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201008716 acceleration has occurred, reinstate as provided in Section 19, by causing the action ar proceeding to be disrnissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or clairn for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneaus 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 Lender Not a Waiver. Extension of the tirne for payment or modi�cation of amortization of the sums secured by this Security Instrurnent granted by Lender to Borrower or any Successor in Interest of Borrower shall noC operate to release the liability of Borrower ar any Successors in Interest of Borrower. Lender sha11 not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise rnodify amortization of the sums 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 Lender in exercising any right or remedy including, without limitation, L,ender's acceptance of payments from third persons, entities or Successors 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 or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Boand. Bonower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this 5ecurity Instrurnent but does not execute the Noce (a "co-signer"): (a) is co-signing this Security Instrument only Co mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instruxnent; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accomimodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest af Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights aud benefits under this Security Instrurnent. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The cavenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successars and assigns of Lender. 14. Loan Charges. Lender rnay charge Borrower fees for services performed in connection with Barrower's default, for the purpose of protecting I.ender's interest in the Property and rights under this Security Instrument, including, but not licnited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express autharity in this Security Instrument to charge a specific fee ta Borrower shall not be construed as a prohibition on the charging of such fee. Lender z�nay not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Laan is subject to a law which sets rna�cirnum loan charges, and that law is finally interpreted so that the interest or other laan 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 amount necessary to reduce the charge to the permitted limit; and (b) any sunns 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 payment to Borrower. If a refund reduces principal, the reduccion will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment chazge is provided for under the Nate). Borrower's acceptance of a�ny such refund rnade by direct payrnent to Borrower will constitute a waaver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrow�r or Lender 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 ar when actually delivered to Borrower's notice address if sent by ott�er means. Natice 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 Borrower has designated a substitute notice address by notice to L,ender. Bvrrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Barrower shall only report a change of address through that speci�ed procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (� p �-B�NE) iosi �� Page 10 of 15 in�tiais: V•(, Form 3�28 1l07 � , � , �. , f , .