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2� 17�2458 L�AN#: 'IGD2�98'I2 ' �mvunt of the sums s�cured immediately before the p�rtEa�taking, destruction, vr iass in value, unless Bvrrov�er and Lende� otherw�se agree in writing, the Miscellaneous Proceeds shal� be applied to the sums secured by#his Secur�t�r [nstrurn�nt whether or not the sums are then due. If�he Praperty[s abandoned by Borrawer, ar if, aft�r n�tice by Lender tv Borr�wer that the�ppos�ng Party�as defined in the next s�n�ence}offers to make an a�ard�a sett�e a claim for damages, Borr��er �ails�o respand to Lender within 3�days aft�r the date�he no�ice�s giv�n, Lende�is autharized to collect �nd apply the N�isce�laneaus Proceeds either to restarattan or repair of the Property ar to the sums secured by th�s Security Instrument, whether o�not then du�. "�ppas�ng Party� means the third party tha#a�es Borrower iliiiscel�aneous Prac�eds or the party against whom Borrower has a right�f actian in regard t� Mrsc�l�aneaus Prac�eds. Borrar�n�er shall be �n defaulf if an� action or proceeding, whether civil or cr�minal= is begun that, in Lender's judgment, cou�d �esult in farfei�ure af the P�operty or other material Empairment of Lender's in�erest in the Property or r�ghts under this Security �nstrument. Barrower can cure such a default ar�d, �f acc�leratian has accurred, reinstate as prov�ded in Sect�on �9, by causing the acttan or pr��eedin� ta be dismissed wifih a ruling that, �n Lend�r's jud�m�nt, pr�clud�s farfeiture af the Praperty or other ma�er�a! impairment �f Lender's [n�erest �n the Prvperty ❑r rights under this Security instrument. The proceeds�f any award or ciaim for damages that are�ttr�butalale to the impaErment vf Lender's interest in �he Prop�rty are hereby assigned and shall be paid ta Lender. All Miscel�aneous Prace�ds that are nvt applied ta r�storation or repair of fihe Property shal� b� applEed in the arder provided for�n Sec��an �. 'I�. Borrov�rer Nat Released; Forbearance By Lender Not a V1�ai�er. Extens�on af the time for �aayment or modificatian af amortization of the sums s��ured by th[s Security �nstrument granted by L�nder to B�rrower or any Succ�ssor in Inter�st af Barr�wer shall not operate tv release the i�ability vf Borra��r or any Successors in I nterest of Borrotrver. Lende� shail not be requ�red t� cvmmence proceed'[ngs aga�nst any Successor in Interest of Borra�rver vr to refus�to extend t�rn� for payment or atherwEse modify�mortization of the sums secured by this Security Ins�rument by reason of any demand made by the ariginal Borrower or any Succes�ars in Interest of Borra�ver.Any f�rbearance by Lender in exercising any right or remedy including, withaut limita�ian, Lend�r's ac�eptance of payments from third ��rsans, en�ities ar Successors in In�erest of Borrower or in amounts �ess than the amount then due, shafl not be a�vai�er af or preclude�h� exercis�of any right or remedy. 13. Jointand Se�eral Liabil�ty;Co-s�gners;Successars andAssigns Bound.Borrower covenants and agr��s �hat Borr�►�ver's abligations and IiabiEity shail be jo�nt and several. Hawever, any Borrower who ca-s�gns this Se�urity lnstrument lau�does not execute the Note�a"co-signe�'}: �a}is ca-signing th�s Securit� Instrum�nt on�y to mortgage, gran�and canvey the co-sign�r's interes� in fhe Pr�pert}f under the terms of this Security �nstrumen�; �b} is not personally ob�igated to pay the sums secured by this Security Instrument; and �c} agrees�ha� Lender and any other Borrawer can agree to extend, modffjr, forbear or make any accammodat�ons wi�h regar�d �o�h�terms of�his Security Instrument ar the fV�te without#he co-sign�r's c�nsent. Subject to the pr�v�sions of S�ction 18, any Successor in �nterest vf Bo�rower wh� assumes Borrawer's ob�igati�ns under this�ecuriiy�nstrument in writing, and is apprav�d by Lender, shall obtain a�l of Barro�ver's rights and �aenefits under this Security�ns�rument. Borror�ver sha[I nat be releas�d from Bvrrawer's obligations and liabif�ty under this Securi�y lnstrum�nt unless L�nder ag�ees tv such release in writing. The co�renanfis and a�reements of this Security Inst�ument shal� bind �excep#as provid�d in Sect�an 20} and ben�ft fh�succ�ssars and assigns of Lender. '14. Laan Charges. Lender may charge Bo�ravrrer fees for services performed tn cor�nectian with Barrov�►er's defau�t, far th� purpose of prvt�cting Lender's ir�terest�n �he Property and rights unde�this Secur�ty lnstrument, including, but nat lim�ted to, atto�neys'fees, praper�y inspec�ion and valuation fees. ln ��gard to any other fees, �h� absence af express authar�ty in this S�curity �nstrument ta charge a �pecific fee to Bvrrawer shali not�ae cvnstrued as a prohibition an the charging of such fe�. Lender may nat charge fe�s that are expressly prohihi�ed by this Secur��y Instrument vr by Applirable Law. If the Laan is subject ta a lavir which se�s max�rnum i�an �harges, and that law i�final�y interp�eted so tha�#he�nteres�or ather ioan charge�coil�c�ed or�o b�collected�n connection wi�h#he Loan exceed the permitted limits,then: �a}any such Ioan charg�shall be reduced by the amaunt necessary to reduce the charge to the perm�tke� iimit; and �b� any sums air�ady collected from Barrow�r v�hich exceeded permitted fim�ts�vi�l be refunded to Barrower. Lender may choase ta make this refund by reducing the pr�ncipal owed under the Note ar by mak�ng a direct payment to Borrawer. lf a refund reduces principa�, the reduction v��ll be treate� as a partial prepaymentw��hvut any prepaym�nt�harg� �wh��her o�nat a prepayment charge �s pro�ided for under th� Note}. Borrower's acceptance af any such r�fund made by dir�ct payment to Barrower w�l�constitute a waiver of any right af act�on Borrower might ha�e arising aut of such overcharge. 15. Natices.All natices given iay Borrov�rer or L�nd�r in con nectian with th[s Se�u r�ty 1 nstrument must be in writing.Any notice to Borrawer in cann�ctian w�#h this Security Ins�fumen�shal�be deemed to have bee� giv�n to Bvrrower when ma�ied by first class ma�l or when actually d�li�ered ta Bor�-ov�rer's nafice address[f sen�by ather means. Natice to any ane Borra�rer sh��l const�tute natic�ta al�Borrowers unl�ss Appl�cab�� Law expressly requires otherwise. The notice addres�shall be the Property Ad e s le s Initials: � NEBRASE{A--Single Family--Fann�e MaelFreddie f'�lac UNIFQRM INSTRU�ENT Farm 302��ID'I El�ie Mae,�nc. Page 8 of�1 NEEDEED �3�5 NEEDEED�CLS} 0312312n�7 1�:'!5 PM PST