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2� 1 ���� 11 <br /> S�cu�•ity�ns��•um�nt wh�t�aer nt-t�o��h�sum�az�e th�n due. <br /> If�h� PrQpez-�y zs �.b�.ndaned by Borrower, or if, aft�r na�ice by Lenc�e�• to 13orrower �ha� the C1�posin� <br /> P�.rty �as defined in�he next s�n�enc�} offers to maice an award�� se��Ie a cl�.i�aa for darnag��, �3fl�•rovver fai�s�o <br /> respand �a Lend��• within 30 c�ays after the da�e th� noti�e is gzven, Lende�• is authaz•izec� �a �a�lect and applY <br /> th� MISG�����.��1.15 Pracccds �ithear ta res�oxatiian or rep�.ir af �he Prop�rty o� �o �he sutr�s secu�ed by �hi� <br /> �ecu�ity �ns��ux�nent, whet�ae� ot- ��o� �hen du�. "�ppasi�g Party�' means �1�� �hird party �hat awes Bat•rowe�• <br /> Nliscella���aus Proceeds oz• �he pax�y agains�. vsrham Borxow�t• has a righ� Qf ac��an iz� z,ega�d �o MisGclianeous <br /> P��a�eec��. <br /> B�rrower sha�i be �n defau�t if any a��xon or proceeding, w�1e��er �iwil oz �riminal, is b��un �ha�, in <br /> Lender's judgm�nt, �ou�d x•esui� in foz•feiture of�he�rn�e�ty o� o�h�r ma�erial impair•m.en� �f Lender•'s in����est <br /> in�:he Yrope�-t�y �t• righ�s u�a�der this Se�uri�y X�.s�;x•ume�x�:. �orrower �an cu��e such a d�fau�t ar�d, zr�cGe�ez�atxo�a <br /> has o�cu�•red, re�nstiate as ���o��ded in �e��ion ��, U� cau�sing�he ac�ian �r p��ace�din� �o be dismissed vvit�� a <br /> rulir�g �h�.�, in Lende�'s j udgmen�, precludes far•fei�uxe af �he �roper�}� o�� o�t�e�• mate�•ial impai�•m�nt o�' <br /> :��t�der's int�res� i�a��ae P�yoperty or �•ights u��der ti���� �ecu�•ity�nstrument, �he proc��ds of at�y awaxd o�r clazm <br /> fo�• dama�;es that a�r� a�trib�,�tabi� t�o the inapairm��a� of Lendez•'s in��r�st in the�rap��•�y ar�h�r�by assign�d a�� <br /> shall�e paxd��Lender. <br /> A�l :N�isGellancous Proceeds �ha� a�re no� app�ied to res�o�ra�ion ��• repai� af the Pt•npe�ty shall b� a�plied it� <br /> t�.�o�•der provia��d f�r in S�c�ior�2. <br /> 12. 13orroti�e�•No�Releas�d; Fa�•bea�•a�ce By L�z�der N�� � 'Wax�er. Extensio�� of�h��in�e f�r p�ym�n� <br /> az rnodaf�catYon �f amo�ti2ation of �he suri�s se��red by �h�s Secur��y �ns�rurnent grani;ed by �ender to <br /> �3orrowe�, ar any Su�ces�az• �n Int��•es� of 13�r�ov��z• s��al� �aat apera�� �o x•��e�s� �he �ia.�x�i�y of T�orrowE�� ox� any <br /> Successo�•s i� zn�erest a:� 1�ot��•ower. Lender shall ��a� be rec�uiz•ed to �ammence pra��ed�ngs a�ainst any <br /> Successor in lntexest af Boz•�rower ar �a refuse to exter�d ��rn� for paymen� ❑r o�he�•wise modify amarti�a�ion �f <br /> �he sums secured Uy i:his Security �z�s�rument by xe�son o�f any den�and made by �he or�ginal �or�•ovvex or an� <br /> SUC��SSQI�s in �n�ez•�s� of F3az,rower. An� forbea�•anc� �y I��z�d�r �� exet•c�sing any �•ig�a� ar �•�r��edy including, <br /> withau� lixx�i�atian, Lender's acce��a.nce �f�ay���en�� frnm th��rd p�rsons, �ntz���s a�r Succ�ssars in Xn�e�•es� ❑f <br /> �3orrower �r in amo�.�n�s l�ss than t�.e am��.�n��hen due, shall no� be a wa�vet• of or pre�iude the�xercise of any <br /> t•ight or remedy. <br /> 13. �axnt and �e��r�I Lxabili��; Co-signer•s; Su���Ssvxs and .