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201500097 <br /> Inspection. Lender or its agent may make reasonable entries upon and 'nispecrions of the Property. Lender shall <br /> give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. <br /> Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any <br /> condemnation or other taking of any part of the Properly, or for conveyance in lieu of condemnation, are hereby <br /> assigned and shall be paid to Lender. <br /> In the event of a total taking of the Property, the proceeds sl�all be applied to the sums secured by this Security <br /> Instrument, whether or not then due, with any eXcess paid to Borrower. In the event of a partial taking of the <br /> Property in which the fair market value of the Property im�nediately before the taking is equal to or greater than <br /> the amount of the sums secured by tl�is Securiry Instrument immediately before the taking, unless Borrower and <br /> Lender otherwise agree in writing,the sums secured by this Security Instrument shall be reduced by the amount of <br /> the proceeds multiplied by the following fraction: (a)the total amount of the sums secured immediately before the <br /> taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be <br /> paid to Borrower. Iu the event of a partial taking of the Property in which the fair market value of the Property <br /> immediately before the taking is less than the amount of the sums secured immediately before the taking, unless <br /> Borrower and Lender otherwise agree in writing or unless Applicable Law otherwise provides, the proceeds shall <br /> be applied to the sums secured by this Securiry Instrument whether or not the sums are then due. <br /> If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to <br /> make an award or settle a claim for damages, Borrower fails to respond to Lender within the minimwn number of <br /> days established by Applicable Law after the date the notice is given, Lender is authorized to collect and apply the <br /> proceeds, at its option, either to restoration or repair of the Property or to the sums secured by this Security <br /> Instrument,whether or not then due. <br /> Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend <br /> or postpone the due date of the payments due under the Contract or change the amount of such payments. <br /> Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or <br /> any successor in interest of Borrower shall not operate to release the ]iability of the original Borrower or <br /> Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in <br /> interest or refuse to extend tiine for payment or otherwise modify amortization of the sums secured by this Security <br /> Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any <br /> forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any <br /> right or remedy. <br /> Successors and Assigns Sound; Joint and Several Liability; Accommodation Signers. The covenants and <br /> agreements of t1�is Security Insn-ument shall bind and benefit the successors and assigns of Lender and Borrower, <br /> subject to the provisions of section titled Transfer of the Property or a Beneficial Interest in Sorrower. <br /> Borrower's covenants and agreements shall be joint and several. Any person who co-signs this Security Instrument <br /> but has no personal liability under the Contract ("Accommodation Signer"): (a) is co-signing this Security <br /> Instrument only to mortgage, grant and convey that Accommodation Signer's interest in the Property under the <br /> terms of the Security Instrument; (b) is not personally obligated to pay the sums secured by this Securiry <br /> Instrument; and(c)agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any <br /> accommodations with regard to the terms of this Security Instrument or the Contract witbout that Accommodation <br /> Signer's consent. <br /> Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan <br /> charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in <br /> connection with the loan exceed the permitted limits, then: (a) any such loan charge sl�all be reduced by tl�e <br /> amount necessary to reduce the charge to the pennitted timits and (b) any sums already collected from Borrower <br /> which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by <br /> reducing the principal owed under the Contract or by making a direct payment to Borrower. If a refund reduces <br /> principal,the reduction will be treated as a partial prepayment under the Contract. <br /> Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by <br /> mailing it by first class mail unless Applicable Law requires use of another method. The notice shall be directed to <br /> the Property Address or any other address Borrower designates by notice to Lender. Borrower agrees to provide <br /> Lender with Borrower's most current mailing address, as it may change from time-to-time. Any notice to Lender <br /> shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice <br /> to Borrower. Any notice provided far in this Security Instrument shall be deemed to have been given to Borrower <br /> or Lender when given as provided in this paragraph. <br /> Governing Law; Severability.This Security Instrument shall be governed by federal law and the laws of the state <br /> of Nebraska. ln the event that any provision or clause of this Security Instrument or the Contract conflicts with <br /> Applicable Law, such co�7flict shall not affect other provisions of tl�is Security Instruinent or the Contract which <br /> can be given effect without the conflicting provision. To this end the provisions of this Securiry Instrument and the <br /> Contract are declared to be severable. <br /> Borrower's Copy. Borrower st�all be given one copy of this Security Instrument. <br /> Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest <br /> in it is sold or transferred (or if a beneficial interest in Borrower is sold ar transferred and Borrower is not a <br /> natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in <br /> �2004-2014 Compliance Systems,Inc.4958-E6E5-2013L2.3.1.803 <br /> Consumer Real Estate-Security Instrument DL203G Page 3 of 5 www.compliancesystems.com <br />