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<br /> ���' ��OpCn LOAN NO. I 5 5 9 2 0 0 9 2 8
<br /> C741�r
<br /> I 10.Condemnetlon. The proceeds of any award or claim for damages,direct or consequentlal, in connectlon with ,• • _
<br /> � any condemnatlon or other taking of any part of the Property, or for conveyance in Ileu of condemnatlon,are hereby `
<br /> � assigned and shall be pald to Lender. �
<br /> In the event of a total taking of the Property,the proceeds shall be applled to the sums secured bythis Securlty
<br /> �^' Instrument,whether or not then due, with any excess pald to Borrower. In the event of a partlal tak(ng of the Praperty In
<br /> "� whlch the fair market value of the Property immedlately before the taking Is equal to or greater than the amount of the
<br /> I sums secured by this Securfty Instrurnent immedla4ely before the taking,unle&s Borrower and Lender otherwise agree in
<br /> ! writing,the sums secureci by thla Securtty Instrument shail be reduced by the amount of the proceeds multlplled by the
<br /> 1 following fraction:(a)the total amount ot the sums secured immecifntafy before the taking,divided by(b) the falr inarket
<br /> value of the Property immediately before the taking. Any balance shali be paF�to Borrower.In the event of a partlal I
<br /> taking of the P�operty In which the fatr ma�ket valus of tha Property Immadiately l�efore the taking Is less than the
<br /> amount of the sums securad immedlately beforethe takinp,unless Borrower and Londer othervvise agree In writing or I �
<br /> unless appllcable law otherwfse providea, the proceods shalt be applled to the sums secured by thls Securiry
<br /> Instrument whether or not the sums are then due.
<br /> If the Property Is sbandoned by Borrower, or If, after notice by Lender to Borrower that the condemnor offers to � -
<br /> make an award or settle a clalm for ciamages, Borrower fells to respond to Lender withln 30 days after the date the . .
<br /> notice Is glven,Lender Is euthorized to coflect a�l apply the proceeds,at its optlon,elther to reatoratlon or repalr of the �
<br /> Property or to the sums secured by thls Security Instrument,whether or not then due.
<br /> Unless Lender and Borrawer otherwise egree In writing,any appllcation of proceeds to princlpal ahall not extend or ,
<br /> postpone the due date of the monthly paymonts referred to in paragraphs 1 and 2 or change the amount of such
<br /> payments.
<br /> ' � 11.Borrower Not Released;Forbearance By Lender Not a W�Iver. Extenslon of the time for payrnent or
<br /> � modlflcation of amortizatlon of the sums secured by th(s Security Instrument granted by Lendor to any successor in -'
<br /> Interest of Borrower shall not operate to relsase the Ilabillty of the origlnal Borrower or Borrower's successors In
<br /> Interest.Lender shall not be requlred to cornmence proceedings against any successor in IntQrest or refuse to extend
<br /> time for payment or otherwise modify amortlzation of the sums secured by this Security instrument by reason of any --
<br /> �� demand made by the ortglnal Borrower or Borrower's successors in Interest.Any forbearance by Lender In exercising _
<br /> any ric�ht or remedy shall not be awalver of or preclude the exerclse of any rlght or remeciy.
<br /> 12.Successors and Assigna Bound;Jotnt end Several Liability;Casigners. The covenants ena agreements of
<br /> thls Securfty Instrument shali bind and benefit the successors and assigns of Lender and Borrower, subJect to the
<br /> provlsions of paragraph 17.3orrower's covenants and agreements shall be Jolnt and several,Any Borrower who
<br /> co-signs this Securlty Instrument but does not execute the Note: (a)Is co-signing thls Security Instrument only to
<br /> mortgage,grant and convey th ihe su s secured bt thlshSecur�le�ln trume t�and(c)agreesthat'Lender and atnybother -
<br /> not personally obligated to pay Y tY �
<br /> Borrower may agree to extend,modify,forbear or make any accommodations with regard to the terma of this Securlty ,��-
<br /> Instrument or the Note without that f3orrower's consent. =_
<br /> � 13.Loan Chergea. If the loan secured by thls 5ocur(ty Instrument Is subJect to a law which sets maximum loan -�--
<br /> charges,and that law Is flnatty interpreted so that the Interest or other loan charges collected or to be collected In
<br /> connectlon with the loan exceed the permitted Ilmits,then:(a)any such loan charye shail be reducetl by the amount .
<br /> necessary to reduce the charge to the permitted Ilrnit;and(b)any sums already coltected from Borrower wh(ch ��:
<br /> exceedeci permitted Iimits will be refunded to Borrower.Lender may choose to make this refund by reducing the
<br /> principal owed under the Note or by making a dlrect payment to Borrower.If a refund reduces princlpal,the reductlon
<br /> will be treated as a partlal prepayment without eny prepayment charge under the Note.
<br /> 14.Notices. Any notico to Borrower provided for in this Securlty Instrument shall be glven by delivering it or by =---_-
<br /> mail(ng it by flrst class ma�unless applicable law requires use of another method.The notice shall be directed to the _
<br />- � Property Address or any other address Borrower c9esignates by notice to Lender.Any notice to Lender shall be�ivan __--
<br />- � no ilcetpro id d fo�inthis Securcylnstrume t shall be deemed to ha e b en glven to Borro er o�Lencie Bwhon givenny ,__
<br />� , as provided In thls paragraph. .::=�-�
<br /> ' 15.Governing Law;Sever�bility. This Security Instrument shall be governed by federal law and the law of the •+ '"'.'
<br /> j Jurisdlction In whlah the Property Is located.I n the event that any provislon or clause of thls Security Instrument or the ,k.''=,;�-
<br /> � Note conflicts with applicable law,such conHict shall not affect other provlslons of this Securiry Instrument or the Note ���►�:•.��'.
<br /> � whlch can be given effect without the confllcting provislon.To this end the prouislons of this Securiry Instrument and the •
<br /> � Note are declared to be severable. • •
<br /> � 18. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. •
<br /> ' 17. Transter of the Property or e Beneficlel Intereat in Borrower. If all or any part of the Property or any
<br /> interest In it is sold or transferred(or If a beneficlal interest in Borrower Is sold or transferred and Borrower Is not a
<br /> natural person)without Lender's priorwritten consent, Lender may,at Its optlon,require Immedlate payment In full of all
<br /> sums secured by thfs Security Instrument. However,thls optlon shali not be exercised by Lender if exercise is
<br /> ; prohibited by federal law as of the date of thls Securlty Instrument.
<br /> ' � � FORM30289/90
<br /> NEBRASKA••SINGLE FAMILY-FNMA/FHLMC UNIFOpM INSTRUMENT I
<br /> _ 1 ' .�RC/C.MnTNF//(1792/3028(9•901•L HAGE 4 OF 6
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