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2� 17� 1 �59
<br /> completed to Lender's Sa�isfactian,provided that such inspection shal�be undertaken promp�[y.Lender
<br /> may pay fa�the repairs and restvrat�on in a single disbursement or i�a series❑f pragress payments
<br /> as the�r+�vrk�s comple�ed.Un�ess an agreement is made in writing�r AppLicable Law requires interes�
<br /> tv be pa�d an such Misceilanevus Proceeds,Lender shal�nvt be required to pay Borrower any�nterest
<br /> or eamings on such Mis�ellaneous Proceeds.!f the restoration or repair is not�conomically feas�b��ar
<br /> Lender's se�ur�ty wvuld be lessened,the Mis�ellanevus Prv�eeds shall be appiied ta the sums secured
<br /> by�his Security instrument,whether or nv��hen due,with the excess, if any, paid fa Sor�vwer. Such
<br /> Miscellaneaus Prviceeds sha�!be appl��d in#he order prvvided for�n Section 2.
<br /> !n the e�ent af a tota[taking,destruction,or�ass in�alue of the Prapet�y,the Miscelfaneous P�oceeds
<br /> shall he app�ied�o the sums secured by this Security�nstrument,wh�ther or nat then due,w�fh�he
<br /> ex�ess,if any,paid to Bvr�ower.
<br /> in the e�en�af a partia[taking,des�ructiar�,vr�oss in va�ue of the Property in which the fair ma�ket
<br /> value vf the Prvpe�ty immediate�y befvre the part�al�aking,destructian,ar[oss�n�a[ue is equai fo or
<br /> gr�ater than the amount af the sums se�ured by this Security Instrument immediately be�ore the�artia�
<br /> taking,destructivn,vr�oss in va�ue,unless B�rr�wer and L�nder atherwise agre�in w�i�ing,the sums
<br /> secured by this SeGurity�nstrumen�shail b� reduced by the amount af the f�li�sce[faneous Proceeds
<br /> multiplied by the fallow�ng fraction: �a}the tvtal amount o€the sums secured €mmediately bef�re the
<br /> pa�tial taking,destruction,or�ass in value divided by(b}the fair mark��value v�the P�aperty immediately
<br /> befo�e the par��a�taking,destruc#�on,or(oss€n value.Any balance shall he paid tv Borrvwer.
<br /> In the event vf a par�ial taking,destructivn,or loss in value o��he Prvperty in�rhich the fa�r market
<br /> va[ue fl�the Property irnmedia�ely before the pa�ial tak�ng,des�ruction,or loss in�alue is less than the
<br /> amount of the sums secured"€mmed�ateiy before th�partiai taking,destru�ivn,ar I�ss in Wa�ue,unless
<br /> Borrawer and Lende�otherwise ag�ee in wr�tir�g,the Miscet�ar�eous Prviceeds sha�I be app�ied ta the
<br /> sums secured by this 5ecurity{nstrument whether or nat the sums ar�the��due.
<br /> If the Prope€�y is abandoned by Barrower,ar if,a�#er not�ce by Lender�o Borrower that�he�ppvsing
<br /> Party tas def ned in the next sentence}off�rs to make an award tv settle a claim for damag�s,Borrower
<br /> fails to respand tv Lend�r wi�hin 30 days after the dafe th�not�c�is given,Lender is autho��zed t�collect
<br /> and apply the Miscellane�us Praceeds eifher�o restoration or repair vf the Proper�}I or to the sums
<br /> secured by this�ecu�ity�nstrument,►nrh�ther ar nat then due."Opposin�Party"means�he third party
<br /> that awes Barrower Misce�[aneous 1'roceeds or the par�y against�vhorn Barrowe�has a right af acfion
<br /> in regard tv i�liscellanevus Prac�eds.
<br /> Bor�ov►r�r shall be in de�au�t if any actian or prvc�eding,in►hefher civfl ar crimina�,is begun that,in
<br /> Lender's judgment, cauid re�u�t in forfeiture of fhe Prope�y or ofher materia��mpairment v�Lende�ss
<br /> interest in the Propet�y or rights under�his Security lns�rument.Bor�rower can cure such a defau�t and,
<br /> ��acceleratian has vccurred,reins#ate as pravided in Se�tivn 19,by causing the�cti�n or pro�eedin�
<br /> tfl�e disrnissed�r�th a�uiing that, in Lender's judgment,prectudes forfeiture of fhe Prope�ty or o�l�er
<br /> materia��mpairment af Lender's�nter�s#in#h�Property nr rights unde��his Security Instrum�n�.The
<br /> �rviceeds vf any award vr c[aim fvr damages that ar�at#�ibutable to the�mpairmen�nf Lender's interest
<br /> in the�'raper�y are hereby assigned and sha�!be pa�d ta Lender
<br /> A�[ M�scel[aneous P�o�eeds#t�at ar� not applied to restora#iar� or repair of the Property shal� be
<br /> appli�d�n th�arder provided�o�i��S�ct��n�.
