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� e. e °- j �� d �' �� t � � i! �. 201008073 Borrower and Lender otherwise agree in writing or unless Applicable Law atherwise provides, the proceeds shall be applied to the sums secured by tl�is Security Instrument whether or not the sums are tkien due. If the Property is aba��dozied by Borrower, or if, after notice by I.,ender to Borrower that tk�e condemnor ol'f'ers tc> make an award or settle a claim for damages, Borrower fails to respond to Lender within the minirnum number o£ days established by Applicable Law after die date the notice is given, Lender is authorized to collect and apply tlae proceeds, at its option, either to restaration or repair of the Property or to tt�e sums secured by tt�is Security lnstrument whether or not then due. Unless Lender and Bor��ower otlierwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the payments due und�r the Contract or change the amount of such payments. Borrower Not Released; ForbearAnce By Lender Not u Waiver. �xtension of the tinie for paymcnt or modification of amortization of the sums secured by this Security lnstrument granted by Le��der to any successor in interest of Borrower shall not operate to release tlie liability of the original �3orrower or Borrower's successors in interest. Lender shall not be required Co comme��ce proceedings against any successor in interest or refuse tc� extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any d�ma��d tnade by the original k3orrower or Borrc�wer's successors in interest. Any forbearance by Lender in exarcising any right or reuiedy shall ziot be a waiver of or preclude the ex�rcise of any right or remedy. Successors and Assi�ns liouaad; Joint and Several Liability; Accpmmodation Signers. T'he covenants and agreements of this Security lnstrument sltall bind and b�netit the successors and assigns of I.,ender and Borrc�wer, Suk�ject to the provisions of section titled 'Cransfer of the Property or a Bene�cial Interest in Borrower. Borrower's covenants aud agreements shall be joint and several. Any person who co-signs this Security Instniment but has no personal liability under the Contract ("Accommodation Si�ner"): (a) is co-signing this Security Instrument anly to mortgage, grant ai�d convey that Accommodatio�x Signer's interest in the Property under the tercxis of the Security Instrument; (b) is not personally obli�ated to pay the sums secured by tl�is Security IiYStrument; and (c) agrees that Lender and any other Borrower may agree to extend, rnodify, forbear or make any accvmmodations with regard to the tenns of this SecuriCy Ittstrument or the Contract withoul that Accomcnodation Signer's consent. Loaa Charges. If the loan secured by this 5ecurity Instniment is subject lo a law which sets �z�aximum loan charges, and that law is finally interpreted so that the interesC or other Icyan cl�arges collected or Co be collected in connection with the loan exceed the pertnitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the cl�arge to the permitted limits and (b) any sums already collected fro�z� ]3orrower which exceeded perm't.tted limits will be refundad to Borrower. Lender may choos� t<� make tl�is refund by reducing the principal owed under the Contract or by makin� a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Contract. Natiees. Any notice to Borrower provided for in tlus Security Instrument sliall be given by delivering it or by maiiing it by first c1a5s mail unless Applicable Law requires use of another method. T.he notice shall be directed to tlie Prpperty Address or any other address Borrower designates by notice to Lender. Any notice tp f.,ender shall be given by first elass mail tc� Lender's address stated herein or any otl�er address l..,ender designates by nc7tice to Borrawer, Any notice provided for in this Security Instruinent shall be deemed to tiave been given to Borrower or Lender when given as prc7vided in this paragraph. Governing L$w; Severability. "I'his Security lnstrument sl�all be govenied by federal law and tlie laws ol't:he state af Nebraska. In the event that any provision or clause of this Security Instrument or the Contract conflicts wikh Appli�able Law, such coi�flict shall not affect other provisions of this Security lz�strument or Che Contract which can be given effect without the canflicting provision. To this end the provisions of this Security lnstnxment. and the Cantract are declared to be severable. Borrower's Copy. Borrower shall be given one conformed copy of this Security lnstrument. Transfer of the Yroperty or a Beneficial Interest in Borrower. If all or aziy pact of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold pr transferred an�i Boirrower is not a natural person) without Lender's prior written conseut, Lender may, at its option, require imnnediate payment itt full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. IF Lender exercises thi5 option, Lender slxall give Borrower notice of acceleration. The notice shall provicle a period of not less tlian the minimum number oF days established by Applicable Law firom. the date tl�e »otice is delivered or mailed within wl�ich Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums pripr tn the expiration of� this period, Lender may invoke any remedies pernaitted by diis Security (nstrument without further notice or demazid on Borrower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall l�ave the right to have enforcement of this Securiry Instrument discantinued at any time prior to tlxe earlier of: (a) 5 days (or such other period as Applicable Law nnay specify for reinstatement) before sale of che Property pursuant lo any power of sale contained in this Security Instrutnent; or (b) enfry of a judgment enforcin�; this Security Instrument. Those coa�ditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instnux�ent and the Contract as if no acceleration l�ad occurred; (b) cures any defau1t of any other cove»ants or agreements; (c) pays all expe�ases incurred in ez�forcing this Security lzzstrumezit, including, but not li►nited to, reasonable attora�eys' fees to the extent permitted by law; and (d) takes such action as Lendear may reasonably require tr7 assure that the lien of this Security Instrument, Lender's rights in tlie Praperty and Borrower's obligation to pay the sums secured Q� zona-2ou9 coin�ra,ice sys�e�ns, inc. nozu-r,�FS - 2009, �2.36R . � Cnnsume�• ftenl Fsta�e - Securily Instrumen[ U1..2036 �'age 3 of 5 www.complianccsyslcros.com