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��15��143
<br /> In the e�ent af a total taking, destructian, ar lvss in value of the Proper�y,the 1V�iscel�aneaus Proceeds shall be
<br /> applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to
<br /> Barrower.
<br /> �n the e�ent of a partial ta.king, destruction, ar los�in �alue of t,he Property in which the fair market�alue of
<br /> the Property imrnediately hefare the partial tak�ng, de�truction, ar loss in�a�ue is equal to or gzeater than the amount
<br /> of the sums secured by this Security Znstrument imn�ec�iately before the partial taking, destructian, ar iass in value,
<br /> unless Banower and Lender atherwise agree in writing,the sums seGured by this Security Ins�irument shal.i be reduced
<br /> by the a.mount af the Misce�la,neous Prace.�ds rnu1#iplied by th�followin�fraction: (a}the total amount of the sums
<br /> secured in�mediate�y before the partial taking, destruction, ar loss in�alue di�ided by(b)the fair market�alue of the
<br /> Properiy immediately before the partial taking, destruction, or loss in�alue. Any balan�e shall be paid to B�rrower,
<br /> �a the e�ent af a partial takin�, destructian, or l�ss in�alue af�he Praperty in which the fair market value af
<br /> the�'roperty imtnediately befare�he partial�a.kin�, destruction, Ur laSS ln�alll�i5 1�5s t�the am�Un��f the sum5
<br /> secured immediat��y before the partial taking, destruction, or loss in�alue, unless Barr�wer and Lender otherwise
<br /> agree in writin�,the Miscella.neous Prac�eds shall b�applied to the su.m.s secured by this Security Inst�xment whether
<br /> ❑r not the sums are then due.
<br /> If th�Pra�rty i�abandoned by Borrawer,ar if,af�er notice by Lender to Borr�wer that the�pposing Party�as
<br /> defined in the next sentence}affers t�make an award to settle a cl�i.m for damages, Borrawer fail�tv respond to
<br /> Lender within 34 days aft�r the da�e the notice is gi��n, Lender is authorizeci tn colle�t and appiy the Miscellane�us
<br /> Pro�eeds either�a restoration or repair af the Pra�perty ar tQ the suxn,s secured by tb►is Security Ins�rument, wh�ther
<br /> or not then du�. "�]pgasing Party" means the third party that owes Borrower Misc�llaneous Proceeds ar the party
<br /> agaix�t wham Barrawer has a right of actian in re�ard ta Miscellaneous Proceeds.
<br /> Borrnwer shall be in defau�t if any action ar proceeding, whether ci�il or crimi.�aal, is begun that, �n Lender's
<br /> judgmen#, cauld resu.�t in f�rfeiture af the Property or o�her material impairment�f Lender's interest in the�roperty
<br /> ❑r rights under this Security Instrument. Borrower can cure such a default and,if acce�eration has�curred,reinstate
<br /> a.s pra�ided in S�ction 19, �y cau$ing the �ction vr prace�di.ng t� t� dismissed with a ruling tb.at, in Lender's
<br /> judgm�nt, grec�udes forfeiture nf the Property or o�her materiat impairm�nt af Lender's interest�n the Property or
<br /> rights under tb.is Security Instr�xment. The proceeds of aaay award or claim for danaages that are attrihutabl�to the
<br /> impairment of Lender's int�rest in the Praperty are hereby assigned and shall be paid to Lender.
<br /> A.�1 Misceilanea�u.�Proceeds that are not applied to restoratian or repair of the Prap�rty shall Ue applied in the
<br /> order pro�ided for in Sectivn�.
<br /> 12. B�rrower Nat Released;Forhearance By Iaender Not a Wai�er. Extensic�n af the time far payment nr
<br /> mvdificatian of amorti2ation nf the sums secured by this 5ecurity Ins�rument granted by Lender ta Borrawer ar any
<br /> Suce�ssor in Inter�st of B�rrvw�r shall not operate to release the liabilifiy af Banawer or any Successars in Interest
<br /> �f Borrower. Lend�r sha1�nat be required�o commence proceedings a�ainst any Successar in Interest of Borrawer
<br /> or to refuse to ex�end time far payment or oth�rwise modify amortization of the sums secured hy this Securi�y
<br /> Ins�rument by reason of any dernand made by the original Borrower�r any 5uc�essors in Laterest of B�orrawer. Any
<br /> forbeara.n�e by Lender in exercising any right or remedy including, withaut limitatifln, L�nder's acceptance of
<br /> payments from third persons, entities or 5uccessars in Interest of Bo�rower ar in amownts less than the amaunt then
<br /> due, �hal�nnt be a wai��r❑f or prec�ude the exercise af any right or remedy.
<br /> 13. Jaint and Se�eral Liab��ility;�o-sigaers;5uccessors and Assigas B�und. Barrawer cavenants and agrees
<br /> that Barrawer's ahli�atians and liability shall be j�int and se�era�. �Iowe�er,any Borrower who c�-signs this Security
<br /> Inst�rrument Uut does not execute the Nvte�a"ca-�igner"�: �a�is co-�i�ing tlus S�urity Ins�ru�ment on.1y tQ rnortgage,
<br /> grant and can�ey t�i� casigner's interest in the Praperty under the ternYs of th�s 5ecurity Instrument; �b� is not
<br /> personally abliga�ed to pay the sums secured by this Security Instru�ment; and�c}ag�rees that Lender and any ather
<br /> �onawer can agree to extend,mod.ify, forbear�r make any accammodati�ns with regard to the terms of this Security
<br /> Instrument�r the N�te wi�hout#he ca-signer's can�ent.
<br /> Subject to the praWisions oF SeGtian 1 S, any Successor in Interest of Borrower who assumes Barrnwer's
<br /> obligations under this Security Ix�stru�ment in wri#ing,and is appro�ed by Lender,sha1�vbtai.n all of Barrower's rights
<br /> and b�nefits under this Security InstruYnent. Bonawer sha11 not be released from Borr�wer's abligations and 1�ability
<br /> N�RASKA—Single Family—Fannie Mae1Fr+�ddie Ma� UNIF(7F�IN INSTRUMENT W MERS p,oc�a�lc��
<br /> Form 3��8 11Q 7 �g�g �� �5 www.docrrragic.cor►�
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