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. i . � �. . i <br />� <br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in <br />Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's <br />interest in the Property or rights under this Security Instrumen� Borrower can cure such a default and, <br />if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to <br />be 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 Instrument The proceeds 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 shall be paid to Lender. <br />All Miscellaneous Proceeds that are not applied to restoration or repa.ir of the Property shall be applied <br />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 Security Instrument granted by <br />Lender to Borrower or any Successor in Interest of Bonower sha11 not operate to release the liability of <br />Bonower or any Successors in Interest of Borrower. Lender sha11 not be required to commence proceedings <br />against 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 Inshvment by reason of any demand made by the <br />original Borrower or any 5uccessors in Interest of Borrower. Any forbearance by Lender in exercising <br />any right or remedy including, without limitation, Lender's acceptance of payments from third persons, <br />entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be <br />a waiver of or preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower <br />covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any <br />Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is <br />co-signing this Security Instrument only to mortgage, gra.nt and convey the co-signer's interest in the <br />Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums <br />secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to <br />extend, modify, forbear or make any accommodations with regard to the terms of this Security Inshument <br />or the Note without the co-signer's consent. <br />Subject to the provisions of 5ection 18, any Successor in Interest of Borrower who assumes Borrower's <br />obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of <br />Bonower's rights and benefits under this Security Insirument Borrower shall not be released from <br />Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release <br />in wrifing. The covenants and agreemenis of this Security Instrument shall bind {except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and righis under this <br />Security Insiavment, including, but not limited to, attorneys' fees, properly inspection and valua.tion fees. <br />In regard to any other fees, the absence of express authority in this Security Inshument to charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not <br />charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. <br />HCFG-OIXi59 <br />NEBRASKASingle Famfy-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Fortn 3028 1/01 <br />VM P� 03/11 <br />WoMera Kluwer Flnar�ciel Servicea 201110124.0.0.0.4002J20110526Y Page 11 oi 17 <br />.� <br />