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�oi�ooii; Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Sorrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrawer Miscellaneous Proceeds or the party against whom Borrower has a right of actiott in regard to Miscellaneous Proceeds. Sorrower shall be in default if any action or proceeding, whether civil or criminal, is begun tl�at, in Lender's judgment, could result in forfeiture of the Froperty or other material impairment of Lender's intexest 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 action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security [nstrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assi�ned and shall be paid to LEnder. All Miscellaneous Proceeds that are not applied to restaratian or repair af the Property shall be applied in the order provided for in Section Z. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security instrument granted by I,ender to Borrower or any Successor in Inter�st of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payrnent or otherwise modify amortization of the sums secured by this 5ecurity instrument by reason of any dernand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiv�r of or preclude the exercise af any right or remedy. ]3. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrower cavenants and agrees that $orrower's obligations 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-signittg this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agraes that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-si�ner's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security lnstrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and bene�ts under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security lnstrument unless Lender agrees to such release in writing. The cov�nants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge $orrower fees for services performed in connection with $orrower's default, for the purpose of protecting Lender's interest in the Froperty and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absenc� of express authority in this Security Jnstrument to charge a speciFc fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maxi►num loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already cnllected from Borrower which exceeded permitted limits will be refunded to Borrawer. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be tr�ated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under NEBRASKA- Single Family - FannieMae/FraddieMac UNIFORM INSTRUMENT Form 3028 1/01 ^ Laser Forms Inc. (800) 446-3555 � j 1 LFI#FNMA3028 aroz Page9 of 13 Initials: V