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2oioasssi <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be <br />dismissed with a ruling that, in Lender' s judgment, precludes forfeiture of the Property or other material <br />impairment of Lender' s interest in the Property or rights rxnder 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 shal] be paid to I.ender. <br />All Miscellazaeous Proceeds that are not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance Sy Lender Not a Waiver. Extension of the time for <br />payrnent or modification of amortizatinn of the sums secured by this Security Instrument granted by Lender <br />to Borrawer or any Succesaor in lnterest of Bnrrower shall not operate to release the liability of Borrower <br />or any Successora in Interest of Borrower. Lender shall npt 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 Instrument by reason of any demand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payr�aents from third persons, entities or <br />Successors in lnterest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any righC or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrower covenants <br />and agrees that Borrower's obligationa and liability sha11 be jpint and several. However, any Borrower whp <br />co-signs this Security Instruznent but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer' s interest in the Property under the <br />terms of this Securiry Instrument; (b) is not personally obligated to pay the sums secured by this 5ecurity <br />Instrument; and (c) agrees that Lander and any ather Borrower can agree ta extend, modify, forbear pr <br />malce any accommodations with regard to the terms of this Security instrument or the Note withaut the <br />co-signer' s consent. <br />Subject ta the prpvisions of Section 18, any Successor in Interest of Sorrpwer wha assun�es <br />Borrower' s obligations under this Security Instnunent 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 this Security Instarument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for sezvices perfprmed 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 />In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific <br />fee to Borrower shall not be construed as a prohibition on the char�ing of such fee. I,ender may not charge <br />fees that are expressly prohibited by this 5ecurity Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets ma7cimurn laan charges, and that law is �na11y interpreted sa <br />that the interest or other lpan charges collected or to be collected in connectipn with the Lpan exceed the <br />pe�nitted 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 which exceeded permitted <br />limits will be refunded to Borrower. Lender may choose ta make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayment charge is provided for under the Note). Borrower' s acceptance of any such refund made by <br />direct payment to Borrower will constitute a waiv�r of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Sorrower or Lender in connection with this Security Instrument <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 �rst class mail or when actually delivered to Borrower' s <br />notice address if sent by other means. Natice to any ane F3orrower shall constitute nptice to a11 Barrpwez <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property 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 specifies a procedure for reporting Borrower' s <br />change of address, then Barrower shall anly re�aort a chaza.ge of address through that specified procedure. <br />230975 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �oai�� Page 1D of 15 Initials: Fo�m 3028 1/01 <br />� � <br />