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20�f0526� <br />accelerarion 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 forfeitu.re of the Property or other material <br />impairment of Lender's interest in the Property or rights under this Security Instrument. The procceds of <br />any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and sha11 be paid to Lender. <br />All Miscellan�us 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 modificarion of amortization of the sums secuted by this Security Insmiment granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Bonower <br />or any Successors m Interest of Borrower. Lender shall not be required to commence proccedings against <br />any Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify <br />amortizarion of the sums secured by this Security Instrument by reason of any demand made by the original <br />Bortower or any Successors in Interest of Bonower. ,Any forbearance by Lender in exercising any right or <br />reme�y including, without limitation, Lender's acceptance of payments from third persons, entities or <br />Successors in Interest of Bonower or in amounts less than the amount then due, shall not he a waiver of or <br />preclude the exereise of any right or remedy. <br />Y3. doint and Several Liability; Co-signers; Successors and A�ssigns Bouad. Borrower covenants <br />and agrees that BQrrower's o�rligations and liability sha11 � joint and severai. However, any Borrower who <br />co-signs this Security Instivment but does not execute the l�ote (a "eo-signer°): (a) is co-signing this <br />Seeuriry Instnunent only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Security Instrument; (b) is not personally abligated to pay the sums secured by this Security <br />Instrument; and (c) agrees tttat Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accomznodations witt� regard to the terms of this Security Instrument or the Note without the <br />co-sigser: s consent. <br />Subject to the gmvisions of Section I8, any Successor in Interest of Borrower who assumes <br />Borrower's abligations under this Security Instrument in writin.g, and is apprQVed by L.ender, shall obtain <br />a11 of Borrower's riglits and benefits under this Security Instrument. Borrower shall not be released from <br />�nower's obligations and liabiIity under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instruinent shall hind (except as pmvided in <br />Sectio� 20) and benefit the successors and assigns of Lender. <br />14. Loan Ch�rges. Lender may charge Borrower fees for services performed in cotmection with <br />Borrower's default, for the purrpose of protecting Lender's interest in the Property and rights under this <br />Security Instxvment, i$cluding, but not limited to, attomeys' fees, property inspection and valuation fees. <br />In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific <br />fe.e to Borrower shall not be construed as a pmhibirion on the charging of such fee. Lender may not charge <br />fees that aze expressly prohibited by this Security Instrument 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 collected or to be collected in connecrion with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall ba reduced by the amount ne�essary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower 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 />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 consritute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All norices given by Borrower 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 been given to Borrower when mailed by first class mail or when actually delivered to Bonower's <br />notice address if sent by other means. Notice to any one Borrower shall consritute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address <br />unless Borrower has designated a substitute notice address by notice to Lender. Bonower shall promptly <br />norify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Borrower'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 INSTRUMENT <br />�-6(NE) rosiil Page 10 of 75 In�tials: Form 3028 1/01 <br />� <br />�. . 7 <br />e I� ° I �. " °�- <br />1 � - �� � <br />