Laserfiche WebLink
2oiaos�o� <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding ta be <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment of I,ender's interest in the Property or rights under this Security Instrument. The proceeds of <br />az�y award or claim for damages that are attributable to the impairment af Lender's interest in che Praperty <br />are hereby assigned and shall be paid to T..ender. <br />All Miscellazieous Proceeds that are not applied to restoration ar repair of the Property shall be <br />applied in the order provided for in SecCion 2. <br />12. Borrower Nat Released; Forbearance By Lender Not a Waiver. Extensian of the time for <br />payment or modificatinn of arnortization of the sums secured by this Security Instrument granted by I.Ender <br />to Borraw�r or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors in Interest of Borrovver. Lender shall not be required to commence proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortizaCion of the swns secured by this Security Instrument by reason of any de�nand made by the original <br />Borrower or any Successors in InteresC af Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without lirnitation, Lender's acceptance af payments fram third persons, entities or <br />Successors in Interest of Borrower ar in aznounts less than che amount then due, shall not be a waiver of ox <br />preclude the exercise af any right or reme[iy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrower covenants <br />and agrees khat $orrower's obligatians and liability shall be joint and several. However, any Bormwer who <br />co-signs this Security Instnunent but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instnunent; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accominodations with regazd to the terrns of this Security Instrument or the Note without the <br />co-signer's consent. <br />Subject to the provisians vf Sectian 18, any Successor in Interest of Borrower who assumes <br />Borcower's obligations under this Security Instrument in writing, and is approved by L,ender, shall abtain <br />all of Borrower's rights and lienefts under this Security Instrument. Borrower shall not be released frozn <br />$orrower's obligations and liability under this Security Insttwment unless L.ender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Seccion 2�) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting I.ender's interest in the Property and rights under this <br />Security Instrument, including, but not lirnited to, attorneys' fees, property inspection and valuation fees. <br />Tn regard to any other fe�s, the absence of express authority in this Security Instnunent to charg� a speci�c <br />fee to Sorrower shall not be construed as a pmhibition on the charging of such fee. Lender rnay not charge <br />fees that are expressly pr�hibited by this Security Instrument ar by Applicable Law. <br />If the Loan is subject to a law which sets maxirnurn loan charges, and that law is finally interpreted so <br />that the interest or other loan chazges collected or to be collected in connection with the Loan exceed the <br />pernnitted limits, then: (a) any such laan charge shall be reduced by the amount necessary to reduce the <br />charge to the pernutted limit; and (b) any sums already collected from Bonower which exceeded pernutted <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 re�d 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 under the Note). Borrower's acceptance of any such refund made by <br />direct payment to Borrower will canstitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />�.5. Notices. All notices given by Borrawer or Lender in cannection with this Secuxity Instrument <br />rnust be in vvrxting. Any notice to Borrower in connection with this Security Tnstrument shall be deerned to <br />have been given to Borrower when mailed by first class mail or when actually delivered to $orrower's <br />natice address if sent by ather means. Notice to any one Borrower 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 Lender. Borrower shall promptly <br />notify Lender af Borrower's chang� of address. If Lender 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 - Singie Family - Fannie MaelFweddie Mac UNIFORM INSTRUMENT <br />� � 10$11) Page io of �5 in�c�ais: Form 3028 9/07 <br />t �. � 9 � Y � tt <br />