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20i100�S� <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 judgznent, precludes forfeiture of the Property or other material <br />irnpairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of <br />any award or claim for darnages that are attributable to the impairment of L.ender'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 repaiar of the Property shall be <br />applied in the order provided for in 5ection 2. <br />12. Box Not Releasecl; Forbearance By Lender Not a Waiver. Extension of the tzme for <br />payrnent or modification of annortization of the sums secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operaCe Co release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against <br />any Successor in Interest of Borrovver or to refuse to extend time for payment or otherwise madify <br />amartization of the sums secured by this Security Instrument by reason of any det�nand made by the ariginal <br />Borcower or any Successors in Intearest of Barrower. Any forbearance by Lender in exercising any right or <br />remedy including, without lirnitation, Lender's acceptance of payments from third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount Chen 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 Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Secu�ity Instniment but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Secutity Instrurnent ozily to mortgage, grant and canvey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree ta extend, modify, forbear or <br />make any accommodations with regard to the tern�s of this Security Instrurnent or the Note without the <br />co-signer's consent. <br />Subject to the provisinns of Secti�n 18, any Successor in Interest of Borrower who assuzne:s <br />Sortower's abligatic�ns � this Secteri:ty Instniment in writing, and is approved by Lender, shall obtain <br />a11 of Borrower's rights � be�e�its under this Security Instnunent. Borrower sha11 nat be rel�ased fmm <br />Barrower's obligations and liabiTity under this Security Instrument unless Lender agrces to such release in <br />writing. 'Fhe cove�nts axtt� a�ts of this Security Instrutxient shall bind (except as pmvidect iri <br />Sectia� 2U} a�ci b�e�t the st�ars ar� assigns of L.ender. <br />l4. La�n C6sr�s. L� �ay c�arge Bc►rrower fees for services perForr�ad in eont�tion with <br />Barrower's clefault, for the ptupose crf pr�ecting L,erider's interest in the Property and rights under this <br />Security Instrim�cxt, incIuc�ing, i�t not Iimit� to, attorneys' f�s, property inspection and valuation fees. <br />In regard to any othez fces, the absence of ea�press authority in this Security Tnstrument to chazge a specific <br />fee to Borrower shatl not be construed as a prohibition on the charging of such fee. Lender may not chazge <br />fces that ar� expressly prohibited by this Security 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 loatt charges collected or to be collected in connection with the Loan exceed the <br />pernutted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the pernuttad limit; and (b) any sums already collected fram Borrower which exceeded pez'tnitted <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 rnaking a direct paytnent 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 />prepayrnent charge is provided for under the Note). Borrower's acceptance of any such refund made by <br />direct payment to Borrower 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 Security Instrument <br />rnust be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given ta Borrower 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 Borrower shall constitute notice ta all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address <br />unless Barrower has designated a substitute notice address by notice to Lender. Borrower shall promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br />change af address, then Borrower shall only report a change of addxess through that speci�ed procedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) (oet t1 Page 10 of 15 Initials: <br />� <br />��� <br />Fprm 302$ 7/07 <br />1 � <br />� <br />