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201008854 acceleration has occurred, reinstate as provided in Sectian 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Properiy ar ather material impairment of Lender's interest in the Property or rights under chis Security Instrument. The proceeds of any award ar clairn for damages that are attributable to the impairment of Lender's incerest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Prqceeds that are not applied to restoration or repair of the Propexty shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payrnent or modification of amortization of the sums secured by this Security Tnstrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors xn Interest of Borrower. Lender shatl not be reyuired to cornrnence proceedmgs against any Successor in Interest of Borrower or to re�use to extend time for payment ar otlierwise rnodify arnortization of the sums secured by this Security Instnunent by reason of any demand made by the ariginal Borrower or any Successors in Interest of Borrower. Any forbeazance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities ar Successors in Interest of Bonower 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 Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Tnstrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to n�ortgage, grant and convey the ca-signer's interest in the Property under the terms of this Security Instnunent; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that I.Qnder and any other Borrower can agree ta �xtend, modify, forbear or rnake any accomrnodations with regard to the terms of this Security Instzunnent or the Note withaut the co-signer's cansent. Subject to the provisions of Section 18, any Successor in Interest of Borrawer who assumes Borrower's abligatians under this Security Instrurnent 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 Borrower's obligations and liability under this Security Instrument unless Lender agrees ta such release in writing. The COVCIIi1ritS and agreements pf this Security Instrurnent shall bind (except as provided in Section 20) and benefit the snccessors and assigns of Lender. 14. Loan Charges. Lender rnay charge Borrower fees for services perfonned in connection with Barrowsr's default, for the purpose of protecting Lender's interest in the Property and rights wnder this Security Instrument, including, but not limited to, attarneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrurnent to charge a speci�c fee to Borrower sha11 not be construed as a prohibition on the charging af such fee. Lender rnay not chazge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connectian with the Loan exceed the permitted limits, then; (a) any such loan charge shall be reduced by the amount necessary to reduce th� chazge to the permicted limiC; and (b) any sums already collected fram Barrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Nat� or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayrnent charge (whether or not a prepayrnent charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payrnent to Borrower will constitute a waiver of any right of action Boarrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument rnust be in writing. Any notice to Borrower in connection with this Security �nstrument shall be deemed to have been given ta Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower sha11 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 natice address by natice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedurc for reporting Borrower's change af address, then Borrower shall only report a change of address through that spaci�ed procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-��NE) (D8111 Page 10 of 15 ini<iais: Form 3028 �/�� r � n � � �. f ,