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201i�0�� acceleration has occurred, reinstate as provided in Section 1 9, by causing the action or proceeding ta be disrnissed with a ruling that, in Lender's judgrnent, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to L.ender. All Miscellaneous Proceeds that are not applied to 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. Extension of the time for payrnent or modification of arnortization of the sums secured by this Security Instrument granted by Lender ta Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required Co commence proceedings against any Successar in Interest of Borrower or to refuse to extend tirne for payrnent or otherwise modify amortization af the sums secured by this Security Instrument by reason of any demand rnade by the original Boarrower ox any Successors in Interest of Bonower. Any forbearance by I.ender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waivex of or preclude the exercise of any right or rennedy. 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 the Note (a "co-signer"): (a) is co-signing this Security Instrument only to rnortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is nat personally obligated to pay the surns secured by this Security Ynstrument; and (c) agrees that Lender and any other Borrower can agree to extend, rnodify, forbear or make any accommodations with regard to the terms of this 5ecurity Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assurnes Borrower's obligations under this Security Instrument in writing, and is approved by I.ender, shall obtain all af Borrower's rights and benefits 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 Instrument shall bind (except as pravided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees far services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security rnstrument, including, but not limited ta, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this 5ecurity Instrument to charge a specific fee to Borrower shall 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 pez�mitted limit; and (b) any sums already callected from 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 Nate or by making a direct payrnent to Boz�rower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayrnent charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Barrower will canstitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borcow�r or L.ender in connection with this Security Instrument rnust be in writing. Any notice to Borrower in connection with this Security Instrument 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 oCher means. Notice to any one Borrower shall constitute notice to 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 to L.ender. Borrower shall promptly notify L.ender af Borrower's change af address. If Lender speci�es a procedure for reporting Borrawer's change of address, th�n Borrower sha11 only report a change of address through that specifted procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE1 los>>J Page 10 of 15 in�c�ais: T-�� Form 3028 1/09 � ��