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2� 17��477 <br /> L�AN#: 'I 9'I G254fi5fi <br /> amvunt af ths sums secured immediately befo�e the partial faking, destruction, or Ios� in value, unless <br /> Sarr�w�r and Lender vtherwise agr�� in writing, the Miscei�anevus Proceeds shall be applied to the <br /> sums secured �y this 5ecurity Instrument whether or no#the sums are th�n due. <br /> If the Praperty is abandoned by Borrawer,or if,after n�tice by Lender tv Barrow��that#he�pposing <br /> Party�as d�f ned in the next sentence}affers#o make an award to s�t#le a claim for damages, Barrower <br /> fa��s to respand to Lend�r wi�hin 30 days after th�date the nvtice is gi�en, Lender is authori�ed to collect <br /> and apply the Miscellaneous Praceeds �ither t� r�stvration or �-epa�r af the Propsrty or to the sums <br /> secur�d by th�s Security Instrum�nt, whether ar nat then due. "�pposing Party" means the third party <br /> �hat owes B�rrower Miscellaneaus Proceeds or the party against wh�m Borrower has a right o�action <br /> �n regard to Miscellane�us Prac�eds. <br /> Borrower shall be in defauxt if any action or pr�ceeding, whether�ivil or c�iminal, is begun that, in <br /> Lender's judgment, could result in farfeiture vf the Praperty o�other material impairment of Lender's <br /> interest in th� Pr�per�y or r�ghts under this 5ecurity Instrumen�. Borrower can cur�such a default and, <br /> if acceleration has occurred, reins�ate as pro�ided in 5ection ��, by causing th�ac�ion or praceed�ng <br /> fa be dismissed with a ruling that, in Lender's judgment, preciudes forfeiture of the Property or other <br /> materia� impairment of Lende�'s inter�st �n the Property or rights un�er this Security �nstrum�nt. The <br /> proceeds of any award ar claim for damages that are attributable to the impairm�nt of Lende�'s interest <br /> in the Property are hereby assigned and sha�� be paid to Lender. <br /> A!I Miscellaneous Proceeds that are not app�ied to r�storation ar repair �f th� Property shall be <br /> applied in the order pro�ided for in Section 2. <br /> 12. Borrower Nat Released; F�rbearance By Lendsr Not a Wa��er. Extension o�the #ime for <br /> payment �r madification of amortizati�n of th� sums secured by this S��urity Ins#rument granted �y <br /> L�nder to B��rower or any Succ�ssar in Interest of Borrawer sha�l not operate �o release the liability <br /> of B�rrower or any Successors in Interest of B�rrvwer. Lender shall not be requir�d to commenc� <br /> proceedings against any Su�cess�r in lnter�st af Barr�wer or to r�fuse to extend time for�ayment or <br /> othen�vise modify amo�tization of the sums secured by this 5e�uri#y Instrument by reason of any demand <br /> mad� by the origina� Borrower or any Successors �� Interest af Barrow�r.Any f�rbearance by Lender <br /> in exercising any right or remedy including, without limitat�on, Lender's acceptanGe of paymen#s from <br /> third persons, entities or Successvrs in Interest of Borr�wer or in amounts less than the amount then <br /> due, shatl not be a wai�er of�r p�ec�ude the exercise vf any right or r�medy. <br /> 13. Joint and 5e�eral Liability;Co-signers;Successors andAssigns Bound.B�rrowercov�nants <br /> and agrees that Barr�wer's obligations and IiabiCity shall be joint and se�eral. Howe�er, any Barrowe� <br /> who ca-signs this Security Instrument�ut does not exe�ute the Note�a"co-signe�"}:�a}is co-signing this <br /> 5ecurity Instrument only to mortgage, �ranf and canvey the�o-signer's interest in the P�operty under <br /> the terms of th�s Security Instrument; �b} Es nat persona[ly obligated t❑ pay the sums secured by this <br /> Secur�ty Instrument; and ��} agrees that Lender and any other Barrawer can agree to extend, madify, <br /> fvr�ear or make any accommodations with regard to the terms of th'rs Security Instrument or the Nate <br /> without the c�-signer's consent. <br /> 5ubject to th� pro�is�ons of �e�tion 18, any Successor in I nterest �f Borrower who assumes <br /> B�rrower's�b�igations under this 5ecurity Instrument in writing,and�s appr��ed�y Lend�r, shal�abtain <br /> al!of Borrower's rights and benefits under this S��urity Instrum�n�. Borrower shali no�be releas�d from <br /> B�rrower's o�ligations and lia�ility under this 5�curity lnsfrument unless L�nder agrees to such�el�ase <br /> in writing.The�o�enanfs and agr�em�nts of this Security Instrument shall b�nd �except as�ro�ided in <br /> Sec�ion��}and b�nefit the successnrs an� assigns of Len�er. <br /> 'I 4. Laan Charges. L�nder may charge Borrower fees for s��vi�es perfarm�d in can n�ction with <br /> Borrower's defau�t, for th� purpose of protecting Lender's interest in#h� Property and rights under this <br /> 5ecurity Instrument, including,but n�t�'rmited to,attorneys'fees,prop�rty inspection and va�ua�inn fees. <br /> In regard to any ather fses, the absen�e of express authority in this Security �nstrument to �harge a <br /> spe��fic fee�o Borrawer sha��not be construed as a prohibitinn�n the charging of such fee. Lend�r may <br /> not Gharge fees tha�are expressly prohibited by this Securify Instrument or�y Applicabl� Lav►r. <br /> If th� Laan is subjec#to a law which sets maximum loan charges, and that law is finally in#erpreted <br /> so that the interest or other�aan charg�s�ollected ar to be collected in connection with the Loan exceed <br /> the permitted limi�s,then: �a}any such Ioan�harge shal�be reduced by the amount necessary�o reduce <br /> the charge to the permitt�d limi�; and �b} any sums al�eady collected from 6orrower which exc�eded <br /> perm�tted limi#s will be refunded to Barrower. L�nder may chaose tn make this refund �y reducing the <br /> principaf owed und�r the Nate or by making a dir�ct payment ta Borrower. If a refund reduces prEncipal, <br /> the redu�ti�n vuill �e�reated as a partial pr��ayment wEth�ut any prepayment charge�whether ar not a <br /> pr��ayment charge is pravided for under th� Note}, Borr�wer's acceptance af any such refund made <br /> by direct paym�nt to Borrow�r w���cons�i#ute a wai�er af any right of action Barraw�r might have arising <br /> out af such o�ercharge. <br /> 15. N�tices.All natices gi�en by 8arroweror Lende�in connectEon with this 5ecur�ty Instrument must <br /> be in w�itin�.Any natice to Borrower in c�nnection with this S�curity�nstrumenf shall b�deemed t�ha�e <br /> been given tv 8orrower when mai�ed by first class maii or when actually delivered to Borr�wer's notice <br /> address if sent by ather means.Noti�eta any one Barrowershall constitute noticeto ail Borrawers unl�ss <br /> Applicable Law ex�ressiy requires oth�rwise.The no�ice address shalf be the Praperty Ad ss u less - .��.� <br /> lnitials: <br /> NEBRASKA--Single Family--Fannie IVIaelFreddie IVlac UNIFQRM lNSTRUMENT Farm 3�ZS 1�D1 <br /> Elfie Mae,�nc. Page$of�1 NEEDEE❑ �315 <br /> NEEDEED(CL5} <br /> . <br />