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2� 1 ��3432 In the e�ent of a partial taking,destruction,ar loss in value of the Property in which the fair marke� value of the Pr�perty immediately bef�re the partia�taking,destruction,or loss in�alue�s less than the amount of the sums secured immediately�efore the partial taking,destructi�n,or loss in�a1ue,unless Borrower and L�nder otherwise agree in writing,the Miscellaneous Proceeds shall be applied t�the sums seCured by this Security Instrument whether or no�the sums ar�then due. If the Praperty is abandoned by Borrawer,�r if,after n�tice by Lender to Borr�wer that the�ppasing Party(as defined in the next sen�ence�ofFers to make an award to settle a claim for damages,Borrower fails t�respond to Len�er w��hin 3�days after the date the notice is gi�en,Lender is authorized to collect and apply the Miscellaneous Proceeds either�o res�oration or repair of the Pr�perty�r to the sums s�cured by this 5ecurity Instrument,whether�r n�t then due. "�pposing Party"means the third party that owes Barrawer Miscellaneous Proceeds or the par�y against whom Bvrrower has a right of action in regard to Miscellaneous Praceeds. B�rrovver sha11 be in default if any action�r proceeding,whether ci�i1 or criminal,is begun that, in Lender's judgmen�,could result in forfeiture of the Pr�perty or other material impairmen�of Lender's �nterest in the Property or rights under this S ecurity Instrument.B�rrawer can cure such a default and, if acceleration has o�curred,reinstate as pro�ided in Section 19,by causing�he action or prviceeding tv�e disrnissed with a rulir�g that,in Lender's judgment,precludes forfeiture of the Property or other material impairment of Lender's in�erest in�he Property or r�ghts under this Security Instrument. The praceeds of any award or claim far damages tha�are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid t�Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order pro�ided for in Section�. '�2. B�rrower Not Released; Forbearance By Lender Not a INai�er. Extension�f the time for payrnent or mvdification of amar�ization of the sums secured by this Security Instru.ment granted by Lender t�Borrower or any Successor in Interest of B�rrower sha�l not operate to re�ease the liabiiity of Borr�wer or any Success�rs in Interest of Borrower.Lender shall not�e requ�red t� cammence proceedings against aeny Successor in Interest of Borr�wer or to refuse to extend time for payrnent or otherwise m�dify amortization of the surns secured by this Security Instrument by reason vf any demand made by the original Borrower or any Successors in Interest of Borr�wer. Any forbearance hy Lender in exercising any r�ght or remedy including,without limitation,Lender's acceptance�f payrnents from third persons,entities or Successors in Interest vf Borrawer vr in amounts less than the amount then due,sha11 not he a wai�er of or preclude the ex�rc�se of any right or remedy. '�3.Joint and Se�eral Liability; Co-signers; Suc�essors and Assigns Bound.Bvrrower covenanxs and agrees that Borrower's obligati�ns and�iability sha11 he jo�nt and se�era�.Hawe�er, any B�rrower who co-signs th�s Security Instrument but does not execute the Note�a"co-signer"}: (a}is co-sign�ng this Security Instrurnent vn�y to rnortgage,grant and c�nvey the co-signer's interest in�he Property under the terms of this Security Instrument; �b}is not personally obligated to pay the sums secured by this Security Instrument;and(c}agrees that Lender and any other Borrower can agree to extend,modify,f�r�ear or rnake any accornmodations with regard�v the terms of this Security Instrument vr the Note without the co-signer's consent. HcF�aa3�s NEBIZZASKA-Single Famdy-Fannie MaelFreddie Mac UNIFORM INSTRLIMENT Farm 3�2811�'i VMP� 1 a115 Walters Kluwer Financ�al Sernces 2D16U51815 3�35q9,1��15�430Y Page 11 of 1 l . *