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��11�0�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 judgment, precludes forfeiture of the Property or othex material impairment of Lender's interest in the Property or rights under this Security Instrurnent. The proceeds of any award or claim far damages that are attributable to the impairment of Lender's interest in the Property are hcreby assigned and shall be paid to Lender. All Miscsllaneous Proceeds that are not applied to restoration or repair of the Property 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 payment or modification of amortization of the sums secured by this Security Instrurnent granted by Lender to Borrower or any 5uccessor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in I�terest of Borrower. Lender shall not be required to cornrnence pxoceedings against any Successor in Interest of Barrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Barrower or any Successors in Interest of Borrower. Any forbearance by I,ender in exercising any right ar remedy including, without liziaitation, L,Qnder's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in arnounts less than the arnount 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 Bound. Borrower covenants and agrees that Borrower's obligations and liabiliCy shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant azid convey the co-signer's interest in the Property under the terms o� this Security Instrument; (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 aziy accommodations with regard to the terms of th,is Security Instrurnent or the Note withaut the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by L.ender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrawer shall not be released frorn Borrower's obligations and liability under this Security Instrument unless L,ender agrees to such release in writing. The cavenants and agreements of this Security Instrument shall bind (except as provided in Sectian 20) and benefit the successors and assigns of Lender. 14. Loan Charges. L.ender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of proCecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security 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 5ecurity Instrument or by Applicable Law. If the L.oan 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 I.oan 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 fram Barrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment ta 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 constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or L,ender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security lnstrument shall be deerned to have been given to Borrower when mailed by �rst class maal or when actually delivered to Borrower's notice address if sent by other 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 Lezader. Borrower sha11 promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-g(NE) (0811) Page 10 of 15 Initials: m .--�-� � C� Form 3028 1 / 9