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2oioo92si <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 judgznent, precludes forfeiture of the Praperty or other rnaterial <br />impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of <br />any award ar claim for damages that are attributable to Che impairment of Lender's interest in the Property <br />are hereby assigned and sha11 be paid to I.ender. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be <br />applied in Che order provided far in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or rnodification of arnortization of the sums secured by this Security Instrurnent granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors in Interest of Borrower. L.ender shall not be required to commence proceedings against <br />any 5uccessor in Interest of Borrower or to refuse to extend time for payment or otherwise rnodify <br />amortization of the snms secured by this Security Instrument by reason of any dexnand made by the original <br />Borrower or any Successors in Interest af Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's accepCance of payments from third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants <br />and agr�es that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is ca-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Frope�ty under the <br />terms of this Security Instrument; (b) is not personally obligated to pay the surns secured by this Security <br />Instrurnent; and (c) agrees that Lender aa�d any other Borrower can agree to extend, modify, forbeax 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 />Sub�ect to the provisions of Section 18, any Successor in Int�rest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by I.ender, sha11 abtain <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 Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as pravided in <br />Section 20) and bene�it the successors and assigns of Lender. <br />14. Laan Charges. Lender may chazge Borrower fees for services performed in connection wiCh <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 ta 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 may not charge <br />fees that are expressly prohibited by this Security Instrument or by Applicable I.aw. <br />Tf the Loan is subject to a law which sets maximu�n loan charges, and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limiCs, 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 frorn Borrower which exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal <br />owsd 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 undsr 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 rnight have axising out <br />of such avercharge. <br />15. Notices. All notices given by Borrower or L,ender in connectian with this Security Instrument <br />must be in writing. Any notice to Borrower in cannection 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 Borrow�r shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Praperty Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly <br />notify L.cnder of Borrower's change of address. If T,ender specifies a procedure for reporting Borrower's <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ��(� <br />�-6�NE) �osi i� Page 10 of 15 i��t�eis: �� J Form 3028 7/09 <br />► � % �� ' � �'� R r ! , : r"`� � <br />