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<br /> 10.Candemna�fion. The proceeds of any��Fo�r cBaim f�orfoda�g�s,diCe oiecoo�de natio�are he eb �h �
<br /> any condemnation or other talcing of anY part P rh►, !'� y F . � . � �� :�.
<br /> assigned and sh�ll be paki to Lender. G� -_-
<br /> ' In the event of a total taking of the Proper►y,the praceeds shall be applied to the sums secured by this Security t � . ` ��L
<br /> � In�~trumer�4,whether or not Lhen c3ue,wiYh any exce�s pafd to Borrower.in the everrt of a partial taking of the Propetty in i
<br />-> �; wiitCh the fair ma�lcet vatua at ths Propetry immedia1eSy before the taking is equal to or greater than the amaunt of the ( .,,
<br /> sums secured hy thls Security Instrument immettla3eiy before the taMn9.unless Borrower and Lenrier otherwise agree in - �
<br /> �� w�iiing,tha sums secured try this Sacurity�nstrumarrt shall�e reduc�ri by the amourrt of the proceeds mut�pfted by ths f
<br /> �
<br /> j falfowin�haatt�n:(aj the tntal amatud ai the sums secured immediately before the taktng,divided bY(b1 the fair market l
<br /> vafue Qf tha property immedi�tety heiore the taking.My balance shall be paid to Barrower.In the event of a partial I _
<br /> • taking of the Property in wht�h the fair market value af the Property immediatefy h�fore the taking ts less thar►the ; � •
<br /> amourrt of the sums sa.."ured immediatety before the taking,unless Borrawer and Lender otherwise agres fn wriUng or . F_
<br /> untc�ss appitcable Itn�v utherwise provides,the prac�eds shali be applted t�L�a sums secured by this Securiry � . , .
<br /> lnstrurr+ertt whether ar nat the sums are then due. � , �_"-
<br /> If the Property[s abandont�ct�L3��rower,or if,after not(ce by Lender to Borrow��eC�-�t the candemnor a�cc-�s t'o : � . ���.:
<br /> make an award or settte a daim,`cr.;.�rnages.Borrower fails to respond to Lentler within 30 days a�fter the da*_��a ; , .
<br /> noUae is ghren,Lender is author��d to coilc-ct and apply the proceeds.at�s optlon.either to restQeati¢e�flr regair of the . ,�, `=r: ---
<br /> Property or to the se�'r,s2curc�l�tY i?s;s Se�"''S'`•nstrument,whether or rtet then due. �- =�
<br /> - Uniess Lender a.�±6orrow�ee.�erwise ay^�ea in writing,any app�ic�u�of proc�eds to pdnci�s'�all noi extend or • � � ��"
<br /> postpons the dus�=°a of the mor�thly paymerds referred to in paragrapf'es�and 2 or ctr�nge the amo�mt of s�tch ' •. ._��
<br /> payments. � .. --
<br /> � 11.Borrower�a�Releaaed;FoYbearence By Lender Not a Wai�e �:xtension of the time for paymeM cr . , r- � �"-
<br /> �
<br /> modiflcatton of arrc���zation of the sums secured by thls Security Instn�.��+t grante�by Lender to any successeP�'� , `•� ��._
<br /> interest of BoROw�shail not oparate to release the liabiliiy of the origin��orrower or Borrowers successors in � � �`':�;,� �._--_,-_
<br /> � irrterest.Lender shafl not be requireri to commenoe proceedings against any successor in frtiterest or refuse t�ca�+d ;: „�___,
<br /> • time for payment or oiherwise modify smortization of the sums secured by this Se�fistrument by reasoro c�Q..�sy 4 ; : " _�";;: �; �. �_
<br /> demand made by the origina!BoROwer or Borrowe�s successors in imerest.My fort�.�nce by Lender in�c�fing � �
<br /> any rigM or remed�shall nat be a waiver of or�zeclude tha exercise of any right or rern2dy. .
<br /> •,,�,: ;.,
<br /> 1�.Sux�and Assigns Bauad;J�'�and Several ltabil .Co-signsss. 'fhe covere�,n±���d agreaments of . ;, .� ��`:";F�;= -
<br /> . �!i' , � : � ,�__t�
<br /> this�e�:sity InsWmerrt shall bind and banefit tfie successors and assigns of Lender and Borrower,sJbJeci to th� . � p,:-��=
<br /> ...�t4`;:�`.;...
