201100489 - Laserfiche WebLink

Browse

��iiQ0��9 acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgrnent, precludes farfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this 5ecurity Instrument. The proceeds of any award or claim for damages that are attributable to the itnpairment of Lender's interest in the Property are hereby assigned and sha11 be paid to Lender. All Miscellaneous Proceeds that are not applied ta restoration or repair of the Praperty shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extensian of the time for payment or modification of arnortization of the sums secured by this Security lnstrument granted by Lender to Borrower ar any Successor in Interest of Borrower shall not operate to release the liability of Borrawer ar any Successors in Interest of Borrower. Lender shall not be required to cammence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any deznand made by the original Barrawer or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without lirnitation, Lender's acceptance of payments from third persons, entities or 5uccessors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver oF or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. 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 the Note (a "co-signer"): (a) is co-signing this Security Instrument only to martgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instzvznent; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Barrower who assuznes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefiCs under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security InsCrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Sorrower fees for services performed in connection wiCh Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited ta, attorneys' fees, property inspection and valuatian fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower sha11 not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected frorn Borrower which exceeded permitted limits will be refunded to Borrower. L,�nder may choose to make this refund by reducing the principal owed under the Note or by making a direct payrnent 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 acceptance of any such refund made by direct payment to Borrower will canstitute a waiver of any right of action Borrawer might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security lnstrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice ta all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice Ca Lender. Borrower shall prornptly notify Lender of Borrower's change af address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that speci�ed procadure. NEBRASKA - Single Family - Fannia Mee/Freddie Mac UNIFORM INSTRUMENT �-6(NE) loettl Paae io or i5 �n�t�a�s: Form 3028 1/01