2� 17� 1 �� 1
<br /> cvmp[et�d�o�ende�'s satis�activn,pro�ided�hat such inspection sha[�be under�ak�n pramptly.Lender
<br /> may pay for the repairs and restoratsvrt in a s�ngle disbursement or in a series of prvgress payments
<br /> as the work is completed.Un[ess an agreement is made in writing or Appl��able Law requires interesf
<br /> to be paid an such Miscel�aneous Proceeds,L�nder shall not be required tv pay Borrvwer any interest
<br /> or earnings vn such M�s�elfaneous Proceeds.If the restoration ar repair is not econamica�ly feas�bfe or
<br /> ��nder's security would be lessen�d,the M�scel�aneaus Proceeds shal!be appl�ed to#he sums secured
<br /> by this Securi#y Instrum�nt,whether vr nvt then due,with the ex�ess, �f any, paid fn 8vrrvwer. Such
<br /> M�scellaneaus Prvice�ds shall be appfied in the order prvvided fvr in Section�.
<br /> ln the e�ent of a total taking,destruction,o�lass�n vaiue a#the Property,�he Miscellaneous Proceeds
<br /> sha{I �� appl�ed to th�sums sccur�d �y t�is S�cu�ity €nstrum�nt,wh�th�r❑r r�o��hen due,wiih the
<br /> �xcess,if any:paid to Bo�ravver.
<br /> !n the e�ent❑f a par�ial�aking,destruction,or loss in�a1u�of the Property in which fhe fa��market
<br /> �a�ue o�the Prape�ty immedia�ely befo�e the pa�ial�aking,desfructi�n,or�oss in value is equal tv or
<br /> greafer than the amount�f�he sums s�cured by this Security lnstrumen�immed'€ately befvre�he pa�tial
<br /> �aking,destruc�i�n,ar�ass in�aCue,un�ess B�rrower and Lender othetwise agree�n writing,�he sums
<br /> secured by this 5e�urity Instrument shall be redu�e� by the am�unt of�he Miscet�anevus Prviceeds
<br /> mu�tiplied by t�e�vllowing€ractivr�: �a}the tvtal amount vf fhe sums secu�ed immedia�eiy be�ore the
<br /> pa�tia�taking,desfru�tian,vr loss in value di�ided by�b}the fair market va�ue vf the Prop��y immed�at�ly
<br /> before the pa��a[taking,destruc#ion,or Ioss�n va�ue.Any balance shafl be paid to Borrower.
<br /> �n the e�ent af a pa�tial taking,destruction,or loss in�alue�f the Propetty in�hich the fair market
<br /> value❑�the Properky immediate�y be�ore#he partiai taking,destructian,vr loss in�alue�s�ess�han the
<br /> amaunt of th�sums s�cu�ed�mmediate�y befor�the partial taking,destructian,vr Ivss in value,un�ess
<br /> Borrawer and Lend�r�therwise agree in writir�g,th�Miscellar�eaus Praceeds shall be app�ied#o the
<br /> sums secured by this Securi#y{nstn.�mer�t�uhether vr no#�he sums are thet�due.
<br /> �f th�Praperty is abandoned�y B��rvvv�r,or if,after no#ice by Lender to Borrower that th�appvsing
<br /> F'arty�as defined in the n�xt ser�tencey v�fers tv make an award ta settle a claim€or damages,Bvrrower
<br /> �aiis#v respvnd ta Lender within 3�days after�he date#h�nvtic�is given,Lender€s aufhorized ta cv[lect
<br /> and apply�he Misce�laneaus Proceeds either t❑ restaratian or repair v�the Praperty�r to the sums
<br /> secured by this 5e�urity Instrum�nt,whether or not then due."C]pposing Party"means the third par�y
<br /> t�iat ov�es Sa�rower�V[isr�eilanevus Praceeds or the party against whvm Borrower has a right o�ac#ian
<br /> in regard ta Mi��e[laneau�Praceed�.
<br /> Bvr€�vwer shal(be in de�aul�if any ac�ifln o�procee�ing,whe#her ciuil or crirn�na�,is begun that,in
<br /> L�nder's judgment, �au�d result in fot�eiture of the Praperty or other materia[�mpairment of L�nder's
<br /> in#erest in the Property or righ�s under this Secur€ty Instrument.Borrower�an cure such a default and,
<br /> i�acce�eration has vccut�ed,reinstate as provided in 5ect�on 19,b�+caus�ng�he action or praceeding
<br /> #fl�e dismiss�d wi�h a ruling that,in �ender's judgmen�, pr�ciudes farfei�ure of fhe Property or�❑th�r �
<br /> mat�ria�impairm�n#of Lender's interest in the Praperty❑r rights under this Security lnstrumer�t.The
<br /> proceeds a�any avva�d❑r��aim�or damages that a��atfributab�e to#he impairment of Lender's interest
<br /> in t��Pr�per�y�re t�ereby assigned and shalf be paid to Lender
<br /> AI� Miscellaneous Proceeds that are not applied#o restv�ation or repa�r of�he Properfy shall be
<br /> appli�d in th�vrd�r pravid�d for in S�ctian�.