<br /> pr�ri;�r,�-�s of paragraph 17.Borrower's covenams and agreements shall be joint and severat.My BoITOwer v�m �- � ��" �.�t"'
<br /> co-s6�'�`�is Security Instrument but does not execute the Note:(a)is co-signing this Security Instrumerrt only*.. . , 5
<br /> morc�:�a,grant�comreY that BoROwers interest in the Property under the terms of this Security Instrurnent;����is
<br />_ � n c a reas that lender and any other '�. •,v,$ �,' =
<br /> '�� nat personally ob':��"'�1 to pay the sums secured by this Security Instrurn„►Tt;a d( ) g , a__ i F�
<br /> � '�; B orrower ma y a g�:o extend,modiiy,torbear or make any accommo��ons w�h regard to the tertns of this Securiry , ,_,: .. �,,�
<br /> � Instrament or the Note without that Borrowe r's conse M. _-. � � . � „
<br /> ..,�.;�:�...- �,.-
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<br /> 13.Loan Chargea If the loan secured by this Securtty Instrumer�t is subject to a fTw which sets maxtms�m loan r �;� ��
<br />• ' charges.and that law Is flnalty tnterpreted so that the trrterest or o t her toan c h a rges c�i l r�c t e d o r t o b e c o t l e c t e d f n ': �;' `:�
<br /> �sm�stlan�.�lts�!mn�.:=s�:it����mfli..�!lmii�.thpn•la)any s�.�ch loan charge shail be red�c�d by the amou►rt _ � :--;—���-
<br /> necessary to reduce the charge to the permitted�Imi�and(b)any sums already coRected from��ra.ver which : j�� %'°
<br /> � exr,eede�petmitted limits wEl be refunded to Borrower.Lender may choose to make this refund�:,�:�duc(ng the '�°-'� -� ''� �,�7��
<br /> '' pr�.e���a t ow e d u n d e r t h e N o t e o r b y m a k i n g a d i r e c t p a y m e n t t o B o tt o w e r.I f a r e f u n d r e du c e s prirtc l p a l,the re�iwtion °" " '�"' x.'`,�_
<br /> �' w�J Cu��eated as a partial prepayment without any prepaymoM char9e under the Note. ; .� ��-
<br /> .i.� - •:,�..
<br /> 14.Naticea My nottce to Borrovuer prav(ded for in this Security Irt�irumerrt shall be ghren by delive�ing it cc�y �_�;,.�.� .
<br /> ' mafling it by flrst d�s mail untess apppcable law requires uso ot anoth�nethod.The notice sha;l be directed to the . , .�,.� � �1��+-� _
<br /> Property Address 6r.any oiher address Borrawer designates by noiice t�Lender.My naUce to L��der sha}t be given � ' �-
<br /> ,; by flrst class mail to Lenders address stated herein or any other address LendOr designates by noUce to Borrower.My �:.;�'�.;�;:-�r--�
<br /> � � notice provkied for in this Security InstNment shall be deemed to have been gtven ta f3�srrower or Lendet when given : ,� �.i.',;�'- .;
<br /> � as provided in this paragraph. � "s. .�"rw .',�,'';
<br /> ',r' 15.Goveming Lew;Severability. This Security Instrument shall be govemed by tederal law and the law oi the ' . �1_��
<br /> � jurisdlction in whict�the Property is located.In the event that any provlslon or clause of this Securi:y InstrumeM or the . . ' s
<br /> ? Note wrtflicts with applicable law,such co�iict shali nat afte�t other provislons of thts Security Instrumerit orthe Note �. :�`.`�i*.E� -•
<br /> '- whicGr�n be given effect wfthout the corrflicting pravislon.To this end the provisians af this Securfry Instrument and the ( �:��.`'��_
<br /> �i Na.��ra declared to be severabte. � . .' �.. �
<br /> tG. Borra�c's Copy. Borrawer shall be given one coniormed copy of the Note and of thts Securlty Instrurteerd. C � � � .'� �,
<br /> 17. TrareSf�c c2 tfie Property or a Beneflelal Irnerest in 8o�ow�u. If all or any part o!the Property o�any � � �. • ' _
<br /> inter�st in it Is soid or t�ansferred(or�f a beneflcial interest in Borrowc-�r i�sdd ortransferred and BoROwer is not a _. . —��
<br /> natr:raf person)without LernJE�s prior wdtten conserR,Lender may,at its option,recyu ire imm e d l a te payme n i in f u f l o f a N . ,.;;; , �
<br /> sucr��;�cured by thls Security�r�irumerrt. Hawever,this optlon shall not be exercised by Lender if exercise Is .�t-;�:;;,t� . !�'
<br /> ' pra��:�ted by federai taw as ot the date of this Security Insi►umer�t. � `'''���'. . �°'
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<br /> ' NEBRASlCA-SINGLEFAMILY—FNMA/FNLN[CUNiFOiiMINSTRURAENT • ���� FdAL�t9289/90
<br /> � ISC/CMDTNE/J0792/3028(9-90)-L PAGE 4 OF 8 • � �
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