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201200339 lf the Yroperty is damaged, such Misccllaneous Proceeds shall be applicd to restoration or repair of the Proper[y,if the restoration or repair is economical ly feasible and Lender's security is not lessened.During such repair and restoration period,Lender shall havc the right to hold such Miscellaneous Proceeds until Lender has had an opporWniry w inspect such Vroperty to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undcrlal<en promptly. Lender may pay I'or the repairs and restoration in a single disburscment or in a series of progress payments as the work is wmplctcd. Unless an agreement is made in writing or Applicable Law reyuires interest to be paid on such Miscellaneous Procezds,Lender shall not be required to pay Borrowcr any interest or earnings on such Miscellaneous Proceeds. Ifthe restoration or rcpair is not economically fea5ible or Lender's security would be lessened,the Miscellaneous Proceeds shall be applied to the sums secured by this Securiry Instrument,whether or not then duc, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall bc applied in the order provided for in Section 2. In the evenT of a mtal takii�g, destruction, or loss in value of the Properry, the Miscel lancous Proceeds shal I bc applied w the s�ms secured by this Security InsGument.whether or not then due,wiLh the excess, ifany, paid to Rorrower. In the even[of a partial taking,deslruction,or loss in value of[he Property in which the Fair markct value of the Proper[y immediately before the pxrtial taking,destruction, or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately bcfore the partial taking, destruc[ion, or loss in value, unless Borrower and Lendcr otherwise agree in writing the sums secured by this Security Instrument shall be rcduced by the amount of the Miscellaneous Proceeds multiplicd by the following fraction: (a)the total amount of the sums secured immediatcly before the parcial taking destruction,or loss in valuc divided by(b)the fair market value of the Property inunediately betore the partial taking,destruction,or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking,deshvction,or loss in value ofthe Property in which the fair market valuc of the Property immediately bef'ore the partial taking,desu�uction,or loss in value is less than the amount of the sums secured immedialcly before the partial taking, destruction,or loss in valuc; unless Borrower and Lender otherwise agree in wriLing,the Miscellaneous Proceeds shall be applied to thc sums secured by this Security lnshument whether or not the sums are then duc. If the Property is abandoned by Borrower, or if, aRer notice by Lender to Borrower that the Opposing Party (as defined in the next sentence)ofteis to tnake an award to settle a claim for damagcs, Borrower fails to respond to Lender within 30 days after the date the notice is given,Lender is authorized to collect and apply Ihe Miscel laneous Proceeds either[o restoration or repair of the Properry or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of aclion in regard to Miscellaneous Vrocceds. Borcower shall be in default if a�ry action or procccding,whether civil or criminal, is begun that, in Lender's judgment,could result in forteiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrumcnt. Borrower can cure such a dcfault and, if acceleration has occurred. reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that,in Lender's judgment,precludes forfeiture of Lhe Proper[y or odier material impairment of Lender's interes[in the Properry or rigl�ts under this Security InstrumenL The proceeds of �96858]5]9 NEEftASKA-Smgle Femtly-Fannie MaelFretldie Mso UMFORM WSTRUMEM Porm 302a Vo1 �w"� 09110 VMPU n--� ' WdtersKlmverFnannal5erv�ces 201fl2154 0 0 0 4402J20tID2�9Y ImLals '�•�"' Page10of1➢ IIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIII��IIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIII III