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201103790 1111057999 Miscellaneous Proceeds shail be applied to the sums secused by Chis Security Instn�meat whether or not the snms are thea dne. Tf'the Praperty i� �baadoned by Borrower or i� after notice by Lender to Bo�rower Lhat tlae O�posiag Party (as defined in the ttext sent�nce) offeis to make an �ward to settle a claim fox damages, Boaower fails to respond to Zend�r within 30 days a�ter the date the uotice is �iven, Lender is autharized to coIlect as�d apply the Miscellaneous T'roEeeds either to restoration or repafr of the Properiy or ta the swns sectioced by this Sec�ity Tnstr�eat, whethsr or not fhen due. "Opposia� Party° meaus the f6ird party that owes Borrower Miscellan,eous Proceeds or the party ag�i�st whom Borrower has a right of aation in regard to NTiscella�eons Proeeeds. Boaower sha11 be in default if any action or proce�ding, �Vhetl�er civil or cr�inal, is begun that, in Lender's judgment, ¢ould resu�t in �orfeit�re of the Property or ottier �aterial impairpaent of Lender's interest in the Property or rights under this Security` Insmimen�. �orrower c� cure such a default and, if acceleration hss occurred, reinstate ss provided in Sectioa 19, by cav�ing the �ctinin or pzoceeding to be dismissed with a niling that, in Lander's judgnzent, pzecIudes forfeitare of the Property or oth�r material smpairm�nt of Lemder's interest in tha P�opert,y or rights tmder this $ecurity �stnmmei�t. The proceeds of any awazd or claim for damagas t3�at are attnbutable to the impaimient o� Lender's irLterest in the Property are hereby assigued aad sl2aii be paid to Iznder. All Misc�ellanao�rs Proceeds that are not applied to restoration or repair of the Property shall be applied in the orfler provided for in Section �. ' 12. Borrower Not 8eleased; Forbearauce By Lender Not a Waiver. Exiension of the tijme for payment or modi�ca.tioa of azportization o� the sums seelu'ed by this Securif.y Tn,strument gianted by L.ender'to Borrower or any Sue�essor in Interest of Borrow�r sha11 not opt�sate to release the ]iability� of Borrower or any Succ�.sats in Intesest of Boaower. Leader shall not be required to comrnence proceed:uigs a�ainst a.ny Suecessor in Interest of Borrower or to refuse to egtend time fox payment or ortherwise modifq amortization of t3�e sums se�uzed by this Secnrity I�strument by, xeason of any demancl made by the original8orrower or any Sncaessors in Interest o�Borrower. Any �orbearaace by T.ender ia acercising a� right or remedy inelu.d,i,ng, without lin4irtation, Lender's accept�nc� of payaients fzom third persons, eariti�s 4r Sucees�ors in Interest of Bonower or in ambunts less 'F.ha� tiie amount tlien due, shall not be a waiver of or pteclude the exercise of any right br remefly. 13. Joint and Several Liab77ity; Co-signers; Snceessors and Assigns Bonnd. Borrower covenahts an.d agrees that Bcrr�ower's obligat�ons and lxability sha11 be jo�in�t and several. However, any Bor�ower w�,o co-signs this Security Instr�mnent b'at floes not e�cecnte the 1�Tote (a "co-signer'�t (a) is Co-signing this Sect�riiy Inshvment only to mostgaoe, gtaut and, eovvey the co-signer's interest in the Property und�r the terms of t�is Security Instrumen� (b) is not personally obligated to pay the sutns secured by this Security Iixstrcunen� and (c) agrees that Lencier and any other Borrower cau agree to e�,tend, mqdify, forbear oz make $ny accotnmodalions with regard to the tecros of thas Sectirity Iustmment or the Note withou�t the co-signer's conseat ' Subject to the provisions of Secti.oa 18, any Snccessor in In.terest of Borrowez who assimnes Boaower's obligatioas under Chis Securi�y �nstr�ment in wziting, and is a�►proved b� Lender, shall obtain atl of Borrower's ri,ghts and benefits under this $ecurity Instcument. Borrower sha.11 not be released from Borrower's obligat�ons sad liability u.a�der this Securit� Instrument unless Lender agrees to snch zelease in writing. The covenants and a�reements of this Secluity Instrument shall bind (except as provided in Section 20) and bene�t the successors and a�sign� of Lender. 14. Loas Ch�rges. Lender ma.y ch�trg� �oriower fees for services performetl in �onnection �ith Borrower's default, for the purpose of protecting Lender's interest in the Properiy and rights nnder this Secarity Instrument, igcluding, but hot iimz�ed #�, attorne}os' fees, pzoperty inspection and valuation fees. In regard to aay �ther fees, the absence of express atrthority in this Secnrity Ins�rument to charge a specific fee to Soxrower shall. not be cbnstrued as a prohibition on th� chazgititg of sach fee. Lender may not charge fees that are expressly proln'bited by this Security Tnstrument or by Applicable Law. Tf the Loan is aubj �ct to a law �wl�ich sets maximum loan charges, �and tha.t law is finally interpra�ted so tha.t the intereat or other loan charges eollected or to be collected in connection with t'�e Loau exceed the permitted limits, then: (a) aay sueh loa:n ch�rge shall be reduced by the amount necessary to reduce the charge to the pet�nitted limit; and (b) any s�s already collected from Borrower �which exceedeel germitted Iimats wili be refanded to Borrower. Lender may chbose to make thi.s xefuad by redueing the principal ow�d urider t1�e Note or by making a direet pa�ment to Bcazrmwer. Tf a refund reduces principal, the reduetion w�11 be treated as a partial prepayment without a�ny prepa�ment chazge (whether or not a prepayment char�e is provided for under the No�te). Bolrowet's acceptance of any s�uch'refand made by dixect pxymept to Bo�rower will con��titute a waiver of anq right of action Bormwer mi,ght h�ve arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in conne�ckion with'tfi�s Se�uri'ty Instrumen�t must be in wiiting. Any notice to Bonower in conn.ection with this Se�utity Ixistrume�t shall be deemed to have been given to Boaower when mailed by fixst class mail or when aetuatly delivered to �orrower's notice address �f sant by otller �eans. Notice to azry oa�e NEBTtASKA-Smgle Fam�y-Fannie MaclFredd�e 113ac II.IVIFORM INS�'RIIIVIENT e� 33g,2 Page 8 of 12 Form 3Q28 LOl � ._Y__ . _. _.._ _��... _.. ..,...._ --_ __........___.. �__-�.__.__. _.._..�.__-._ . :�� . �__��_�._.._ .. ._.._ _ ..----�-------- - -