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I I <br /> I <br /> 2� 17� 1582 <br /> L��AN#: 'Ifi�18179'I <br /> amount af the sums secured immediate�y be�ore the {�artial taktng, des�ruction, �r�oss in �alue, uniess <br /> Borrow�� and L�nder atherwise agree in writing, �he Misce�lan�ous Proceeds sM�l� be applied t� the <br /> sumS secured by this Secu�ity Instrum�nt whe�her�r nvt the sums are then due. <br /> If the Praperty is abandan�d by B�rrov+�er, or if, after noti�e by Lender t❑8�r�ouv�er that the�ppvsing <br /> Party�as defined �n the next sentence}affers to make an award to s�ttle a claim fot�damag��, B�rrow�r <br /> fatls to respand ta L�nder w�th�n 3U day�after the date the nvti�e is given, L�nder is�authorized ta�o�l�c� <br /> and app�y the Miscellaneous Proceeds eEther t� res�oratian or repair a� the pra �rty �r to the sum� <br /> s��ured by this S�curity Instrum�n�, whether or n�t then due. "�ppasing Party" eans �he third parky <br /> that owes Bor��wer Misc�llaneous Pr�ceeds or the party against vvhom Borr�wer�has a righ�of actton <br /> in regard to M�sc�llan�aus Prac�ed�. ' <br /> Borrower sha�l be in default i�any action ar pra�e�ding, whether civi� or crirr� a�, is ioe�u� that, in <br /> Lender's judgmen�, cau�d r�sult in forFeitur� �# th� Prap�rty �r other mate�ial �m airment of Lend�r's <br /> �nterest in th� Property or righ�s under this Securit� Instrumen#. Borrower can cur�� such a defau�t and, <br /> i�acc�lera�ion has accurr�d, reinstate as provided in Section 19, by causing the �ctian ar pro�ee��ng <br /> to be dismissed w�th a ruling that, ir� Lender's judgment; �rec�ud�s farfe�ture of��� Property ar o�her <br /> mat�ria� irnpairm�nt a� Lender's in�erest in the Proper�y or r�gh�s under this Sea�rity Instrum�nt. The <br /> praceeds��any awa�d or ciaim for damages that are attributable to�he impairme���f Lend�r`s �nt�rest <br /> in the Property a�e hereby assigned and shall be paid ta L�nder. <br /> A�l MEscellanevus Pr�ceeds that are not applied to res�flt�atian or repair of t�e Praperty shall be <br /> applied in the �rde�provided for �n Section �. <br /> 12. Borr�wer Not Relea�ed; Forbearanc� By Lender Not a Waiver. Ext��sivn �f th� tim� f�� <br /> payment ar m�dificatian of amorti�ation af th� sums s�cured by this Secu�Ety Ir��trument granted by <br /> Lend�r to Borrower or any Successor in lnterest o� Barra�ver shal� nat aperate t� rel�ase the liab�lity <br /> �f Borrower or any Successors in �nter�st a� Borrow�r. L�nder shall not be re�uir�d tv �ommence <br /> proceedings against any Successar in �nferest of Borrower or tv �efuse to extendl,ttme �o� paymen�or <br /> otherwis�mad��y am�rtizati�n of�he sums se�ured by this Security�nstrum�nt by n�as�n of any demand <br /> made by the origina� Borrower ar any Successar� in Interest of Barrower.Any fo�bearance by L�nder <br /> in exe��ising any ri�ht or remedy including, withaut limitation, Lender's acceptan�e vf paym�nts from <br /> thi�d persans, entit�es or Successors in Int�rest �f Borrow��or in amaunts less t�an the amount then <br /> due, sha�� not b� a waiv�r of�r pr�clud��he �x�rcise of any right or�-em�dy. � <br /> '�3. Joint and Se��ra!Liabi�ity;Co-�ign�rs;Succ�ssors and Assigns Baund�Borrow�r covenants <br /> and agre�s that Borr�wer's obligations and liabili�y shall b�j�int and se�re�al. Hv�+veUer, any Borrower <br /> whv�o-signs this�ecu�ity Ins�rument but does not�x�cut�th�Nvte�a"co-signer"}$ �a}is co-signin�this <br /> Secur�ty Instrument only t� mortgage, grant �r�d can��y th� co-signer's inte�es�i the Property under - <br /> the terms �f this �ecurity instrurn�nt; �b} is nat p�rsona�ly abl�gated ta �ay the � ms secured by th�s <br /> Securiiry Instrumen�; and �c} agrees�hat Lender and any other Barrower can agr e to ext�n�, m�di�, <br /> �orbear�r make any accomm�dat�ons with regard to th� terms �f this Secur�ty Ir� trument or the Note <br /> withaut the co-sign�r's consent. <br /> Subject t� the provtsions of S�ction 18, any Successor in lnterest of Borrha�►ver wh� assum�s <br /> � <br /> 8o�rvwer's�bligatians under this Security Instrument�n writing, and is approved la Lend�r, �hal�a�tain <br /> a!I of Borrower's righ�s and benef�ts under this Secur�ty Instrumen�. Borrower shall �t be re�e�sed from <br /> Bor�ower's obiigatians and liability und�r�his 5�curity Ins�rument unl�ss L�nd�r a�re�s to such release <br /> in writing. The covenants and agr�ements of this Secur�ty lnstrum�n�shafl bind ��xcept as prvvid�d �n <br /> Section 2fl} and benefit�he successvrs and assig�s vf Lender. � <br /> 14. Laan Charges. Lend�r may charge Borrawer fees far services perform �n �onnecti�n with <br /> Borrvwer's de�ault, for the purpose�f pro�ecting Lender's �nterest in the Proper�y� nd rights under this <br /> Secur�ty Ins�rumen�, �ncluding, bu�nat�imited t�, at�vrneys'�ees; prap�rty inspecti and�aluation fees. <br /> In regard to any other �e�s, �he alosen�� af express autharity in this S�curE�y �r� �rument t� cha�ge a <br /> sp�cific fee to Bo��ower shall not be c�ns�rued as a prohibition an�h�charging of uch fe�. Lender may <br /> na�char�e fee��hat are ex�ressEy �rahibit�d by th�s Security Instrument or by Ap licable Law. <br /> I��he L�an Es subject to a IavW v�hich sefis maximum �aan cha�ges, and tha�la� is finally interpreted <br /> sa that th�int�r�st or ather�oan charg�s collected ar t�be c�llected �n connec��on� ith�he Loan�xceed <br /> the pe�mitted limifis, �h�n: �a}any such laan char��shal�be reduc�d by�he amauri necessary fio�educe <br /> the charge �a the p�rmit�e� limit; �nd �b} any sums already callected fram Barr� e�whi�h exceeded <br /> permitt�d limits wil� be re�unded ta Borr�wer. Lender may cho�se t� make this re�und b� reducing �h� <br /> prEncipal awed under the Nate ar I�y making a di�ect payment to Barra�rver. If a refu�� r�duces principal, <br /> the r�du�tion will be treated as a parti�l prepa�ment without any p�epayment cha�g� �wh�ther a�not a <br /> prepaym�nt charge is provided for under the Note}. Borrawer's ac�eptance af a�}� such refund mad� <br /> by dir�ct payment to Borrower wi�l consti�ute a waiuer�f any riyht of ac�ion Borraw�r might have arising <br /> aut of su�h �vercha�ge. � <br /> 15. Notices.All notices gi�en by Borr�wer ar Lender in connect��n with this 5� rity Instrument must <br /> be in writing.Any notice to Borrawer En c�nn�ction with this 5ecurity Ins�rument sh �I be deemed�o ha�� <br /> been gi�en to Bvrrower when ma�l�d by first class mail or when a�tual�y d�livere��o Borrower's natice <br /> addr�ss i�sent by other means. Natice to any one Bnrrower shall con��itute natice a�l Borrow�rs unless <br /> App�icab�e Law expressly requir�s othenrvise. The notice address shall be th� Pr erty Add�ess unless <br /> itia�s: <br /> NEBRASKA--S�ng�e Fam�ly--Fannie MaelFreddie IVlac UN�F�RM INSTRUMENT Fofm 3�28 11�� � � � � <br /> Ellie Mae, 3nc. 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