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201200890 saflsfaction, pxovided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restaration in a single disbwseinent or in a series af pro�ness payments as the woTk is completed. Unless an a�eement is made in wriflng or Applicable Law xequires u�terest fo be paid on such Miscellaneous Proceeds, Lender shafl not be required to pa}=Borrower any 3nterest or earnings ou such Miscellancons Pmceeds. If the restoraUon or rcpalr is not economically feasiUle or Lender's securiiy would be lessened, thc Miscellaneous Proceeds shall be applied to the stuns secured Uy this Security Instnunc��x, whether or no[then due; with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order'provided for in Secrion 2. In the event of a total taking, destruction, or loss in value of the Properry, the Misceilaneous Proceeds shall be applied to the sums seciued by fhis Security Instnxment, �hether or not then due, wiih the eYCess, if any, paid to Borrower. Ln the event of a partial taking, destruction, or loss in vnlue of the Property in which the fair mazket value of the Property iimnediately before the partial taking, destruction, or loss in value is equal to or greatcr than the amount of the sums secured Uy this Security Instaunent immediately before the partial taking, deshuction, or loss in value, unless Boaower and L,ender otlieiwise a�ee in writing, the swns secured by flus Secisity Iastrument shall be reduced by the amount oP thc Miscellaneous Proceeds multiplied by the followina fraction: {a) the total amount of the sums secured iuuncdiately before the partial faking; destruction, or loss in value divided by(b)the Pair iu�rket value of the Ptoperty immcdiately before the paztial t2king, desiruction, or loss in value. E4ny balance shall be paid t� Borrower. In the event of a partial taking, destruction, or loss iu value of thE Property in which the fair market value of flie Properiy iminediately befure thc partial taking, destruction, or loss in value is less than the amount of the smns secured immediately before the paztial taking, destruction, or loss in�ahie, unless Borrower and Lender otherwise agee in writirt�, the MLscellaneous Proceeds shall be applied to the siuvs secured b�this Securit7 Instrutnent w-heth�or not the su�s are then due. If the Propertp is abandoned by Bonower, or if, aftcr notice by Ltxider to Borrower that Tbe Qpposing P�ty (as defined in the next sentence)offers to make an award to se�tle a claim for damages, Borrower f�1s 20 respond to Lender within 30 days after the date the notice is given, Lender is authnrized to collect and apply the Miscellaneous Proceeds eitlier to restoration or repair of the Property or to the sums secured by this Securit7Instrument; whether or�ot Lhen due. "Opposing Party" meazis the thud party tt�a.t owes Borrower Miscellaneous Proceeds or the pariy against whom Bonower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is beb n that, in Lcnder's judament, could restilt in forfeihire of the Property or other material impainnent of Lender's interest in the Propertp or rights imder this SecLUity Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided ivi Se�io�t 19, by aausing the aetion or proceeding W be disinisscd with a ruling that, in Lender's judgment, �ec;ludcs forfeit�e of the ProperCy or othei inaterial unpairment of Lender s iuterest in the Property or rights under this Seeurity lnstrument. The proceeds of any awud or claun for damages t1�at are atfributable to the unpainnent of Lender's interest in the Praperiy aze hereby assigned and shall be paid to Lender. All'_vliscellaneous Procceds fhat aze not applied to restoration or repair of the Properry shall be applied in the order procided for in Section 2. zaooaiso NEBRASKA-Sir.gle Family-Fannie MaalFretltlie M'ac UNI;ORM INSTROM1I FN- Farm 3028 1/�1 VMFOO VMP6MElI�1a5) N�olters Kluw er Flnancial Services Paqe 10 of 1 t