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�aioos��1 <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proc�ding ta be <br />dismissed with a ruling that, in Lender's judgrnent, precludes forfeiture of the Property or other rnaterial <br />impairment of Lender's interest in the Property or rights under this Security Instruztxent. The praceeds of <br />any award ox claim for damages that are attributable to the innpairment af T.ender'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; Forbearance By Lender Not a Waiver. Ext�nsion of the time for <br />payment ar rnodi�cation of annortization of the sums secured by this Security Instrument granted by �nder <br />to Borrower or any Successor in Interest of Borrower sha11 not operate to release the liability of Barrower <br />or any Successors in Interest of Borrower. L.ender shall not be required to commence proceedings against <br />any Successor in Interest of Borrower or to refusa to extend time for payrnent or otherwise modify <br />arnortization of the sums secured by this Security Instnunent by reasan of any dernand made by the original <br />Borrower or any Succassors in Interest of Borrower. Any forbearance by L.ender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payrnents from third persons, entities or <br />Successors in Interest of Borrawer 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 agrees that Borrower's obligations and liability shall be joint and several. However, any Borrawer who <br />co-signs this Security Instrument but daes not execute the Nate (a "co-signer"): (a) is co-signing this <br />Security Instr�u�aent 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) ag.rees that Lender and any other Borrower can agree to extend, modify, forbear ar <br />xnake any accommodations wittx regard to the terms of this Security Instrument or the Nota without the <br />co-signer's consent. <br />Subject to the provisions of Section 1$, any Successor in Interest of �orrower who assumes <br />Borrawer's oblagatipns nnder this Security Instrurnent in wr�iting, and is appmve�l by Lender, shall obtain <br />all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be releas� from <br />Borrawer's obligations and liabilicy under this Security Tnstrument uriless Lender agrees to such release in <br />w,riting. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and b�ne�t the successors and assigns of Lender. <br />14. Loan Chacges. Lender may charge Borrow�r fees for services performed in connection with <br />Borrower's default, far the purpose af protecting Lender's interest in the Property and rights under this <br />Security Instxutnent, including, but not lunited to, attarneys' fees, property inspection and valuatian fees. <br />In regard to any other fees, the absence of express authority in this Security Instnunent to charge a speci�c <br />fee to $orrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge <br />fees that are expressIy prahibited by this Security Instrurnent or by Applicable Law. <br />If the Loan is subject to a law which sets mazimum loan charges, and that law is �nally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the pernnitted limit; and (b) any sums already collected from Borrower 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 payrnent to Borrawer. If a refund reduces principal, the <br />reduction will be treated as a partial prepayrnent without any prepayment charge (whether or not a <br />prepayment charge is pravided far under the Note). Borrower's acceptance of any such refund made by <br />direct payrnent to Borrower will constitute a waiver af any right of action Borrower znight have arising out <br />of such overchazge. <br />1S. Natices. All notices given by Borrower or Lender in connection with this Security Instrument <br />rnust be in wziting. Any notica to Borrower in conne�tion with this Security Instrument shall be deemed to <br />have been given to Borrower when mailed by �rst class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Notice to any one Borrower shall constitute notice to all $orrowers <br />unless Applicable t,aw expressly requires otherwise. The natice address shall be the Property Address <br />unless Borrower has designated a substitute notice address by notice to I,ender. Borrower shall promptly <br />notify L.ender of Borrower's change of address. If Lender speci�es a procedure for reporting Borrower's <br />change af address, then Borrower shall only report a change of address through that specified procedure. <br />N�BRASKA - Single Family - Fannie Mae/Freddia Mac UNIFdRM INS7�tUMENT <br />�-B�NE) (0871) , Page 10 of 15 i��s�ais: Form 3028 1/01 <br />� <br />., � � . + �. �/• <br />. .. . . . . . • ��7 <br />