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2 0�008859 <br />acceleratian ha5 occurred, reinstate as pcovided in Section 19, by causing the action or proceeding to be <br />disrnissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairrnent of Lender' s interest in the Froperty or rights under this Security Instrument. The proceeds of <br />any award or claim for damages that are attributable to the impairment of Lender' s interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied tq restoration or repair of the Property sha11 be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. �xtension of the time for <br />payment or modification of amortization of the sums secured by this Security Instnrment granted by Lender <br />ta Borrower or any Successor in lnterest of Borrower shall not operate Co release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against. <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Security Instruxnent by reason of any demand made by the ori�inal <br />Borrower or any Successars i�� Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender' s acceptance af payrnents frarn third persons, entities or <br />Successors in Interest of Borrower ar in arnounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any ri�ht or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrower covenants <br />and agrees that Borrower's obligations and liability sha11 be joint and several. However, any Borrower who <br />co-signs this 5ecurity Instrument but does not execute the Note (a "co-signer"): (a) is co-si�ning this <br />Security Instrument only to rnortgage, grant and convey the co-signer' s interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this 5ecurity <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 Security Instrurnent or the Nate without the <br />co-signer' s consent. <br />Subject to the provisions of Section 1S, any Successor in Interest of Bprrower who assurnes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower' s rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower's obligations and liability under thi� Security Instrument unless Lender a�rees to such release in. <br />writing. The covenants and agreements of tlais Security Instrument shall bind (except as provided in <br />Section 20) and benefit the succes:.ors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower 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 Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. <br />ln regard to any other fees, the absence of express authority in this Security lnstrument to charge a speci�c <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge <br />fe�s that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If fhe Loan is subject to a law which sets maximurn loan charges, and that law is finally interpr�ted so <br />that the interest or other loan charges collect�d or to be collected in cor�nection with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower vvhich exceeded permitted <br />limits will be refunded to Borrower. Lender may choase to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Borrower. Tf a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayrnent charge is provided for under the Note). Borrower's acceptance of any such refund rnade by <br />direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />1S, Notices. All notices given by Barrawer or Lender in connection with this Security Instruxnent <br />must be in writing. Any 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 Barrower shall constitute notice to all Borrowers <br />unless Applicabla Law expressly requires otherwise. The notice address shall be the Froperty Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly <br />notify Lender of Borrower' s change of address. If Lender speci�es a procedure for reporting Borrower' s <br />change of address, then Borrower shall only report a change of address thz that speci�ed procedure. <br />230971 <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT f <br />�-6(NE) (oe��) Page10 of 15 in�c;ais: �J • Fprm 3028 9/01 <br />O <br />