201200389
<br /> satisfaction, provided that such inspection shall be undertaken pxomptly. Leader may pay for rhe repairs
<br /> and restorafion in a single disbursement or in a series of progress payments as the work is completed.
<br /> Unlcss an agreement is made in writing or Applicable Law requires interest to be paid on such
<br /> Miscellaneoas I'roceeds, I,ender shall not be requited tR pay Borrower any iaterest or earnings on such
<br /> Miscellaneous ProceccLS. If the restoralion or rcpair�s noE economically feasible or Lender's security would
<br /> be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrumcnt,
<br /> whether or not then due, �vith the escess, if any, pajd to Borcower. Such VIiscellaneous Froceeds shall be
<br /> applied in the order provided for in Sectioa 2.
<br /> In the event of a total taking deshuctipn, or loss in oalue of the Property, flie Miscellaneous Proceeds shall
<br /> be applied to the sums seciued by this Security Tnstrument, wbether or not then dLie, wlth the excess, if�ny,
<br /> paid to Borrower.
<br /> In the event of a partial t��ldng, dcstnzqion, or loss in value of the Pxoperty in whicM the fa�market value of
<br /> the Property iinmediately before the partial taking, destruction, or loss in value is equal to or�-eater than the
<br /> amount of the suins secLUed by this Security InstrLUne�rt unmediately beforc the parGial takin2, destruction, ar
<br /> ioss in value, unle5s Borrower and Lender otherv�ise agree in writing, the suxns secured by this S�uriCy
<br /> Instrument shall Uc reduced by the aznount of the Miscellaneous Procecds multiplied by the follo�ving
<br /> fraction: (a)the total amount of the s'ums secured iminediately befare the partiai taldng, destrucfion, or loss
<br /> in valuc divided by(b) tke fair mazket value of the Propzrty iuuuediately before the partial takiug,
<br /> destruction, or loss in value. Any balance shal]be paid to Borrower.
<br /> In the cvent of a partial talcing, deshzxcuon, or loss in value of thc Properiy in which the fair market value o£
<br /> the Property-immediately before the partial taking, destruction, or loss in value is less than the amount of the
<br /> s�s secured inunediafely befpre the parkial taking, d�struetion, or loss in value, unless BOnower and
<br /> I,euder othera�ise agree in wrifing the Miscellaneous Proceeds shall be applied to the swns secured by this
<br /> Seciuity Insirument whether or not the sums are the�i due.
<br /> If the Praperty is abandoned by Borrov✓er, or if, xftcr notice by Lender to Borrower that the Opposing Party
<br /> (as defined in the next sentence) offers Tp make an award to setfle a claim far d�ages, Boirow0r fiai;s 40
<br /> respond to Lender within 30 days after the date the notice is given, Lender is authorized to eollect and apply
<br /> the Miscellaneous Proceeds either to restoration or repair of the Property or to the smns secured by this
<br /> 5ecurity Instnunent, whether or not then due. "Opposing Party" means the third party Chat owes Borrower
<br /> Miscellaneous Proceeds or the pariy neainst whom Borrower has a right of action m reaard to Miscellaneous
<br /> Proceeds.
<br /> Borrower shall be in default if any acfion or proceeding, whether civil or criminal, is begun that, in Lender's
<br /> judgment, could.resnll.in forfeih[re of the Property or other material impairment of Lender's interest in the
<br /> Property or righcs under this Security Instrument. Borrower can cure such a defaLilt and, if acceleration has
<br /> occurred, reinstate as pro��ded in Section 19, by causing the acCion or proceeding to be disnussod with a
<br /> ruling thaC, in Lender's judgment, precludes forfciture of the Propaty or othcr material nnpairment of
<br /> Lender's interest in the Properry�r rights under this Security Instrument. The proceeds of any award or
<br /> claim for damages that aze attributable to the impairment of Lender's interest in the Properry are hereby
<br /> assigned and shall be paid to I,ender.
<br /> All Miscellaneous Proceeds that aze not applied to restoration or repair of the Properry shall be applied in the
<br /> order provided for in Secrion 2.
<br /> ze0000so
<br /> NEBRHSKN-Singl�Family-Fannie MaelF:etldie M ac UNIFORM INSTRUM17 ENT Porn 3028 1/01
<br /> Wo@ers KWw af Financial Services ��M P6(NE)(9105J
<br /> P�t,�e 1�of 1]
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