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201Q48731 acceleration has occurred, reinstake as provided in Section 19, by causing the action or proceeding tu be dismissed with a ruling that, in L.ender's judgment, precludes forfeiture of th� Praperty ar other material im�airment af I..�nder's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that ar� attributable ta the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Praceeds that are not applied to restoration or repair of the Property shall bc applicd in th� �rder provided for in Section 2. 12. Borrower Not Released; Forbearance By Lcnder Nat a Waiver. Extension of the time f'or payment or modificatian af amortization of the sums secured by this Security Instrumen[ granted by L.Gnder to Borrower or any Successar in Interest of Borrower shall not operate to release the liability af Barraw�r or any Successors in Interest of Barrower. Lender shall not be required to commcnc� prace�dings against any Successc�r in Interest of Borrower or to refuse t� extend time for payment or otherwise modify amortization of the sums secured by this S�curity Instrum�nt by reason of any demand made by the original Barrawer or any Successors in Interest of Borrower. Any f��rbearance by I.,ender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third pc�rsons, �:ntities or Successors in Interest af 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. .�oint and Several Liability; Co-signers; Successors and A.SSigns Baun$. Borrower cpvenants and agre�s that Borrower's obligations and liability shall be joint and several. However, any Borrowcr who co-signs this Securiky Instrument but does not execute the Note (a "co-signer"'): (a) is co-signing this Security Instrument only to mortgag�, grant and canvey the ca-signer's interest in the Property under the terms af this Security Tnstrument; (b) is not persc�nally obligated t� pay th� sums secured by this Security Instrument; and (c) a�rees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard t� tlxe terms af this Security Instrument or the Note without the co-signer's consent. Subject to the pI"OV151pil5 of Section 18, any Successor in Interest of Borrower who assumes Borrawer's obligations under this Security Instrument in writing, and is apprpved by I,ender, shall abta'rn all of Borrower's rights and benefits under this Security Instrument. Borrowsr shall anat be ruleased fram Borrower's ahligations and liability under this 5ecurity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 2�) and benefik the successors and assigns of Lender. 14. Loan Charges. I,ender may charge Barrawer fe�.s fc�r scrvicc:s performed in connection with Borrower's default, for thc purpas� Uf protscting Lender's interesk in the Property and rights under this Security Ir�trum�nt, including, but not limited to, attorneys' fees, property inspection and valuation fees. In r�gard to any ottter fees, the absence of express authority in this Security Instrumcnt to chargc: a specific fee to Borrower shall not be construed as a prohibition c�n the charging af such fee. Lender may not charge fees that are expressly prohibited by this S�curi[y Instrunn�nt or by Applicable Law. If the Loan is subject to a law which sets maximum lc�an charges, and that law is finally interpreted so khal lhe interest pr other loan charges collected or to be collected in connection with the Loan exceed the perrnitted limits, then: (a) any such loan charge shall be reduced by the amount neccssary ta reduce lhe charge to the permitted limit; and (b) any sums already collected from Borrow�r which �xc�ed�d permitted limits will be rcfunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the N��te or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepaymenl charge (wh�ther or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Bc�rrawer will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Natic�s. All natices given by Borrower or L.ender in connection with this 5ecurity Instrument must be in writing. Any notice Cq Bprrawer in cannection with this Security Instrument shall be deemed to have been given tc� Borrower when mailed by first class mail or when actually delivered to Borrower's natice addr�ss if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable T.aw expressly re�uires otherwis�:. Thc notice addr�ss shall be the Praperty Addre.ss unless Borrower has designated a substitut� notic� addr�ss by naticc lp I.�nder. Bartpwer shall pramptly zxotify L,ender of Borrower's change of address. Tf T.ender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN57RUMENT �-6(NE) waiii Page 10 af 16 in�e�eiS: Fvrm 3028 1/01