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201200550 <br /> satisFaction, provided thnt sueh inspccdioii shall be undai�taken prompCly. Lu�ider may pay Por the repnire <br /> and restoration in a singla disbursement or in a scrfies of progress pflylnents as fi�c work is oo�npleted. <br /> Unlesa an agreemont is made in�*n�iting or Applioable Law requires interesY to bepaid on huch <br /> Miscellaneous Ptooeeds, Lendor sh�ll not ba required to pay Borrower�ny interest or earningF on such <br /> Miscellaueous Prooaeda. IF Che rea6orltion or iepair is not econoinioally feasible or Lender'e seourity would <br /> I�e losscncd, t6e Miecallaneous Proceeds ehnll he applied to the sunza securezl by t1iis Seca'ity Inahlune�iC, <br /> whetl�er or noE ilwn due, with Uie excess, if�ny, paid to Borrowex. Such Miacellfineous Proceeds shall be <br /> applied in the order provided for ui Section 2. <br /> In fhe evai�t o£a total taking, destruction, or loss in value of tha Propexty, the Miecollaneoiis Prooeeds ahall <br /> be applied to tho sums secured by tl�is Secwity InsCrumcnt, whetl�er or ixot then due, with tho cxcess, i�f atry, <br /> paid to Borrowar. <br /> In tha avant of a pu•tinl tnlcing, desi��ucHon, or lose in value of the Properly iu wluch the faic market v�lue of <br /> the Property i�mnediately baf'ore the partial falting, deshuction, or loss in vfllue is a��al to or gieater than the <br /> lmount' of Lha sums aecured by this Security Inslrumenf iimncdiztely befora the pAxtial talting, dcst��nction, or <br /> loss ln vahie, ttnless Bonower aitiii l,ender otlierwise agree in writing, tUe suins sectu'ecl by this Security <br /> Instrument sha11 be reduced by the amouirt oPthe Miscallaneous Proceeds mLdtip1ied Uy t6e following <br /> fi•action: (a)the toCal aznount of the snms securncl immediately l�efore the partial laking, destruction, or loss <br /> in value divided by(b)the fair inaxket vaTue�of the Property immeclia�tely before the partial taking, <br /> destruction, or loss in vahte. Any balaiice shall Ue pni�i Co Borrower. <br /> ]u the evant of a partial taking, deshucHon, or loes in vzluo of flia Property in wluch the Fair marlcet valua of <br /> Che Properfy immediately before tha partial taking de.glruction, or loss in value is less th�n the amount of tl�a <br /> suuzs secnred iimnediltely UePorc the partial Ealcing, desttuction, or loss in value, tmless Borrower and <br /> Lender otherwise agree in writing, the MisccllnneoLis Pinceeds shell Ue npplied to tl�o sLUns yecmed by this <br /> Sccurlty Inst��umenf whetlier or not the snms are flien ci�w. � <br /> Lf the Property Is abandoned by Boirower; or if aftcr notice bp l ender to Boxrower ChaC tl�o Opposing P�u•Cy <br /> (ae defined in tl�e next senteiice) o4Eers Yo meke�n award to settie a clann For damflgea, Borrower fails to <br /> respond Io Lender wifl�in 30 days after tha date the notioe is given, Lc;nder is authoriaed io collect nnd a�ply <br /> the Miscellnneous Proceeds eill�er to rostoration or re�tir of the Property or te�tlte sums seom'ed by tl�is <br /> Sccurity 7nstrume�rt, whetliar or not then due. "Opposiiig Party" meaus tlie Uiird party that owes Bon•ower <br /> Miscellaneous Procecds or H�e party against whom Borrower h�F a rigl�t of action in regard to Miscellano�us <br /> Proceeds. <br /> Borrower sha11 be in defactlti iF a1�y action or proceediiig, whether oivil or criminal, is Uagwi that, in Lencier's <br /> judgment, cotiild reault ui far£eiture of el�o Property or other inaterial impairme��C of Lende�'�s interest in the <br /> Property or riglits undar this Sectuity Insirument. Borrowcr o�ui cure such a defAUlt and, iPaoceloration lias <br /> occurred, reivstate as providcd in Section 19, by c�using Che aclion or proceeding ko be dismissecl wifli a <br /> ruling that, ii7 Lender'sjudgment, proclades forfeitwe of the ProperCy or aClier rnaterial impairment oF <br /> Lender's interest iu the Property or rights undor fhis Security Iustrument. The proceccin of any awa�•d or <br /> claim for dauinges that ara attributnUle to the impainnent of Leucier's inEerest in the ProperCy nro hereUy <br /> assi�;iiad and shall bepaid to Lendar. <br /> Al1 Miscelluieoua Proceeds that are not npplieci Co restoration�r repvr of'the Property sl�all be applied in tha <br /> ordcr prcmidcd for in Scction 2. <br /> za00000a <br /> NEBRASKA-6ingle Famlly-FeAnle Mne/Fredtlla M ac UNIFORM INSTROM ENT Fo�m 3028 1101 <br /> VIdP p7i VWP6�NE).(1105J <br /> Wolters Kltiwer Financlal Ser+lces Page 4�vi 17 <br />