�.ssigr�s �ou�1d. �3at•ra�nr�r cov��aants and <br /> a�rees tha� Borz�ower's o�ligations an� lxa���xty shal� be jaint and �ev�ral. H�we�er, any Borrower who <br /> �o�signs �h�s Secut•it� Ins�r•ument but does no� ex��ute �he Note �a "co-signer"�: �a� �s co�sig��ing �his Secut•i�y <br /> Ins�rt�rn�n� onX�to mo�t�a�e, gra�at �nd c��.vey �he co-sig��er's inl:eres� in th� Proper�y u�d�z• the�err�s af�;h�s <br /> S�c�.zri�y Ins�rument; �b} is not pcarsonally ob��g�.ted �o p�y the su��ns secu�•ed by �his Secut�ity ��s�ruinez�t; �nd <br /> ��� agr�es �ha� �er�der and any other �o���o�ver �an agree �a ex�end, modif�� forbear az• malce any <br /> accommodation� �i�h r�gard to tihe tern�s af �hi� �ecu�rity �nstrum�n� oz• �l�e NotE vvithou� the �a�signez•'s <br /> consent, <br /> ��ubje�t to the pz•avisions of �ec�i�n 1�, any Successnt• in �n�erest af���rav�et• wha assumes B��•rowex•'s <br /> obliga�ions under this Seeua i�y Ins�rument in w�•��ing, afld is appr��ed '�y L�nd�r, sha�l ob�ain all of <br /> Bar•t•owex's righ�� �.nc� b�ncf�ts unde�• �his S�cu�•ity Yns��rumenl:, Bar�•ovv�r shal] not �e zeieas�d fz•�zn <br /> Borrowex's a�li�a��ons �nd liabiti�y und�r �his S�curYty �ns�xum�n� unl�ss Lend�z• ag�e�s tia such release in <br /> wri�ing. The cavenan�s and agreem�n�s �f�his S��uri�y zns�rumen� sha�I bind �exeep� as provided in Sec�i�n <br /> �0}an�bene�"it�h�su�c�sso�rs and assxgns af Lende�•. <br /> 14. Laan Chargcs. �..ender �ay Ghax-ge �3arrow�r fees lar s�rv�ces perfot•med in �or�n�c�ion w��h <br /> T�Qx�ravv�r's default, for �he pur�ose of protec�ing Lend�r's in�er�st i� �h� Pt�oper�y and xigh�s under �his <br /> S�curr�y �r�strument, including, bu� no� lir�ited �o, �t�o�•neys' fees, prope�•t� i�lspecti�n and valua�zon fees, Itx <br /> regard t� any a1:�a�r fees, th�abs���.�� af�xpress au�horx�� in �his Se�uritiy �nst�urne��.t�o c�ar�� a speGifi�fee�o <br /> �arr�vv�r shall nat be cons�ru�d as a prn���bitXon flr� �he�ha�t•ging af such fee, Lender ma� no� �ha�•ge fees tha� <br /> �.re expt•essly��•ohibited by thi�Securi�y 7t�s�rumen�ar by Ap�l�cab�e La��v. <br /> � zf the Loan is subjec�to a law w��ich s�ts max�mut�a loa.n �harges, and �ha.� Iaw is finally interpre�ed so ��aat <br /> �he in�cz•es�or o�her loan �h��•ges collec��d or t❑ be colle��;ed in cQzanecti�n with tih� L�an �x���d th��ermi���d <br /> lzmits, �hen: �a} an� �uch loan c��ar�e �hall be �,educed b� �h� amoun� necessary �o reduc� ��ae cha�•g� to the <br /> �e�•mi���d limi�; �.nc� �b� any sums al�ready caile���d from I3oz•rowez, whi�h exceed�d �ermi��ed lim��s wl�l bG <br /> r�fu�ded �o Borrawer. L�ndcr m�.y cl�aose to make this�=e�und by �r�du��n� �he pt•ix��i�al ov��d unde�� �h�Nat� <br /> ��r by mal�ing a dia•�ct �aayment to Barrov�er. If a x•efund �reduces �z�incipa�, th� r�duc�ion will be ���eated as a <br /> �ax�ial p�,�pay���e��� wit�lou� any p��Gpayment char�e �whe�h�r ar nat a prepa��rne�t Gharge is ��ovided fo�r under <br /> NEBRAS�CA�Single Family -FannieMaelFreddi��Ilac UNIFC3RIV!�NSTRUMENT <br /> Form 3��8 1l0� <br /> � Laser Forms Inc,(sao}446-3555 <br /> LFI#FNMA3028 91�� �'age 9 0�f 13 I n itia ls: � <br /> � �� <br />