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<br /> "' �� 9$-- ��x��4� LOAN NO, 1 5 3 9 2 1 B 09 9 —
<br /> �i� tn.Cond�mn�tion. The proceeds of eny awerd or clalm for damapes,direct or consequsntlAl,In connactlon wfth �;
<br /> eny condemnatlon or other teklny of eny part of the Property,or far conveyance In Ileu of condemnatic�n,are hereby =
<br /> . . asalgned and ahall ba peld ta Lender. �
<br /> In the event of a totel takl�iq of the Properry,the proceede shall bo applled to the suma secured by thls SecurRy �.
<br /> �'� Inst�umer�,whethor or not then due,with any excesa pafd to Borrower.In the event of a purtlal taking of the Propeny in =
<br /> � whlch tha(alr market value of the Property�mmedlats�y betore the taking la equal to or greater than the amount of the —
<br /> sums secured by thls Security instrument lmmedlately before tho tnklrag,unless�orrower and Londer othervvlse agre�In �;��
<br />- .`� wrftlnq,the suma aecured by thls Security Instrument shall be reduced by the emount nfi the proceeds multlplled by the �
<br /> .�, idlowing fractlon: (a)the total am�unt ot the suma secured Immedlately before the taking,dNided by (b)the falr mar4cet
<br /> value of the Property Immedletely before tha taking.Any balance shall be pald to Borrowe�.In the event of e partlal i;_
<br /> f �.� takinp af the PropeRy In whlch the falr market value of the Property Immedlately betore the taking is less than the ��.
<br /> _ � amount of the sums secured Immedlately before the taking,unleas Borrower and Lender othervvise agree In writing or
<br />=- unless applicable law otharwlae provkles,the proceeds shall be epplled to the sums secured by this Security 11-
<br /> , � Inst�ument whether or not the sums are then due. �'
<br /> „ �� If thA Property!s abandoned by Borrower,or If,aRer notice by Lender to Bonower that the condemnor offere to
<br /> � make an award or settle e clsim for demages,Borrower fails to respond to Lender wfthin 30 days after tho date the
<br /> notice Is given,Lender la authorized to cQllect and apply the procaeds,at fte option,eRher to restoratlon or repalr of the
<br /> Property or to the eums secured by this Security Instrument,whether or not then due.
<br /> .. stunne theedue da e of th mo hly paymentaeeferred to�in paragraphs 1 end 2 o�han9e he apmountllof uche�or `
<br /> � p�aymente.
<br /> ' � 11.Borrow�r Not R�fuwd;ForL+Mr�nc�By Under Not�W�ivx. E�enslon of the time for payment or
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<br /> modfflcatlon of amortizatlon of the sums secured by this Secur�ty Instrument granted by Lender to any successor-r:
<br /> Interest of Borrower shall not operate to release the Ilability of the origtnal Borrower or BoROwer's successors�n
<br />� � � Interest.Lender shall not be requlred to commence proceedinga against any euccessor in Interest or re(uae to extend
<br />_ ..4, tlme for psyment or otherwise modlfy emortizatlon of the sums sacured by this Security Instrument by reason of any
<br /> " demand made by the original Barower or Bonower's successora In IMerest.Any forbearance by Lender In exercising
<br /> � any right or remedy six�ll not be a waNer of or preclude the exercise of any right or remedy.
<br /> 12.Succason and Aa{�ns Bound;JoIM�nd S�wr�l I.lability;Co-si�nsn. The covenants end agreements of
<br /> ° this Securicy Instrument ahall bTnd and beneftt the eucceasors and assl�ne of Lender and Borrower,subJect to the
<br /> provislons of paragraph 17.Bonower's covenants and agreemerrte shall be Jolnt and several.Any Borrower who
<br /> --- co-slgna thla SACUrky Instrument but does not execute thd Note:(a)Is co•slgnlnfl this Securily Instrumer�t only to
<br />�;''�"`�'`` mortgafle,grent and cawey that 8orrower's Interest�n the rroperty under i�w�n����s��tflls wscvr�y,�lrstrumsnt;{►��IR
<br /> " - nc,t personally obligated to pa the sums secu�ed by thla Securiry Instrument;and(c)agrees that Lender and eny oth�r
<br /> L�,,: „. ... Borrower may sgree to ext�modKy,forbear or make any accommodatlona wfth regard to the terme of thls Security
<br />� � Instrumer�or the Note wfthout that Borrawer's consent.
