Laserfiche WebLink
2U1104121 <br />acceleration has occurred, reinstate as provided in Secrion 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 Insmiment. The proceeds of <br />any award or claim for damages that aze attributable to the impairment of Lender's interest in the Property <br />aze hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that aze not applied to restorarion 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 Se,curity Instrument granted 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 commence proceedmgs 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 Instnunent by reason of any demand made by the original <br />Bonower or any Successors in Interest of Burrower. Any forbearance by I.ender in exercising any right or <br />remedy including, without limitarion, Lender's acceptance of payments from third persons, enrities or <br />Successors in Inter�t of Borrower or in amounts less tlian the amount then due, shatl not be a waiver of or <br />grealude the exercise of azty right or remedy. <br />13. Joint and Several Liability; Co-sigr►ers; Successors anc� .4ssigns BF►�. Bc�rrower covenants <br />aud agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this 5ecu.rity Tustrument but da�s not execute the Note (a "co-signer"): (a) is co-signiag this <br />Security Instrument onPy to mortgage, grant anc� convey the co-signer's interest in the Properiy under the <br />terms of this �eurity Instrnment; (b) is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees that Lenrler and any other Bonower can agree ta extend, modify, forbear or <br />make any ac.co�odations with regarct ta the terms of tlus Security Tnstrument or the Note without the <br />co-signer's consent. <br />Subject m the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Banower's ohligations v�der this Security Instrument in writing, and is approved by Lender, shatl obtai� <br />all of Borrovver's rights and benefits un�er tliis Security rr,crrnm�rn. &,rnower sha1l not be released from <br />Borrower's obligations and liability under this S�urity Instrument unless I.en�er agrees to such release in <br />writing. 'Phe covenants an� agreements of tlus Security Instrument sha11 bind (except as provicled i�. <br />Section ZO) and benefit the successors and assigns of Lender. <br />14. Loan Charges. L.ender may charge �rrower fees for services performec� in conne,ctioa with <br />Borrower's c�efault, for the purpose of protecting I.ender's interest in the Property anct rights under this <br />Se,curity Instrument, includiIIg, but not limited to, attorneys' fees, property inspection aad valuation fees. <br />In regazd to any otker fees, the absence of express authority in this 3ecurity Instrament to ckatge a specifrc <br />fee to Borrower shatl not be canstrued as a prohibirion on the charging of such f�. L,eader may not charge <br />fees tl�at are expressly prohibited by this Security Insmiment or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so <br />that the interest or other loan charges coll�ted 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 amount necessary to reduce the <br />chazge to the permitted limit; and (b) any sums already collected from Bonower which exceeded permitted <br />limits will be refunded to Bonower. 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 />reducrion 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 notices given by Borrower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Borrower in conne,ction with this Security Instrument shall be deemed to <br />ha.ve been given to Bonower when mailed by first class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Norice to any one Bonower shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice addsess 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 Bonower's <br />change of address, then Borrower sha11 only report a change of address through that specified procedure. <br />111EBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �� <br />�-6(NE) (osi i� Page 10 of 15 io�c�ais: �\V \ Form 3028 1/01 <br />� �*_' <br />, 'k1 <br />C�� <br />