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201i004�3 <br />acceleration has occurred, reinstate as provided in Section 19, by C1ilFltl� tI7C action or procecding to be <br />disinissed with a ruling that, in Lender'� judgment, precludes Iorleilure of lhe Property or other ►nalerial <br />impainnent of Lender's interest in the Property or rights under this Securrty Instrument. The proceed5 of <br />any award or claim for dama�cs that are attributahle to the impairment of Lender's interest in the Property <br />ure hereby as�igned and �kiaJl he paid to Lender. <br />All Mi�ecllancou� Praceed� that ate not applied to resloraCion or repair of lhe Ptoperly shall be <br />applicd in the or�ler providecl for in Section 2. <br />12. Bnrrc►wcr Nut Releascd; Forbcarancc By Lender Nat a Wriver. Extension of the tiine for <br />payinent or modification of am�rtization of tht Gurn� secured by thie Security In:�trixment granted by Lender <br />to Borrower or any Successor in Intcrest of i3orrowcr shall n��t operate to release the liahility nf Borrower <br />or any Successors in Interest of Iii�rrnwer_ �eniler shall not be required io cotnmenceproceedings against <br />any Successc�r in Interest of Borrower or to refitse to cxtend timc for payment nr ntherwise modify <br />art�oxtization of the �urny secured by this Sccurity Instn�mcnt by rcason of any dcrnand rnade by the original <br />Tiorrower or any SucceSSOrs in Interest of i3orrowcr. Aray #orbearance by Lendcr i�i exercising any right or <br />remedy inclu�ling, wittaout limiialion, Lender's acceptance of payments from third persons, entities or <br />5ucecss<�rs ira Interest nf Bottower or in ainounts less than the amount thcn due, shall not he a waivcr of or <br />preclude lhe exercise of any ri�ht or reme�ly. <br />l3. .Toint and Scveral Liability; Cn-signers; Successorti and Assigns Bound. J3nrrowcr covcnants <br />and u�rees that [3orrower's obligatii�ns and liability shall be joinl and several. IIowever, any Borrowet who <br />co-siens this Security Instn�ment hut dnes noi execute the Nole (a "co-signer"): (a) is co-signing this <br />Sccurity Intitnt►nent anly to mortgage, grant and convcy the co-si�ner'ti intcrest in the Property undcr the <br />tcrm� ��f ttiis Security Instturnent; (b) is not personally obligated to pay the surns tiecu.red hy this Sccurity <br />Intitnunent; and (c) agrecs that Lender and any uther Borrower can agree to extend, modily, forbeat ot <br />muke any accommodationti with regard to the tenns ol� this Securily Instruinent or the Note withoul lhe <br />co-signer's consent_ <br />Suhject tu the provisions of Sectinn 1$, any Successor in Interest of I3orrower who assumcs <br />Borrower's obligations tiinder this Securiiy Insirwnent in writing, and is approved by Lender, shall obtain <br />all of Borrower's rigl�ts and hcneftts under this Secutity Instrument. Borrower �hall nol be teleased itom <br />Borrowcr's obligatic�nti and liahiliiy under this Security Instrumcnt unless Lender agrccs to such rclease in <br />writing_ '1'he epvenatatti and agteements of this Security Instnunent shall bind (cxcept as pr�vided in <br />Sectian 20) and benelil lhe successors and atisigns of Lender. <br />14. Loan Charges, Lendet inay charge Borrower fccs for s�rvices pertonncd in connection with <br />$orrower's default, fi�r the ptupo�e oP protecCin� Lender's interest in the Property and rights under this <br />Secutily Instnunent, including, hut not limited io, atlorneys' fees, property inspection and valuation fees. <br />In tegatcl to any other fees, the ab�ence c�f expresa authotity in thi� Security Insl.tument io chatge a specitic <br />fcc to Borrower shall noi be constn�ed as a prohibitinn on the charging c>F �uch fee. Lender may not charge <br />fecs that are expre5aly prohibiled by this Security Instn�mcnt �r by Applicahle Law_ <br />If t.he Loan is subjecl to a law which sct� maximutn loan charges, and that law is finally interpreted so <br />thai the interest or other loan chargeti enllected nr to be c��lleciecl in connecl.ion with the Loan exceed t.he <br />pennil.ted liinits, then= (a) any such loan chatge �hall be teduced by the amount necessary to reduce the <br />charge to ihe pennitted liinit; and (h) any sums alrea�ly collecte�l 1'toin Borrowet which exceeded pennitied <br />li�nits will be refunded to Bottower. Lender inay choo�e to makc this refiind hy reducing the principal <br />owed und�r the Note or hy making a direct payment to Borrowcr. If a refimd reduces principal, the <br />reduction will be treated as a partial prepayment without any ptepayment charge (whether or not a <br />prepayment charge 'rs provided for un�ler the Note). Bottower'S acceplance of uny such rehuid made by <br />direct payment to $otrower wi11 constih�tc a waiver of� aziy right of action Borrnwer might have ati�ing nut <br />of such overchurge. <br />15. Notiees. All noticcs given by Sarrower +�r Lendet in connection wilh lhis Security Inslrument <br />inust hc in writing. Any notice to $orrower in connection with this Sccurity Instniment �hall he deemed to <br />have bcen given lo Borrower when �nailcd by first class tr.iaiJ ��r when achially delivered ta Borrower's <br />notice address if yent by olher means. Nnticc to any nnc i3orrower sha11 con�titute notice to all Bc�rrowers <br />11I1�CSS Applicahle Law expre�5ly requires otherwisc_ '1`hc noticc addretis shall be the Property Addre�s <br />unless I3orrower hus designated a substittirte notice addretiti by notice to Lendcr_ C3orrower shall promptly <br />notify Lender of Borrawer'� change of address. Il' Lender specifies a procedti�re for rcporting Borrowcr's <br />change of address, theq .Borrowet shall only reporl a change of address through that specificd pmccdure. <br />NEBRASKA- 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�N7 <br />�-6(NE)(o81i) PageiUof�5 Initiais; � Form3028 1/01 <br />���� <br />