<br /> �2, Barrower Not Reteased; Fvr#�earance By Lender Not a�I1laiuer. Extension o�ihe time�or
<br /> payment ar madifcation o€amvr�ization�f the sums s�cured �y thi�5ecurity Instrumenf granted by
<br /> Lender to Bar�o�rer❑�any Successor in Interest of Bor�owe�shall nvt vperate tv retease the�ia�ility
<br /> o�Barrawer ar any Successars in interest af Borr�wer. Lender sha11 not be requir�d tv commence
<br /> proceedings aga�nst any Suc�essor�n interest af gvrrv►rver or to refuse�o extend�ime���payment or
<br /> �therwise modify arnort€zatian of�he sums secured by this Se�ur�ty Instrument by reasan af any demand
<br /> made by tfi�ariginai Bo�r�►rver ar any Successors€n inte�est af Borrvw��:Any�vrbearance by L�nder
<br /> in�xerc�sing any righ#ar remedy induding,withou�I�mitatian, Lender's acceptance of payments from
<br /> third pe�sons,entities vr Successvrs in in�erest vf B�r�ower or in amounts l�ss than the amQunt then
<br /> due,sha{I no#be a waiver a#nr prec�ude t#�e exe�cise of any right or remedy.
<br /> "�3. Jaintand Sev�ral Liahility;Co-signers;5u�cessors and�ssigns Bound.Barr�wercvvenan#s
<br /> and agrees that Barrower's obligations and I�abil�ty sha�l be�oint and several.Hav�reW�r,any Bor�awer
<br /> urh�co-signs this Security�nstrument but do�s not�xecufe th�No�e�a"co-s�gner'�3:�a}is co-sign�ng this
<br /> Security Instrument only#o mvr#gage,grant and c�nvey the c�-signe�'s interest in the P�aperty urtd�r
<br /> the terms of�his Security lnstrumen#; �b�is not p�rsonally ob�igated to pay�he sums secured by t�1�s
<br /> Secur�ty Instrument;and�c}agre�s that Lende�and any vthe�-Bnrrower can agree to extend,mod�fy,
<br /> forbear❑r make any accvmmodati�ns with��gard�o the terms of this Security Instrument or fhe Note
<br /> without the co-signer's consent.
<br /> 5ubjec� tv the provis�ons ❑f Sect�vn '�S, any Successar in Int�rest ❑f Barrower who assumes
<br /> Bo�rvwer's abligafions under�his Security Instn.�men��r�wr€ting,and is approved by Lender,shal�vbtain
<br /> a11 af Borrovuer's righ�s and benef€ts under this 5ecurity Instrument.Bvrrower sha�l nvt be released from
<br /> Bo�rowe�'s�bligations and�iabili�y under this 5ecur�ty[nst�ument unl�ss Lender agrees�o such release
<br /> in w�it�ng.The c��enan�s and agreements❑f this Securi�y�nst�ument shall b�nd{�x�ept as provided in
<br /> Sectivn 2�}and benefi##he successors and assigns vf Lender.
<br /> 14. Loan�ha�-ges.Lender may charge Borrower fees for services performed in cvnne�tivn with
<br /> Borrowe�'s default,fvr the purpose of prvtecting Lender's interes�in the Prvperty and r�ghts under this
<br /> 5ecurity Instrument,€ncluding,but not�imi�ed ta,attorneys'fee�,praper�y insp�ct�on and valuativn fees. .
<br /> �n regard to any❑ther�ees,th�ahsence of express author�ty in this Se�urity lnstrum�nt tv charge a
<br /> specifc fee to Borrower sha[�nvt be�onstn.red as a prohibition on the cha�ging of such fee.Lender may
<br /> not charge fees�hat are expressly prohibited by this Security[nstrument vr hy App[icab[e Lavu.
<br /> NEBRASKA--Singfe Family--Fannie MaelFreddie f�llac UNIFaRM 1NSTRUMENT Fortn 3D28 11�'[
<br /> Ellie Mae,in�. Page 7 vf 1� NEUDEED �41�
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