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2011U3269 <br />accelerarion has occurred, reinstate as pmvided in Section 19, by causing the action or proceeding to be <br />dismissed with a tvling that, in Lender's judgment, precludes forfeihue of the Property or other material <br />impairment of Lender's interest in the Properly or rights under this Security Instrument. The proceeds of <br />any awatd or claim for damages that are attributable to the itnpairment of Lender's interest in the Propetty <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 />applied in the order provided for in Secrion 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 Inslrument graated by Lender <br />to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Borrower <br />or any Successors in Interest of Borrower. Lender shall not be required to commenceproceedings against <br />any Successor in Interest of Bortower or to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Security Insttument by reason of any demand made by the original <br />Bortower or any Successors in Interest of Bonower. Any forbeara.nce by Lender in exercising any right or <br />remedy including, without limitation, Lender's acceptance of payments from third persons, enrities or <br />Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; 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 Ins�vment but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Insttvvment only to mortgage, gtant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not peisonally 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 accommodaYions with regatd to the terms of this Secutity Instrument or the Note without the <br />co-signer's consent. <br />Subject to the provisions of 5ecrion 18, any Successor in Interest of Borrower who assumes <br />Bonower's obligations under this Se,curity Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower's obligations and liability under this 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 2Q) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Bonower 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 Insirument, including, but not limited to, attorneys' fees, property inspecrion and valuarion fees. <br />In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific <br />fee to Bortower shall not be con.strued as a prohibition on the charging of such fee. Lender may not charge <br />fees that aze expressly prohibited by this Security InstrUment or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and tha.t law is finally 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 loan charge shall be reduced by the amouat necessary to reduce the <br />charge to the permitted limit; and (b} any sums already collected from Borrower which exceeded permitted <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 Borrower. If a refund reducea 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 Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All norices given by Bonower or Lender in connection with this Security InsCrument <br />must be in writing. Any norice to Bortower in connection with this Security Instcument sha.11 be deemed to <br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br />norice address if sent by other means. Notice to any one Borrower shall constitute norice 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. Bonower shall promptlg <br />notify Lender of Bortower's change of addtess. If Lender specifies a procedute for reporting Bortower's <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />NEBRASKA- Single Family - Fannie MaetFreddle Mac UNIFORAA INSTRUMENT <br />�-6(NE) (oe� 1) Pega 10 of 15 Initials: FOrn13028 1101 <br />