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201i48355 <br />dismisse�t with a nzling that, in Lender's judgment, precludes forfeiture of the Propecty ar othea mAterial <br />impairment of Lender's intere,ct in the Property or rights e�nd� this Security tnsb:ument. The proceeds of <br />any award or claim for darnages that are attributable to the impairment of Lender' s interest in the Propesty <br />are hereby a�ssigned and shall b�e paid to Lender. <br />All MiscellaneoUS Proceeds that are not applie�l to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />IZ. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tin�e for <br />payment or modification of amortization of the sums secured by this 5ecurity Instniment granted by Le�dc� <br />to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Borrower <br />or any S�ocessors in Interest of Bonawer. Lender shall not be required to commence proceedings against <br />any Successor in Interest of Borrower or to refe�se to ezstend time for payment ar otherwise modify <br />amoxtization of the sums secured by t1�is Security Instrument by reason of any deanand made by the original <br />Bo�rovvex or any Successors in Interest of Borrower. Any farbearance by Lender in exercising any right ar <br />remedy including, without limitation, Lender' s acceptance of payments from third persons, ent►ttes ar <br />Successors in Interest of Borrower or in amounts less than the ax�unt then due, sha11 not be a waiv�ear of ar <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Casigners; Svccessors and Ass�igns Bound. Borrawer cave,�ant$ <br />and agrees that Borrower' s obligations and liability shall be joint and several. However, any Borrow�rr who <br />co-signs this Seciarity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Secnrity Inshvment only to mortgage, grant and convey the co-signer' s interest in the Properiy undec the <br />terms of this Security Instrument; (b) is not personally obligatefl to pay the sums securad by this S�vrity <br />Instcvment; and (c) agr�s that Lender and any other Borrower can agr� to extend, modify, farbeaz or <br />�nake any accommodations with regard to the terms of this Secc�rity Instrument or the Note without the <br />co-signer's consent. <br />Subject to the provisions of Section 1$, any Stiiccessor in Interest of Borrower who assumes <br />Borrower' s obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />all of Borrower' s rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower' s obligations and liability under this Security Instcvme,nt unless Le�der agrces to such release in <br />vvxiting. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Se�tion 20) and benefit the succ,essors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fces for seavices perfor�cl in connedion with <br />Borrower' s def�ult, for the purpose of protecting Lender' s interest in the Property a� riP,hts unc�ri' this <br />Security Tnsirument, including, but not limited to, attomeys' fees, proP�Y �P�on and valuation fe�s. <br />In regard to any oth� fees, the absence of express authority in this Se�urity Instru�►ent to charge a spECific <br />fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not cha�ge <br />fees that are easpressly 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 ar other loan charges collected or to be collected in connection with the Loaz► �ceed the <br />pe�mitted limits, then: (a) any such loan charge shall be reduced by the aznount necessaty to r� the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which excceded permitted <br />limits will be refunded to Borrower. Lender may choose to make this refund by reduc�ng the �mncipat <br />owed under the Note ar by making a direct payment to Bonower. If a refund refluces 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 aay such refund made by <br />direct payment to Borrower will constitute a waiver of any right of acrion Borrower might have arising out <br />of such ov�charge. <br />15. No�ices. All notices given by Borrower or Lender in connection w�th t�s Secunty Instrument <br />must be in writing. A,ny notice to Borrower in connaction with ttus Security Instru�nent shall be ci� to <br />have been given to Borrower when mailed by first class mail or wh�n actually delivereci to Honower's <br />notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrow�s <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 Le�nder. Borrower shall promptlY <br />notify Lender of Borrower' s change of address. If Lender specifies a proc,educ'e far reporting Borrower' s <br />change of address, then Bonower shall only report a change of address through that specified procedure. <br />2200162791 D V6ANE <br />NFBRASKA - Singla Family - Fannie MaelFraddie Mac UNiFORM lNSTRUMENT WITH M <br />�$A�NE� I0810) PaAs 10 of 75 inrosrs:sb� Fortn 3028 1101 <br />m <br />