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�Oii�O��� <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceedir�g to be <br />dismissed with a rulin�; 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 this Security Instrument. The proceeds of <br />any award or claim for damages that are attributable to the impairrnent 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 sha11 be <br />applied in the order provided for in Section 2. <br />12. Sorrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or rnodification of amortization of the surns secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall nat op�rate to release the ]iability of Borrower <br />or any Successors in Interest of Borrower. �.ender sha11 not be required to cornrnence proceedings against <br />any Successor in Interest of Borrpwer or to refuse to extend time for payment or otherwise rnodify <br />amartization of the sums secured by this Security Instrument by reason pf any demand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender' s acceptance of payments from third persons, entities pr <br />Successors in Interest of Borrower or in amounts less than tkie 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 Eound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower 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 mnrtgage, grant and convey the co�signer' s interest in the Property under the <br />terzns af this Security Instrument; (b) is not personally obli�ated to pay the sums secured by this Security <br />Instz and (c) agrees that Lender and any other Borrower can agree t� extend, modify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the Npte without the <br />co-signer' s consent. <br />Subject to the provisians of 5ection I8, any Successor in Interest of Borrow�r who a.ssumes <br />Borrower' s obligations under this Security Instrument in writing, and is approved by Lender, shal] obtain <br />a11 of Barrower' s rights and benefits under this Security Instrument. Borrowar sha11 noC be released from <br />Borrower's obligations and liability under this Security Instrurnent unless Lender agrees to such release in <br />writing. The covenants and agreements of this 5ecuriry Inst� shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connectipn with <br />Borrovver' 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 feea, the absence of express authority in this Security Instrument to charge a specific <br />fee to Borrower shall nat be canstrued as a prohibition on the charging of such fee. Lender may not charge <br />fees that are expressly prohibited by this Security Instrument or hy Applicable Law. <br />If the Loan is subjecC to a law which set5 maxirnum 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 Laan excaed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge ta the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted <br />limits will be refunded to Borrower. Lender may chaose to make this refund by reducing the principal <br />owed under the Note or by xnaking a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayment char�e is provided for under the Note). Borrower' s acceptance of any such refund made by <br />direct payment to Barrower will 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 SecuriCy Instrument <br />must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given ta Borrower when �nailed by first class mail or when actually delivered to Borrower' s <br />�aotice address if sent by ather means. Notice to any one Borrower shall constitute notice to a11 Borrowers <br />unless Applicable Law expz'essly 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 proznptly <br />notify Lender o£ Borrower' s chan�e af address. If Lender specifies a procedure for reporting Sorrower' s <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />23103$ <br />N�BRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT � <br />�-B,N�) (0811) Page 10 of 15 �nitia�s: �m Form 3028 1/07 <br />� <br />