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201008633 dismissed vc+ith a ruling that, in Lender's judgmant, precludes forfeitur� of the Property ar other material impaument of Lender's interest in the Paroperty or rights under this 5ecurity Instrumexnt. Tha proceeds of any awazd or clairn for damages that are aitributable to the impairment of Lender's interest in the P�roperty are hereby a�ssigned aaad 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. Bnrrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payrnent or modification of arnortization of the sums secured by this 5ecurity Inshrurnent granted by Lender to Borrovver ar any 5uccessor in Interest of Horrower shall not operate ta release the liability of Borrower or any Successors in Interest of Borrawer. Lender shall not be requir�d to camimence procee�ings against any Successor in Interest of Horrower or to refu,se to extexad time for payment or otheavvise modify amortization of ihe sums secured by thia Security Instrument by reason of any demand made by the original Sorrower or any Successors in Interest of Horroweir. Any forbearance by Lender in exercising any right or remedy including, without lirnitation, Lender' s acceptance of payments from third persons, ent�ities or Successors in Interest of Borrower or in amounts less than the amount then due, shall nat be a waiver of or preclude tk�e exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successar� and Asffiigns Bound. Sorrower covenants and agrees tUat Barrower' s obligations and liability shall be joint and several. However, any Borrower wh� ca-signs this Security 7ns�ument but does not execute the Note (a "ca-signer"): (a) is co-signing this Security Instrur�ent only to mortgage, grant and convey the co-signer's interest in the Property under the tenns of this Security Insixuznent; (b) is not perscmally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender a�ad any other Borrower caxi agree to extend, rnodify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer' s consent. Subject to the provisions of Seetion 18, any Successor in Interest of Sorrower who assurnes Borrower' s obligations under this Se�urity Instrument in writing, and is approved by Lender, shall obtain all of Borrower' s rights and benefits under this Security Instrument. Borrower shall not be released from Horrower's obligations and liability under this Security Instrurnent unless Lender agrees to such release in writing. 'Ch.e covenants and agceements of this Se�urity Instrument shall bind (ex.cept as provide�i in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender rnay charge Borrower fees for services performed in connection with Borrower' s default, far the purpose of protecting Ler►der' s interest in the Property and rights under this Security instrument, including, but not lirnited to, attorneys' fees, property inspection and valuation fees. In regard to any aWer fees, the absence of express authority in this Security Instrument ta charge a spacific fee to Sorrower shall not be constcued as a prohibition on the charging of such fe�. Lende�r ranay not charge fees that are expressly prohibited by this Security Instru;ment ar by Applicable Law. If the Loan is sub�ect to a law which sets maximum laan charges, aud that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exc�i the pennitted limits, then: (a) any such loan charge shall be reduc�i by the armount necessary to re$uce the charge to the permitted lirnit; and (b) any sums already collected &orn BorroweT which exceeded perrnitted lirnits will be refunded to Borrower. Lender may choose to rnake this refund by reducing the principal owed under the Note or by rnaldng a direct payrnent to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment ck�arge (whetber or not a prepayrnent charge is pravided for under the Note). Borrower' s acceptance of any such refund made by dire�t paynient to Borrower will constitute a v�aiver of any right of acrion Borrower might have arising out of such overcharge. 15. Not�ces. All notices given by Horrower or Lender in connec�ion with this Security Insknunent znust be in writing. Any notice to Borrower in conncxtion with this Se�urity Instrutnent shall be de�med to have been given to Borrower when mailed by first class mail or when aclvally deliveired to Borrower's notice address if sent by ather means. Notice to any one Borrowcr shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designatad a subsritute notice address by notice to Leuder. Bo�ower shall promptly notify Lender of Borrower' s change of address. If Lender specifies a procedure for reporting Borrower' s change of address, then Borrower shall only report a change of address through that spe,cifie�i parocedure. 2200070924 D v6ANE NEBRASKA - Singla Family -�annle Mae/Freddle Mac UNIFORM INSTRUMEN7 WIT 111��RS �$A(Nq 108101 Pagq 10 of 15 Ini6els: /7� FARri 3028 7I01 c