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201502553 immediately before the taking is less than the amotmt of the sums secured immediately before the taking, unless Borrower and Lender otherwise agree in writing or unless Applicable Law otherwise provides, the proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then dLie. If flle Property is abandoned by 73orrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a claim i.'or damages,Borrower fails to respond 1:o 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 to� restoration ar repair of the Property �r to the sums secured by this Security Instnlment,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 p<iyments due under the Contract or change the amount of such paymenls. Borrower Not Released; Forbearance By Lender Not 2i Waiver. Extension of the tiine for payment or modification of amartization 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 liabiliry of the original Borrower ar Borrower's successors in i�lterest. Lender shall not be required'.to commence proceedings against any successor in interest or refuse to extend time fior payment or otherwise modify amortization of the sums secured by tlus Security Instrument by reason of any detnand made by the original BoiYower o:r Borrower's successars in interest. Any forbearance by Lender in exercising any right or remedy shaL�not be a waiver of or prech�de the exercise of any right or remedy. Successors and Assigns Boundl; Joint and Several Liability; Acconnmodation Signers. The covenants and agreements of this Security Instr�zment shall bind and benefit ghe successors and assigns of Lender and Borrower, subject to the provisions of section titled Transfer of the Property or a Beneticiai Interest in Borrower. Borrower's covenants and agreements shall be joint and several. Any person who co-signs this Security Instrument but has no personal liability tulder the Contract ("Accomrnodation �igner"): (a) is co-signing this Security Instrument only to mortgage, gr��nt and convey that Accommodation Signer's interest in the Property under the terms of the Security Instnime7it (b) is not personally ob7�.igated to pay the sums secured by this Seciu-ity Instrument; and(c) agrees that L�ender and any other Borrower may agree to extend, modify, forbear or make any accominodations with rejard to t:he terms of this Security Instrument or the Contract withotrt that Accommodation Signer's consent. Loan Charges. If the loan sec«red by this Security Instru�r�ent is subject Co a ]aw which sets maximum loau charges, and that law is �nally interpreted so that the interest�r other loan charges collected or to be collected in connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the c;harge to the permitted l�mits and (b) any sums already collected from Borrower which exceeded petYnitted limits will be refimded to Borro�wer. Lender may choose to make this refi.md by reducing the principal owed und�er the ConCract or by making a direct p�yment to Borrower. If a refund reduces principal,the reduction will be trf;ated as a partial prepayment under the Contract. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by m�uling it by first class mail unless Applicable Law requires use of another method.The uotice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Borrower agrees to provide Lender with Borrower's most cui•rent mailing address, as it may change from time-to-time. Any notice to Lender shall be given by first class mail to Lender's address stated herPin or any other address Lender designates by notice to Borrower. Any notice provideii for in this Security Instrument shall be deemed to have been given to Borrower or Lender when;iven as provided in this paragraph. Governing Law; Severability.7'his Security Instrument shall be governed by federal law and the laws of the state of Nebraska. In the event that auy provision or clause of thi�. Security Instrument or the Contract conflicts with Applicable Law, such conflict sh�ali 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. �2004-2014 Campliance Systems,inc.4953-60C1-2�13L23.1.303 Consumec ReaL Estate-Security instrument DL2036 Page 4 of 7 www.compiiancesystems_com