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� 201104047 acceleraCion has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages xhat aze attributable to the impairment of Lender's interest in the Property aze hereby assigned and shaU be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by I.ender to Borrower or any Successor in Interest of Bonower sha11 not operate to release the liability of Borrower =- or any Successors m Interest af Borrower. Lender sha11 not be required to connmence proceedings 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 reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants � and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Secwrity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security InstrumenC; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or Che Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lendez, sha11 obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from �- Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in wriCing. The covenants and agreements of this Security Instrument shall bind (except as provided in SecCion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in connection with Bortower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regazd to any other fees, the absence of express authority in this Security Instrument to chazge a specific fee to Borrower sha11 not be construed as a prohibition on the charging of such fee. Lender may not charge fees that aze expressly prohibited by tlus Security Instrument or by Applicable Law, If the Loan is subject to a law which sets maximum loan chazges, 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 sha11 be reduced by the amount necessary to reduce the -- charge to the pernutted limit; and (b) any sums already colle�ted from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal — owed under the Note or by making a direct payment to Bonower. 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 Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. NoNcec. All notices given by Borrower or Lender in connection with this Security Instrument �*� must be in writing. Any notice to Bortower in connection with this Security Instrument shall be deemed to — have been given to Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if senC by other means. Notice to any one Bonower shall constitute notice to a11 Borrowers unless Applicable Law expressly requires otherwise. The norice address shall be the Property Address unless Bonower has designaCed a substitute notice address by notice to Lender. Bonower sha11 promptly notify I.ender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower'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 j�s� �-61NE) (oat tJ Page 10 of 15 Innieis: Form 3025 1/01 0 � ' . . `�,1 �� i , , �„ A� � � ('