Laserfiche WebLink
20,,110263'7 <br />dismissed with a ruling that, in Lender's jud�nent, precludes forfeiture of the Property or other material <br />impairment of Lender' s interest in the Property or rights under this Security Instrument. The proceeds of <br />any award or claim for damaaes that are amibutable to the impairment of Lender's interest in the Property <br />aze hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that aze not applied to restoration or repair of the Property shall be <br />appiied 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 Bonower or any S�ccessor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Sliccessors in interest of Bonower. Lender shall not be required to commence proceedings aaainst <br />any Successor in Interest of Borrower or to refuse to extend time for payznent or otherwise modify <br />amortir.ation of the sums secured by this Securiiy Inshvmeni by reason of any demand made by the origival <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 Boirowez or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the eacercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants <br />and agrees that Borrower's obiigations and iiabiiity shall be joint and several. However, any Borrower who <br />co-signs this Security Instr�mzent but does not eacecute the Note (a "co-signer"): (a) is co-signing ttris <br />Security Instrument only to moztgage, grant anfl convey the co-signer's interest in the Property under the <br />terms of tbus Security Instrument; (b) is not personally obligated to pay the sums secured by this Security <br />Insi�ument; and (c) a�rees that Lender and any other Borrower can a�ee to extend, modify, forbear or <br />make any accommodations with regard to the terms of ttris Security Instrument or the Note without the <br />casigner's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Barrower who assumes <br />Bonower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />ali of Borrower's rights and benefits uader this Security InstrumenL Borrower shall not be released from <br />Borrower's obligations and liability under tlus Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instnvment, including, but not limited to, attomeys' fees, property inspection and valuation fees. <br />In regazd to any other fees, the absence of express authority in this Security Instrument to chazge a specific <br />fee to Bonower shall not be construed as a prohibirion on the charging of such fee. Lender may not charge <br />fees that aze expressly prohibited by this Security Instr�ment or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that tbe inierest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such loan chazge 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 per•mitted <br />limits will be refunded to Borrower. Lender znay choose to make this refund by reducing the principal <br />owed under the Note or by malang a direct payment to Borrower. 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). Borrower's acceptance of any such refund made by <br />direct payment to Bonrower 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 Borrower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Borrower 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 Bonower's <br />notice address if sent by other means. Norice to any one Bonower shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwisa. The notice address shall be the Property Address <br />uniess Borrower has designated a substitute notice address by notice to Lendet. Borrower shall prompfly <br />notify Lender of Bonower' 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 />2200093927 D V6ANE <br />NE8RA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH �RS <br />�-6A(NE) �os�o� Page 10 oT 16 i�;t;ais: � Form 3028 1/01 <br />m <br />