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<br />of the �SUms s� by ttzis Security Ins'trument immediately before the parnal takuag, d�uct�on, or loss zn value,
<br />unless: Borrower aud Lender othervvise agree in writing, the su,ms seaured by this Security Insmime�at shall be reduc�d
<br />by the� of the M�scellaneous Prac�ds multiplaed by the fallowing fraction: (a) the total amount of the sums
<br />s�ureu immediately before the paztial talcing, destxuction, or loss iu value dividefl by (b) the fair market value of the
<br />�rope�ty immediateFy before the partial taki7ag, desuvction, or loss in value. Any balance shall be paid to Borrower.
<br />�: I�n the event of a partial taking, destruction, or lass in value of the Property in which the fais market value of
<br />the� Property immediately before the garCial taldng, destruction, or Ioss in valne is Iess than the amount af the sums
<br />securect imimiediately before the parlial talQng, desiruction� or loss in value, uniess Borro�trer and Lender otherwise
<br />agree in wrii�g, the MiscQllaneous Froceeds sha11 be applied to tlte s�tms secured. by this S�urity Instrument whether
<br />or �ot; the sunns are then due.
<br />the Properiy is abandoned by Borrower, or if, aftez noric� by Lender to Borrower that the Opposing Party (as
<br />defin in the next se�tence) afiFers ta make an award. ta settle a ciaim for damages, Borrower fails to respond to
<br />wit�in 30 days after the date the notice is given, Lenrier is authorized to colle,ct and. apply the Miuscellaneous
<br />Proce�ds either to restoratian ar repair of the 1'roperty or to the swns seoured by this Security Instnunent, whethez
<br />ar not;then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the pazty
<br />agains� whom Borrowez b�as a r�ght of action in reg�ard to Miscellaneous Proceeds.
<br />'�orrower shall be in default if an,y action or proceeding, whether civil or criminal, its begun that, in Lender's
<br />judgm�ent, could result in forfeiture of the Praperty or other maieriat impairment of Lendez's iuterest in the Property
<br />or rig�ts tmder this Security Tnsnvmi�at. Bonower can cure such a defauit and, i� acceIeration has occurzed, reinstate
<br />as pro;vided 'zn Section 19, by causing the action or proceedin� to be dismissed with a ruling that, in Lender's
<br />judgment, precludes forfeiture of the Property or other material impaerment of Lender's interest in the F'roperty or
<br />ri�hts ;under this Secuzity Inst�imnent. 'I'he proceeds of any award or claim for danaages that are attr:ibutable to the
<br />impairment of Lender's imerest in tlie .Property are hezeby assigned and shall be paid to Lendez.
<br />�11 Miscellaneous �roc�ds that are nat agplied to restoration or repair of the Property sball be applied in the
<br />order � rovided for in Section 2. ,
<br />Borrawer ATot 1teleased; Forbearance By Lend� Not a Waiver. Fxtension of the t3me for payment or
<br />modi cation of amortization of the sums secured by this Security Insm�ment granted by Lender to Borrower or any
<br />Successor in baterest of Borrower shall not operate w reIease the li.ability of Borrower or any Suc�ssors in �terest
<br />of Bor'rower. Lender shall. not be required to commence proce,edings against any Suceessor in Interest of Borrower
<br />or to refnse to extend time far payment ar oTherwise modify amortization of the sums se,cur�. by this Security
<br />Instrument by reason of any demaad, made by the originai Borrower ox any Successors in Imerest of Borrawer. Any
<br />forbea.`t�ance by I.snder in exercisiug �any right or remedy including, without Iimztation, Lender's acceptance af
<br />payments from third persons, entities or S�ccessors in Interest of Bozrower or in amounts less thaa the am+ount tl�en
<br />due, shall not be a waiver of or preclude the exercise of aay rig}zt or remedy.
<br />1�3. Joint and Several Liablltty; Co-signers; Snccessors and Assigns Bonnd. Barcawer covenants and agrees
<br />that Borrower's obfigations and Iiahi�ity sfiall be joi.nt and seveTal. However, any Borrower who co-signs ttiis Security
<br />Instrument but does not execute the Note (a "co-signer"): (a) is co-signing tlus Security Ynstrumenf only to mortgage,
<br />grant ' convey the co-signer's in�terest in the Property under the terms of this Sec�u7.ty Ivsstrument; (b} is not
<br />gerso�tally obligated to pay the swn�.s�ured by tius Security Tnstrumem; amd (c) agrees that Lender and any other
<br />Borro�vver can agree to extend, modi�y. forbear or make any accommodations witl�. regard to the terms of this Securily
<br />Insrru3nent or the Note withaut the cv-signer's coiisent.
<br />Subject to ihe provisions of �tion 18, amy Successor in Tntezest of Borrawer who assumes Borrower's
<br />obligations under this Security Instrutnent in writing, and is approved by I.ender, shall obtain aIl of Boaower's rights
<br />and benefits under this S�uiity Inst�mnent. Borrower shall not be release3 from Borrower's obligations and liability
<br />under ttris Se�urity Instrument un7ess Lender agrees to such zelease in wriring. 'The cavenants and agreements of this
<br />Security Instrument shaU. bind (except as provided in Section 20) and benefit the successors and assigns af Lender.
<br />14. Loau Charges. Lender may charge Bonower fees for services performed in cx�nn�tion with Bonower's
<br />default, for the purpose o£ grotecting Lsnder's irnerest im txze Property and rights under this Security Instrument,
<br />inciuding, but not limited to, attomeys' fees, pzopc�ty imspection and valuation fees. In regard to any other f�s, Y1ae
<br />absence of express autharity in this Security Inst�nugent to charge a specific fee ta Borrower shall not be construed
<br />as a pzolubition on the charging of such f�. Lender may not charge fees that are expressly prolu'bited by this Security
<br />Instrument or by Applacable T.aw. �
<br />Tf the Laau is subject to a Iaw wla�c7� sets maximnm loan charges, and that law is finally i�terpreted so thax the
<br />interest or other Ioan charges collected oz to be collected in comnection with the Loan exceed the per�mitted Iimits,
<br />then: (a) any such Ioan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit;
<br />and (b} any sunns alzeacIy collectea from Bozxower which excceded permitted limits vvz1l be refimded to Bonower.
<br />Lendez may choose to make this refund by reducing tlze principal owed undez� rhe A1ote ar by making a direct paymern
<br />to Borrower. If a refund reduces principal, the reduction will be tr� as a partial prepaymsnt without any
<br />prepayment charge (whether ar not a pxepaymern charge is provided for under the Note}. Bonower's acceptance of
<br />auy sucb. refnud made by direct payment to Banawer ovill constitute a waiver of any right of action Borrower might
<br />have axzsing out of such overcharge.
<br />15. Notices. All notices given by Borrower or Lender in coznaection with this Security Instr�ment must be in
<br />writing. Any notice tv Borrower in connection with this Secusity Instzunaent shall be deemed to have been given to
<br />Barrower when mailed by first class mail or when actuaUy delivered to Borrower's notics address if sent by other
<br />means. Notice to any one Borrower shall constitute notice to all Boxrowers unless Applicable Law expressly requires
<br />otherwise. The notice address shall be the Property Address unless Borrower has designated a substinua notice
<br />address by notice to I.ender. Borrower shall prom�tiy noixfy L�nder of Borrower's change of address. If Lendez
<br />f�EBRASKA—Single Famify—Fannie Maa/Ereddie Mac UNIFORM IhISTRUMENT - MERS
<br />Form 3028 9l01 Pags 7 of 11
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