._.__.vw w�.._.._.M.......... ............. ... .......... . . . . . 2� 1 7�2 4��
<br /> LC?AN#: D�1�1313�8
<br /> c�mpleted to Lertder's satis�actian,pr��ided that such inspe�t�on shall b���dertaken prvmp�ly.Ler�der
<br /> ma� pa��'or the repa�rs and res��ra�ion in a single disburs�rnent ar in a se�ies of progress paymen�s
<br /> as�he�nrork is cvmplete�. Unless an agreerrTenf is made�n writing or App�icabie Law requi��s in�eres�
<br /> to be paid on suc�M�s�ei�aneo�s Prc�ceeds, Len�er�ha�l not be requir�d�a pay BQ��ov�rer any in�eres�t
<br /> or earnings on su�h Misce[laneaus Proceeds. !f fhe restoration or repair is nat ec�nomicaily feasibl�❑r
<br /> Len��r's secu�-i�y�v�ult!be�essened,th�It�isce�lf�neou�Pro�eeds shall be applie��o th�sur�s se�ured
<br /> by this S��uri� Instrume�#, whether v�-nat then due, wi�h the ex�ess, if any, paid ta Barro�rer. �uc�
<br /> I�I�scellanevus Prvc�eds sha[I b�appEie� in the ordef pro�id���ar in Sect�on�,
<br /> !n the event of a�ot�l tal�ing,d�s�ruction,or loss in valu�of the Pr���rty,th�M�scelfaneous pr4ceeds
<br /> shall �e appli�d t� the sums seGu�e�i by th�s Securi�y Instrument, �rheth�r or�tot�hen due, �rvith the
<br /> excess, if�ny, �a i d�a B o rravver.
<br /> (n t�e ev�nt�f a �art�a!�ak�ng, destruct�an, �r las�ir�valu�of the Pr�ape�t�in which�h�fair m�rk�t
<br /> valu�of t�� Property immediately b��o��the partia[ta�Cir��, destruc�ion, or loss �n va�ue is equaf to or
<br /> g�eater than�he amount Qfi the sums secur�d by�h�s Security ln�trur�ent immediate�y befiore�he par�ial
<br /> tal�ing, des�ruc�iQn, ar loss in va�ue, �nless Bo�ra►�er�nd Lend�r oth�rwis�agree in writ�ng,the sums
<br /> seG�red by ��is Security lr�stru�nen� sha�! be reduc�d by t�e amaun� v�t�� 1Uliscella�eous.Prace�ds
<br /> mul�ip�ied by the�o�lo�ing �ra�tivn: �a} �he tot�l amoun�of th� sums �ecured irr�rnediateiy before t�e
<br /> pa�tiai taking,des�ruc�ian,ar loss�n valu�divided b}�(b�the fair mar�e�value�f�he P�a�e�ty immedia�eiy
<br /> befare the partia�taking, des�ru�tivn, or lass in valu�.Any b�l�nce sha�l be paid tv Bflrrc��v��.
<br /> �n the ev�n�af a park�al taking, des��uctior�, or lvss ir�value af the�'rflpe�ty in vwhich�h�fair ma�k�t
<br /> valu�af tM�Property immediateiy b�fare�he partial taking, destructian, or foss in value is less�han the
<br /> amount o�t��sums�ecure�immediat�ly be�ore the pa�tial taking,des�ruct�an,vr�oss in va[ue, unless
<br /> Barrav�er �nd L�nder othet�v��se ac�ree in u���tir�g, the MiscellaneQ�s F'raceeds shall be a�plie� ta the
<br /> sums secured�y this S�curity Ins�rument�vhether ar not t�e sums a�e�her�due.
<br /> If the Prope�ty�s al�and�ne�by Barrower,or i�,a�ter�no�ic�by Lender��v B���ower�hat the Gpp�sing
<br /> Party�as def�ned in the n�x#sentence}o�fers�o make an av�ard�o�ettle a c�aim far darr�ages,Barrau��r
<br /> . �a�1s tQ r�spand to Lender vui�hin 3D days after�he�da�e the noti�e is given,Lende��s�u�hari�ed#a collect
<br /> and a�pl}� �he Miscel�an��us Proc�e�s �i�her�o restaratiQn or repa�r of the Proper#y or to the s�ams
<br /> s�cured by this �ecu�ity instr�ment, �rhether or nvt then due. "�ppas�ng Party" m��ns the t�ird pa�
<br /> �hat o�res Borro�nr�r Mis�el[ar��ous Pro�e�d�or the party again�#�harr� B�rra��r has a right af action
<br /> in regard to Itlliscellan�vus Prvicee�s.
<br /> B�rrov�rer�hall b� in defaUl�if�ny action ar p�oc�eding,3rv�et��r civil or��iminal, is begun�ha�, �n
<br /> Len�er's j��gm�nt, coul� r�sui� in forfei�ure of the Propert}� or 4ther ma�erial impairment a�Lender's
<br /> in�e��s�in the Pr�pe�ty flr rights under this Secur�ty�nstrumen�. Ba�ower can�ur�such �de�aul�and,
<br /> �f acc�l�rati�n ha�occurre�, re�nstate as pro�rid�d i� Section �9, by�ausin��he a�tion�r proceeding
<br /> �� Ine dismissed with a ru�i�g t�at, in Lende�'s judgment, p�e��udes far��i�u�e ofi�he Prope��r ar��F���
<br /> r-na��rial ir�►�pairm�r�t o#Lender's in�erest ir►�h� Pr�per�y ar rights under�his Se�ur�� l�strumen�. The
<br /> p�a�e�ds❑f any avuard�r claim for damages t�a��re a�tributab��to the impa�rment of Lend�r's ir�teres�
<br /> in�h�Pr�p��y ar��tereby ass�gned and shall be paid to Lender.
