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201200798
<br /> s�fisfaction, provided that such inspeetion shall be under4lken promptly. Lcnder may pay for Clie repairs
<br /> and resCoraCion in a single disbursemenC or in a series oP progress payments as Yhe work is completed.
<br /> Lln�ess an agreement is made in wriCing or Applicable Law requires inteiest to be paid on such
<br /> Miacellaneous Proceeds, L,endcr shall noC be required to pay Borrower tmy intc�est or earnings on sucli
<br /> Miscellaneous Procuds. 1P the restoration or repair is not econoinically feasible or I.endec's security would
<br /> be lessened, the Miseeltaneous Proeeeds slial] Ue applied to the sums seeured by tliis Secncity Insrtrument,
<br /> whcCher or not then due, wiCU the excess, if any, paid to Borrower. Sucl� Miscellaueous Procceds shall be
<br /> applied in the order provided for iv Sectiun 2.
<br /> In the event of a Cotal talcing, destruction, or loss in valuc oP the 1'roperty, the Miscellaneous Proceeds shall
<br /> bc applied to the sums secured by this Security TnsCrume�nt, whether or nof tlten due, with thc excess, if any,
<br /> pnid to Borrower.
<br /> In Ylie event of a partial taking, deslruclion, or loss iv value of tl�e Property in which Che fair market value of
<br /> tl�e Property inuncdiaCely before the parCial taking, destruction, or loss in value is equal to or greater than Che
<br /> amount oP the sums secured hy this 3ecuxity InstruiiienC immediately befora tlie p�ictial taking, des�ruction, or
<br /> loss in value, unless Borrowec and Leilder otherwise agree in writing, the sums yecured 6y chis Security
<br /> Instrument shall be reduced by the ainount of Che Miseellaueous Pxoceeds multiplied by the following
<br /> fracCion; (a) the total unount�f the sums seeured immediately before the partial taking, desCruction, or loss
<br /> in value divided by (b) the Pair maxket valua of the Property immediaCCly before the pactial tnldng,
<br /> destruction, or loss in value. Ang balauce sliall be paid to Borrower.
<br /> In the event o1 a par[ial taking, dashuction, or loss in value of the Pcoperty in xvliieh the fair marlcet value of
<br /> the Property iauncdiaCely before Che partial�2king, destruetion, or loss in value is less than the amoune o'f tha
<br /> sums secured immediately before tl�e partial taking, destruetion, or loss in value, unless Aorrower and
<br /> Lender nYlierwise lgree iii writing, lhe Miscellane�us Proceeds sUall be apglied to the sums secured by thie
<br /> Securitq Instrument wk�cCher or not the sums are thei�due.
<br /> If Yhe Properry is abamdoncd by Borrower, or if, aftee notice Uy Lender Co Borrower that ehe Opposing PxrEy
<br /> (as defined in the nexC sentence) offers ta mal<e an aiwnrcl to setCle a claim for damages, Borrc�wer fails to
<br /> respond to Lender within 30 days after die date the noCice is given, Lender is auChorized to collect and apply
<br /> fhe Miscellaneous Proceeds eitl�er to restoration or �epair of the Property or to the sums �ecured by tltis
<br /> Securi[y Instrument, whether or not then due. "Opposing Party" means Yhc t'hird parCy that owes Borrower
<br /> Miycellanec�ue Proceeds or U�e parCy against whom B'orrowex has a right of aeCion in regard to Miscellancous
<br /> Proceeds,
<br /> Borrower sha1L be in defaulC if any action or proceeding, whether civi( or criminal, ie begun�hat, io Lender`s
<br /> judgrnent, could re.cult in foxfeitw�e of the Properly or other material impairment uf Lender's interesC in the
<br /> Properky or riglits under this Security lnstrument. Borrower can cure such a del'ault and, if�toceleration has
<br /> occurred, reinstate as provided in Section 19, by causivg the action or procceding to be dismissed witli a
<br /> iuling tl�at, in Lender's judgme��t, precludes Porfeituie of the PcoperCy or other material impan�ment of
<br /> Lender's interesl' in the Property or rights under this b`ccuriCy Instrument. The proceeds of�my award or
<br /> c[aim�for damages that are aetxibutable to the impairment of Lender's interest in the ProPerCy are hereby
<br /> assigned and shall be paid to Lender.
<br /> All Miscellaneous Prpceeds that are not applied Co restoration or repnir of the Property shall be applied in tlie
<br /> order provided for in Section 2.
<br /> zaoaoi�e
<br /> NEBHASKA-Sin91e Famlly�Fannio Maolf-raddie Mac UNIFORM INSTRUMEN'f Fonn 3028 1/01
<br /> VMP� VMP6ME�L1705)
<br /> Woltars Kluwei Finandal5arvlces Pa9c 10 of 1'/
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