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201100929 <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 judgment, precludes forfeiture of the Property or other material <br />impairment of Lender's interest in the Property or rights under this Security Instnunent. The proceeds of <br />any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are 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 amortization of the sums secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Bonower <br />or any Successors in Interest of Borrower. I,ender shall not be required to commence proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Security Instrument by reason of any demand made by the originai <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments from third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, sha11 not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Casigners; Successors and Assigns Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Security Instrument but does not execute the Note (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 Instrument; (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 lnstrument or the Note without the <br />eo-signer's corisent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrower's obiigarions under this Security �nstrument in writing, anct is approved by Lender, shall obtain <br />alI of Borrc�wer's rights and benef�ts uuder this Seeurity Instrument. Borrower shall not be reIeased frorn <br />Borrawer's obiigations and Iiability under this Security Instniment untess Lender agrees to such reiease in <br />writing. The covenants auct agreements Qf this Security Instnunent shall bind (except as provided in <br />Section 20) anct benefit the �so�rs and assigns of I.ender. <br />I4. Loan C�rg�es Le� may charge Borrawer fees for services gerformed in conrrecrion with <br />Borrower's default, for t� p�rgase of grotectixig Lender's interest in the Property and rights under this <br />Security Instrument, ir�eFuding, bu� �t Iimited to, attvrneys` fees PmPeriY insgection anci vaivation fees. <br />In regard ta any ather fees, the abs�e of eagre�.s authority in this Security Instnunent to charge a specifc <br />fee to Borrower s�hatl not be cc�nstnzect as a prohibition on the charging of such fee. Lender may not charge <br />f�s that are expressly prohibited by ttus Security Instrument or by Applicable Law. <br />If the Loan is subject tv a law which sets maximum loan charges, and that law is fmally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such 1oan charge shall be reduced by the amount necessary to reduce the <br />chazge to the permitted limit; and (b) any sums already collected from Borrower which exceeded pernutted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal <br />owed under the Note or by making a direct payment to Bonower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment charge (whether or not a <br />prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by <br />direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices given by Bonower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Bonower in connection with this Security Instrument sha11 be deemed to <br />have been given to Borrower when mailed 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 Bonowers <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 L.�nder of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM iNSTRUMENT <br />�-61NE) (oai il Page 10 of 15 �nitia�s: Form 3028 1/01 <br />m <br />