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201200618 <br /> If'the Property is damaged,such Miscallxneous Proceeds shall hc applied to msforation o�repair of thc <br /> Property,if the restoration or repair is economically feasible and Lender's securiry is not lessened.During <br /> such�epair and restoraYion period, Le�der shal l hxee the ngh�to hold such Miscellaneous Proceeds until <br /> Lender has had an opporlunity to inspeck such Pruperry to ensure the work lias buen completccl to Leuder's <br /> satisfacrioo,provided that such inspection shall be undurtakPn prompCly.Lender may pay for thc repairs <br /> and restoraCion in s svigle disbursewent or in s series of proeress payments as the work is completed. <br /> Unless an agreement is made in writing or Applicable Law requires interesi.to be paid on such <br /> Miscellaneous Proceeds,Leuder shall not be requirei9 to paq Aorrower any interest or earnings on such <br /> Miscellaneous Proceeds. If the restoration or repan�is not econamically feasible or Lender's secuiiry <br /> would be lessened, the Miscellan000s Proceeds shall be appiicd to the sums secnred hy this Security <br /> Instrument,wliether or nur then due,with the exc�ss, if any,paid to Borrower. Such Miscellaneous <br /> Proceeds shall be xpplied in the order provided for;n�cction 2. <br /> In the event of a Wta] taking, destruction,or loss in value of thu Pmperty, thc Miscellanwus Proceeds <br /> shall be applicd to the sums secured by this Securiry Instroment,wliether or not thcn due,with the excess, <br /> if any,paid to Borrower. <br /> In the event of a pardal taking,desttuction,or loss in value of the Property in which the fair maiket value <br /> of the Proper[y immediatcly before thc partial taldng,desauction,or loss in calue is equal to or greater <br /> than the amount of the sums sccured by this Secuxiry Instrmnent immcdiatety before the partial taking, <br /> destruction, or loss in value,unle.es Borrower and Lender otherwise agree in wdting thc smns secured <br /> by tl�is Secunty L�sttumcnt shall be reduced by klie amount of fhe Miscellatieous Proceeds muftiplied by <br /> thc following fraction: (a)the[ota(amoimt of the,ums secured immediately before thc partial taking, <br /> destruction, or loss in val�e dividad by (b)the fair m:uketvalue of the Property inunediately bef'ore the <br /> partinl taking, destruction, or loss in valuc.Auy balancc shali be paid to Borrowcr. <br /> Tn the event of a partiul taking destruction,or ioss in r�ahie of the Properry in which the fair market value <br /> of the Properry immediately before the partial talcing destmctiion,or loss in value is less than the amount <br /> of thc sums secured immediately 6efore tl�e partial taking, destruction, or loss in valne,unlcss Boaower <br /> and Lender otherwise agrce in wrlting thc Miscellaneous Proceeds shall be applied to che sums secured <br /> by this Securiry Instrument whcther or noY the sums are then due, <br /> If the Property is abandoned by Borrower, or if,afrcr no5ce by Lcnder to Borrower chat the Opposuig <br /> Party(as defincd in tlie nest sentence)offers to make an award to settic a claim for damages,Borrower <br /> fails to respond to Lender witl�in 30 days after the date the notice is given,Lender is authorized to collect <br /> and apply the Miscellaneous Proceeds either w restoration or repair of thc Property or to the sums secured <br /> by this Securiry Instrument, whether or not then due. "Opposing Party"mcans the third party that owcs <br /> IIorrower Miscellaneous Proceeds or the patty against whom Borrower has a rikht of action in regard tq <br /> Miscella�eous Proceeds. <br /> Borrower shall be in default if any action or pmcceding,wbethcr civil or criminal, is begun [hat,in <br /> Lender's j udgment, could result in forfeimrz of the Property or other material impairme��t of Lender's <br /> interest in thc Property or righcs mider Clus Security Instrvme�t, Borrowcr can cnre such a default and, <br /> if accoleration l�as occurred,reinstate as providr.d iu Section 19, by causing the action or proceediug to <br /> be dismissed with 1 ruling that,in Lendcr's judgment,precludes forfeiture of tlie Property or other materlal <br /> impairmenT of Lender s uiterest in the Property or righCS under this Securiry InskumenL The proceeds of <br /> fl10335336 <br /> NEBRASKRSInglo Femiry-Fannle Mae/Fretltlle Mac U W FORM INSTRpMENT Form 3028 1101 <br /> VMw9 <br /> 09I10 <br /> WollersNWworFinancielServl�s 90120fl8409.�4�02J20110209Y Inilials: PagelDofll <br /> IIIIIIIIIIIIIIIII I ' i � <br /> I III IIIII IIIII IIIII�rI�ill����I��IIi���iill IIIII IIIII IIIII IIIII Iilll IIII IIII <br />