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20�oo��c acceleration has occurred, reinstate as provided in Section 19, by causing the action or praceeding to be disrnissed with a ruling that, in I.ender's judgment, precludes forfeiture of the Property or other material irnpairment of Lender's interesC in the Property or rights under this Security Instrurnent. The proceeds oF any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to L,�nder. All Miscellaneous Proceeds that are not applied to restoration ar repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Farbearance By Lender Not a Waiver. Extension af the time for payrnent or modification of amo�tization af the sums secured by this Security Instrument granted by �..ender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. L.ender shall not be required to cornrnence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instruznent by reason of any demand made by the original Borrower ar any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments frotn Chird persons, entities or Successors in Interest of Borrowcr or in amounts less than the arnount then due, shall not be a waiver of ar preclude the exercise of any right or remedy. 13. Joint and Several Liab►lity; Co-signers; Successors and Assigns Bound. Borrower cavsnants and agrees that Borrower's obligations and liability shall be joint and several. Hawever, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is ca-signing this Security Instrument only to mortgage, grazit and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrurnent; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note withaut the co-signer's consent. Sub�ect to the provisions of Section 18, any Successor in Interest of Borrawer who assurnes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, sha11 obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless L.ender agrees to such release in writing. Th�, covenants and agreements of this Security Instrurnent shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender rnay charge Borrower fees for services perfarmed in connection with Borrower's default, for the purpose af pratecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited ta, attomeys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authoriCy in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. L.ender rnay not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary ta reduce the charge to the permitted limit; and (b) any sums already collected from Borrawer which exceeded permitted lirnits will be refunded to Borrower. L,�nder may choose to make this r�fund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be tr�ated as a partial prepayment without any prepayment charge (whether or not a prepayrnent charge is provided for under the Note). Borrower's acceptance af any such refund made by direct payment to Borrower will constitute a waiver of any right af action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with thjs 5ecurity Instrument must be in writing. Any notice to Bonrower in connectian with this Security Instrurnent shall be deemed to have been given to Borrower when rnailed by first class mail or wh.en actually delivered to Borrower's notice address if senC by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to T..ender. Barrawer shall promptly notify I.ender of Borrower's change af address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. ....., NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFpRM INS7RUMENT �,, ° �•6�NE) 1o8t t1 Page 10 ot 15 in�t�ais:�UV'' u� Form 302$ 9/09 � . %r � � t �� rt , ryt .ri r