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�0�100��� <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 judgrnent, precludes forfeiture of the Praperty or other material <br />impairment of Lender's interest in the Property or rights under this Security Tnstrument. The proceeds of <br />any award or clairn for damages that are attributable to the impairment of Lender's interest in the Property <br />aze hereby assigned and shall be paid to I.ender. <br />All Miscellaneous Pracceds that aze not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of arnortization of the sums secured by this Security Instrurnent granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be requxre� to commence proceedxngs against <br />any Successor in Interest of Barrawer or to refuse to extend tirne for payment ar otherwise modify <br />amortization of the swt�s secured by this Security Instrumeant by reason nf any demand made by the original <br />Borrower or any Successars in Interest of Borrower. Any forbearance by I.ender in exercising any right or <br />rernedy including, without limitation, Lender's acrsptance of payments from third persons, entities or <br />Successors in Interest of Borrower or in amounts less thazi the amount then due, shall nat be a waiver of or <br />preclude the exercise of any �ight or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrovc+er covenants <br />and agrees that Borrower's obligations and liability sha11 be joint and several. Howevcr, any Borrower who <br />co-signs this Security Instnunent but does not execute the Nate (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrurnent; (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 to extend, modify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the Note without the <br />co-signer's ransent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Banower's obligations and liability under this Se�urity Instnunent unless Lender agrees ta such release in <br />writing. The covenants and agreernents of this Security Instrument 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 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, attorn.eys' fees, property inspection and valuation fees. <br />ln regard to any other fees, the absence of express authority in this Security Instnunent 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 Security Instz�ument or by Applicable Law. <br />If the Loan is subject to a law which sets maximurn loan charges, and that law is finally interpreted so <br />that the interest or other loan charges cvllected or to be collected in connection with the Loan exceed the <br />permitted liznits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the pernutted limit; and (b) any sums already collected from Borrower which exceeded pernutted <br />limits will be refunded to Borrawer. I.�nder may choose to make this refund by reducing the principal <br />owed under the Note or by ma�king a direct payrnent to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or nat a <br />prepayment charge is pravided for under the Note). Borrower's acceptance of any such refund made by <br />direct payrnent to Borrower will canstitute 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 L.ender in connection with this Security Instrument <br />must be in writing. Any notice to Borrower in connection with this Se.curity Instrument shall be deemed to <br />have been given to Borrawer when mai.led 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 to all Borrowers <br />unless Applicable Law expressly 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 promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br />chaz�ge of address, then Borrower shall only report a change of address through that specified procedure. <br />NEBRASKA - Single Family - Fannie MaelFreddia Mac UNIFORM INSTRUMENT <br />�-6(NE) �os�ii Page 10 of 16 in�c�ais: Form 302$ 7/Q7 <br />� y% ��,,, <br />