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�0�_��0:�`�� <br />acceleration has occurred, reinstate as provided in Section 19, by causizag the action or proceeding to be <br />dismissed with a ruling that, in Lender' s judgment, precludes forfeiture of the Property or other material <br />impairment of Lender's interest in the Property or rights under thia Security Instrument. The praceeds af <br />any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />A11 Miscellaneous Proceeds that are not appli�d to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Sorrawer Nat Released; Torbearance Sy Lender Nat a Waiver. Extension af the time for <br />payment or modification of amortization of the sums secured by this Security Instrument granted by Lender <br />ta Sarrower or any 5uccessor in. interest of Sorrpwer shall not operate to r�lease Che liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commence proc�edings against <br />any Successor in Interest of Borrower or to refus� to extend time for payment ar otherwise modify <br />amortization of the sums secured by this Security instzument by reason of any demand made by the original <br />Borrower or any Successors in Interest of� Borrawer. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments frnm third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right ar remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assi�ns Sound. Borrower cnvenants <br />and agrees that Sorrnwer' a obligations and liabiliry shall be ,joint and several. However, any Borrawer who <br />co-signs this Security Instrument 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 Praperty under the <br />terms of this Security Instrurnent; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) a�rees that Lender and any other Sorrower can agree to extend, modify, forbear or <br />rnake any acc�mmodations with regard to the tezxns of thic 5ecuriry Instrument or the Note without the <br />co-signer' s consent. <br />Subiect to tt�e provisions of Section 18, any Succe�sar in Interest of Borrower who assumes <br />Borrow�r' s obligations under this Security Instrument in writing, and is approved by L�nder, shall obtain <br />all of Bnrrower's rights and benefits under this Security Instrument. 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 agreements of this 5ecurity Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />]4. Luan Charges. Lender may charge Bor► fees for services pe�rform�d in connection vaich <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instxument, including, but nnt limited ta, attorneys' fees, property inspection and valuation fees. <br />In regard Co any other fees, the absence of express authority in this Securiry Instrument to charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge <br />fees that are expressly prohibited by this Securiry 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 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 arx�aunt n�cessary to reduce the <br />char�e to the permitted limit; and (b) any sums already collected frorn Borrower which exceeded permitted <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 refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment char�e (whether or not a <br />prepayment charge is provided for under the Note). Borrowar' s acceptance of any such refund made by <br />direct payment to Sorrower will constitute a waiver of any right of action Borrawer might have arising ouC <br />of such overcharge. <br />]S. Notices. All notices given by Borrower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Barrawer in connection with this Security Instrument shall be deemed to <br />have been given to Sox when mailed by first class mail or when actually delivered to Borrower' s <br />notice address if sent by other means. Notice to any one Sarrower shall constitute natice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The natice address shall be the Property Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Borrawer shall promptly <br />notify Lender of Borrower' s change af address. If Lender speci�es a procedure for reporting Borrower' s <br />change of address, then Boz shall only report a change of address through that speci�ed procedure. <br />23].040 <br />NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INS7RUM ENT <br />�-B(NE) (0811) Page 10 of 15 Initials. � Form 3028 1/01 <br />� � <br />