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�0�1055�3 <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 I.ender's judgment, precludes forfeiture of the Property or other material <br />impairment of Lender's interest in the Property or rights under this Securiry Instrument. The proceeds of <br />any award or claim for damages that are attributable to the impairment of I,ender's interest in the Property <br />aze hereby assigned and shall be paid to Lender. <br />All Miscellan�us Proceads that aze not applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. �rrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of amortization of the sums s�ured by tlus Security Inswment granted by Lender <br />to Borzower or any Successor in Interest of Bonower shail not operate to release the liability of Bonower <br />or any Successors ui Interest of Bonower. Lender shall not be required to commence proc.eedmgs against <br />any Successor in Interest of Bonower 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 />Borrower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or <br />remedy 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 be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; 5uccessors and Assigns Bound. Borrower covenants <br />and agrces that Bonower's obligations and liability shall be joint and several. However, any Borrower who <br />co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Insm�ment 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 obligated to pay the sums secured by tlus Security <br />Instrument; and (c) agrees that I.ender and any other Bonower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms of tlus Securiry Instrument or the Note without the <br />co-signer's consent. <br />5ubject to the provisions of Section 18, any Successor in Tnterest of Bonower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Bonower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Barrower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of ttus Security Tnstrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Bonower fces for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br />Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. <br />In regazd to any other fees, tb.e absence of express authority in this Security Instrument to charge a specific <br />fee to Borrower shall not be construed as a prohibirion on the charging of such f�. Lender may not charge <br />fces that are expressly prohibited by this Security Instivment 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 collected oz to be collected in conn�tion with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduce8 by the amount necessary to reduce the <br />charge 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 maldng a dir�t payment to Borrower. If a refund reduces principal, the <br />reduction will be treated as a partial prepayment without any prepayment chatge (whether or not a <br />prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by <br />dir�t 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 Borrowez or I,ender in connection with this Security Instrument <br />must be in writing. Any notice to Bonower in connection with this 5ecurity Instrument shall be deemed to <br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br />notice address if sent by other means. Notice to any one Borrower sha11 constitute notice to all Bortowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Properly Address <br />unless Borrower has designated a substitute notice address by notice to L,�nder. Bonower shall promptly <br />norify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Bonower's <br />change of address, then Bonower shall only report a change of address through that specified procedure. <br />NESRASKA - Single Family - Fannie MaeiFreddie Mac UNIFORM 1NSTRUMENT <br />�-6(NE) (08111 Page 10 of 15 Inttials: Form 3028 1/01 <br />O <br />