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2o�ioo�2� <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be <br />dismissed with a ruling that, in Lender' s judgment, precludes forfeiture of the Froperty or other material <br />in;�pairment of Lender's interest in the Property or rights under this Security Instrument. 'I'he proceedti of <br />any award or claim for daamages that are attributable to the impairment of Lender' 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. Sorrower Not Released; Forbearance Sy Lender Not a Waiver. �xtension pf the time for <br />payment or modification of amortization of the sums secured by thia Security Instrument granted by Lender <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 tq commence proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />arnprtizatian of the sums secured by this Security Instrument by reason of any demand xnade by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any ri�ht or <br />remedy including, without limitation, Lender' s acceptance of payments from 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 cxercise of any right or remedy. <br />13. doint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants <br />and agreeti that Borrower's obligations and liability shall be joint and several. However, any Borrower wha <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 canvey th� co-signer' s interest in the Property under the <br />terxns of this Security Instrument; (b) is not personally obligated to pay the sums secured by thia Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard ta the terms of this Security instrument or the Note without the <br />co-si�ner' s consent. <br />Subject to the provisions pf Section 18, any 5uccessor in Interest of Borrower who assuxnes <br />Borrower' s obligations under this Security Tnstrurx�ent in writing, and is approved by Lender, shall obtain <br />a11 of Borrower' s rights and benefits under this Secuxity lnstrument. Borrower shall not be released from <br />Borrower's obligations and liability under this 5ecurity Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />5ection 20) and benefit the successors and assigns af Lender. <br />14. Loan Charges. L,ender may charge Borrower fees for services performed in connection with <br />Borrower' s default, for the purpose of protecting Lender' s interest in the Property and rights under this <br />Security Instrument, 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 Tnstrument to charge a specific <br />fee to Borrower shall not be construed as a prohibitian on the charging of such fee. Lender may not charge <br />fees that are expressly prohibited by this 5ecurity Instrumexa:t 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 charge5 callected or to be collected in connectian 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 />chaa to the permitted limit; and (b) any sums already collected frpm Borrower which exceeded permitted <br />limits will be refunded to Sarrower. Lender may choose to make thas refund by reducing the principal <br />owed under the Note or by making a direct paym�nt to Borrower. If a refund reduc�s principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepaynnent charge is provided for under the Note). Borrower' s acceptance of any such refund made by <br />direct payment to Borrower wiil constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Borrower or Lender in connection with this Secu.rity Instrument <br />rnust be in writing. Any notice to Borrower in cox�nection with this Security Instrument shall be deemed to <br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower' s <br />notice address if sent by other means. Natice to any one Borrower shall constitute notice to a11 Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be tlae Property Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Borrower shal] promptly <br />notify Lender of Borrower' s change of address. If Lender specifies a procedure for reporting Borrower' s <br />change of address, then Borrower shall only repart a change of address through that specified procedure. <br />231037 <br />NEBRASKA - Single Family - Fannie MaelFreddfe Mac UNIFORM INSTRUMENT <br />�-B(N�) (0811) PaAe 10 of 15 �nitia�s: F m 3028 1101 <br />� <br />