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20�1o2�s� <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 Instrument. The proceeds of <br />any award or claim for damages that aze attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and sha11 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 Borrower shall not operate to release the liability of Bonower <br />or any Successors in Interest of Borrower. Lender 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 original <br />Borrower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payrnents from third persons, entities or <br />Successors in Interest of Borrower or in amounts less than the a�unt then due, shali not be a waiver of or <br />preclude the exercise of any right or remedy. <br />23. Joint and Several Liability; Co-signers; Successors and Assigns Bc>und. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and severhl. F�awever, any Borrower who <br />co-signs this Seeurity Instnunent 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 />ternis of this Security Instrument; (h) is not persoxtaliy obligateci to pay the sums secured by this Security <br />Instn�nent; and (c) agrees that Lender and any ather Borrower can agree to extend, �dify, forbear or <br />make auy �eommodations with regard to the terms of this Seeurity �n�tnuneat or tfle I�Tote without the <br />co-sigz�er's consent. <br />Sutr�e.ct to tt�ee previsioffi of Section 18, any Successar in Interesi af Barrawer wha assu�s <br />Bormwer's obtigations u�der ihis �ecurity Instniment in wriEiag, an� is approved b�r Len�er, shatl obtain <br />all of Borrower"s rig2ets and bemefits un�er this Security in�t. Borrawer shati rtat be reteased from <br />Borrower's Qbligatioms and tiabiiity tmtfier this Security Inscna�nt tr�ess F.erider agrees to such reiease in <br />writing. The eavenax�s and agre�ts of ttris Sec�rity Instruaient shalI binci (excegt as provided in <br />Section 20} and bene�t the �ssors and assigns of Lender. <br />I4. I.aan Charges. I.e�der may c�arge Bvrrower fees for services performed in cor�ection with <br />Borrower's default, far tF� pu�wse of proteeting Lender's ir�terest in the Property and rights ucuier this <br />S�urity I�t, i�uding, but � timited to, atto�ys' fees, PrvpertY inspection and valuation fees. <br />In regard ta �y other fees, t�e ab�e of express authority in Ltus Security Instnu�t to c�earge a specific <br />fee to Borrower s�I nat be c�� as a prohibition on the charging af such fee. Lender may not charge <br />fees that are e�rresst}+ prohibited by ttiis Security Instnunent or by Applicab�e I.aw. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is f�nally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted Iimits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded pernutted <br />limits will be refundect to Borrower. Lender may choose to make ttus refund by reducing the principal <br />owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any grepayment 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 Bonower 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 shall 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 Borrowers <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 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 />NEBRASKA - Single Family - Fa�nie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) �osi i1 Page 10 of 15 �nitia�s: Form 3028 1/01 <br />� <br />l/ V v � � <br />Q <br />