remedy. 13. Joint and Several Liability; Co-signers; Successors and A.SSigns Baund. Barrawer cav�nanls and agrees that Borrc�wer's abligatians and liability shall be jaint 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 5ecurity Instrument only to mortgage, grant and convey the co-signer's inler�st in th� PrUpCrty under [he terms of this Security Tnstrument; (b) is not personally obligated tc� pay th� sums s�GUrcd by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or makc any accornmodations with regard to the terms of this Security Instrument or the Note without the cG-signer's cansent. Subject to the �7TpV1S1QI1S af S�ctian 18, any Succ�ssqr in Interest of Borrower who assurnes Barrawer's obligations under this Security Tnstrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Tnstrument. Borrvwcr shall nal bc released fr�m Borrowcr's obligatians and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 2U) and benefit the successors and assigns of Lender. 14. Los�n Charges. Lender may charge Borrower fees for services performed in connection with Barrawer's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited ta, attomeys' Fees, property inspec[ic�n and valu�lion fccs. In regard to any other fe�:s, th� ahs�nce aF �xpr�ss autharity in this S�curity Instrument ta charge a spccifi� fee to Borrower shall not be construed as a prohibition on the charging of such fee. I,ender may not charge fees that are expressly prohibited by this Security Tnstrument 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 ar ather loan charges collected or to be collected in connection with the Loan exceed the p�nmitted lirnits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to ths perrnitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct paymcnt to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund mad� by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such �vcrcharge. 15. Notices. All no[iccs given by Borrower or Lender in connection with this Security Instrument must be in writing. Any noticc 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 senf by vthsr means. Nc�ticc la any c�ne Borrower shall con.5titute notice 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 L.ender. Borrower shall promptly notiFy I,ender af Bc�rrower's change of address. If L.eander spccifics a proc�durc r�r repnrting Borrower's change of address, then Borrower shall anly repart a change af addr�ss lhraug tha p�cifi�d procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) �oe��i pe ipof i� Initials: Fo1'►TI 3028 1/01