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201100124 Borrower and Lender otherwise agree in writita� or unless Applicable Law otherwise provides, the proceeds shall be applied to the su�ns secured by t}�is Security Instrument whether or noc the sums are tlieii due. lf tl�e Property is abandoned by Borrower, or if, aiter notice by Lender to Borrower that the condemnor offers to nlake an award or settle a claim for daznages, 13oxrower fails to respond t� Lender wiCliin lhe minimum number c�f days established by Applicable Law after Che date the notice is give�i, Lender is authc�rized to collect aiad apply t�ie procaeds, at its option, either to restoration or repair of the Property or to the sums secured by this Security l.zistrument, whether or not then due. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extenel or postpone the due date of tlie payments due under the Contract ar change the amou�rt qf such payment5. Borrower Not Released; ForbeArance By Lender Not a Waiver. I�xte��sion of the t.ime for payment or modification �f au�ortizatic�n of the sirms Gecured by tl�is Security Instr�unent granted by Lender to any successor in interest of f3orrower sl�all not operate to release the liability �f the original Borrower or [3orrc�wer's tiuccexsars in ix�terest. Lender shall not be required ta coixunence proceedings against any successor in interest or refuse to extend time £or payment or otl�erwise modify amorti?ation of the sums secured by this Security Instrument Uy reason of any dernand �nade by the original Borrower or Sorrower's successors in interest. 11ny iorbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. Successnrs and Assigns Bound; Joint and �everal i,iability; Accommodation Signers. 'I�he covenants and agz of tliis Security Instrument shall bind and benelil the successors and assigns of Lender and Borrower, subject to the provisions of section titled 'I'ransfer of the Property or a Beneficial Intere.st in Sorrowe.r. Borrower's covenants and agreements shall be joint and several. Any person wlio co-si�ns this Secu�•ity [nstniment but has no persor�al ]iability uaader the (;oxrtract ("Accotxunodation Sigzier"): (a) is .co-sigziing this Security li�strunaent only to naortgage, granl and couvey tliac Accommodation Signer's interest in lhe Praperty under the terms of the Security InGtrument; (b) is not personally obligated to pay the aums secured by this Security Instrument; and (c) agre�s that Lender and any other Borrower n�ay agree to extend, modify, forbear or ti�ake any accommodations with regard Co the tenns of this Security Instrument ar the Cantract without that Acconnnodatioii Signer's consent. Lonn Chflrges. If the Inan secured by this Security Inst�ument is sub,ject to a law which scts maximum loan charges, and thal law is finally interpreted so thaC the inlerest or ather loan cliarges collected or to Ue collected in conxiection with the loan exceed tlae permitted lianits, tlaen: (a) any such loan char�;e shalt be reduced by the ainount necessary to reduce the charge tc� the permitted limits and (b) any sums already collected 1'ram Borrower which exceeded permitted la�nits will be refi�nded to Borrower, l,ender. may choc7se to make this ref'und by reducing the principal owed uixder the Contracl or by making a direcC payinent to Borrower. If a ref�uld reduces principal, the reduction will be treated as a partial prep2yment under the Contract. Notices. 11ny notice to Borrower provided for in this Security Ixastntment shall be given by deliverin� it or by mailing it by first class mail uz�less Applicable Law require5 use of a�i<7ther method. The nolice shall be directed to the Property Addre�s or auy other address Borrower designates by notice to Lender. Atay notice to Lendcr shall bc giveu by �rst class mail to I,ender's address stated ►ierein or any other address Lender desigiiates by notice to Borrower. Any notice provided for in this Security Instrument sl�all be deemed to have been given to Borrower or Lender when given as provided in this paragraph. Governing ,I,aw; Severability. '1'his Security Instnunent shall be governed by federal law and the laws of the state of Nebraska. In the avent t�iat any provision or clause of this Security Instrument or the .Contract conflicts with. Applicable Law, such conflict slaall not affect other provisions af this Security Instrument or the C.ontract whiqh can be given effect without the contlicting provision. To this end the provisions of this Security Iiistrutnent and the Contract are declared to be severable. 13orrower's Cvpy. Borrower sliall be given one conformed copy of this SeGUrity In�trumenC. '1'ransfer of the Praperty or a Bene�cial l��terest in BorroWer. lf all or any part of tl�e Yroperty or any interesL in it is sold or tratisferred (or if a beneficial i►iterest in Borrower is sold or transf'erred 'and Borrower is »ot a natural person) without Lender's prior written consent, Lender may, at its optian, require irrunediate payi�ent ii1 full of all sums secured by this Security lnstruinent. H�wever, this option shall zxot be exercised by Lender if �xercise is prohibited by federal law as pf the date of this Security lnstrument. If Lender exercises this option, Lender shall give Borrower z�otice of acceleratiorr. The notice shall provide a. period of not less than the minimum number of days established by Applicable I,aw fro�n tl�e clate the notice is delivered or mailed within which Borrower must pay all sums secuced by this Security Iiistzument. !f [3orrower fails to pay Chese sun�s pric�r to the expiration of this period, Lender may invoke any remedies peniiitted by thi� Security JnStrument without further z�otice or demand on Borrower. Borrower's Ri�ht to Reinstate. if E3orrower meets certain conditions, Borrower shall have the riglit to have enforcement of t1�is Security Instrument discontinued at any time prior to the earlier of: (a) S days (or such other period as Applicable Law rnay specify for reinstatenienf) before sale o£ the Properky pursuant to any power of sale contained it� this Security Instnun;ezit; or (b) entry of a judgment eni:orcing this Security .Instrurnent. Those conditions are that Bnrrower: (a) pays Lender all sums whicl� then would be due uuder this Security la�strume�it and the Contract as if no acceleration tiad occurred; Cb) cures any default of any ottaer covenants or agreeinei�ts; (c) pays all expenses incurred in enf�>rcing this Security Instrument, including, but not litnited to, reasonable attorneys' fees to the extent per�nitted by law; and (d) fakes such action as I.ender may reasonably reyuire to assure fhat tlie lien of lhis Security Instrument, Lender's rights in the Property and Borrower's obli�atian co pay tl�e siuns secured R� 2p04-2010 CompliNnce Systams. Inc EEOB-B49D - 2010.03.378 . Cnnsumer Rcal Estnle - Se�u�ily Inslrument DL2036 Pflge 3 oC5 www.crnnpliancesystcros.com