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<br /> � � �39
<br /> L�AN#:�'I�'�3����
<br /> completed ta Lender's sa�is�a�tifln,pravided tha�such inspectian shall be undertaken promptly.Len�er
<br /> ma� pay far the �epairs and re��or-a�i�n in a singl� disbursement�r in a �eries af p�o��-ess paym�n�s
<br /> as the wark[s cQmp�eted. Un[ess an agreer��nt�s mad� irt writing �r applicable La�r�quires in��res�
<br /> to b�p�id vn such I�i��eli�r��a�s Proce�ds, Lender shall not b�r�quired t�pay Borrowe�any interes�
<br /> or earn�ngs on such Miscellaneous�'rv�eeds. lf�he r�storatian❑r r�pair is�ot e�anomica�ly fi��s��ie�r
<br /> Lend�r's securi�y would b�lessened,the Miscell�neous Proc�eds s�a���e app�ied�o ti�e sums secured
<br /> by th�s 5ec�rity Instrument, �vhe�her ar n��then due, with�h� �xce�s, i�a�y, paid fo Barrvw�r. Su�h
<br /> �lliscellaneous Praceeds�ha�l b�applied in th��r��r�r�vided��r in�ect�on�.
<br /> ln the�v�nt of a�otai�al�ing,d�st�uct��n,ar ioss in v�[u�a�the Praperty,t�e Misc��laneous Proceeds
<br /> sh�ll be �pplied fo the sums �e�u�ed by this Securit�r �nst�ument, ��e�her o� no�thert dUe, r�vi�h th�
<br /> �xcess, �f any, paid to BorrovWer.
<br /> ln th��ven#of a partial�aking, destructian,�r Ioss in vaiue o�t�e P�ap�r#y in whr�h�he��ir rnark��
<br /> value of th� Pro�erty immediately b�fate the partia�takin�, d�s#ru���or�, or ioss in vaiue is eq�al ta ar
<br /> �r�ater than�he amount of���sums s�cure�by�his S�c�r�ty�ns�rurn�nt immedia��ly before�he pa�#ial
<br /> takir��, des�ructian, a�I�ss i�va���, un�ess gorrawer and Lender othennrise agree in writing,th�sums
<br /> s�cu�ed hy this S�curity �ns�rumen� sha�l be redu�ed by the amount of th� EIllis�ellaneQus Proceeds
<br /> mul�ipl�ed by t�e fc�lfowing fraction: �a} the�v�al amount of the sums secured immed�ate�y be��re �he
<br /> partia���k�ng,destru�tivn,or ia�s in va[ue divided by�b}the fair market�alue�f�h�P��perty im�-ne�iat�ly
<br /> before t��partial�ak{ng,d�strucfior�, or loss�n�alue.Any balance sh�l� be paid t�Borro�ver.
<br /> In�he event�f a part�a�taking, destruc�ion,ar Ioss in valu�of�h�Prop�rt��n�hi�h the fair market
<br /> value of�he p�-operty imrre�iately hefore�h�partial tak�ng,�es�ruc�ian, a�Ivss�n va��e i��ess than the
<br /> amoun�o�f�h�sums secured irr�mediately befare th�partial�aking,destruction, a�Ivss�n va[u�,unless
<br /> �3orro►n�er and Lender a�herwis� agre� in wri#ing, #he Misceilan�a�s Praceeds shal! b� appfied�a�h�
<br /> surr��s+ecured by�his Security Ins�rumen�►nEhe�her or not the sums are�hen due.
<br /> l€�h�F�rop�rty is abandoned by Borrawer,or if,after natice by Lender to��rr�v�er�F�a�t�e Dppos�ng
<br /> Pa�t��as defined in�he next ser�tenc�}aife�s to�ak�an a�vard�o sett�e a claim for damages, Borroe►�r�r
<br /> fa�ls�o respond#❑Lender within 3D da�s after the da�e th�na#ice is given,Ler�der i�authori�ed ta callect
<br /> and a�ply the Miscellar�eous Proce�ds either ta restora�ian or repair o��he F'roperty ��t� t�� surns
<br /> s�cure� by th�s Securi�y Instrument,whether�r not then du�. uQppflsin� F'a�ty"m�ans�he third par#y
<br /> that arnrQ� Bvrr�vver f�l�i�cellane4us F'race�ds vr the party against whom Barrovve�r�as a righ��f ac��an
<br /> in regard�o IU�is�el�ane�us Proceeds.
<br /> Borrov�er sha11 be in default if any ac�ion or praceeding, whe�h�r civi� nr criminal, is begu�that, in
<br /> Lender's�udg�ent, �c�uld r�sult in forf�iture vf the Rrvperty ar other materia! impairmen�af�ender's
<br /> int�:rest in the Pr�perty or r�ghts under this ��curity Ins�rument. Borrower�an cure su�h a defaul�an�, ,
<br /> i����e�era�i�n h�s occurred, re�nstate as�orvuided in Sec�ion �9, by c�using the action a�proceeding
<br /> ta be �ism�ssed wi�h a ru[ing t#�at, in L�n��r's judgrr��nt, pr�clud�s forfeiture o�the F'roperty vr v�her
<br /> material impairment o�Lender's interest in ��e P�operty ❑r rights under�his Security Instr�rr�ent.The
<br /> procee�s of�ny awa�d or ciaim�ar da�ag�s t�a�are attributable�o t�e impairment of Lender's�nterest
<br /> in�he Praperty are he�eb�assi�r�ed��d shal�b��aid t�Lender.
