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201008004 All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order pravided for in .Sectian 2. 11. Borrower Not Released; Forbearance By Lender 1Vot a W�Nver, �xtension oFthe time far payment or modification of amortization of 1he swms secuu'ed by this Secuxity Instrument :granted by Lexxder ta Bonrower or any Successor in Intetest of �3arrower shai] nat operate to r�l�ase ths liabilit� of Borr��er or an� .S�c.cerssnrs �rt Ir�ter�st �f B.orrvw+er. Lender shall not be reyuired to coznmence proceedings ag�ainst any Successor in Incerest of Borrower or to xefuse to extend tiime for payament or othen+vise modify amorti�ation of the sums s�ured by this Security Instrument by reason of any demand made by the original Borrower .ar an� Succes�ors in ;�nterest �af Borrower. A�y fork�earanee b�r �.endex .an �c�r�is�g .��+ right c�r r�emedy .an�luiling, withou# limitation, Lender's acceptance af payments from third persans, entities or Successors in �ntcrest aP Barrower or in amounts less than the amaunt then due, sha�l not be a waiver of or pceclude the exercise of any right or remedy. 12. Joint �nd �ev�r�� :I,iabiiity; C,o-signera.; :Suc�cessors ,an�d .Assigus �ound. Sn�rQwer :cn�enants and agre�s that Borrower's obligations and liability st1a1� be joint and se�erai. 'F�ov►�evcr, any Borrower w�o co-sigr�s t��s S�eurit� Tristrument but does not execute the Note (a "co-signer"). (a) is no-signing this Security Insdvment only to mortgage, grant and canvey the ca-sagner's inter�,st in the �xopert� a�nder �kae teerms of il�is Secur�ty �nstra�men� {b) as not persoxJall� �bligate� to �a� the swaas sec�red by ihis Security Tnst�umen�; and ,(c) .agrees �1aat Lender and any other Sorrower can agree ta extend, modify, forbear or rnake any accornmodations with regard to the texms af this Seewrity .Instrument or the Note without the co-s.igner's cans�nt Subject to the provis:ions :uf Section 17., any Sucaessor �.in Inter.est of Borrower wlao :asswx�es Borcower's :oblagafiions under this Securiry Instrument in writiulg„ and is approved by Lender, shall obtain all of Barrower's rights and benefits under this Sacurity Instrurnent. Borr�rver shalJ �not be released from Borr�a�?v.er's obiigaticans :and �iab3lity un,der this Secu.rity Ins�n�neut unless Lender agrees to such release in writiag. Th� covenants and agree�e►�ts of fhis Sc�urity I�staument shall bind (except as provided in Section 19) and benefit the successors and awsigns of L�nder. 13.. 3:os�n �harges. Lender �ay charge .Borro��er fiees - for sexvices por£ormed in conneeti�n vuifh ;Barrower's de.�ault, for the pwrpose •of prvtseting L,endar's ��t�rest �in the Praperty a�d rigt►ts ur►der •this Secur�.y I�askrume�nt, inalud�g, but nat limited ta, attorneys' fees, property inspection and valuation fees. In regard to any other the absence of e7cpress anthoritp in this Security Tnstnune�i �o �laarge a speei�c fee to Harrower �hal� not �e .constr�od as a p�hibitior� on the charging of such fee. Lender may not charge fees that are expressly prtihibited �ry this 5ecurity Tnstrur►�ent or by Applicabie Law. If tta,e Loan is subject to a law which sets maxirnum loan charges, aud that law is finally interpretsd .so that the interest ar other doatt charge� coilseted or to b.e ec�ilecteci in evnr►eeCion with the Le►an excegrl the �permitte�d limits then: (a) sny such loan chargc sha11 be reduc�d by the arnount necessary to reduce the char�e to ttre p�rmitted limit; and (b) any surns already callected from Borrower which excecded pernaitted limits will be refimded to Borrower. Lender may choose to make this re�iatad by reducing the principal owed �der the Na�e or by ruakan� a dire�t payment to Borrow�r. Tf � r�fiand r�duees �rincipal, the reduction will ba treated as a partial prepayment without any prepayment charge (whether or nnt a prepayment charge is provided for under the laiote). Borrower's .acceptance of any swch ref�nd made by du'ect paymBnt to Borrower will aunstitute a wai�er of an� right of action �3orrower might ha�e arising out of such o�ercharge. 14. l�otices. All nntices given by Borrower or I,ender i►x connectinn with this Security Instrument must be in writing. Any notice to Borrawer in cannectian with this Security Inshvment shall be deemed to have been given to Borrower when mailed by f�st class rnail ar a�vhen actual��+ delivsred �0 8oxraw.er's notice address if se�i ��fher.mean�.l��at�e to an� one Barr�w.er sk�all constitute nntice to a11 Borrawers unless Applicable I,aw expressly requires otherwise. The notice address shall be the I'raperty Address unless Borcower has desigriated a substitute natice.address by notica to Lender. Borrower shall promptly noCify L.ender af .Borr,or�v�r'� Chan�e af address. �f Lender :specifies a proo.edure fi�.ir repe+rting Sortowcr's rJaange :of address, then �orrower �ha11 only repott a change of address �ht'ough that speci�ed procaciure. '�'here nnay be only one designated �otice addrass under this Security Instrument at any one time. My natice to Lender sha11 be given by delivering it or by m,ailing it by �irst olass mail to Lender's address s#ated her�in unless T.ender has desi�ated,ar�.other addr�ss by r�otice to Borrawez Ax�+ noti�e;ica connection with this Security Ir►strument �shall not be deemed to have been gi�en to �nder unti] act�ally received �y Lender. If az�y notice required by this Security Ittstrument is alsa required under .Applicable Law, the Appiicab:le Law requirBment will satisfy the corresp�nding requirement under this ��c.urity 7�sirument. 1S. Gov.er�ing Law; .S�erability; Barles ,of ,CA�str,a�tioa 'Tk�is Securixy ,Ins�rur�ent shall be gaverat�d :by federal law and tk�e law of the jurisdietion in which the �roperty is located. All rights and obligat�ons cantained in this Security Xnstrument are subject zt� any r�.uixems�;ts and li�tati�ns of �pplieab�le Law. .Applic�b.le La�v znigtiit explicirly or implicitl�+ allow Lhe partles to agree by contcact or it raight be siienk but s� si�ence .shal� not be canstrued as a prahibation against ag,reernent by aantract. � the eve�t that ar�y p�vision or e�ause of th�s'�eeurity �riswmant or �Che I+Tute eon�lie#s with Applieable Law, NEBRASKA—Single Family—UNTFORM IIV51'R[IMENT NF..dRASKA-MERS ITEM 289YLB 102206 FLATNES ,KUO 04z2737 Greetooc�• RpOQ4;t2 37