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201108171
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Last modified
12/1/2011 3:05:10 PM
Creation date
11/1/2011 4:08:26 PM
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201108171
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201i08171 <br />persons, entities or Successors in lnterest of Borrower or in amourtts less than the amount then due, <br />shall �tat be a waiver of or prec{Efcie the exercise of any �ight � re�dy. <br />13. Joint and Several Liability; Co-signers; Successor�s and Assigns Bound. Bort <br />c�rerzants and at�rees that Bor��rer's obligatigr►s arni iiability shaft be jant and severa{. However, any <br />Borrower who co-signs this Security Instrument but does not execute the Note (a °casigne�'): (a) is <br />eo-sigrri�g tFris Sear�ty knstrtir�ent orrrly ta r�ortgage, 9�`ant ar� eonvey �he eQ-signer's i��er�t ir� the <br />Property under the terms of this Security Instrument; (b) is not personally obligat�d to pay the sums <br />secured by this Security fnstrument; and (c) agrees that Lender and any ot�ter Barrawer can agree to <br />extend, modify, forbear or make any acxommodations vnith regard to the terms of this Security fnstrument <br />ar tf�e Note w�hocr� the eo-sign�r's co�ser�t. <br />Subject to the p�ovisions of Section 18, any Suceessor in Interest af Borrower who assumes <br />Bor�ovuer's oWigat�cu►s ur�er this Security Inst�rme€►t irt �rriting, and is approve�i by lender, shail obtain <br />aN of Borrovver's rights and benefr�s under this Security lnstrument. Borrower shall nat be released from <br />Ba€�owrer's abligations and 4iab�ity u�der �iis Se�rrify Ins�ment unless Lender agrees to s� release in <br />writing. The cavenants and agreements of this Security lnstrument shall bind (except as provided in <br />Sect�n 24} and benefi# �ktie successvrs and assigns of Lendec. <br />14. Loan Charg�s. Lender may charge BorroHVer fees for servit.es perfarmed in connection uvith <br />Borrouvec's defautf, #or the purpase of protecting Lender's interest in #he Propert�r and rights under #his <br />Security instrument, indud'u�g, but not limited ta, attomeys' fees, property inspection and vatuation fees. <br />In regard #o any other fees, #he abse�ce of express authority in this Sect�rity Instriament to chatge a <br />spec'�'rc fee to Borrawrer shall nat be construed as a prohibition on the charging af sueh fee. Lender may <br />not c.�►arge fees that are expressEy �ro4�ibited by #k�is Sect�rity lnstrumen# or by ApRGcat�le 1_a�nr. <br />If the Laan is subject to a law which sets maximum loan charges, and that law is finally <br />interpreted sv tha# the ir►terest or ottter ioan charges colleeted or to be eo4lec�ed in c�nnection �rith the <br />Loan exceed the permitted limets, then: {a) any such loan charge stratl be reduc�d by the amount <br />necessary to recft�� the eharge to the perrrtitted tirflif and (b) any srarfls atr�aaFiy eolieet�d #orr� Bor�awer <br />which exceeded permitted limits witf be refunded to Borrower. Lender may choos8 to make titis refund by <br />reduang tt�e principal owed under the ldote ar by making a direct payment to Barrower. 1fi a refund <br />reduces principal, the reduetion will be treatect as a partial prepayment without any prepayment charge <br />(wFiett�er ot �c>t a pfepayr�er�t etrarge is providect fofi ut�d�r the Note). Bo�row��'s ae�epta�ee of afry staei� <br />refund made by direct payment to Borrovver wil! canstitute a waiver of any right of action Bor�ov�rer might <br />have arisftfg out of such overcharge. <br />15. Motices. All natices given by Barrcwver or Lender in connection with this Secur�ty Instrumerrt <br />must be in writi�g. Any na�ice ta Bu�rovaer in con�ection w�h this Securfty Instnsmen� shall !� de�med to <br />have been given to BoROwer when mailed by first ctass mail or when actually delivered to Barrawer's <br />notice address if sent by other rneans. Notic$ to any one Borravuer shall consfitute notic� to all Borro�vers <br />untess Applicabte Law expressfy requires otherwise. The notice addres.s shatl !� the Praperty Address <br />unless Hnrrowrer has designa#ed a substitute n�#�ce address hy natice ta Lender. Barrower shaU prc�mptly <br />notify Lender of Borrowrer's change of address. If Lender specifies a procedure for reporEing Bonower's <br />c�ange of addr�ess, then �rtov+rer shaN flnly repart a change of address through that specsfied prc�csdure. <br />There may be c�nly one designated notice address under this Seeur'rty Instrumerrt at any one time. Any <br />c�otice #c� L�rtdet' shaA be given by de�liverirtr� it oc by �ta�ic� it by �irst r�lass mail to Lender's addr�ss <br />stated herein unless Lender has designated arrother address by notice tQ 4orrower. Any natice in <br />eo�x�ectivn v�h this Sec�rity Instrunten� shaf{ not be deemed to have been given to Lend�r unfil act�afiy <br />reeeived by Lender. If arty notice required by this Security Instrument is atso required under Appficable <br />�aw, tMe Apptieabfe Law requir�rne�rt wii} safiisfy th� eoFFespc��ng requir�r�e�tt under tFiis Seettr�ity <br />Instrumerrt. <br />16. GovernFng �aw; Severabifity; Rutes of eonstructiort. �his Security tnstrumert shaH be <br />govemed by federal law and the lawr of the jurisdiction in �rhich the Property is located. All gh�� <br />� 3 O D O 1 6 9 1 7 1� * M C M D O T� <br />NEBRASKA�ingle Family-Fanni� Ma�Freddle Mac UPIIFORM IMSTRUMHNT Form 3028 1/01 (page 10 of 14 peges) <br />Finale Doaumeirt Servlces � 3027 0?lQ8 <br />
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