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�o�oos��i <br />dismissed with a ruling that, in Lender's judgment, precludes fo�r#`eiture of the Froperty or other material <br />impairment of Lender's interest in the Property or rights under this 5ecurity Instrument. The prceeeds of <br />any award or claim for damages that are am to the impairment of I.ender's interest in the Property <br />are heraby assrgned and shall be paid ta Lender. <br />�11 Miscellaneous Praceeds that are not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Sectian 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of amortization of the surns secured by this Security Instrument granted by Lender <br />to Barrower or a,ny Successor in Interest of Borrawer shall not operate to release the liability of Borrower <br />ar any Successors in Interest of Borrower. Lender shall not be required to cammence proceedings against <br />any Successor in Interest of Bora�ower or to re£use to extend time for paycnent or othzrwise modify <br />amortization of the sums secured by this 5ecurity Instrument by reason of any dcmand made by the ariginal <br />Horrawer or any Successors in Interest of Borrower. Any forbearance by I.ender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments Gom third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Cn-signers; Successors and Assigns Baund. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />5ecurity Instrument nnly to mortgaga, grant and convey the co-signer's interest in the Property under the <br />tern�s of this Security Instrument; (b) is not personally obligated to pay the surns secured by this Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms of this 5ecurity Instrument or the Note without the <br />ca-signer's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Bonrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits undcr t}us Security Insirument. Borrower shall not be released from <br />Borrower' s obligations and liability under this 5ecurity Instrument unless Lender agrees ta such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />5ection ZO) and benie�t the successors and assrgns of Lender. <br />14, Luan Charges. Lender may charge Borroweir fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Tnstrument, including, but not limited to, attorneys' Fees, property inspe�etion and valuation fees. <br />In regazd to any other fees, the absence of express authority in this S�urity Instrument to charge a specific <br />fee to Borrower shall nat be canslrued as a prohibition on the charging of such fee. Lender rnay not charge <br />f�es that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Laan is subject to a law which sets maximum loan charges, and that law rs �nally interpreted sn <br />that tkte interest or othe�r loan cbarges collected or to be collected in connection with the Loan exceed the <br />permitted lrmits, then: (a) any such loan ck�arge shall be reduced by the amount necessary to reduce the <br />charge to the pennitted limit; and (b) any sums already collected from Borrower which exceaded permitted <br />limits will be rafunded to Borrower. Lender rnay choose to make this refund by reducing the principal <br />owed under the Note ar by making a direct payment to Borrower. If a refued reriuces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether ar not a <br />prepayment charge is provided for under the Note). Sorrawer' s acceptance of any such refixnd made by <br />direct payment to Borrower will constrtute a waiver of any right of action Horrower might have arising out <br />af such avercharge. <br />15. Notices. All notices given by Sorrower or Lender in cnnnection with this Security instrument <br />xnust be in writing. Aity notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Notice to any one I3orrower shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notioe address shall be the Properiy Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Bonower sha11 promptly <br />notify Lender of Borrower's change of address. If Lender specifes a procedure for reporting Horrower's <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />2200072053 D V6ANE <br />NEBRASKA - Single Family - Fannle Mae/Freddl� Mac UNIFORM INSTRUMp�17 WITH MFRS <br />� loe�ol Pepa 10 of 15 Initiels: j � � Form 3028 1I07 <br />e <br />