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<br /> satisfaction, provided Chat sucli inspection sliall be underCaken promptly. I,endec may pay for Yhe rcpairs
<br /> and restoration in a single disUuxsement or in a scries of progress paymevts ns the wc�rk is completed,
<br /> U�lces an agreemenC is made in writing or Applicable Law requires interest to bc paid on such
<br /> Miscellaneous Proceeda, Lender shall not be cequired to pay Borrowcr any inCerest or earnings on such
<br /> Miseellaneous Proceecls, I'f fhe restoration or repair is not economically feasible or Lender's secuxity would
<br /> 6e lessened, the Miscellaneous Proeeeds slilll be applied Co [he sums secured by tliis Seourity Inslniment,
<br /> whether or not then due, wlth the exceas, iY any, paid Co Borrower. Such Miscellaneous }'roceeds s(iall be
<br /> �PP�!ed in the aider provided far in Section 2,
<br /> ln thc event of a tptll kdcing, destrucCion, or loss id vahte of the ProperCy, the Miscellaneous Proceeds shall
<br /> be applied to tl�e suins secured by this Seeurity Iustrument, whether or not then due, with the excess, if any,
<br /> paid Lo Borrower.
<br /> In the event of a partial taking, destrucYion, or loss in valuc o'C the Property in wliich the fair market vafue of
<br /> the Property immediately before Che partial talcing, destrucCion,or loss in v�tlue is equtQ to or greater than Ihe
<br /> amount of U�e swns secured by this Securitq Instrmnent immediaTely before the par4ial Caking, destiuction, or
<br /> loss in valuc, uuless Borrower and Lender otherwise agree in writii�g, the sums secured hy this Secu�ity
<br /> Instrument shall be reduced by the amounl of the Miscellaileous Procceds multiplied by the following
<br /> fractlnn: (a) the totxl amount of the sums seeuxed immediately beFora the pactial taking, desh'uction, or Ioss
<br /> in value divided by (b) the fair market v2lu�of'thc Property i�rimediately befvre the parCial taking,
<br /> destructiou, or loss in value. A�y balance shall be paid ko Borrower.
<br /> In the event of a partial Cakiaig, des[ruction, or loss in valtte of the Property in which the fair market value of
<br /> the Property immediaCaly before die p�aCial Caking, desCruction, or loes in value is Iess Than the amount of fhe
<br /> sums secured immediately beforc the partial taking, destruction, or loss in value, uuless Borrower and
<br /> I.ender otherwise agree in wriCing, khe Miseellaneous Proceeds shall be applied to tlie simis secured by this
<br /> Seeurity Instrument whetkier or not the sums are�tlien due.
<br /> if the Properry is aUandoned by Bo�rower, or if, after notice by Lender to Borrower that the Opposing Party
<br /> (as defined in the next sentence} offers to make an award to settle a claim for dtunagcs, Borrower fails to
<br /> resp�nd to Lender wiYhin 30 days after thc dale the noCice is given, Lender is autfiorized to collec[and apply
<br /> thc Miscellaneous Proceeds eiChcr Co restoratioi�or repair oY the Property or to tlie sums secured by Ihis
<br /> Security Instiumant, wheCher or not tl�en due. "Opposing Party" me:ms the third party that owes Borrower
<br /> Miscellaneous Proceeds or the party againsl whom Bonower has a risht oP action i�� regard Co Miscellaneous
<br /> Proceeds.
<br /> Borrower shall be in default if�2ny action ox proceeding, wliether civil or criminal, is begun that, in Lendcr's
<br /> judgn�enC, could result in forfeiture of the Property or otfierm.iterlal impairment of Lender's interest in Che
<br /> Property or righYs ttnder this Securily Instrumeut, Borrower can cure such a default and, if tieoelcration has
<br /> occurred, xeinsCnte as provided in SeeCion 19, Uy causing the action nr proceeding to be dismissed wiCli a
<br /> ruling that, in Lender's judgment, prechides fc�rfcilure of the Property or otlaer niaCcrial imPairment�of
<br /> Lendet's intexcsC in tlte Property or rights under this Security Instrument. The proceads of any award or
<br /> claim Por damages tliat are attribuCable to the impairment of Lender's interest in the Property Nre hereby
<br /> assigned and slial] be paid to Lender,
<br /> AIl Miscellaneous Proceeds that are nof applied to restoration or repair of Che Property shall bc applied in the
<br /> ordel'provided for in Scction 2.
<br /> zn000zei
<br /> NE�fiASKA-Sin�le Fainlly-Fennlo�Mac/f-reddie Mac UNIFORM INSiHUMFN? Form 3�Z�7/01
<br /> VMP� VMP6I�EI 17106)
<br /> Woltare Kluwer Fioenolal 3ervloea �aea 10 of 1�
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