201107882 - Laserfiche WebLink

Browse

201107882 12. Borrower Not Released; Forbearance By Lender Not a W aiver. Extension of U�e tunc Lor paymenc or modifica[ion of amortizltion of the sums secured by this Security lns6•um¢nC granCad by Lender to IIorrower or any Suceessor in Intarest of Borrower shall nof o��erate to release the liability of Borrower or any Successors i�i Interest of Borrowen Lender shall not be required to commence proceedings a�ainst any Suceessor in InicrosC of Borrower or to refuse to extand time for paymant or otherwise niodify amartization of tha sums secured by thia Security Inatrumaiit by reason of any demand mada by the original Borrower or any Successors in Interest of Borrower. Airy Porbcat•ance by Lender in exercising any right or remedy including, without limitation, Lendcr's accaptanee of payments fiom third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, sha11 not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agreea that Borrower`s obligations and liability ahall be joint 1nd several. However, any Borrower who co-signs thls Security lnatcument but doea not axeoute the Nota(a "co-siguer"): (a) is co-signing this Sccurity Tnstrument only ta mortg�tge, grant and convey the co-signar's intcresS in tha Property imder the terms of this Semtrity Iustrumant; (b) is not personally obligated to pay the sums secured by this Security Instrumant; and (c) agrees Lhat I,ondcr and any other Borrower can agree to exEend, modify, foxbear or maka any accommodations wiEh regard to the terms of this Seourity Instrument or the Note without tho co-eigner's conseut. Subject to the provisions of Section 18,any Successor in Interest of Borrower who assumes Borr�war's obligations undor this Seeurity InstTUment in writing, and is appravad l�y Lender, ehall obtain all of Borrower's rights and benefits under t$is Security lnstrumont. Borrower shall not be raleased from Borrower's obligations and liabiGty undcr this Seeurity Insts•ument imless Lendar agrees to such release in writin�. The covenants and agreements of this Security Instrumevt shall Uind (except as provided in Seetion 20) and beneflt the successors and assigns of Lender. 1a. Loan Charges. Lender may chacge Borrower fees for services performed in connection with Bocrowec's default, for the purpose of protecting Lender's 'viferest in the Property and rights under tliis Security Instrument, including, buf not limifed to, attorneys' fees, property inspection and valuation fees, ln regard Co any other fees, tlia abseuco of ex�ress authority in this SecuriEy Instrumant to cfiarge a spooific fee to Borrower shall not be conshued as a prohibition on thc charging of such fee. Lender may not charge fees Yhat are expressly prohibited by tliis Security Instniment or by Applicuble Law. If the Loan is subject to a law whieh sets ma�cimum loan charges, and thaf Iflw is tinally interpreted so that tha interest or other loan charges colleeted or to be colleotad in connection wiUi the I.oau cxceed the permitted limiYs, Thon: (a) any such low charge shall be reduced by tlie amount necessary Yo reduce tha charge to the permitted limit; and (b) any sums alrcady colleeted from Borrower which axcaeded permitted IimiYS will be refunded to Rarrower. Lender may choose to mxl<e this refund Uy reducnig tho principal owed under the Nota or by making a direct payment to Borrower. If a reFund raducos principal, the reduetion will be treated as a partial prepayment without any prepayment chargo(whethar or not ti prepaymant oharge is provided for under the Nota). Borrower's acceptancc oC any such refimd macie by direot payment fo Botrower �vill constituYe a waiver of uny rigllt oP actio,n Borrower might have arisiug out of snch overcharge. 9 5. Notices. All notioes given by Borrower or Lender in conneotion with Yhis Seourity Inatrumeut musl be ai writing. Any notioe to Borrower in conncction with Yhis Security Insttument shall Ue deomed to have been given to Borrower when mailed by first elass mail or when actually delivered fo Borrawer's notice address if sent by othcr means. NoYice to at�y ons Borrower s6a11 consCitute notice to all Borrowers unless Applioable Law expressly requires otherwise. The notica address shall be the Property Address unless f3orrower has 231194 NE9RASKA�Single Femlly-Fannie Meo/FredAie Mec UNIFORM INSTRUMENT Form 3928 1701 VMP VMPB(NE�(11051 Woltor�.ro Kluwer Financial Services Payn 11�!17