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20110387G <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 herebg assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Property sha11 be <br />applied in the order provided for in Section 2. <br />12. Borrower l�fot Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or m�ification of amortizarion of the sums secured by this Security Instrument granted by Lender <br />to Bonower or any Successor in Interest of Borrower shall not operate to release the liabiliry of Bonower <br />or any Successors m Interest of Bonower. Lender sha11 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 se,cured by this Security Instrument by reason of any demand made by the original <br />Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br />remedy including, without Iimitation, L.ender's acceptance of payments from third persons, entiries or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />pre,clude the exercise of any right or rem�iy. <br />13. doint and Several Liability; Co-signers; Sutcessors sand Assigns Bouad. Borrower covenants <br />and agrees that Honower's obligations and Iiability shall be joint and several. However, any Borrower who <br />co-signs this Security Instntment but �oes 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 Tnsmiment; (b) is not personally obligated ta pay the sums se�ured by this Security <br />Tnstrument; and (c) agrees that Lender and any other �orrower can agree to extend, modify, forbear or <br />maice any accommodations with regard to the terms of this Secvrity Instruffient or the Note without the <br />co-signer's consent. <br />Subject to the p�visions of Section I8, any Successor in Interest of Borrower who a.��� <br />Bonower's abligations under this Security Instrument in writing, and is appmved by Lender, shall ohtain <br />alI of Bflrrawer's rights and benefits under this Security Instrument. Borrower shatl not he released from <br />Bonower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants auc� agreements of this Security Instrument shall bind (excegt as provided in <br />Secrion 20) aud benefit the successors and assigns of I,ender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connecrion with <br />Borrower's default, for the purpose of protecting L.ender's interest in the Property and rights under this <br />Security Instrument, including, but not limited to, attomeys' fees, property insgection aud vatuarion fees. <br />In regard to any other fees, the absence of express authority in this Security Instnunent to charge a specific <br />fe,e to Borrower shall not be constru� as a prohibition on the eharging of such fee. I,ender may not charge <br />fees that aze expressly pmhibited by tYris Security Insmiment 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 the interest or other loan charges callected or to be coll�ted in connection with the Loan exceed the <br />permitted limits, 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 coll�ted from Bonower which exceeded permitted <br />limits will be refunded to Bflrrower. 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 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 Bonower will constitute a waiver of any right of action Bonower 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 shall be deemed to <br />have heen given to Borrower when mailed by first class mail or when actually delivered to Bonower's <br />norice address if sent by other means. Norice to any one Bonower shall constitute notice to a11 Bonowers <br />unless Applicable Law expressly requires otherwise. The notice address sha11 be the Property Address <br />unless Bonower has designated a substitute notice address by notice to Lender. Borrower sha11 promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Bonower's <br />change of address, then Borrower sha11 only report a change of address through that specified procedure. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUIVIENT <br />�-6(NE) (0811) Page 10 of 15 Initlals: <br />� <br />,�S � <br />Form 3028 1/01 <br />A <br />� <br />F . <br />�e �. � A . � ..� .. (,. <br />