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201603460
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Last modified
7/24/2017 2:02:52 PM
Creation date
6/3/2016 2:30:21 PM
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DEEDS
Inst Number
201603460
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2� 1 ��34�� <br /> amount af the sums secured im�nediately before the par�ial taking, destruction, or lo�s in�alue, unless <br /> Borrower and Lender otherwise agree in vvritil��,th�Miscel�aneous Praceeds sha�1 be appl ied t�the <br /> sums secured b�this 5ecurity Instrument wh�ther ar n��the sums are then due. <br /> �f the Property i s abandoned by B orrower, ar i f, after noti ce by Lender to B orrower that the�ppos i ng <br /> Party�as def ned in the next sentenc�} offers�o make an award ta settl� a c�aim for damages, Barro�ver <br /> fails to respond to Lender within 3�days after�he date the notice is gi�en, Lender is author�zed to <br /> c�llect and app�y the Miscellaneous Proceeds either to restora�ion or repair af the Propet�y or to the <br /> sums secured by this Securi�y Ii�strume���, whether or nat then due. "�pposing Par-�y" �neat�s the th�rd <br /> party that o�ves Barrower Miscellaneaus Proceeds or the party against wh�m Borror�ver I�as a right�f <br /> action in regard ta Miscellaneo�.�s Proceeds. <br /> Borrower shall be in d�fault if any action or proceeding, whether civil or criminal, is begun�hat, in <br /> Lender's judgment, could result in f�rfeiture of the Property ar other�r�a�eria� irr�pairment of Lender's <br /> interest in the Property or rights under this Security Ins�rument. Borro�ver can cure such a default and, <br /> if acceleratian has occurred, reinstate as pro��ded in Section 19, by causing the action or proce�ding <br /> t�be dis�nissed with a ruli��g that, in L�i�der's j�.�dgment, precludes forfeiture of�he Proper�y �r��her <br /> material impairm�r�t of Lender's interest in tl�e Property ar r�ghts u��der�his Security �nstrumet�t. The <br /> proceeds of any a�vard or cla��r� for damages tl�at are attri�u�able�a the impa�rmen�of Lender's i�1�er�s� <br /> in�h� Prop�rty are hereby assigped an� shall be paid to Lender. <br /> Al� Miscellane�us Praceeds that are ��ot app�ied to restorati�n�r repair of the Praperty shall be applied <br /> in the order pro�ided for in Section 2. <br /> '�2. Borrower Not Released; Forbearance By Lender Not a Vllai�er. E�tension of th� <br /> time for payment or modification af amortiza��on of the sums secured by this Security Instrument <br /> granted by Lender to Borrower or any Successar in Interest of B�rrawer shall not nperate to release <br /> the lia�i�ity of Borr�vver ar any 5ucc�ssors in In�erest of Borra�ver. Lender shall no� be r��uired�o <br /> coinznence praceedi ngs agai nst any Successor i r� I n�erest�f Borrovver ar to refuse to extend�i x�ne <br /> for payment or othervvise modify a�nor�ization of t��e sums secured by �his Security Ins�rume�zt by <br /> reason of any demand tnade by the originaI Borrower or at�y 5u�cessors in Interest of Borra�ver. <br /> Any farbearance by Lender in exercisin�ai-�y righ�or remedy including, vvithout Iimitati�n, Lender's <br /> acceptance of pay�nents from �hrrd persons, entities or Suc�essors in Inter�s�of Borravver ar i�� <br /> atnounts less than the am�u��t then due, shall no�be a vvai�er of or preclude the e��rcise of any right ar <br /> remedy. <br /> '13. Joint and Se�eral Liability; Co-signers; Successors and Assigns S�und. B�rrower <br /> ca�enants and agrees that B�rr�wer's obl igati�ns and 1 iabi 1 ity s1�a11 �e joint and se�era�. H�we�er, <br /> any Borrovver who co-s�gns this Security �nstrument bu�does i�at execute the Note�a "ca-signer"}: <br /> �a} is co-signing this Security Instrument o���y to mor�gage, grant and con�ey�he co-signer's interes� <br /> in the Praperty under the terms of this Security Instrum�pt; �b} is x��t perso��ally obligated to pay�he <br /> sul�ns secured by this 5ecurity Instrument; a��d�c}agrees that Len�er and any ather Borrawer can <br /> agree to extend, m�dify, forbear or make any accom�nodations vv��h r�gard to�he terms of this Secur�ty <br /> �nstrument or the Nate vvithout the�a-sig��er's consent. <br /> HCFG-�d359 <br /> NEBRASKA-Single Family-Fannie MaelFr�ddie Mac UNlFQRM INSTR�M�NT Form 3��8 1l01 <br /> VM Pt9 <br /> 1�115 <br /> Wolters Kluwer Fir�ancial 5ervices 2��6D52115.3.2.35�9-J��1 fi01�DY , Page 11 af 17 <br /> `9 8637162 3* <br />
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