201008664 - Laserfiche WebLink

Browse

� ' \�� dismissecl with a ruling that, in Lender'� judgmenl, prei;ludeti forfeilure of the Property or other matc-rial impairment of Lender's interest in the Property or rights under this Security Instrument. The procceds of any award or claim for dama�es that are aitributable to the impairment of Lender's interest in thc Propcyrly ate heteby assigned and shall be paid to Lender. All Miscellanevus Proceeds that are not applied to restarution or repair of the Property shall be applied in the ordcr providcd for in Section 2. 12. Borrower Not Released; Forbearance Sy Lender Not a Waiver. Extcnsion of thc timc for payment or modification of amortization of the sums secured by this Security Instrument granted by Lcnder to Borrower or any S�ccessar in Intetest of Borrower shall not operate to release the liability of Bottower or any Successors in Interesl of Borrower. Lender tihall nc�l he reyuired to commence procecxlingti again�t any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of thc sums sccurcd by this Sex:urity Inatrumcnt by rcason of any dcmand madc by thc original Borrower or any Successors in Inierest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitatiou, Lender's acceptance of payments from third persons, entities or Successors in Interest of Bortower or in amounts less than the amount then due, �hall not be a waiver of or prcclude th�: exercisc of uny right or remcdy. 13. Joint and Several L'rability; Co-signers; Successors and Assigns Bound. Borrowcr covcnants and agrees that Borrower's obligations and liability shall be joint and several. However, any Fiarrower who co-signs this Secutity Instrument but does not execute the Note (a "co-signer"): (a) is co-si�ning this �e�:urity Instrument only lo morlgage, grant and convey lhe co-si�ner's intere:�l in lhe Properly under the terms of this Security Instrument; (b) is not personally obligated to pay the surns secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agrec to cxtend, modify, forbear or make any acec�mmodatinns with regazd to the terms pf this Security Instrument or the Note withoul the co-tii�mer'ti con;;enk. Subject to the provisions of Sectic�n 18, any Successor in Interest of Borrawer who assumes Bartowet's obligations under this Security Instnunent in writing, and is approved by Lender, shs�ll abtai❑ all of &�rrower'ti rights and henefits under thiK Sei:uriiy In�lrumenl. I3orrower nhall not be releasc� from Bortower's obligations and liability undet this Security Instruruent unless Lender agrees to such release in writing. The covenants and agteements of this 5ecurity Instrurx►ent shall bind (cxcept as providcd in Section 20) and bene�t the successors and assigns of Lcndet. 14. Loan Char�es. Lendc�t may charge Borrower fees for aervices performed in connection with Borrower's default, for the purpose of proiecting Lender's interest in the Froperty and righls undet this See;urity Intilrument, including, hut not limilecl ln, attorneys' fees, property inspec:li��n dnd valuation feeti. In regard to any other fees, the absence of express authority in this Security Instrument to charge a spe<;ific fee to Borrowet shall not be construed as a prohibition on the charging of such fee. Lender rnay not charge fees that are expressly prohibited by this Securiiy Instrurnent or by Applicable Law. If the Loan is subject to a law which sets maximurn loan charges, and that law is finally interpreted so that the interest or other loan chatges collected or to be cnllected in connection with the Loan exce�:d the permitted limits, then: (a) any such ludn charge shall be reduced by the amount necessary tn reduce the charge lo the permitted limit; and (b) any spms already collected from Borrower which exceedcxl petmitted limits will be refunded to Borrower. Lcnder may choose to make this refund by rcducing the principal owed under thc Notc or by making a direct payment ta Iiorrowet. If a refund reduces principal, the reduction wil) he tr�tecl ati a partial prepaymenl wilhoul any �repayment charge (wheih�� or nol a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refuncl made by direct paymcnt to Borrowcr will constitute a waivcr of any right of action Bartowet rnight have arising out of such ovetchazge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrurnent must be in writing. Any notice t� Borrower in connection with this Security Instrument shall he deernecl to have been given to Borrower when rnailecl by fir5t class mail or when actuully deliverecl lo Bcrrrower's notice address if sent by other rneans. Notice to any one Borrower shall constitute notice to all Bcarrowets unless Applicable Law cxpressly requites otherwisc. Thc notice address shall be thc Property Address unless Borrowcr has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower' S change of addre5s, then Borrower Hhall only report a change of addretiti lhrou�h lhal specifiecl procedure. 3461498 3461Q98 NEBR4SKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT YYI M S ��1(NE)�oaio� P�e10of15 i�it�ais�� Form3028 1/01 enaoos 3aeiavs