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2� 1 ��8119 <br /> L�AN#: ���439385'� <br /> lr�the���nt�f a tatal tak�n�,destruc�ion,ar foss in�alu�vf the Pro��rty,th�Misc�llaneous Praceed� <br /> shall be a�plied��th�sums�ecured loy this Security lnstrument,whether vr n�t then du�,v+►ith�he excess, <br /> if any, pa�d to Borro�►er. <br /> I n�he event�f a pa�tial�aking,destruc�ivn,vr I�ss in value nf the Property in which the fair ma�ce�val�e <br /> of�he Praperky immedia��ly I�efore�he �art�al tak�ng, d�struction, �r loss in value is equal t� or grea�er <br /> than the am�unt of th� �ums se�ured �y this Security tns#rum�n�imm�dia��ly befvr�the partial taking, <br /> d�stru��i�n, nr f�ss in�a�u�, unless Barrower and Lender�th�nn►is� agre� in�riting, �he sums se�ured <br /> by �h�s Securi�y �nstrum�nt �half b� r�duced �y the amount �f�he Miscellaneous Pro�e�ds multiplied <br /> b��he fo�l�win�fract�on: �a�the total amaunt af�h�sums secured �mmediateiy �ef�re the p�artia�taking, <br /> des�ructian, or loss �n va��e divid�d by ��} the fair marke�value of the Prap��ty imm�diafiely befa�e the <br /> partia�taking, d�struc�ion, �r�oss in va�ue.►�ny balance shai! be pai�to garr�v��r. <br /> In the even�vf a part�al taking, destruc�ian, or�oss in value af the Pfopert� ir� whi�h th�fair market <br /> value af th� Propert� imm�dia�e�y before�he partial taking, d�s��uction, ar las� �n value is ��ss�han th� <br /> amaunt of the sums s��ured imme�ia�e�y before�he part�al tak�ng, de��rucfiion, v��oss in value, unl�ss <br /> Borrvwe�and L�r�der o�h�n►vise a�ree in writing,the Misce�laneous Pro�eeds shall be appii�d to the sums <br /> secured by this Security lnstrumer�t�rh�th�r or not the�ums are then due. <br /> �f th�P�operty is abandoned lay Bo��vw�r, ar if, after noti�e by Lender tfl B�r�ornr�r that�he�ppos�ng <br /> Party �as defined in th�n�x�sen�ence}offers tv make an award�o settle a claim for damages, Bo�ra�►er <br /> fails ta respond t� Lende�within 30 days after the dat� the na�ice is gi�en, L�nde�is au�h�r�zed t�c�lw <br /> lect�nd apply the Miscellan��us P�oceeds�ither t� restoration or��p��r of�he Praperty ar to the sums <br /> s�cured by this Se�urity Instrument, w���her or not�hen due. "apposing Party" means the third party <br /> tha�awes Borrower Miscellaneous Prac�eds�r th� party aga�nst vWhom Barrower ha��right of actian in <br /> regard to Mi�celianeaus Proc��ds. <br /> Borr�w��shall b� in default if any a�t�an �r proceeding, whe�her c��il or�riminai, �s lv��un �hat, �n <br /> Lender's judgm�n�, ��uld re�ult in f�rFe�ture af the Prop�rty or o�h�r ma��ria� impairmen� of L�nder's <br /> interest in the Prop�rty�r�i�hts un��r�his�ecurity�nstrument. Borrower can cure such�default and, if <br /> acc�lerat�on has occurr�d, reins�afie as provided in S�c�ion �8, by caus�ng th�action�r proc��d�ng ta be <br /> �ismissed wi�h a rulin� tha�, in L�r�der's�ud�ment, precludes fo�feiture of the Pr�p�rty or��h�r ma��rial <br /> impairment af Lender'�in�eres�in the Proper�y o�r�ghts under th��Secur��y�ns�rument.The proc�eds of <br /> any award or claim for damag�s that��e a�#ribut�bie ta th�impa�rment of L�nder's�nteres�in�h�Proaerty <br /> a�� hereby assigned and sha�! be paid�o Lender. <br /> All Miscellaneous�rocee�s tha�are not appl�ed to res�orat�on or repair of�h�Prop�r�y shal!be appl�ed <br /> �n the�rde�provided for in Se�tion 2. <br /> ��i. Barrower N�t Release�;For�earanc�Sy Lender Not a Wai�er.Ext�nsi�n af the�ir�ne for pay- <br /> men�or m�d ifiGat�on o�amar���ation