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� � . � 201108366 - L6AH #t 9$79965 amount of the sums secured immediately betore the partiaf taking,destructian,or(ass in vatue,unless Borrower and tender otherwise agree in writing,the Misceilaneous Proceeds sMaW be applied to the sums secured by this Security Instrument whether or not the sums are#hen due. I#the Property is abandoned by Borrower,or if,a#ternatice by Lenderto Barrower that the Opposing Party(as defined in the next sert#encer offers to make an award to settle a ciairrt#or damages,Borrower fails to respond to Lenderwit#�in 30 days atter thedate the notice is�iver�,Lender is autharized tocollect and apply#he Miscellaneous ProceecJs either to restoration or repair o#the Property or to tha sums secured by this Security lnstru[rtent,whether ar not then d�e_"Qppasir�g Party"mear�s the third party that orves Borrower Miscellaneous Proceeds or the party against v�rhom BacEOVt�er has a right af action in regard to Miscellanenus Proceeds. Borrourer shall be in defauit if any action or proceeding,uuhethar civil or criminal,is begun that,in Lender's judgment,could result in forteiture ot the Property or other materiai impairment af{_ender's interest in fhe PrQperty or rights under this Securiiy lnstrument.Hocrowcer can cure auch a default and; i#acceleraYion has occurred,reins#ate as pra�ided in Section 1-9,by causing the aetion or proceeding to be dismissed wi##a ruling that,in Lender's jud�ment,precludes#orfeiture o#t#�e Property or other materiai impairment of Lender's interest in ihe Property or rigkjts under this Securify Instrument.The proceeds o#any award ar claim far damages that areattributahle#otheimpairment of Ler�der's ir�terest ir�the Property are herQby assigned and shalt he paid to Lender. All Miscelianeous Proceeds that are not applied#o restora#iort or repair of the�roperty shall be applied irt the order provided for in Seetion 2. 12.Borreswer Not Released�Forbeararsc�By Eender Rtot a Wainer.Extension of t{te time for paymen#or mod#ication of arnortiza#ian of the sums s�ured hy this Seeurity Irjstrument granted by Lerrcter to Borrower or any Saccessor in tnterest of BorrowershaH�ot operate to reiease#he liabiti3y o# Borrower or any Successors in !n#erest of Borrawer. Lender shall r�ot!�e required to commence praceedings against any Successrn irt Ittterest of Barrower or to:re#use in extend time#ar paymen4 or othervuise mod'+tyamortiiatianza#thesumssecured by this Seeurity�r�s#rument#�y reasons�f anydemand made by the ariginal Borrower or aray Successors ir�Jnter�st o#Borrower.Ar�y#orbearance by Lender in exercising any right or remedy i�ctuding,withaui limiYation,Lender's acceptance of payme►zts from third persons,enti6es or Successors in tnterest of Borro�vver or i�ar�ounts less than t�e amount#hen due,shaU not be a waiver of or preclude thQ exercise nf any right or remedy. 13.JointandSeveratLiabiUfy,Co-slgners;SuccessorsandAsslgnsBound.Borrov�rer�ovenants and agrees that Borrower's ok�ligafions arad lixbitity shall he jointar�d seueral.However�any BorrQwer who co-signs this Security lnstrument buf does nat execute;he Note(a"co-sig�er"�;�a}is co-signing #his Security ins#rumer�#anly to tnortgage,grant and c�nvey#hs co-signer's in#erest in the Property vnder ihe terms of this Securty Jnstrument;{b)is not personaUq obligated to pay the sums secured by this Securi�sj ins#rument;and{c}agrees that Lender arTd.any other Borrower can agree ta extend, modity,forbear ar make any accammodations with regard to the terms nf this Sec�trity tnstrument or the Note witHc�ut the co-signer's cansent. Subject to#he provisions o#Section #8, a►�y Successor in trsterest of Sorrower who assumes BoTrower's obligatfons underthis Security instrument inwr'rting,and is approved by Lender,shafl obtain aIP of Borrower's rights and benefits underthis Security Instrument.Borrower shaiFnaf be refeasecf from Bo�rower's obligat+ons arjd iiability t�nder Fhis Secitrity fnstrumen#t�less Lenderagr�es to such release in wri#ing.The covenartts and agreerrren#s of#his Securiiy 4ris#rument shatl#�ind(excepi as provided in Sectinn 20)and benefit the suceessors and assigns of Lender. 14. Laan Charges.Lender may eltarge Borrower#ees for ssrvices per�ormed in connectiar�nrith Sorrower's default,#or the purpose of}�rotecting Lender's interest ir�fhe Propertjr ar�d rights�nder this Securify Instn�menf,including,bt�inof 9imited#o,a�torr�eys'fees,property inspection anduaivationfees. In regard to any oth.er fees,the abse�ce of e�cpress author'Ry in U�is Security Ir�sirumen#to charge a specitic#ee to BorFOwer shall not bs eonstrued as aprohibition on the charging M such fee.Lertder rttay nof charge fees tha3 arQ expeessly prohibited by fhis Security lnsi�ument or by Applicable law. tf the L.oan is subject to a!aw which sets maximum loan charges,and that Jaw is�inailyinterpreted so that the interesi or other loan charges collected or fo be collected in connection with the Loar�exeeed the permitted limits,then:(aj any s�ch ban charge shall be reduced by the amoun#necessary tQ reduce the el�afge to ihe permit#ed�t»it;and.N3 a�y swms already colieeted trom Borrower wMich exceeded permdted Nmits wiA be reiunded to Borrower.Lender may choose#o make ihis r�(und by reducing�eprincipal rnn+ed +��der the Note or by making a diFect payrnent to Borrwnreo.If a retund reduces prMCipal,theredttc�on wiA be treated as a partial prepayment uviFhou�any prepayment ehaege(wheiher or not a prepayment charge is prnvided for under tMe#�otey.Borrawer's accepfiarac�of any such refund made by efirect payment to Sorrower wiN r,emstituTe a waiver af any right af action Borrawer might have arising out�f such ouercharge. 15. Notfces.AR no#ices given by Soerower or Lender in conrteetiort with this Securi}y trtstr�ment must tre in writing.Rny notice to Borrower irt conrtectiott with this Securii�irtstrument sk�all be deemed fo have beer�given to Borrower v,rhera mafled by firs#class trjait arwhen actuaHy delivered#a Borrrnnrer's notice addr�s rf se�i by r3ther means.iVotice to any orte Bornower sha11 ew�stitube�otice ta a8 Barrowers vnless Applicable Law expressly requires othennEise.The noEiee�ress shalE be ihe PKOpetty AddFess uFlless Borrower has designatect a subs#itute notice address by�aotice ta Lender.Borrower shaN promptly notify iaixiais� �J fY��, /—r.— NEBRASKd�irrgle Fami4y-Fannfe MaelFreddia Mao t�PHFlDRA41NS7RLINENF fonn 30281 JDi �nline Documents,lnc. P9�e 8 Of 11 NEEQEED 1 t OB