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2oiaog55$ <br />acceleratian has occurred, reinstate as provided in Section 19, by causing the action ox proceeding to be <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment af I.ender's interest in the Property ox rights under this Security Tnstrrxrnent. The proceeds of <br />any award ox claim for damages that are attributable to the iampairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Froceeds that are not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Sectian 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification af amortization of the sums secured by this Security Instnunent granted by L,ender <br />to Borrower or any Successar in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors in Tnterest of Borrower. Lender shall not be required to comrnence proceedings against <br />any Successox in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />arnortization 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 Borrawcr. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments frorn third persons, entities or <br />5uccassors in Interest of Borrower or in amounts less than the amount then due, shall noC be a waiver of or <br />preclude Che exercise of any right or remedy. <br />13. Joint and Several L�ability; Co-signers; Saccessors and Assigns Bound. Borrower covenants <br />and agrees that Borrower's obligatians and liability shall be joint and several. However, any Borrower who <br />co-signs this Security Instrunnent but does not execute the Note (a "co-signer"): (a) is ca-signing this <br />Security Instrument only to rnortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated ta pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree ta extend, modify, forbear or <br />rnake any accommodations with regard to the terms of this Security Instrumeant or the Note without the <br />co-signer's consent. <br />Subject to the provisions of Sectian 1$, any Successor in Interest of Barrower who assurnes <br />Borrower's abligatians under this Security Instrument in writing, and is approved by I.,ender, sha11 obtain <br />all of Borrower's rights and benefits under this Security Instrum�nt. 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 agreemenCs of this Security Instrurnent shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of L.ender. <br />14. Loan Charges. Lender may charge Borrower fees for services perfarmed in connection with <br />Borrower's default, for the purpose of protecting L,ender's interest in the Property and rights under this <br />Security Instruxnent, 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 ta charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender rnay nat charge <br />fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges coll�cted or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such loan charge sha11 be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Barrower which exceeded pernnitCed <br />limits will be refunded to Borrower. I.ender may choose to malce this refund by reducing the principal <br />owed under the Note or by rnaking a direcc payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayrnent 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 Co Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such avercharge. <br />15. Notices. All notices given by Borrawer or Lender in connection with this Security Instrurnent <br />must be in writing. Any notice to Borrower in connection with this Security Instrument sha11 be deemed to <br />have been given to Borrower when rnailed by �rst class mail or when actually delivered Co Borrower's <br />notice address if sent by other nneans. Notice to any one Borrower shall constitute natice 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 L.ender. Borrower shall promptly <br />notify Lender of Borrower's change of address. If L.ender specifies a procedure for reporting Borrower's <br />changa af address, then Borrower shall only report a change of address through that specified procedure. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-B�NE) los��1 paae �o of �5 inie�eis� Form 3028 1(01 <br />� � <br />�� � , <br />