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�0�.10649'� the amount of the sums secured by this Security Instrument immediately before the taking, unless Borrower and L�nder otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Bonower. In the event of a partial taking of the Property in which the fair market value of the Property immediately before the taking is less than the amount of the sums secured immediately before the taking, unless Borrower and Lender otherwise agree in writing or unless Applicable Law otherwise provides, the proceeds shall be applied to the sums secured by this 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 condemnor ofFers to make an award or settle a claim for damages, Borrower fails to respond to Lender within the minimum number of days established by Applicable Law after the date the notice is given, Lender is authorized to collect and apply the prbceeds, at its option, either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. Unless Lender and Bonower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the payrnents due under the Contract or change the amount of such payments. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payrnent or modification of amortization of the sums secured by this 5ecurity Instrument granted by Lender to any successor in in�erest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this 5ecurity Instrument by reason of any demand made by the original Borrower or Bonower's successors in interest. Any forbearance by L,�nder in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. Sdccessors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, su�ject to the provisions of section titled Transfer of the Property or a Bene�icial Interest in Borrower. Bbrrower's covenants and agreements shall be joint and several. Any person who co-signs this Security Instrument btit has no personal liability under the Contract ("Accommodation Signer"): (a) is co-signing this Security In�trument only to mortgage, grant and convey that Accommodation Signer's interest in the Properly under the terms of the Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any ac�ommodations with regard to the terms of this Security Instrument or the Contract without that Accommodation Signer's consent. Ldan Charges. If the loan secured by this Security Instrument is subject to a law which sets ma�cimum loan ch�arges, and that law is fmally interpreted so that the interest or other loan charges collected or to be collected in co'nnection with the loan exceed the pernutted limits, then: (a) any such loan charge shall be reduced by the a�ount necessary to reduce the charge to the pernutted limits and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by re�iucing the principal owed under the Contract or by making a direct payment to Borrower. If a refund reduces pr�ncipal, the reduction will be treated as a partial prepayment under the Contract. Nbtices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by m�ailing it by first class mail unless Applicable Law requires use of another method. The notice shall be directed to th� Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be gi�en by first class mail to Lender's address stated herein or any other address Lender designates by notice to B�rrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or L,�nder when given as provided in this paragraph. Gbverning Law; Severability. This Security Instrument shall be governed by federal law and the laws of the state ofl Nebraska. In the event that any provision or clause of this Security Instrument or the Contract conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Contract which cah be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the C�ntract are declared to be severable. Bbrrower's Copy. Borrower shall be given one conformed copy of this Security Instrument. T I ansfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in' it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in fu�l of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if ex'ercise is prohibited by federal law as of the date of this Security Instrument. If I lLender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a pe�riod of not less than the minimum number of days established by Applicable Law from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fa�ls to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this S�curity Instrument without €urther notice or demand on Bonower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as Applicable I.aw may specify for reinstatement) before sale of the Property pursuant to any power of sale � 2b04-2011 Complisnce Systems, Inc. ADCD-AECO - 20IOL1.I5.461 Codsumer Real Estate - Secnrity instrument DL2036 Page 3 of 5 www.compliancesystems.com