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<br /> 9. LiSpecE[ori. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender shall �ve �
<br /> Bonower notice at the time of or prior to an inspecuon specifying reasonable cause for the inspection. . . '1�-
<br /> l0. CoIIdemnation. The proc�eds of any award or claim for damages, direct or consequential, in connectian with any � r-- -
<br /> condemnation or other taking of any part of the Property,or for conveyance in Ueu of condemnauon,are hereby assigned and � , , . .
<br /> shall be paid to Lender. 4 , �
<br /> �
<br /> { In tiie event of a total taking of the Property,the proceeds sha}1 be applied to the sums secured by this Security InstrumenG � , . -�
<br /> i whether or not tfien due,with any excess paid to Bonower. In the event of a partial taking of the Property ia which the fair
<br /> market value of the Property immediately beiore the takmg�s equal to or greatet than tne amoun�oi�i►e sum>>ecurc�i oy:;w =_-- = �- ----
<br /> Security Instrumeret immediately before the taking,unless Borrower and Lendet otheraise agree in writing,the sums secured � ; . _
<br /> by tbis Security Insirument shall be reduced by the amount of the proceeds muttiplied by the following fraction:(a)the total � � :
<br /> asnount of the sums secured immediately before the taking,divided by(b)the fair market value of the Ptoperty immediately • _
<br /> before the takiag.Any balance shall he paid to Borrower. In ihe event of a parlial taking of the Property in which the fait �. ` .���_-
<br /> market value of the Property unmediately before the taking is less than the amount of the sums secured immediately before the , � '
<br /> taking.unless Borrower and Leader otherwisc agee in writing or ualess applicable law otherwise provides.the proceeds shall ' ;�:
<br /> be applied w the sums secured by[his Security Insmiment whether or not the sums are then due. . , - _
<br /> If the Ptoperty is abandoned by Borrower,or if;after notice by Lender w Bonower that the condemnor offers to make aa k . , ' .
<br /> • award or seale a claim for damages. Burrower fails to respond to Lender within 30 days after We date the no6ce is given. � �` -
<br /> Lender is audiorized w wlled and apply the proceeds,at iu option.either to restorafion or repair of the Property or to the , ' ,' " '��,�–
<br /> : sums sec�ued by this Security Inswsaent,whether ot not then due. � --� -- _-
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<br /> C:nless Lender and Borrower otherwise agree in writiag,any application of proceeds to principal shall not eatend or post�oae � , ;•_� :r ,-
<br /> the due date of the monthly paymenu referred to in paragraphs 1 and 2 or change[he amount of such payinents. � �° �•
<br /> j '=+..7e.�►'�!,
<br /> 1�.Bot�ower tiot Relea.5ed;Forbeatance By Lead�Vot a Waiver. Extension of the�ime for payment or modiIIcation • ` s ' t'-
<br /> • of amorti7ation of the sums secured by this Security Inswment ganted by Lender to any suecessor ia iaterest of Horrower � : � �� �
<br /> , shall not operate to retease the liability of the original Borrower or Borrower's successors in interest Lendev shall not be i ''.i •. . ��-.-`
<br /> , required to commence proceedings against any successor ia interest or re f u se to extertd time for payment or otherwise mod i f y ' - � _-
<br /> amortiTation of the sums secured by this Security Instrument by reason of any demand made by the original Borcower or ' �.;�a,`� ,�,;',, �.•-�
<br /> Borrower's successoss in iatetest Any forbearance by Lender ia exercising any right or remedy shall not be a araiver of or � �
<br /> • preclude the exercise of any right or reiaedy. '. �t,�`'' ' �
<br /> 12. Successors and Assigns Bound; Joint and Several Liabillty; Co-sigaers. The covenanu and agreemen�s of this `��''t��
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<br /> � Security Instrument shall bind and 6enefit the successors and assigns of Lendcr and Boaower.subject to the provisions of ,' .. .�.vt
<br /> paragraph 17. Bonower's covenanu and agreements shall be joint and severat. A,.; Borrower afio co-signs this Secvrity � . �� �. �'�r � '�
<br /> - Instrument but does rtot execute the Note:(a)is co-signing tlris Security Instrument onty to mortgagc,grant and convey that _.:.._ _ (; _ �
<br /> • Borrower's interest in th$Properry under the terms of this Security Instrument;(b)is not personally obligated to pay the sums • ' �
<br /> secured by this Securiry Instrument;and(c)agrees that Lender and any oiher Bonower may agree to extend.modify.forbear ' � '• ;f��
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<br /> ' � or make any accommodation. with regard to the ternis of this Securiry Instrument or the Note witttout that Borrower's '�,,'��. T�-
<br /> consenG , -
<br /> 13.Lo9D Charges.If the loan secured by this Security lnstrument is subject to a law which sets maximum loan charges,and � '
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<br /> - that law is Tmally interpreted so that the intesest or other loan charges tollected or to be co0ected in connection with the loan -.s.-.-r'•-___!
<br /> exceed the perrtsitted 1'units.then:(a)any such loan charge shall be reduced by the amount necessary to reduce the chazge to '��� '
<br /> the permitted limifi and(b)anY sums alrrady collected from Bonower which e�cceeded permitted limits arill be refunded to . . • ��
<br /> �, Borrower. Lende�r may choose to make this refund by redacing the principal owed under the Vote or by making a d'uect ,.. _ - :. .,,�- .-
<br />• � payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any . . ...
<br /> prepayment chazge under the Note. "7� �
<br />' ; 14.�loflo�.Any notice w Borrower provided for in Uvs Security Inswment shall be given by delivering it or by mailing it • � �.� �
<br /> " by first class mail unless applicable law requires use of another method.7he notice shsill be directed to the Property Address �'�
<br /> � or any other address Bonoaer designates by notice to Lender. Any notice to Lender shall be given by fint class mail to ' ••- .
<br /> :; Lender's address stated herein or any other address Lender designates by notice w Borrower.My notice provided for in this ' .. �
<br /> + Security InsUwaent shall be deemed w have been given to 8orrower or Lendcr when givrn as provided in this paragraph. � _
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<br /> . � 15.G09C�Il�Ilg LaW�Severabllity.This Security Inswment shall be governed by federal law and the law of the jurisdiction : � , .- p� .
<br /> in which the Property is located.In the event that any provision or clause of this Secwiry Inswment or the V ote conllicts with . . . �
<br /> lapplicable law,such conflict shall not affect otlter provisions of tlus Security Inswment or the�lote which can be given effect . � .
<br /> 1 arithout the conllicting provision.To this end the provisions of this Securiry Instrument and the Note are declared to be ; , • • �
<br /> severable. " " �
<br /> � 16.Borrowds Copy.Borrower shall�e given one conformed copy of the Note and of this Security Inswment f �
<br /> 17.Transfer of t&e Property or a Beneficial Interest in Borrower.!f all or any part of the Property or any interesc in it i • ' ' :_..
<br /> is sold or transfecred(or if a beneficial interest in Borrower is sold or transferred and Borcower is not a natural person)without � .
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<br />� � Sln�e Famity—FNMA/FHLMC UNIFORM IM9TRUMENT FORM 3^24 09.�(Page 4 of 8 Pagss� � �
<br /> NEBRASKA EC8991 Rev 09/09/9� .
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