<br /> A[� Nliscellaneous Proceeds t[�at ar� no� appli�d �o res�ora�ion ar �-epair af th� Praper�}� s�al� be
<br /> applied in the❑rd�r pro��de��or�n 5ectiar��.
<br /> '12. �orrower Not Released; Fvrbearar�ce By Lender Nat � tJl�aiver. Ex�en�ian o��he time f�r
<br /> payment or �nodi�i�atior� of amvrtiza#ion of th� sUms secure� by t�is Security lnstrument granted by
<br /> Le�der to Borraw�er or any Su�cessor�n �nter�st Qf Borr��tver shai� no# op�rate#o �el�ase the �iability
<br /> ❑� Bvrrawer or any Successars ir� Interest af Bo��ower. L�nd�r sha�l n�t be requ�red �o �orr�mence
<br /> p�Qceedings against any Suc�essor in 1 nterest of�orro►nrer or�a re�u�e�n�xtend�ime fv�pa�ment or
<br /> v�h�rwise modify�mor#i�atian a�th�sums�e�ured by this Se�urity Instrument by reas�n flf any d�m�nd
<br /> made by�he original B�rrawer or any �uccessors in Interest vf 6orravver.Ar�y for��arance by L�nd�r
<br /> in ex�r�ising any righ�or��medy i��clu�i�g, ►n�i�hout firr�itation, Lender's acceptance �f pa�men�s from
<br /> third persons, ent�t�es o��uccessors in [nteres�of Barravirer❑r in am�unts �ess�han�he amount then
<br /> due, shali not be�v�aiv�r of or preclud�the exercise�fi any right ar remedy.
<br /> 13. Joint and 5everal L�a�i[�ty;�a-signers;SWccessvrs and Assigns Bound,B�rrowercoven�r��s
<br /> and agrees�ha�Sorro►r�er's vbliga�ions and liability shal� loe jvint and seWeral. H�wev�r, any Bor�ow�r
<br /> �vho co-signs tf��s S�curity Instrument but does nn#execu�e�he Note�a"co-�igne�"}:�a}is co-sign�ng thi�
<br /> 5ecuri�y Inst�ument onfy tv mortgage, gr�nt and canvey th�cv-signer's in�eres� in�he Pr�pe�ty under
<br /> the�erms af�his Security Instrumen�; �b} is nat personaliy obliga�ed to pay�he sums �e�u�ed �y this
<br /> S�curity lnstrument; and �c} agrees that Lender and any o#h�r�orro�v�r can agree�� �x�end, mod��,
<br /> fvrbe�r ar make any accommodations wit� regard ta th��erms of this 5ecurity ins�rument or th�Nvte
<br /> wi��rout th�ca-signer'���nsen�.
<br /> Subje�t to the prvvisions v� Sectior� '�8, any 5uccessor in Interes� of Barrawer wha assurnes
<br /> Bvrrv�er'�obligafions under this 5ecur��y Instrum�n�in wrF�ing=and is a�prvved by Lender,sha�i�b�ain
<br /> a�i�f B�rrower's righ�s and�enefts Und�r this�ecuri�y�ns#rument. Barraw�r shal[nat be re[ea�ed from
<br /> ��rr�►�er's ob�iga��vns and iiabil�ty��der this 5ec�ri�y lnstru�n�nt unless Lend�r�gr�es�o suCh reiease
<br /> in wri�ir�g.The cavenar�ts ar�d agre�me��s of�his Security Ir�st�ument shall�ind�excep�as pra�ided in
<br /> Se��ion��}and bene��the succ�ssars and a�signs o�Len�er.
<br /> 'i 4. Laan Ch�rges. Lender may char�e B�rrawer f��s�or serWic�s pe�forrt��d in Gonnecti�� �r�ri�h
<br /> �orrov�re�-=s�e�ault, f�r the purpose of protecting Lender's int�rest in��e Prape�ty and rights ur�der this
<br /> Se�uri�y lnstrument,in�luding,bu�n�t limi�ed ta; attorneys'fees,property inspec�i�n and Walua�ian fees.
<br /> !n re�ard t� any ather fees, th� absence of express authorr�y in this 5��urity Instrumen��o �harge a
<br /> sp��cifie��e to Borraw�r shall nvt he�anst��e�as a prohibitian on the�harging of such fee.Lender�nay
<br /> nQ�cha�-ge fees that ar�expressly prohibited �y this Security Ins�rument or by App�icabie La . .�,
<br /> �niti���:� .
<br /> NEBRASKA--Single Family—Fannie Mae{Fredd�e Mac UNIFORM INSTRlJMENT Form 3��8 11D1
<br /> E11iE Mae,�nc. P����4���} NEU�EEQ �4��
<br /> NEUDEED�CL�}
<br /> 031D91�D'f 7�:28 Af�l PST
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