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20110355C acceleration has occuned, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, pre,cludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instnunent. The proceeds of any awazd or claim for damages that aze amibutable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that aze not applied to restorarion or repair of the Property shall be applied in the order provided for in S�rion 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or madification of amortizarion of the sums secured by tlus Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors m Interest of Barrower. Lender shall not be required to commence procee�ngs against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by re�.son af any demand made by the original Borrower or atty Sucxessors in Interest of Borrower. Any forbeaa�ance by Lender in exercising any right or remedy including, without Iimitation, Lender's acceptance of payments from third �rsons, entiries or Successors in Interest of Borrower or in amounts less than the affiount then due, sha11 not be a waiver of or preelude the exercise of any right or remedY- 13. Jflint �d 5e�c�aT Liability; Co-signers; Succe,ssors am3 Assigns Bnund. Borrower covenants and agrees tliat �orrower's obligations and liability shall be joint and several. However, any Borrower wko co-signs this Security Instrument but does not exe,cute the 1Vote (a "co-signer"): (a) is co-signing this Security I�ctrnme�r or�y to mortgage, grant and convey the co-signer's interest in the Property under the terms o£ this Security Instntmern; (b) is not personally obligated to pay the sums secured by this Security Instrument; and. (c} agrees t�at Lender and any other Borrower caa agree to extend, modify, forbear or make any accommo�aEians with. regar� ta the terms of tY►is Securiiy �nttrnm�,t or the Note without the co-signer's cons�at. 3ubje,ct tQ the provtsioffi of Section 18, any Sucr.essor iu Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, arni is approved by 1'.,�der, sha1l obtain all of Borrower's rights and benefits unt�er this S�curity Instrument. &israwer shall not be released from Borrovvver's obligations and Iiability under this Security Instrument unless I,ender agrees to such release in writing. The covenants and agreements of this Security Instrument shati bind (except as provided in Section 20) and benefit the suceessors a�i assigns of LeIIder. 14. Loaa Charges. Lender may charge Borrower fees for services performed in connecrion with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Securiiy In,stYVffient, including, bu� not limited to, attorneys' fees, property inspe.crion and vatuaCion fees. In regard to any other fees, the absence of exgress authority ia tlus Security Instrument to charge a specific fe.e ta Borrawer shall not be construed as a pro}ubition on the charging of such fee. Lender may not charge fees that aze expressly proflibited by this Security Instrument or by AppTicable I,aw. ff the Loan is subject to a law which sets masimum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be r�uced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums atready collected from Borrower which exceeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Banower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Bonower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have be.cn given to Borrower when.mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Bonower shall constitute notice to all Borrowers unless Applicable La.w expressly requires otherwise. The notice address shall be the Properly Address uuless Bonower has designated a substitute notice address by norice to Lender. Bonower sha11 promptly notify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonower's change of address, then Borrower shall only report a change of address through that specified procedure. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) ros� �� Page 10 of 15 inictais: Form 3028 1/07 0 / � e 9 V � �