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2� 1 ��45�� In the e�ent of a partial taking,d�struction,or loss in�alue of the Proper�y in which the fair market �alue of the Property immediately�efore the partial taking,destruction,or loss in value is less than the amount of the sums secured immediately before the partial tak�ng,destruction,or loss in�alue, unless Borrower and Lender otherw�se agree in writing,the Miscellaneous Froceeds shall be applied to the sums secured by this Security Instrument whether ar not the sums are then due. If the Property is abandoned by B�rrower,or if,after notice hy Lender to Borrower that the�pposing Party�as defined in the next senten�e}offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 34 days after the date the notice is given, Lender is authorized to cvllect and apply the Miscel�aneous Proceeds ei�her to restoration or repair of the Property or to the sums secured by this Security Instrument,whether or not then due. "�pposing Party" means the third party that owes Borrower M�scellaneous Proceeds ar the party against whom Borrower has a right of action in regard to Misce�laneous Proceeds. Borrower shall be�n default if any action or pro�eeding,whether ci�il or criminai, is begun that, in Lender's judgment,cauld result in forfeiture of the Property or other materiai impairment af Lender's �nterest in the Property or rights under this Security�nstrument. Borrower can cure such a default ar�d, if ac�eleration has occurred,reins�ate as pro�ided in Section I9,by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment,precludes forfeiture of the Property ar other material impairment of Lender's interest in the Property or rights under this Security Instrument.The praceeds of any award or claim for damages that are attributabl�ta the impairment of Lender's interest in the Property are hereby ass igned and shal t be paid t�Lender. All Miscellaneous Proceeds that are not appiied to restoration or repair of the Property shall be applied in the order pro�ided for in Section 2. �Z. Borrower Not R�leased; Forbearance By Lender Nat a Wai�er. Extension of the time far payment or modification of amortization of the sums secured by this Se�urity Instrument granted by Lender to Borrower or any Su�cessor in interest of Borrower shati not operate to release the liability of Barrower or any Successars in Interest of Bvrrower. Lender shall nat�e required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amorti2atian of the sums secured by this Security Instrument�y reason of any demand made by the original Borrovwer or any Suc�essors in Interest of Borr�wer. Any forbearance by Lender in exercising any right or remedy in�luding,wi�hout timitation, Lender's a��e tance of a ments from third persons,entities or Successors in Interest of Borrower or in p pY amounts iess thar�the amount then due, shall not be a wai�er of or pre�lude the exercise�f any right or remedy. '13. Join#and 5e�eral Liability; Co-signers; 5u�cessors and Assigns Bound. Borrower cavenants and agrees that Borrower's obligations and liability shall be joint and se�erai. Howe�er, any Borrower who co-signs this Security Instrument but does not execute the Note(a"co-5igner'�}: (a} is co-si�ning this Security Instrument only to mortga�e,grant and can�ey the co-signer's interest in the Property under the t�rms of this Securit}�Instrument; �b} �s not personaily obligated to pay the sums secured by this Security Instrument;and(c}agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accammodations with regard to the terms of this Security Instrument or the Nate without th�co-signer's consent. HCFG-00359 NEBRASKA-Single Family-Fannie MaelFreddie Ma�IJNIF�RM INSTRUMENT Form 3�281101 ��y 1'�1'i 5 Wblters K�uwer Financial 5enrives �01fiIX�30i 5.3.2.3509-.f2016�120Y Page 11 of 1? . ,