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201009778 Borrpwer shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the actian or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes farfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or clairn for damages that ace attributable to the impairment of Lender's interest in the Property are herehy assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoratian or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrpwar Not Raleased; Forbearance By Lender Not a Waiver. Extension of the tirne for payrnent ar modificati�n of amortization of the sums secured by this Security Instrument granted by Lender to Borrvwer or any 5uccessor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to cammence proceedings against any Successor in Tnterest of Borrower or to refuse ta extend time for payment or otherwise modify arnortization of the surns secured by this Security Instrument by reason of any demand made by the original Borrower nr any Successars in Interest af Borrower. Any forbearance by Lender in exercising any right ar remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successocs in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Savaral Liability; Casigners; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's abligatians and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, granr and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated ta pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Bnrrawer can agree to extend, modify, forbear or rnake any accommadations wikh regard to the terms of this 5ecurity Instrurnent or the Note without the co-signer's consent. 5ubject to the provisions of Section 18, any 5uccessor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by J.ender, shall obtain all of Borrower's rights and 6enefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrurnent shall bind (except as provided in 5ection 20) and benefit the successors and assigns of Lender. N�BRASKA — Single Mamiiy -- panaie Mar/Freddie Mac UNIFORM INSTATJMENT Furm 3Q2S ii GCC - G3p2$-12 (09/Ol) (Page 12 vf19) Initials: