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<br /> � 98�1� .�31 LOAN N0. 1 5 3 9 2 1 8 1 7 2 '..__,.
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<br /> s 10.Cond�mnatlon, The proceeds of any award or clalm for damages,direct or consequentlal,In connectlon with �0.
<br /> e n y condemnatlon or other taking of any part of the Property, or for conveyance In Ileu of condomnetlon,are hureby _ _:_`f,:
<br /> ' � asslyned and shall be pa l d to Le n d e r.
<br /> ' In the event of a total taking of the Property,the procbeds shall be appl,ecl to the sums secured by thls SACUrity '�=-=
<br /> � Instrument,whether ar not then du�, wfth any excesa panid to Borrower.In the event of A partlal taking of the Property In �a�=�
<br /> I whlch the falr market��oc�rft thnst�r m nt Immedl9tely befo�e thae eking uneessaBor owereand Lender otherwise�aghee In �`�
<br /> suma secured by thls S Y �r���
<br /> wrRlnq,the eume aecured by thls Securfty Instrumentei�all be reduced by the amount of tha�r��b a�b)the fal�r market �
<br /> � � tdtowing fractlon:(a)the total�mount of the sums secured Immediately before the teking, y e'�
<br /> value of the PropeRy Immedlately before the taking.Any balance shall be pakl to Borrower.In ihe event of a partlal
<br /> ,�,�•+!i+""�' taking of tMe Property In whlch the falr market value of the Pr�perty Immedlately bAfore the taking Is less than tha [`-
<br /> ���� amount of the suma secured Immedlately before theta�sing,uniess Borr�wer and Lender otherwlse agree In writing or =
<br /> � ' i unless epplicable Isw otherwlse provkles,the proceeds shall be applled to the sums secured by this Security —
<br /> � Inatrument whether or not the sums ere then due. .- _
<br /> ��.. I f t h e P r o p e rt y I s abandoned b y Borrower,or if,after notice by Lend�r to Borrnwer that the condemnor offers to
<br /> make an award or settle a clatm for damages,Borrower 1aNs to respo n d tc Le n der w i t h l n 3 0 d a y s a ft e r t h e date the
<br />� ��` notice Is glven,Lender Is suthorized to Gdlect and apply the proceeds,st i`s optlon,efther to restoration or repalr of the _
<br /> � $ Property or to the sume secured by this SecurRy Instrurnent, whether or n��t then due.
<br /> � Unless Lender and eorrower�thyrwlsmentseeterred to�inpa egrapha�l and 2 oe change helamou tllof suChend or
<br /> postpone the due date of the monthl pay
<br /> payments.
<br /> 11.Borrow�r Not RslMS�d;Fofie�ranc�By lender Not a Waiver. Extension of the time for payment or —
<br /> modlflcatlon of amortizatlon of the sums secured loythis Seaurfty Irstrument granted by Lenderto any successor in
<br /> Interest of Borrawer shall not operate to release the Ilability of the original 9orrower or Borrower's successors In
<br /> ' interest.Lendor shall not be requlred to commence proceedings sgalnst eny successor In Interest or refuse to extend
<br />� tlme for pzryment or otherwise modify amorttzatlon of the surns secured by this Security Instrument by reason of any
<br /> demand made by the original Borrower or Borrowers successors In interest.Any forbearance by Lender In exercising
<br /> y any rlght or remedy shall not be a waiver of or prec�ud e the ezercise of any right or remedy.
<br /> 12.Successon�nd Asa��yns Bourtd;Jolnt and Swsral Ll�bfllty;Caslynen. The covenants and agreements of
<br /> ' <� �� thls Security Instnarr�ent shall bind and benefft the successors and assigns of Lender and Borr�wer,subJect to the
<br /> provislons of paragraph 17,Borrower's covenants end agreemants shall be joint and several.Any Borrower who
<br /> co-signs this Securfty Instrument but does not execute�he oote:(a) Is�o stgpliQ�s nS hlsrSecurftY nst ument (b)Is
<br /> � mortgage,grant and convey thai rsorrown�'n Ir�ts��s�!:��„� • ��pE�•, u�•--�- �
<br /> . not personally obllgated �o Pay me�sumiorbea o make any accommalatlons w h regard to the terms of th s Securfty r
<br /> Borrower may agroe ro e na, ify
<br /> `�� �• Instrument or the Note wfthout that Borrower's consec�t.
<br /> °� ,,. 13,Loan Cluir�ef. If the loan secured by this Securfty Instrument is sub)ect to a law whlch sets maxlmum loan
<br />-• � ctiarges,and that law Is finally Interpreted so that the interest or other loan charges collected or to ba collected in
<br />'��. , � . connection with the loan exceed the permftted Iimns, then: (a)any such loan charge shall be�educed by the amount
<br /> -�.. .,:.,�
<br />��•�,;,, , ,. necessa�y to reduce the charge to the permftted Ilmit; end (b)any sums already collected from Borrower whlch
<br /> :�„,�„ �xceedecl permitted Ilmitswill be refunded to Borrower.�ee��t Bor ower.efta refundtreduce pr ncipal,the reduction `
<br />-- .,, . � principal owed under the Note or by making a dlrect pay
<br />„�� � wAI be treated as a partial prepayment without any prepayment charge under the Note.
<br /> a,;, . : . 14.Notices. Any notice to Borrowe�r p�re la�e�q�uires u�se of ano�thertmethod.Thel notc e shall beldi ected to he
<br />-�` '�" � maNing It by flrst class mau unless app�
<br /> •• ^'� •� Property Address or any other address Borrawer designatos by notice to Lender,Any notice to Lender shall be gtven
<br />""•��• ��-v�t by flrst Class mall to Lender's address stated herein or eny other address Lender designates by notice to Borrower.A►,y
<br /> •� notice provided for In this Securfty Instrument shall be deerned to have been gfven to Borrower or Lender when glven
<br /> as provided in thls paragraph.
<br />- 15.Governin�I.aw;Sevenbility. This Security Instrument shall be governed by federal law and the law of the
<br /> y�� Jurisdiction In whlch the Propedy is located.In the event that any provision or clause of thls Security Instrument or the —
<br />='=" , _ Note confllcts wfth aeffpl��Without�the onfllcting provlsion�o thls end thesprovislotns of thlsrSecurfty nstrument ndtthe
<br /> �� which can 6e given
<br /> — • Note are declared to be severable.
<br />-• �'����� 18. Borrower'�Copy. Borrower shall be given one conformed copy of the Note and of this Securfty Instrument.
<br />�'� ��- � 17. Tr�nsfer of the Property or�Beneficial Interest In 6orrower. If all or any part of the Propeity or any
<br />' � ' � I n t e r e s t in lt Is sold or transferred (cr ff a beneficial interest in Borrower Is sold or transferred and�orrower is not a
<br /> �' natural person)without Lender's prlor wrftten consen t,Le n der m a y,a t i t s o p t i o n,r e q u l r e I m m e diate p a yment In full of all
<br /> �: sums secured by thls Security Instrument. However.thls optlon shall not be exercised by Lender ff exerclse Is =_
<br /> . y prohlblted by federal law as of the date of this Security Instrument. _
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<br /> ! � NEBRASKA-31NGLE FAMILY-•FNMA/FHLMC UNIFORM INSTRl1MENT � ��������
<br /> ISC/CMDTNE//0792/3028(9•90)-L PAGE4 OF6
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