<br /> AI� Misce[laneous Pracee�s that are not appiie� ta restvrativn ar �epaii a�the Prape�ty shall be
<br /> appl�ed in�h�arder�ro�ided for in Sec�ian �.
<br /> 'I�. Barra►�rer Nat Released; For��aran�e By Ler�der N�t a �a�►�er. Ex�ension a��h�time ��r
<br /> paymen� ar modific�tton a�amortizat�an af the sums secUre� by th�s �ecurity Inst�ument gran#ed by
<br /> L�n�e��v Borro�nre�vr ar�y Success�r i� Interes�vf Barrot�ver�hall r�at operate ta �elease t�e �ia�iiity
<br /> of �orr�wer or any Su�cessors in Interest af Borrower, Lende� shall not be required tv car�nm�nce
<br /> pr�cee�ings a�ains�any Successor in I�teres�of B�rro�►�r❑r ta re�use�o extend time for payrner��vr
<br /> ��herwise n�odify amvrtizatian of the sum�secured by�his Secur�ty Instrum�nt by rea�on ofi any dem�nd
<br /> made by�he original B�rrower or any SuGcessv�s in �nt�rest a�Bt�rr�wer.A�y�arbearanc� by �en�der
<br /> �n exercising any right o�r�medy in�l�di�g, witFtout limi�a�+an, �.ende�'s ac��p��n�e�f payments fram
<br /> third persons, enti�i�s�r 5u�cessors in Int�rest of Bvrravirer or in �mvunts �ess�han th� amo�n�tF��n
<br /> dueF shail n�t be a waiver a�or pr��lud��he�xer�ise a�any right or rerr�e�y.
<br /> 13. Jointand Se�reraf Liabili�y;Ca-signers;Su��e�sors and Assigns Ba�nd.B�vrrower covenants
<br /> and agrees�hat Borr�wer's obfigat�ons and liabi�it� shall be�oint and severa[. Ho�vever, any Borrower
<br /> whv co-signs�his SecUrit�Ins#rument��t dv�s not execut�the Nvte�a"ca�s�gner"}:�a}is�o-signing�h�s
<br /> S�curi�y I n��rumen�onfy�a rnarkgage, �ran#and cvnvey th�cv-si�ner's i�terest in�he Prflperty �n�er
<br /> t�e terms of this �ec�rity �nsfirumen�; �a� is not person�lly obligated tv pay th�e s�ms s�cu�ed by���s
<br /> �ecur�ty lnstrumer�t; and (c� �grees�that Lend�r and any oth�r B��r�wer can agr�e�a extend, modi�y,
<br /> farbear ar make any acco�modation�v�rith �egard�o the'�e��s of�his Secu��ty Ins�ru�en�or the �lt�t�
<br /> v�i�hout the Go-signer's consent.
<br /> Subjec� to the provisians ❑f ��c�ivn 'l8, any Succe�sor in Interest ��' Borr�w�r wha assum�s
<br /> �arrvv�rer's�b�iga�ions under th�s Security�r�s�r�men�in wri�ing,an�is appr�Wed by Ler�der,shall obtain
<br /> all of Barrvwe�'s rights and a�nefits und�r thi��ecuri�y Inst�ument.Barrr�w�r shall nvt be�eleased fra�n
<br /> Bv��ower's obligation�a��liability under th�s Security�ns�rWment unless�.ender agre�s�a such r��eas�
<br /> in wr��ing.The covenants and agr��men�s of this Securi�y Instrument shali bind 4ex�ept as prvv�d�d in
<br /> S�ction�0}a�d benefit the succ���vrs a�nd ass�gn�o�Lender.
<br /> 14. Lvan�har�es. Lender nnay char�� Borrow�r f���f�r servic�s per�v�med ir� canne�tivn v�r�th
<br /> Borrower's defa�lt=for t�e purpose of protect�ng Lender's�nt�rest in t��F'r�perty and�ights unde�fihis
<br /> Securit}�I�strumen�,�nc��ding,b�t not�imi�ed t�,a�farneys'fees,prop�r�y insp�ctiar�and vafua�ion fiees.
<br /> �n �egard ta any o�her fees, �he absence of express authori�y in this Securit� lnstrumen�to e�ar�e a
<br /> specific f�e to Bo�-rower sh�l!no�be canstru��as a p�ohil��tivr�o��he cha�g��g af suc��ee.Lender m
<br /> r�o�charge fees that are ex�r�s�ly prohibited hy�his S�c€�rity ln�trumen�o�-by�4pRl�cable Law.
<br /> p � �
<br /> Initials:
<br /> NEBRASKA--Singie Family--�annie MaelFreddie Mac UN�FORItiA INSTRU�VfENT Forrn 3a�8 9T{�1
<br /> E[li�Mae,{nc. P�g�7 a��p �EUDEED 041�
<br /> N�uDEED�GLS�
<br /> a41�f DI��}17 11:5F AM P�T
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