2� 1 ��4�38
<br /> LqAN#: 'I fi05USF�2���8
<br /> , I n�he ew�n�of a����[�akin�, destruc��on, �r lo�s in�alu�of the Pr���r�y,the I�i���l[�n�e�us Pro�eeds
<br /> shall b��p�lie+d�o the surns s��u red b��h����cu ri�}��ns�r�rn�n�,r�vh�ther ar n���he�d u�,�ri���h��x���s,
<br /> if an�, p��d �o Borra�rer.
<br /> i��h�e�er���f a par�i�l��kin�,dest�uc��Qr�,�r lo��in��lue�f�h�prap�r�in�hich the�air�arl����r�lu�
<br /> of�he Proper�� immedi��el}� be��re�he p�rt�al �aking, d�s�r��c�ian, or la�s in va�ue is e�ua� �� or�rea��r
<br /> �t��n the amau��o�th� sums �e�ured �y �hi� �ecu�i�y Ins�r�nnent im�ned���el� ��fore th� parti�l ��kin�,
<br /> d�s�ru��ian, ar loss �n Walue, �nl�ss Bo�ro�e�an� L�n�e�o�h�n�uis� ag��e in �rri�ir��, the sum� secured
<br /> b� �his Se�uri�y 1ns�rumen� s�a1! b� r�du�ed �� �he �m�un� af�I�e I�Iliscellane�us Pra�eed� multip�ied
<br /> by fih�f�l�o�v�ng frac�ion: �a}�he tatai am�un�af�he sums secured �rnmedia�e�y �efare�he parti�l��king,
<br /> des���c�ian, or lass in valu� div�ded b� �b} �he f�ir mark���a�u� �f fihe F�rop��y �m��dia���� bef��e the
<br /> par�i�l t�kin�, destruc�ior�, �r I�ss ir� value.�ny balance�h�l[ �e paid to E�or�a�er.
<br /> In �he e�re�t af a �art��l ��kin�; destruct��n, o���ss �n ��l�� o��he F'r�p��� in �►vhiG� �I�� ��ir mar�e�
<br /> ��lu�af�he Pro��r�y imm�diafi�ly b�for�th� ��r#ial �aking, de�fiructio�, ar���� in �alu� is �e�� than �h�
<br /> am�u�t vf�h� sums se�ur�d imr�e�ia�ely bef�re�he partia� ta�Cin�, dest�uc�ian, ar lo��� �n value, u�less
<br /> �3arra�r�e�an�Lend�r��her�ise�gre�in�riting,th�I�i�c�llan�ous�'rac��ds�hall be appl��d�a t�e sums
<br /> secu��d �y�his S�cur�t� �ns�rum�nt�rhe�h�r�r nQ�fhe��ms�r��h�n du�.
<br /> �f�h�Prop�r#y is aba�dar��d by BarrQ���, �r if, a�ter�o��c�by L�n�er�a B��r���r�h���he��pasing
<br /> Par�� �as d�fir��ed ir�th� n��sen��nce}off�rs�� ma�e ar� ��r�rd�Q set�l�a����m for d�mag��, ���ro��r
<br /> fails�o r�sp�nd �Q Lender►�ithin 34 days after th� da�e fihe r���ic� is giu��, L�nder i� �u�horized �� cal-
<br /> lect and apply�he I��sc�llane�us Pr����d� ei�h�r�Q res�o���i�n or r�pair of�h� Pr�pe�or ta�h� �ums
<br /> �ecured by �h�s �e������ Inst�urr����, ����h�r or n�t�hen due. "�Jppasing Pa�ty" me�n� �h� �hird ��r-ty
<br /> tha���es Barravv�r�J1��cel�aneou� F��o�eeds ar the party�g�in����om Borra�ver ha�� r��h�af�ct�an in
<br /> r�gard �a ��scel�aneous F'race�ds.
<br /> Borr��r�r �h�ll b� in d�faui� if�ny ac�i�ar� �r proceed�ng, v�het�er�i�il or�riminal, is begur� �h��, in
<br /> Lende�'s�u��rr��nt, �auld r�sult �n forF�i�u�� of the F�ro�ert� or ath�r ma�er�al irr�p�irm�n� �f Lender'�
<br /> �nt�r��t in th� Pr�p�r���r right� �nd�r fhis 5e��ri� ins�run�ent. Borro��r car� �ur��uch a�e�au��and, if
<br /> a�c�ler��ian��s��curred, r�ins���e a�provi�ed �n S�c�io� `�8, by cau�ing t�e ac�i�n ar proc�e��ng�o be
<br /> di�mi�s�� �ith a rulin� �hat, in L�r�der's jud�ment, pr�c�udes far�ei�u�� �f the P�ap�rty or other m���ri��
<br /> im�airm�n�of Len�er'� in��r���in �ne P�a���ty ar r�����u�d�er thi�Securi�� �n��rume��.The pr�ce�ds vf
<br /> �ny awar�orcl�im ford�mages�ha�ar��ttribu��b�e to�h�impai�m�n�of Len�er'�int�r�s�ir��he Propert�
<br /> �re h�reby assigr��� and shaCl be �a�d to Lender.
<br /> ��C Miscellane��s P'rac�eds��atar�notap�lted t�r�s��ra�iar�arrepairof�h�Pr�p�rty sna�ll b�e applied
<br /> in ��e�r�er prov�d�� �ar�n �ec�i�n �.
