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20i�oo314 acceleration has occurred, reinstate as provided in Section 19, by causing the actian or proceeding to be disrnissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impaitxnent of L,ender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for da�r►ages that are attribuCable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that at'e not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lepder Nat a Waiver. �xtension of the time for payment or modi�ication of amortization of the sums secured by this Security Instnunent granted by L.ender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successars in Ynterest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest af Borrower ar to refuse to extend titne foz' payment or atherwise modify amortization of the surns secured by this Security Insttvment by reason of any demand rnade by the original $orrower or any Successors in Interest of Borrower. Any farbearance by Lender in exercising any right or remedy including, without limitation, C.ender's acceptance of payments from tl�ird persons, entities or Successors in InCerasC af Barrower or in amounts less than the amount then due, shall nat be a waiver of or preclude the exercise of any right or rernedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrurnent but does not execute Che Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the tertns of this Security Instnunent; (b) is not personally obligated to pay the sums secured by this Security Instrurnent; and (c) agrees that I,ender and any other Bonower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. 5ubject ta the provisions of Section 18, any Successor in Interest of Borrawer who assumes Borrawer's obligations under this Security Instnunent in writing, and is approved by Lender, shall obtai� aIl of Borrower's rights and bene�ts under this Security Instnunent. Borrowec sha11 nat be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agr�merns of this Security Instzwnent shall bind (except as provided in Sectian 2p) and bene�c the successors and assigns of Lender. 14. Laan Charges. Lender rnay chazge Barrawer fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Praperty and rights under this Security Instz�ument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence af express authority in this Security instrument to chazge a specific fee ta Borrawer shall nat be construed as a prohibition on the charging of such fee. I.ender may not charge fees that are expressly prohibited by this Secuxity Instnunent or by Applicable Law. If the T_.oan is subject to a Taw which sets rnaxirnurn loan charges, and that law is finally interpreted so that the interest or other loan charges callected or to be collected in connection with the L.oan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necESSary to reduce the charge to the pernutted limit; and (b) any sums already collected from Borrower which exceeded pemutted limits will be refunded to Borrowar. Lender may choose to rnake this reftutd by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptattce af any such refund made by direct payment to Bonower will constitute a waiver of any right af action Borrower might have arising out of such overcharge. 1S. Notices. All notices given by Borrower or I.,ender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Insttvznent shall be deemed to have been given to Borrower when mailed by first class mail ar when actually delivered to Borrower's natice address if sent by other means. Notice to any one Borrower shall constitute notice ta all Borrowers unless Applicable Law expressly requires atherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If L.ender specifies a procedure for reporting Borrower's change of address, then Borrower shall vnly report a change of address through that speci�ed procedure. NEeRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61N�1 �osi n Page 10 of 15 Initials: FOrm 302$ 7/07 � L