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� 201207624 <br /> noc zD #: �nnz43�6o��ooaoiz <br /> in the event of a partial taking,destruction,or loss in value of the Property in which the fair market value of� <br /> lhe P�•operty immediately before Ihe partia]taking,destruclion,or loss in value is]ess than thc amount of <br /> the sums ser.ured immediately before the partial taking,destruction,or inss in value,unless Borrower and <br /> Lender ptherwise agree in writing,the Miscelianeous Froceeds shall be applied to the sums secured by lhis <br /> Security Instrument whether or not the sums are then due. <br /> If lhe Properly is abandoned by Borrower,or if,after notice by Lender to Borrn��er that the Qpposing Party <br /> (as defined in the nexl sen[ence)offecs lo make an a�vard to setlle a dairn Fot d'amages,Borrower fails to <br /> respond to Lender wi�hin 3U days after lhe d-ate llie nulicr. is gi�en, Leitder is autl�orized to collect and <br /> apply the R9iscella3�eous Proceeds either ta restoration or repair of the Prnperty nr ro the sums secured hy <br /> Ihis Security Instrument, whether or no# then due. "Qppasing Party" means the third party tha! owes <br /> Borrower Misceltaneoas Proceeds or the party against whom Borrower has a right of action in regard to <br /> h4iscellaE3enus Prnceeds. <br /> Borrower shall be in default if'any action or proceeding,whether civil or crirninal.is txxgun thst,ui Lcnder's <br /> judgmenl,cnuld resuH in foi•feiture of die Property or other material impairment of Lender s interesl in lhe <br /> Property nr righfs under this SecuritV Instrumer�t.BnrroH=er can cure such a defaalt and,if acceleration has <br /> occurred.reinstate as prprided in Section 19,by causing the action or procceding to be dismissed with a <br /> ru3ing that, in Lender's judgment, precludes £orfeiture of the Property or other matcri�il impairmcnt of <br /> LPIICIP.1'�s iutee�est in the Property or riglrts under this Security Instrument The proceeds of any award or <br /> claim for damages that are atiributable to the impairroent of Lender's interest in the Property are hereby <br /> assigned and shall 6c paid to Lcndcr. <br /> Aq Miscellaneous Proceeds that are not applied to restoraUon or repair of'the Property shall be applied in <br /> che order provided for in 5ection 2. <br /> 12. Borrower Not Releused; Forbearance By Lender Not a Waiver.Ex[ension af the time far payment or <br /> modification of amortization of lhe sums secured by lhis Security Instrument granted by Lender to <br /> l�urrowcr ur any Succcssur iu li��eres�of Buirower sl�all iwl uperale lo release the IiabilitJ=of Borro�ver or <br /> any Successors in Interest of Barroa�ez.Lender shall not be required to commence proceedings against any <br /> 5uccessor in I�iterest of Bormwer or ta refuse to ex[end time for payment or otherwise modi�y amortization <br /> of the sums secured by this 5ecurity Instrument by reason of any demand ma�e by�the origina]Borrower or <br /> any 5uccessors in Interesl nf Rorr�wer, nny fnri�earance hy I.ender in exercising an}� ri�ht or remedy <br /> induding,�vithout limltation,Lender's accep[ance of payments froro third persons,entities or Successors in <br /> Interest of Borroiver or in amaunts less than the amount then due,shall not bc a waivcr u£or pr�•clude thr <br /> exercise of any righ�or remedy. <br /> 13. Joint and Several Liability;Co-segners;Suceessors and Assigns Bound.Barrower covenants and agrees <br /> that Borrower's obligations and liability shall be joint and several. Howe�er, any$orrower who co-signs <br /> this Sectuity Instn�ment but does nat execute the No[e (a "cn signer"): {a} is cn-signing this 5ecurity <br /> Instrument oRly to marlgage,grant and convey the co signers interest in the Property undcr the terms of <br /> this Security Inslrumeal; (b} is not personally obligated to pay the sums secured by this Sccurity <br /> Iiislrurnenl; and (c) agrees tf�at Lender and any other Borrower can agree to extend, modify, forbear or <br /> make any accommodations with regard to the terms of this 5ecurity lnstrument or the Note wilhoot llie <br /> co-signer's consent. <br /> Subject to the provisions of Section 18,any Su�cessor in InteresE of Borrower who assames Borrower's <br /> obligations under this 5ecurity Instrument in wrifing, and is approved by Lender, shall obtain all of <br /> Borrower's rights and benefits under ihis Secarity Instrument. Sorrower shall not be rdcascd from <br /> Borruwer's uUligaiio�is and liabilily widee this 5eeurity Insirument unless Lender agrees to such relcase in <br /> ti�riting.The covenants and agreen�ents of this 5ecurity Instrument shall bind(except as proeided in Seclion <br /> 20)and benetit the successors and assigns of Lender. <br /> 14. Loan Charges. I.ender may charge E3orrower fees for services performed in connec6on with$orrower's <br /> default, for the purpose of protecling Lender's interest in ihe Propeny and rights under this Security <br /> Instrumei3t,inrluding,Uut nnt liniited tn,attnrneys'fees,property inspection and valuafion fees.In regard ta <br /> any other fees, the ahsence of express authority in Fhis 5ecurity Instiument la charge a speci�`ic fee to <br /> Borrower shall not bc construcd as a prahibition on the charging oF sach fee. Leuder may i�ul�:l�arge fees <br /> that are expressly prohibited by this Security Instrument or by Applicable Law. <br /> If'the Loan is subject to a law which sets rriaximum]oan charges,and that]aw is finally interpreted so that <br /> the interest or ather loan charges collected or to be collected in connection with the Loan excecd the <br /> permitted I'tmits,then: (a}any such loan charge shall be reduced by the aroounl necessary to reduce the <br /> charge to[he permitted lirni[;and(b) any sums already collec[ed from$orrower which exceetled permitted <br /> liruits will 6e refunded Lu $n�ru�ver. Lender inay cliaine lu make lhis refund Uy reducing lhe principal <br /> owed under the Note or by making a direct pay�ment to Borrowec If a refund reduces principal, the <br /> NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFOi2M fNSTRUMENT Form 3028 1l01 <br /> Deed of Trust-N E <br /> 20D&�-NE(12111) Page 8 of 12 <br />