af the su ms s��u red�y th is Secu r�ty�nstru men�g�anted by L�nde�t� <br /> Ba�row�r ar an��ucc�ssor�n lnteresf of Borr�wer shaii not aperate to re��ase the f�ab��i�y of Borrower or <br /> any Suc�essors�n In��rest�f Barr�wer. L�nde�shall n��be requir�d ta cnmm�nce proc�edings aga�nst <br /> any Success�r in �nterest vf B�rr�vtirer�r�o re�us�to extend time for paym�nt�r o�h�rw�s�modify amar- <br /> ti�ation of the sums secur�d by�h�s Secu�ity lnstrum�n��y reasan af any demand �ade by the arigina� <br /> Borrflwer or any Successor� in �nter�s�vf�3orrawer.Any forb�a�ance by Lend�r�n exer�ising any righ� <br /> ��remedy including, withou��imi�a��on, Lender's acceptan�e of paym�n�s fram third p�rsons, entities�r <br /> �ucc�ssars in In�er�st�f Borro�ver or in amvunts �ess than �he am�unt�h�n du�, shall na�be a waiver <br /> o��r pr�c�ud��h��xercise of any r�gh�ar remedy. <br /> ��. Jo�nt and S�veral Liability;G�-�signer$;�ucc�ssor�and Assi�ns Soun�.Borr�wer cvvenant� <br /> and agr�es that Bo�ro►nrer's obligations and liability shall be join� and se�e�ai. Howe�er, any Borrower <br /> ►�rho co-si�n�this Securi�y Instrument but daes r�ot execu���h�Not��a"�a-s�gner"�: �a�is co-�igning this <br /> Securi�y lns�rumen�only�o�o�tgage, grant and�anvey the ca�s�gn�r's�nter�st�n the Property under the <br /> terms vf this Securi�y#ns�rum�n�; �b}is no�p�rsona�ly�bligated to pay the sums secured by this�e�uri�y <br /> �nstrumen�; ar�d �c}a�rees�ha�L�nder and any v�her Bor�ower�an agree to ex�end, madify, farb�ar or <br /> mak� any a�cor�nmvdations with regard to the terms of this S��u��ty Insfirumen�or�he Note withvut�he <br /> ca-signe�'s cons�nt. <br /> Sub�e��ta �he pro�isior�� of S��tion �7, any Succ�ss�r in Int�rest of Barrower�rho assumes B�r- <br /> rvwer's obligations unde�this�e�uri�y �nStrument�n wri�ing, and �s appraved by L�nder, sha�! ob�ain all <br /> of Borrow�r's r��hts and ben�fits und�r this Security Instrumen�, B�rr�w�r sha�f not be releas�d from <br /> Borrower's obl�gat�on�and �ia�i�ity under this S�curi�y �nstrument un�ess L�nder agrees t��uch re�ease <br /> in writin . Th� cov�nants and agreements of this �e�urit� �nstrum�nt shall bind �excep�as prvvide� in <br /> 9 <br /> Sect�an 19}and benefit th�succ�ssors and assigns of Lender. <br /> 13. L�an Charges. Lende� may charge Borro�ver fees far services p�r��rmed in c�nnectian w��h <br /> Borra�w�r's defaul�, for the purp�se ��prQ�ecting Lender'� �n�er�st �n th� Praper�y and rights under this <br /> Secu�� �ns�r�ment, includ�ng, �ut not�im�ted�a, attamey�'fees, prop�rty �nspection and�aluat�o�fe�s. <br /> � <br /> Lend�r may co�i�ct fees and charg�s authari�ed by the �ecretary. Lender may not charg�f�es that are <br /> �xpressly pro�i��fed by th is Secu rifi�►� �n��rum�nt vr�y►�pp��cable Law. <br /> If t�e Loan is su���ct tv a law wh�ch se�s max�m�m �o�n charges, and �hat law �s f�naily �nterpreted <br /> so tha�th��nt�resfi or other loan charges�ol�ected or ta�e�o�le��ed �n connec�ian with th�L��n�xceed <br /> the ermitt�d�irr���s, then: �a}any such��an charge shall be�educed by�h�amaun�neces�ary ta reduce <br /> � <br /> the char e �o the p�rmitt�d limit; a�d �b} any sums already coilected from Bvrroin►e�which exceeded <br /> 9 <br /> NEB�tASKA—Single Famil�r�Fannie MaeiFreddie�ac IJN�F4RM�NSTRUMENT Farm 3D�8'f!0'� ,� <br /> Mvd�fied far FHA 9I�0�4�HUD Handbook 40�Q.1� InItIaIS: <br /> Ellie Mae,lnc. Page 7 ofi 11 NEEFHA15DE 09�5 <br /> NEEDEE❑�CLS} <br /> 111�512��fi�2:55 PM PST <br /> ... ti <br /> _ � <br />