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2� 1 ��� 189
<br /> In�he event of a tota�ta.kina, destructzon, or Ioss in va�.ue of the Proper�y, the Miscellaneous Proceeds s�ial�be
<br /> appl i ed to the sums secured by this Security Instrumen�, whether or nat then due, �vith�he excess, xf any, pa.id to
<br /> Borrotiver.
<br /> In the event of a part�al�ak�ng, destruc�ion, or loss in value of�he Properry in which the faxr mar�et value of
<br /> the Property zmmedzately before th�partzal�a.k�.ng, des�ruc�.nn, or�oss zn value is equa�to or grea�er�han th�amount
<br /> of the sums secured by�s Security Ynstrument immediately b�fore the partial tak�ng, destruc�z�n, or�oss in�alue,
<br /> unless Borro�ver and Lender otherwzse aaree in writ�ng, the sums secured b�r�his Securi�y Instrumen�sha��be reduced
<br /> by the amount of the Misce�ianeous Praceeds multiplied by the fo�iourin�frac�on: �a}the total am�unt of the sums
<br /> secured�mmediately before the paxti.a.�ta.ki.ng, destruct�on, ar Ioss in value div�ded by(b�th�fa�r marl�e�value of the
<br /> Property zmmed.xate�y befnre the partial takin�, d�structron, or loss in�alue. Any ba�ance sha�X be pazd�o Barro�ver.
<br /> In the e�ent af a parti.a�ta.king, destructron, ar Ioss�n value of�he Property xn whi.ch the fa�r marke�value of
<br /> the Property immediateiy before�he partial�a.king, des�ruction, or�oss in va�ue is less�han�he amoun�of�he sums
<br /> secured immedia�t��y before the partral�a.k�ng, des�ructzon, or�oss xn va�ue, un�.ess Borrower and Lender fltherwise
<br /> a�r-ee in tivritzng, the M�sce�laneous Proceeds shall be app�xed to the su.ms secured by th�is Secwnity Instrument�whether
<br /> ar not�he sums are�hen due.
<br /> If�he Property is abandoned by Borrower,or if, after notice by Lender to Borro�ver�hat the�pposinb Party�as
<br /> defned in the next sen�ence} affers to make an award�o set�Ie a claim for damages, Borrower fails �o respond t�
<br /> Lender w�th�.n 3�days after the da�e�he notice is gi�en, Lender is au�harized�a collec�and appl�r�he Misceiianeous
<br /> Pro�eeds e�ther�a restorat�an or reparr of the Properry or�a�he sums secured by this Security Instrument, whether
<br /> or not then due. "�pposing Party" means the�rd par�y that owes Borrower Misce�Ianeous Proceeds ar�he par�y
<br /> agaznst v�hom.Borrower has a righ�of ac�ian in regard to Miscel�aneous P�oceeds.
<br /> Borrovver sha.��be in defau��if any act�on or proceeding, whether c�vi�or criminal, xs be�un.tha�, in Lender's
<br /> jud�nen�, cou�d r�suit zn forfeit-u.re of the Proper�y or other m�.teria��mpaxrm�nt of Lender's�nteres�xn the Property
<br /> or ri�h�s under th.xs Securi�y Ins�rumen�. Borrower can cure su�h a defau�t and,if acceleration has occurred,reins�a.te
<br /> as pro�ided �n Sec�ion 19, by causina the ac�.on ar proceedin� to be dismissed wi�h a rul�na that, in Lend�r's
<br /> judgment, precludes fflrfeiture of�he Property or other material impairment of Lender's interest in the Property or
<br /> r��h�s under th�s 5ecurity Instrument, �e proceeds of any award pr�Iaim for damages�ha�axe attx-�.buta.ble to the
<br /> zmpairmen�of Lender`s �nterest in the Property are hereby assigned and shall�be pa.id to Lender.
<br /> A��Miscellaneous Proceeds tha�are not app�ied to restoratzan�r repa�r of�he Property sha�I be app��ed zn the
<br /> order provided for in Sec�ian�.
<br /> 1�. Eorrower Not l�e�eas�d; Forbea.rance��Lea�der Not a�a.�ve�-. Extension of�he t�me fQr paym�n�or
<br /> modifica�ion of amor�i.zat�on of the sums secured by th�.s Security Instrur�ent gran�ed by Lender�a Borrotiver or any
<br /> Successor in Interest af Borrower sha�l not operate to release th�l�abil�ty of Borra�uer or any SuGcessors in Interest
<br /> of Borrower. Lender shal�na�be requzred to comxnence proceedings agaznst any Successor in In�erest af Borrow�r
<br /> or to refuse to extend �me for paym.ent ar o�her-�vise modify amaz-�ization �f�the sums secured by th�s Securi�ty
<br /> �ns�rument�y reason of any demand made by�he ori�na�Borrourer or an�Successors in Interest of Borrower. Any
<br /> forbearance by Lender in exercis�ng any ri�h� or rem�dy �nc�ud.xn�, �vi�h�u� Iimi�a.�.on, Lender's accep�a.nce of
<br /> paym�nts from�hird persons, ent�txes or Successors�n Int�rest of Borrower or�n amoun�s�ess�han�he amount then
<br /> due, shall not be a�va��er of or prec�ude�he exercise of any right or remedy.
<br /> 13. J�ir.�t and Sev�ral.Liab�ty; �o-s�i.��x�.ers;Successors and Assi��ns]Boumd. Borrower covenants and abrees
<br /> that Borrower's obligat�ons and��ab�lity shall be jaxn�ar�d se�eral. Hotivever,any Borrower�rha co-sxQms this Securi�y
<br /> �ns�rument but does not execute the Note�a"�o-s��ner"�: (a�is co-sxgn.3ing this Security Instrument only to mortgage,
<br /> graxa.t and canvey the ca-sYgrl.er's interest xn the Property under the �erms of t�us Security Instrumen�; �b} is not
<br /> personally ob��gated to pay th�sums secured by�his Security Instrumen�; and�c} agrees tha�Lender and any o�her
<br /> Borrower can agree�o extend., xnodify, farbear or make any accammflda�ians wi�h regard to the terms of this 5ecurity
<br /> Ins�rument or the Note w�thout�he co-s�gner's con�sen�.
<br /> 5ubj ect �o the proviszons of Section 1 S, any Succ�ssor in In�eres� of�3orrov�rer �vho assumes Borrov�rer's
<br /> ob�igatians und�r thi.s S�curi�.y Instrument in writ�ng, and�s approved by Lender, shall o��a.�n a�l of Borrower's rights
<br /> and benef-its under�his Security Instrumen�. Borrower shall na�be released from Borrower's ob�igatzons and Iiab�l�ty
<br /> NESRASKA-Sing[e Family--Fannie MaelFreddie Mac UN[F�F�M 1NSTRUMENT- MERS �����l� o .
<br /> Fvrm 3�28 �[I�� �9e g a� '�� vv wv�r_doc�r�ra�rc,cnfrr
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