<br /> '��. E3�rrower N��Rei�ase�; F�r���rar����3y L�n�er N�t�'l�ai►�er�Ex�ensi�n of fih�tim�f��pa�-
<br /> ment or m�di�i���ion❑f amortiza�ion�f�h���ms s�cu r�d by�his Secu ri����strum�nt g ranfi�d b�L�nd�r�a
<br /> Barr�v�er�r�n�Succes�ar ir� Inter�sf of Borra��r shall n�a��p�r����o r�lease�he[iabili�y�f B�rrow�r vr
<br /> any Succ�ssors in In�eres�Q�Bar�����; L�nder shafl no��e r�q�ired to�om�en�� pr�c���ings agair���
<br /> any�uc�ess�r in lnfier�st of E�orr��rvv��or to�efus��a��fend fiime for paym�nt or��hen�ris�modify am�r-�
<br /> �iza�ion of the sum� s�cur�d by fihis Secur�ty Instrum�n��y reasan af an� d�nr�and ma�� �y�he �rig����
<br /> Barro�r�r�r any �ucce���rs in �nt�r��t�f E�arrow�r. �ny far��aran�� �y Lender in ex�rcising ��� ri�h�
<br /> or remedy inc�udin�, �vi�h�u�limifa�ion, Lend�r'�acce�t�nce �f pa�men�s from third p�r��n�, �n�i�i��ar
<br /> �ucc�s��r� in �nt�re�t�f�3�rrov��r or in amaunt� l�ss���n th� a�oun��h�n d�e, �ha�l no� �� a wa��er
<br /> of or pre�Cud�the �xercise�f�n�� righ�or remed�.
<br /> '��. J��r���n��Se�erai Li�l�����;Co-sig���;�u�c�������nd A��ig�s�ou��.�orrower���enant�
<br /> ar�d ��r�es �ha� �orr�wer's ob�ig�.�i�r�s and li�bili��} sha�l b�join� and seuer��. Ho����er, �ny B�rro�nrer
<br /> �nrh�ca-�i�n��hi�Securi��In��rumen�but da�s nafi e�cecut��h�������"co-sign��"�: (a� is ca-�ig�i�g this
<br /> ��curi��ns�rum�n�anl��a rr�art�age, gran��nd�onve}��h�c�-s�gner'�ir���rest in����'rop�rty und�r�he
<br /> �erm��f�hi�Se�uri��Instru€�r��n�T �b�i�na�p�rs�nall}�ol�li�a���to p��the�ums��c�red ���hi�S��urity
<br /> �ns�rumen�; and �G} agree���at Lender an� an� ��h�r B�arra��r can a�re��a ex��nd, modrf�, for�e�r or
<br /> m�ke any a�c��nmoda�ians�i�� re�ard tn th���rms af this S��uri�}� Ins�rum�r���r�h� Nat��i�hau��h�
<br /> ca-�igr�er's cvr�s�n�.
<br /> Subjec� �o �he prav�s�ons �f�e�t�vn �7, any ��ccessar �n �n��res� of B�vt-rQ�e�w�o as�t�mes sar
<br /> r��er'�obliga�i�n� und�r�his S�curi�� �ns�rumen� �n wr��ing, �nd is appra�e� b�y Lender, shall ��tain a1l
<br /> of ��r�a�er's r�gh�s �n�d benefi�� und�r�hi� Sec�r��� In��rument. E�orro�r�r �h�ll r��� �e released from
<br /> Barratinrer'�obliga�ian��n� �iability �r���r�his Securi� lns�rum�nt ur�l+ess Lender��re�s�o such �eleas�
<br /> in �ri��n�. The covenan�� �r��d agreemer��s Qf this Se�uri�� lnstrurr�ent sha[� bind �e�c�p�as provi�ed �n
<br /> Se��ian �9} �nd bene�i��he successor�and �s�ig�s ofi L�nder.
<br /> '�3. L.��r� �harges. Lender may cha�g� E��rrovver fe�� far �e�rr�c�s per�orm�� in c�nne���on �r��h
<br /> Borr��re�'s �efa�l�, f�r�he �urp�se of pro�eGfi�n� L�nder'� In��resfi in the Pr�per�y and righ�s un�e��h��
<br /> �ecurity �nsfir�men�, inc[ud�r�g, but n��IEmi�ed�a, a��or�eys'f��s, pr�p�r��r inspec�ian and v�lu��i�n f���.
<br /> L�nder may c�11�G�fees a�d ��arg�s�u�hori�ed ��the Secr�e�ar�y. Lender rn�� n��cha�ge fe���ha�are
<br /> ��press(y prohib�ted by fhis �ec�ur���� �ns�rumer�fi ar by Appl�c��le Lav�.
<br /> !f�h� Laan is subjec�to a lav��hich se�s �aximum [o�n c�arges, and �h��I�� is finall� in��rp��fi�d
<br /> s����t�he�nterest�r ath�r[o�n �harg�s collecfied a��a be call�c��� in�onne��ian�nrifih the Lo�n �xc�ed
<br /> the p��mifi��d limi��, �h�n: �a}any such la�n char�e�h��l be reduce� by�h�amo�nfi neces���to��duc�
<br /> the ch�r�e to t�e p�rr��tt�d �im�t� and �b} any sums already coll�c��d fr�m Borr��nr�r�hich ��c�e�ded
<br /> hlEBRASKA—Single Family—Fannie I�IaelFreddie�ac�NIFQRI�I I(�STR�I�Eh�T Farm 3��8�N1�'I
<br /> Modified for FH�9f�014�HUa Handb��k���a.�� �nitlals: ��
<br /> Ef�ie Mae, Inc. Page 7 af 1� NEEFHA15DE �9�5
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