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�Q10U8��5 <br />acceleration has accurred, 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 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 to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbear�nce Sy Lender Not a Waiver. Extension of the time for <br />payment or modification of aunortization of the sunas secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />ar any Successors in Interest of Borrower. I.ender shall not be required to commence praceedings 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 Instrurnent by reason of any demand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbeazance by Lender in exercising any right or <br />remedy including, without limitation, L,�nder's acceptance of payrnents frorn third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the arnount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Sevexal Liability; Co-signers; 5uccessors and Assigns Bound. Borrower covenants <br />and agrees that Borrower's abligatians and liability shall be jpint and several. However, any Barrower wha <br />co-signs this Security Inatrument 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 Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that I..ender and any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the Note without the <br />co-signer's consent. <br />Subjcct to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and bene�ts under this Security Instrument. Borrower shall not be released from <br />Borrower's obligations and liability under this Security Tnstrument unless L.ender agrees ta such release in <br />writing. The covenants and agreernents of this Security Instrument shall bind (except as provided in <br />Section 20) and bene�it the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrawer's default, for ihe purpose af protecting L,ender's interest in the Prap�rty 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 charging of such fee. Lender rnay not charge <br />fees that are expressly prohibited by this Security Instrurnent ar by Applicable Law. <br />If the Loan is subjact to a law which sets maximum loan charges, and Chat law is finally interpreted so <br />that the intexest or other loan charges collected or to be collected in connection with the L,oan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the arnount necessary to reduce the <br />charge to the permitted lirnit; and (b) any surns already collected fram Borrower which exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to 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 ar 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 waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Borrower or L,�nder in connection with this Security Instrument <br />rnust be in writing. Any notice to Borrower in cannectian with this Security Instrument shall be deemed to <br />have been given to Bonrower when mailed by �'irst class mail or when actually delivered to Borrower's <br />notice address if sent by other rneans. Notice to any ane Barrawer shall canstitute notice to all Borrowers <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 I.end�r. Borrower shall pramptly <br />notify I.ender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br />change of address, then Borrower shall anly report a change of address through that specified procedure, <br />NEBRpSKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-B�N�) (0811) Page 10 of 15 Initials: �Orm 3�28 1��7 <br />i <br />