201008911 - Laserfiche WebLink

Browse

2oloossl� acceleration has occurred, reinstate as pravided in Section 19, by causing the actian or proceeding to be dismissed with a ruling that, in T,ender's judgment, prccludes forfeiture of the Property or olher material impairtneni pf Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of T.ender's int�r�st in th� Pz'aperty are hereby assigned and shall be paid to I.,ender. All Miscellaneous Praceeds that are not applied to restoration or repair of the Prc�p�rty shall b� applied in the order provided far in Section 2. 12. Borrower Nat Released; Forbearance By Lender Not a Waivcr. Ext�r�ian of the time far payrnent or modification of amortizatian of lhe sums sec:ur�d by this Security Instrurnent granted by T,ender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interes[ c�f Barrawer. Lender shall not be required to commenceproceedings against any Successor in Interest of Borrower ar to refuse tc� extcnd tim� t'c�r payment or otherwise rnodify amortization of the sums secured by this Sccurity Instrumcni by r�asan �f any demand made by the original Barrower or any Successors in Interest of Borrower. Any fort��aranc� by Lender in exercising any right or remedy including, without limitation, L.ender's acceptance of payments from third persUr�s, entilie.s ar Successors in Interest of Borrower or in amounts less than the amount then due, shall not be: a waiver of or preclude the exercise of any ri�ht ar r�zn�dy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrc�wer covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-si$ns this Security Instrument but daes nat execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and canvey thc ca-signcr's int�rest in the Property under the terms of this Security Tnstrument; (b) is not personally obligated to pay the sums secured by this Security Tnstrumcnl; and (c) agrees that L.ender and any other Borrower can agree to extend, modify, forbear or make any accnmmadations with regard to the terms of this Security Tnstrument or the Note without the co-sign�r's cans�nC. Subject to the provisions of Scction 18, any Succ�ssor in Interest af Barrawer wha assumes BorrUw�r's Ubligatipns under this 5ecurity Instrument in writing, and is approved by Lender, shall obtain all c�f Borrawer's rights and benefits under this Security Tnstrument. Borrower shall not be released from Borrower's obligations and liability und�r t1�is S�curity InsCrum�nt unless L,ender agrees to such release in writin$. The covenants and agre�ments of this Security Instrr,rment shall bind (except as pravided in Section 20) and benefit the successors and assigns of T.ender. 14. Loan Charges. L,ender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting T.ender's interest in the Property and rights under this Security Instrument, including, but nnt lirnited ta, attorneys' fees, praperty inspection and valuation fees. Tn regard to any other fc�s, th�: absence of express autharity in this Security Instrument to charge a specific fee to Barrawer shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Tnstrument or by Applicable T.aw. If the I.,oan is subject to a law which sets maximuru loan charges, and that law is finally interpreted so that the interest or othc:r loan c;harg�s cpll�eted or to b� c;ollected in connection with the Loan exceed the permitted limits, then: (a) any such laan charge shall be reduced by the amount necessary to reduce the charge t� thc permitted limit; and (b) any sums already collected from Borrower which exceeded perniitted limits will be refunded to Borrower. T,ender may choose to make this refund by reducing the principal owed under the Notc ar by making a dir�c4 paymenl la Borraw�r. If a refund reduces principal, th� reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). �orrower's acceptance of any such refund made by direct payment to Borrow�r will constitut� a waiver uf any right of action Borrower might have arising out ofsuch overcharge. 15. Notices. All natic�s giv�n by Barraw�r or Lcndcr in cvnnection with this S�curity Instrument must be in writing. Any nakice to Borrawcr in cannection with this Security lnstrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by othc:r m�ans. NnCic� ta any ane I3orrower shall constilutc notic� to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Addrsss unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Bonrnw�r's change of address. If Lender specifies a procedure for reporiing Borrower's change of address, then Barrawer shall only rcpart a change of address through that specified procedure. NEBRASKA - Single Family - Fannie Mae(Freddis Mac UNIFpRM INSTRUMENT �� �-6(NE) ioeii� Pe ioaf i� in� •�j Form 3028 9109