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201502552 immediately before the taking is less than the amomlt of the sums secured immediately before the taking, unless Borrower aud Lender otherwise ,agree in writing or nnless Applicable Law otherwise provides, the proceeds shall be applied to the sums sec«red b}�this Security Instrument whe,ther or not the sums are then due. If the Property is abandoned by]Borrower, c�r if, after notice by Lender to Borrower that the condeiruior offers to make an award or settle a claim 1'ar dainages,Borrower fails to respond to Lender within the minimum number of days established by Applicable Law after the date the notice is given,Lender is authorized to collect and apply the proceeds, at its option, either tc� restoration or repair of the Property vr to the sums secured by this Security Instrument,whether or not then due. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the payments due under the Contract or change the amount of such payinents. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any successor in interest of Borrower shall not operate to release the liability of the original Barrower ar Borrower's successors in interest Lender shall not be require�to commence proceedings a�ainst any successor in interest ar refuse to extend time fior payment or otherwise modify ainortization of the sums secured by this Security Iilstrument by reason of any demand made by the original Fiorrower or Bon-ower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. Successors and Assigns Bound�; Joint and Several Liability; Acconnmodation Signers. The covenants and agreements of this Security Instn�ment shall bind and benefit�the successors and assigns of Lender and Borrower, subject to the provisions of section titled Transfer of the Property or a Beneficial Interest in Borrower. BotYower's covenants and agreements shall be joint and severa�L Any person who co-signs this Security Instrument but has no personal liability u�lder the Contract ("Accorr�nodation �;igner"): (a) is co-signing this Security Instrumeiit only to mortgage, grant and convey that Accomrriodation Signer's inCerest in the Property tmder the terms of the Sec��rity InstnlmeYit; (b) is not personally obYig�ted to pay the sutns sectued by this Security Instrumei�t; and(c) agrees that Lender aiid any other Botrower may agree to extend, modify, forbear or make any accommodations with regard to t:he terms of this Security Instrument or the Contract without that Accommodation Signer's consent. Loan Charges. If the loan sect�red by this Security Instrurrient is subject to a law which sets m�imum loan charges, and that law is finally inierpreted so that the interest�or other loan charges collected or to be collected in connection with the loan exceed the pernutted limits, then: (a) any such loan charge shall be reduced by the ainount necessary to reduce the c;harge to the pei-mitted limits and (b) any stmis already collected from Borrower which exceeded pern�itted liinit� will be refunded to Borrawer. Lender may choose to make this refund by reducing the principal owed und��r the Contract or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be trf,ated as a partial prepayment under the Contrlct. Notices. Any notice to Borrower provided for in f:his Security Instniment shall be given by delivering it or by mailing it by first class mail tmle.;s Applicable Law requires use of anotller method.The notice shall be directed to the Property Address or any othe,r address Borrower designates by notice to Lender. Sorrower agrees to provide Lender with Borrower's most cui�rent mailing address, as it may chanae from time-to-time. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided For in this Security Instrumf;nt shall be deemed to have been given to Borrower ar Lender when given as provided in this paragraph. Governing La�v; Severability.7'his Security Instrument shall be governed by federal law and the laws of the state of Nebraska. In the event that any provision or clause of this Security ]hstrutnent or the Contract conflicts with Applicable Law, such conflict sh�all not affect other provisions of this Security Instrument or the Contract which can be given effect without the conflicting provision.To this end the provisions of this Security Instrument and the Contract are declared to be severable. �O 2004-2014 Compliance Sysecros,lne.4953-AElA-'1,013L231.303 Consumer Real 6state-Security Instrument DL2036 Page 4 of 7 www.complianccsystems.wm