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201109323
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201109323
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Last modified
3/7/2012 11:17:28 AM
Creation date
12/13/2011 11:22:20 AM
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DEEDS
Inst Number
201109323
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201109323 <br /> dismissed with a niling 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 assign�ed and shall be paid to Lender. <br /> All Misce7laneous Proceeds that are not applied to restoration or repair of the Property shall be <br /> applied 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 Lender <br /> to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br /> or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against <br /> any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br /> amortizadon of the sums secured by this Security Instrument by reason of any demand made by the original <br /> Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or <br /> remedy including, without limitation, Lender's acceptance of payments from third persons, entiries or ' <br /> Successors in Interest of Borrower or in amounLs less than the amount then due, shall not be a waiver of or <br /> preclude the exercise of any right or remedy. <br /> 13. Joint and Several Lia.bility; Co-signers; Successors and Assigns Bound. Bonower covenants <br /> and agrees that Borrower's obligations and liability shall be joint and several.However, any Bonower who <br /> co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br /> Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br /> terms of tlris Security Instrtunent; (b) is not personally obligated to pay We sums secured by this Security <br /> Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br /> make any accommodations with regard to the terms of this Security Instrument or the Note without the <br /> co-signer's consent. <br /> �subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes <br /> Borrower's obligations under tlus Security Instrument in writing, and is approved by Lender, shall obtain <br /> all of Borrower's rights and benefits under tlris Security Instrument. Borrower shall not be released from <br /> Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br /> writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br /> Section 20) and benefit We successors and assigns of Lender. <br /> 14. Loan Charges. Lender may charge Borrower fees for services perforn►ed in connection with <br /> Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this <br /> Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuadon fees. <br /> In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific <br /> fee to Borrower shall not be construed as a protubiflon on the charging of such fee. Lender may not charge <br /> fees that are expressly prolubited 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 or other loan charges collected or to be collected in connection with the Loan exceed the <br /> pernutted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br /> charge to the permitted limit; and (b) any sums already collected from Bonower wlrich exceeded permitted <br /> limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal <br /> owed under the Note or by making a direct payment to Borrower. If a refund reduces 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 any such refund made by <br /> direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out <br /> of such overcharge. <br /> 15. Notices. All notices given by Borrower or Lender in connecrion with this Security Instrument <br /> must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br /> . have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's <br /> notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers <br /> unless Applicable Law expressly requires otherwise. The notice address shall be the Properly Address <br /> unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall prompdy <br /> notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br /> change of address, then Borrower shall only report a change of address through that specified procedure. <br /> 75858301 0084827203 <br /> NEBRASKA-Single Family-Fannle Mae/Fr�die Mac UNIFORM INSTRUM6VT WIT� <br /> �-6A(NE)�oaio� Page 10 of 15 �nrc�a�s: Foml 3028 1/01 <br />
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