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201109428
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201109428
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Last modified
3/7/2012 11:18:23 AM
Creation date
12/16/2011 1:08:12 PM
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DEEDS
Inst Number
201109428
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201109428 <br /> 12. �orrower Not Released; Forbearance By Lender Not a Waiver. �xtension of the time for p�yment or <br /> inodification of amortization of t11e sums secured vy this Security Instrtunent granted by Lender to Borrower <br /> or any Successor in Inte�est of Borrower shall not o�erate to release tlie liability of Bor.�ot�er or any <br /> Successors in Interest oF Borrower. Lender shall not Ue rec�uired to coirunence�roceedings against any <br /> Successor in Tnt'et•est of Borrower or to refuse to extend time for payment or othdrwise modify ainortization <br /> of the sums secured by tliis Security Instrument by reason of a�1y dainand inacle by the original Borrower or <br /> any Successors in Inierest of Borrower. Any forbearance by Lender in exercising�ny right or remecly <br /> including, wit77out limitation, Lender's acceptaiice of paymeiits froili third persons, entities or SLiccessors in <br /> Interest of Borrower or in asnounts less than Che ainount tlie�i due, sha11 not Ue a waiver of or preclude the <br /> exercise of any right or reinedy. <br /> 13. Joint and Several Liability,; Co-signers; Successors and Assigns Bound. Borrower covenants and <br /> agrees tliat Boi�rower's obligatioi�s and liaUility sh�11 be joint and several. Hawever, any Borrower who <br /> co-signs this Security Instrument Uut does not execute the Note(a"co-signer"): (a) is co-signing this <br /> Security Instrument only to mortg�ge, grant aizd convey the co-signer's interest in the Property uilcler the <br /> terms oF t11is Security Instruinent; (b)is not pei•sonally oblig�ted to pay the susns�secured by tlus Security� <br /> Instrumen�; and(c)agrees that Lendei•�szd any other Borrower aan agree to extend, modify, forUea�•or m�1ce <br /> any accoirunodations with r�gard to the terms oi'this Security Instrument or the Note wi�hout ihe co-signer's <br /> consent. <br /> Subject to the provisions of Section 18, aiiy Successor in Interest of�orrower w110 lssumes Borrower's <br /> oUligations tiuider t1�is SecLU•ity I�zstruinent in writing, and is �pproved l�y Lender, shall obtain all of <br /> Borrowar's rights and benefits under this Sec�trity Iilstruinent. Borrower sha11 not be releaseci froin <br /> Borrower's obligations and liavility under this Security Instrument unless Lender agrees to such rele�►se in <br /> writing, The covenants and agreements of this Security Instrument sliall Uind(except�s pi•ovided in Section <br /> 20) and Uene�t the successors and assigns of Leiider. <br /> 14. Loan Char'ges. Lender may chai•ge Borrower fees for services pei•forined iii coiuiection witli Borrower's <br /> default, for tl�e purpose of protecting Leizder's interest in the Property anc�rights unde�•this Security <br /> Instrument, inclLicling, but ilot limited to, attornays' fee�, pro�erty inspection and valuation fees. Tn regard to <br /> any other fees, the absence of expi•ess atiithority in tl7is Security Instrunlent to charge a speci�c fee to <br /> Borrower shall not Ue construed as a prohibitioil on the chargin�of such fee. Lender may not chai�ge fees <br /> that�re expressly prolziliited Uy tl�is Secltrity Instruinent or vy Applicable Law. <br /> I�the Loan is subject to a law which sets�n�ximum loan charges, and that law is �na11y interpreted so that <br /> the interest or other loari charges collected or to Ue collected in coiuiection with the Loan exceed the <br /> perinitted limits, then; (�) any such loan chas•ge shall be reduced by the amount necessa�y ta reduce the <br /> charge to the permitted limit; and(b) any sums alre�dy collected from Boi•rower which exceeded�ermitted <br /> liinits will Ue refuncled to Borrower. Lendei�inay choose to malce this refiind Uy reducing tlie principal owed <br /> under the Note or by inalcing a direct payment to Boi•rower, If�refund reduces�rincipal, t11e reciuctioil will <br /> be treated as a parti�l pre�a�inent without�ny prep�yinent charge(whether or not a prepayment charge is <br /> provided foi•under the Note), Borrower's accept�nce of�ny such refiind made Uy direct payment to <br /> Borrower will constituto a waiver oF asiy right of�ction Borrower snight have arising out of such overch�rge. <br /> 15. Notices. All notices given by Borrower or Lender in connection with t17is Security�ZStruinent must ve in <br /> writing, Any notice ta�orrower in connection witll this Security Instrtui�ent sliall be deenled to have been <br /> giveil to Borrower when�nailed Uy�rst elass inail or when actually clelivered to Borrower's notice address if <br /> sent vy otl7er zizaans. Notice to any one Boi•rower s11a11 constitute notice to �11 Bori•owers LinYess Applicr�ble <br /> Law expressly requires otherwise. The notice�tddress shall ve tihe Pro�erty Adclress unless Borrower has <br /> 231234 <br /> N EBR4SKA-Single Fam IIy�Fannie M aelFretltlle M ac UNIFORM INSTRUM ENT Form 302 a 1/01 <br /> VM P p VMP6(NE)(1105) <br /> Wolters Kluwer Flnancial Services Page 11 of 17 <br />
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