<br /> ��. Borrv�er Not R��eased; Farbearance By Lender Not a i�Vaiver. Ext�nsion of the time for
<br /> paymen#o�modif�cation of atnvrt��afion ❑�the sums secured by this 5ecurity Instrumenf gran�ed by
<br /> Lender to Borro►�ver vr a�y Succe�sar in interest o�go�-�wer shail not opera#e to release the�iab�lity
<br /> vf Borrv►�ver or any Successors in interest vf Bvrrvwer. Lender sha�� not be required fo cvmmence
<br /> proceedings against any Su�cessor in Interesf❑f Borrower or ta refuse to extend tim�for payment or
<br /> a�herwise modi�r amo�tiza�i�n ofthe sums secured by th�s Secur�ty Instrurnent by reasvn af any demand
<br /> made t�y#he originai Bvrrower or any Successvrs in Interest v�Barrawer.Any forbear�n�e by Lender
<br /> �n exerc�sing any rig���ar remedy inciud�ng,withou�lirnitativn,Lender's acceptance of paym�n�s frvm
<br /> third persans,entities or Successors in Ln�erest of Bar�ower ar in amounts[ess#han the amaunt fh�n
<br /> due,shai�not b�a waiver of❑r preclude the exerc€se v�any right or remedy.
<br /> �3. Jaintand 5evera!Liabil�ty;Co-signers;Successvrs andAs�igns gound.Bvr�vwer��venants .
<br /> and agrees that B�rrowe�'s❑bf�gatians and�iability sha11 he jvint and severa[.Howe�er,any Borrower
<br /> who ca-signs this Security�nsfn.tment but does not execu�e�he Note�a"co-signer"j:(a}is co-signing this
<br /> Security instrument❑n[y ta mortgage,grant and convey the co-signer's in�e�est in the P�operty under
<br /> the terms nf this Security Instrument;{b}is r�o�personally ob[igated ta pay the sums secured by#his
<br /> Security lnstrument;and ��}agre�s that Lender and any vther Bc�rrower can agree�o extend,mvdify,
<br /> forbear ar make any accommodativns►rvith regard to#he terms v##his Security lnst�umen�vr the Note
<br /> without the ca-signer's cansent.
<br /> Subjec� tv �he pro�isions of Sec#ion 'i 8, any Successor in Inferest of Bnrrower whv assumes
<br /> garrawer's ob��gativns under this Security lnstrumen�in writing,and is apprvWed by Lender,shai�ohtain
<br /> a!I of Borrawer's rights and benefts under this Secur��y Instrument.Borrvv�rer shall not be re�eased fram
<br /> Borrot�ver's obligations and l�abi(ity under this Security Instrum�n�unless Lender agre�s to such re�ease
<br /> in writing.The�avenants and agreemen�s❑f this 5ecurity�nstrument shai���nd�exc�pt as pro�ided in
<br /> Section 20�and benefit the successors and ass�gns vf Lender.
<br /> �4. Lvan Charg�s.Lender may charge Borrower fees fvr se�vices performed in cannectian w�th
<br /> Borrower's de�au[t,for#he purpose o�protect�r�g Lender's in�er�st in the Prope�ty and rights under#his
<br /> 5ecurity Instrument,�nc�uding,but not lirnited ta,attorneys'fees,prape�y inspection and�a[uat�an fees.
<br /> In regard to any nther fees,#he absence o�express authority in this Security Instrument to�harge a
<br /> specifc fee to Bvrr�wer sha�l nat be canstrued as a p�ahibition on the�harging of such#ee.Lender may
<br /> not charge fees that are expressly prahibi�ed by this Security�nstrument vr by Ap�licab�e Law.
<br /> NEBRASKA--Si�gle Famity--Fannie MaelFr�ddi�Mac UNfFURM 1NSTRUMENT Form 3�28 11�'[
<br /> Efili�Mae,�nc. Page 7 af 10 NEUDEED �4�5
<br /> NEUDEE❑�CLS}
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