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201009828
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Last modified
12/30/2010 3:48:47 PM
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12/30/2010 3:48:46 PM
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DEEDS
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201009828
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201009828 <br />acceleratian has occurred, z�einstate as provided in Se�tion 19, by causing the action or proceecii.ng to be <br />dismissed with a rulizig that, in Lender's judgment, pre�ludes forfeiture of the Property or other material <br />impairment of Lend�r's interest in the Property or rights under t1�is Securiry Instru�ment• 'The proceeds of <br />any award nr clai.m for damages that are attributable to the impairment af Lender's interest in the P�mperty <br />are hereby assigned and sha11 be paid to Lender. <br />All Miscellaneous Proceeds that are nat applied to restaratian or repair of the Properry shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbe�raace By Lender Not a Waiver. Ea�t�z�sion of the time for <br />payment ar modification of arnorti�zatioz� of the sums secured by this Security Instru�anent granted by L.ender <br />to Borrower or any Successor in Interest of Borrower sha11 not operate to release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commen�ce procce�ings against <br />any Successor in Interest of Harrnwer qr to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Se�urity Instrument by reason af any demand made by the ori�inal <br />Borrower or any Successors in Interest of �orrower. Any forbeara�ce by Lender in exercising azry �right or <br />remedy including, without limitation, L.ender's acceptance of payments from third persons, entities ar <br />Successors in Interest of Borrawer nr in arnounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any r,rght or remedy. <br />13. .�oint and Several Liab�lity; Co-signers; Snccessors and Assigns Bound. �3orrower covenants <br />and agrees that Borrower's obligations and liability shall be join�t and several. Hnwever, any Borrower who <br />cv-signs this Security Instrutnent but does not exe�ute the Note (a "co-signer"): (a) is co-signing this <br />5ecurity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Secwrity Instrument; (b) is not personally obligated to pay the swns secured by this Security <br />[nstrument; and (c) agrees that Lender and any otlxer &arrower can agz'ee to extend, modify, forbear ar <br />rnake any accornmodations with r�gard to the terims of this Security Instrument nr the Note witXiout the <br />co-signer's consent. <br />Subject co the provisians of 5ection 1$, any Succ�ssor in Interest of Borrowcr wha assumes <br />Borrower's obligations under this Security Instrument in writing, and is appraved by Lender, shall obtain <br />all of Barrower's rights and benefits under this Security Instnunent. Borrower sha11 not be r�leased fram <br />Borrower's obligations and liabiliry under this Security Instrument unless Lender agrees ta such release in <br />writing. The covenants and agreements of this Security Instnxment shall bind (except as provided ir� <br />Sect'ron 20) and benefit the successors and assigns of Lender. <br />14. Loa�n Cbarges. L,�nder may charge Borrower fees for services performed in connection with <br />Bonower's default, for the purpose of protecting Lezad�r's interest i.n the Property and rights under this <br />5ecurity Instrument, including, but not lunited to, attorneys' fees, property inspectian and valuation fees. <br />In regard to any other fees, the absence of ezpress auWority i,n this Security Instrument to charge a specific <br />fee to Borrower shall not be construed as a pz�ohibition on the charging of such fe�. Lender may not chacge <br />fees that are expressly prohibited by this Se.�urity Tnstrument or by Applicable Law. <br />If the Loan is subject to a law which sets z�na�cimwn loan charges, and that law is fu�al.ly ianterpreted so <br />that the interest ar other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted litruts, then: (a) any such loan chazge shall be reduced by the anoount necessary to reduc�; the <br />charge to the pernutted limit; and (b) any sums already collected from Borrawer which excee�ied permitted <br />liznits will be refunded to Borrower. Lender znay choose to make this refund by reducing the principal <br />owed under the Note ar by maldng a direct payment to Barrawer. If a reftuid reduces principal, the <br />reductian will be treated as a partial prepayment without any prepayrt�ent charge (whether or nat a <br />prepayment charge is provided for under the Note). Barrower's acceptance of any such refund znacle by <br />direct payment to Borrower will constitute a waiver af any right of action Borrower might have arising out <br />af such overcharge. <br />1S. Notices. All notices given by Borrower or Lender in connection wi�th this Security Instrument <br />znust be in writing. Any notice to Borrower in connection with this Security Instrurnent shall be deemed to <br />have been given to Borrower when maile.ci by first class mail or when actually deli�ered to Bozrower's <br />notice address if sent by other means. Notice to any one Barrower shall canstitute notice to a11 Borrowers <br />unless Applicabla Law expressly requires otherwise. The �atice address shall be the Property Address <br />unless Borrower has designat�d a substitute notics address by natice ta Lender. Boc�rower shall promptly <br />notify I.ender af Borrawer's change of address. If Lender speci�es a procedure for reporting Borrower's <br />change of address, then Borrower shall only report a change of address through that speci�ed procedure. <br />NHBRASKA - Single Family -�annia MaelFreddie Mac UNIFORM INSTRUMENT <br />�-B(NE) ioa� n Pege 10 aT 15 in�eieis• � Fnrm 3028 1/01 <br />
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