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�Q1�0040� <br />acceleration has occurred, reinstate as provided in Section 19, by causing thc actic�n aar proceeding to be <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other inaterial <br />impainnent of Lender's interest in the Property ar rights under this Security Tnstrument. "1'he proceeds c�f <br />any award or cla'rrn for darnages [hat �re attributable to the impairment of Lender's interest in tkit Property <br />are hereby assigned and shall be paid lc� I.ender. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall bc <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lendcr Not a Waiver. Extension of the tirne f�r <br />paymcnt pr modification �f amortization of the sums secured by this Se�.urity InsCrumcnk granted by Lender <br />to Bortower or any Successar in Intcrest of Borrower shall not operate ta release thc liabili[y of $orrower <br />c�r any Successors in InlGrest of Borrower. I,ender shall not b� requircd to commence proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this 5ecurity Instrumenl by reason of any demand made by the original <br />Barrower ar any SuccGSSOrs ►n Interest of Borrower. Any fprbearancG by Lender in exercising any right or <br />remedy including, without lirnitation, L.ender's accaptance of payments from third persons, c;ntikies or <br />Successors in Tnterest of Borrower or in amounts less than lhe amount then due, shall not be a waiver af c>r <br />preclude the exercise of any right or remedy. <br />13. Jaint and Sev�ral Liability; Co-signers; Successars snd A,SSi�ns Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any BorrowGar who <br />co-signs this Security Tnstrument but does nat exe:cute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument anly to mortgage, grant and convey the co-signer's inlcrest in the Property under the <br />tcrms of lhis Security Instrument; (b) is not personally obligated to pay the sums secured by this Securi[y <br />Instrument; and (c) agrees that Lender and any ather Borrower can agree to extend, rnodify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or thc Note without the <br />co-signer's consent. <br />Subject to the prc�visions of Section 18, any Suc;c;cssar in Interest of Borrower who assumes <br />Sorrower's obligations under this Security Instrument in writing, and is approved by L,ender, shall obtain <br />all of Borrower's rights and benefits under this Sec;urity Instrument. T3orrower shall not be relcased from <br />Borrower's obligatians and liability undcr this Security Instrurnent unless L,end�r agrees to such release in <br />writing. 'lfie covenants and agreemcnts of this Security Instrument sha11 bind (except as provided in <br />Scction 20) and benefit the successors and assigns of I.�;nder. <br />14. Loan Charges. Lt;nd�r may charge Borrower fees for s�rvices performed in connection with <br />Borrower's default, for the purp�s� of protecting T,ender's interest in th� Prciperty and rights under this <br />Sccurity Instrument, including, but not limited to, attaraneys" fees, property inspection and valualion fees. <br />In regard to any other fces, the absence of express auttxc�rity in this Security lnstrument to charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. I.,endcr may not charge <br />fces that are expressly prohibited by this Security Inscrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan �harges, and that law is finally interpreted so <br />that the interest or other loan charges coll�ctcd c�r to be collected in connection wich lhc I,oan exceed the <br />permitted limits, then: (a) any such laan charge shall be reduced by ths amaunt neccssary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exc�cded permitted <br />limits will be refunded to Borrower. L,ender may chC�ose to make this refund by reducing the principal <br />awed und�r ihc Not�: or by making a direct payment to Bprrc�wer. Tf a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment Gharge (whether or not a <br />prepayment charge is provided for under the NUtc). 13orrower's acceptance af any such refund made by <br />direct paymcnt lo Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notice5. All notices givcn by Borrower or L.ender in t;anncction with this Securiry Instrumcnl <br />must be in writing. Any notice tc� Bc�rrower in connection with this Securily Instrument shall be deemed lo <br />have been given tp Borrnwcr when mailed by first class mail c�r when actually delivered to Borrower"s <br />notice address if sent by other means. Notice to any one Bonrower shall constitute notice to all Borrc�w�rs <br />unless Applicable Law expressly requires otherwise. 'T�e notice address shall be the Property Address <br />unless Borrower has designated a substitute n�>ticc address by notice to I.,ender. Borrower shall promptly <br />notify I.e:nder of Borrower"s change of address. If I,ender specifies a procedure far rc:porting Borrower's <br />change of addrtss, khc:n Borrower shall only report a change of address through that sp�cified procedure. <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 <br />�-6(NE) wai i i Paqe 10 af 16 initi�is: � Form 3028 7l01 <br />�. � /� <br />