<br /> ����°�`=��'... 13.Loan Cluiryes. If the loan secured by this Securiry Instrument Is sub�ect to a law which sets maxlmum loan
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<br />_ `� �•"'= charges,and that law Is flnally interpreted so th�t the Interest or other loan charges collected ur to be collect n
<br />`� ��.,,,,,� connactbn wfth the loan exceed the permitted Ilmits,then.(a)any such loan charge shall be reduced by the amount
<br /> i�'s�=.; .
<br />,�,�.,,,;,..,,, necessary to reduce the charge to the permitted Ilmft;and(b any sums already cdlected from Borcower whlch
<br /> �'.-",14,[F'� exceeded permkted��mfts wllt tte refunded to Borrower.Le�er may choose to make thta refund by�educlnQ the
<br /> =,.,.,,��: p�incipal owed under the Note or by makiny a dlrect paymern to Borrower.If a reFund re8uces princlpal,the reductlon
<br /> . .. wUl be treated as a partlal prepayment wfthout any prepaymeM charge underthe Note.
<br />=,:�;.`:� 14.Natic�s. AnY notice to Borrower provlded for In thls Security InatrumeM she��be Oiven by delNering R or by
<br />— - malling ft by flrst dass mall unless appllcable law requlres use of another method.The notice shall be dlrected to ths
<br /> F"""�-'-"-•a Property Address or any other addresa Borrower designates by notice to Lender.Any notice to Lender shall be gNen
<br />__�;;:� by first class maN to Lender's address stated herein or any other addresa Lendor deslQnates hy noticeto Bonower.Any
<br /> 3?�;�w.��v;a�' � notice providod for In thls Securiry Instrument shall be deemed to have been pfven to Borrower or Lender when qhren
<br /> _.,:.�; ��- as provided In thla paregraph.
<br /> i� �. � 1 b.Gowminp Law;S�wnb��R1►. 7his Socurity Instrument shall be governed by federel law and the law of the
<br /> '' � , urisdictlon In which the Property Is located.In the event that any provislon or clause of thls Securfty Instrument or the
<br /> °�;�•��.�' �ote conflicts wfth appl�able law,such confllct shall not affect other provisions of this Securtty InstrumeM or the Nota
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<br /> - • whlch can be given eifect,vithout the confllcting provislon.To this end the provisions of thls Security Instrumerrt end t e
<br /> �� �` � Note are declared to be severable.
<br />=�'�'"• ts. Borrow�r's Copy. Borrower shall be glven one cor�orrned copy of the Noto and of thls Security Instrument.
<br />°"i �~� � ' � 17. Tnntiter of tha Property a'�Ben�Hclel IntsreM In Borrower. If all or sny part of the Property or any
<br />-"�'`_ 'sr Interest In R Is sdd or transferred(or If a beneticlal Interest In Borrower Is sdd or transferred and Bonower is not a
<br /> natural person)w�thout Lender's prlor wrftten consent,Lender may,at Rs optlon,requlre Immedlate payment In full of all
<br /> • sums secured by this 5ecurity Instrument. However,thls optlon shall not be exerclsRd by Lender ff exerclse Is
<br /> � ' � prohlbfted by federal law as of tho date of this Security Instrument.
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<br /> NEBRASKA-51NGLE FAMILY»FNMA/FHLMC UNIFORM INSTRUMENT FORM 302!9/00
<br /> ' ISE/CMDTNE//0792/3028(9�90)•L PAGE40F8 � ;
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