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2 0��Q5173 <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment of Lende�s interest in the Property or rights under this Secimty Instrument. The proceeds of <br />any award ar claim for damages tk�at are auribntable to the impairmeat of Lendei's interest in the Property <br />are liereby assigned and shall hepa�d to Lender. <br />All Mi�ellaneous Proceeds ttrat are not applied to restoration or repair of tk►e Properiy sliall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Rele�s�d; Forbearanee By Lender Not a Waiver. Extension of the time for <br />payment or modificarion of amortization of the sums secured by this Security Instsument granted by Lender <br />to Boaower or any Successor in Interest of Borrower shall not aperate to release the liability of Borrower <br />or a� Sucxessors in Iaterest of Borrower. Lender shall not be required to commence proceediags against <br />any Success�r in Interest af Borrower or to refuse to extend time for payment or otherwiae modify <br />amortization of the sums secured by this Security Inslxument 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 includin$, without 1'unitatioq Lender's acceptance of paymeuts from third persons, emities or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Jourt and 38veral Liability; Co-s9gners; Successors and Assigns Boand. Bonrower covenants <br />and agrees that Banower's obliga#ions and liability shall be joint and several. However, any Bonower who <br />co-signs this Security L�strument but does not execute the Note (a "co-signer"): (a) is co-sigaiag this <br />Security Instrument only to mortgage, grant and convey the co-signer's intere�st in the Property t�nder the <br />terms of t}us Security Instrumetrt; (b) is not personally obligated to pay the sums seciuued by this Security <br />Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the temLS of this Security Instrumeut or the Note without the <br />co-signer's consent. <br />Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br />Borrowet's obligations nnder this Security Instrument in writing, and is approved by Lender, shatl obtain <br />all of Borrower's rights and benefits under this Security Instaument. Borrower shall not be released from <br />Bonower's obligations and liability under t}�is Security InstYVment unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assi$ns of Lender. <br />14. Loan Charges. L�nder may charge �onower fees for services performed in com►ecrion with <br />Bonower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Inshvme�t, including, but not limited to, attorneys' fees, praperty inspection and valuation fees. <br />In regard to any other fees, the absence of expresa authority in this Security Instxument to charge a specific <br />fee to Borrower shall not be constxued as a prohibition on the ch�ging of such fee. L�ender may not charge <br />fees that are expressly prohibited by this Se,curity Instivment or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan chazges, and t}�at law is finally interpreted so <br />that the interest or other loan charges collected or to he collected in connection with the Laan exceed the <br />permitted limits, tlien: (a) any such laan charge shall be reduced by the amouat necessary to rednce t�e <br />charge to the permitted limit; and (b) any sums already collected from Borrower wbich exceeded permitted <br />limits will be refunded to Boaower. Lender may choose to make this refund by reducing the principal <br />owed under tlie 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 c}�arge (whether or nat a <br />prepayme� charge is provided for nnder the Note). Brnrower's acceptanae of any such refund made by <br />direct paymeat to Bonower will constitpte a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />iS. Notices. All notices given by Borrower or Lender in connection with this Security Instrument <br />must be in writing. Any notice to Borrower in connection with this Security Inst�ument shall be deemed to <br />have been given to Borrower when mailed by first class mail or a+hen actually delivered to Borrower's <br />notice address if sent by other means. Notice to any one Bonower shall constitirte notice to all Borrowers <br />unles�s Applicable Law expressly requires otherwise. The notice address shall be the Property Address <br />unless Borrower has designated a substitnte notice address by notice to Lender. Borrower shall promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Brnrower's <br />change of address, then Borrower sha11 only report a change of address through that specified procalure. <br />NEBRASKA- Stng� Family - FannleMae/FreddieRAaa UMIFORAA INSTRUMEN7 WITH MER <br />�-6A(ME) los�o7 r�aea �a or �s m�ua�s; �u Form 3028 7/01 <br />�� < <br />ai i��!�������Z��!�miiaiiaioi <br />