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201109037
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Last modified
1/5/2012 9:47:04 AM
Creation date
12/5/2011 9:14:57 AM
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DEEDS
Inst Number
201109037
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201149037 <br />Security Instrvment, whether or not then due. "Opposing Party" means fihe tbird party that owes Boaower <br />Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous <br />1'roceeds. <br />Boaower shall be in default if any action or proceeding, whether civil or criminal, is begun tha� in Lender's <br />jud�ent, could result in forfezture of the Properiy or other material impai��.ent of Lender's intarest in. the <br />Pzoperty or rights under this Security Instavmen� Boaower can cure such a default and, if acceleration has <br />occuired, reinstate as provided in Section 19, by causing the action oz proceeding to be dismissed with a <br />rulina that, in Lender's judgment, precludes forfeiture of the Propeity or other material impairmen.t of <br />Lender's interest in the Property or rights under this Security Insi=vment The proceeds of any award or <br />claim for damages that are attrtbutable to the impairment of Lender's interest in the Property aze hereby <br />assigned and shtill be paid to Lender. <br />All Miscellaneous Proceeds that are not applied to restoration or repair of the Properry shall be applied in <br />the order provided £or in Section 2. <br />92 BorrowerNot Released;ForbearanceBy LenderNot a Waiver. Extension of the time for payment or <br />modification of amortization of the sums secnred by this Security Inshvment granted by Lender to Borro�ver <br />or any Successor in Intesest of Boaower shall not operate to release the Iiabiliiy ofBoao�ver or any <br />Successors in Interest of Boaower. Lender shall not be required to commence proceedings agai.nst any <br />Successor in Interest of Bozrourer or to refuse to extend time for payment or othenvise modify amortization <br />of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or <br />any Snccessois in Interest of Boaower. Any forbeara.nce by Lender in exercising any right or remedy <br />including, without limitation, Lende�s acceptance of payments from third persons, entities or S�xccessors in <br />Interest of Bosower or in amounts less than tlie amount then due, shall not be a waiver of or preclude the <br />exercise of any right or remedy. <br />13. Joint and Several Liabiltiy;Co signers;Successorsand AssignsBound.Borrower covenants and <br />agrees that Borrower's obligations and liability shall be joint and se�eraL However, any $o�ower who <br />co-signs this 3ecurity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Secmity Insirument only to mortgage, grant and convey the co-signer's interest in thc Property nnder tke <br />terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Se.c�uiiy <br />rnstrumen� aad (c) a.grees that Lender and any other Borrower c�n agree to extend, modify, forbear or make <br />any accommodations with regazd to the terms of this 3ecnrity Instrvment or the Note without the co-signer's <br />consent <br />Subject to the provisions of Section 18, any Successor in Interest of Boaower who assumes Bonrower's <br />obliga.tions under this Secuzity Instrument in writing, and is approved by Lender, shall obtain ail of <br />Bonotiver's rights and benefiis nnder this Security Tnstrument Borrower shall not be zeleased from <br />Borrower's obligations aud liability uader this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Iustivmeat shall bind (except as provided in Section <br />ZO) and benefit the successors an,d assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for sen�ices performed in connection with Borrower's <br />default, for the purpose of protecting Lender's interest in the Property and rights un.der this Security <br />Instrt�ment, including, bnt not limited to, attomeys' fees, property inspection and valuation fees. In regard to <br />any other fees, the absence of express �zuthoriry in this Security Insirument to charge a specific fee to <br />Boso�ver shall not be construed as a prohibition on the chazging of such fee. Lender may not chazge fees <br />that are expressly prohibited by this Security Instrument or by Applicable Law. <br />NE9RASKA-Single Fam(ly-Fannfe hAaelFieddte Mae UNIFORM WSTRUMENT Wf(H MERS Form 3�281(Ot <br />VMP � tIMF'6A(N� (11Q�.QD <br />Wclters KWwsrFinanWel Setviees PaBa 11 Of'17 <br />�l l I fl llll I I lll ll II Ilu IIII IIII I�I l I I I I 1lll� l III <br />q03303156313 0233 527 1117 <br />
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