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201201532 satisfaction, provided that such inspecrion shall be undertaken promptly. Lender inay pay for the repairs and restoration in a single disbm-sement or in a series of progress payments as the work is completed. linless an agreement is�nade ia wxiting or Applicable Law requires interest to be paid on sucfi Miscellaneous Proceeds, I,ender shall not be required to pay Bonower any interest or earnings on such. 1VZiscellaneoL�s Proceeds. If the restaration ox repau is not econosnically feasible or Lender's security woLdd be lessened, the Miseellaneous Proceeds shall be applied to tbe sums secined Uy this Security Instr-ument, whether or uot then due, with the excesS, if any, paid to Borrower. Such VIiscellaueous Proceeds shall be applied in the order protridacl for in Section 2. In ihe event of a total taking, destruction, or loss in valne of the Property; the Miscellaneaus Proceuls shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the even[of a partial talang, dcstruction, or loss in value of the Properh=in which the fair market value of the Properiy iminediately before the partial taldng, destruction; or loss in value is equal to or geater th�w flie amount of the sums secured by this Securih%Instnunent unmediately before lhe partial taking, destruction, or loss in value, unless Borrower and Lender othc.�-wise agree in writing, the sums secured by this Sec;urity Instrumern�l�all be redneed by the amount of the Miscellaneous Procecds multiplied by the following fraction: (a) the total amount of the sutns seeured ipunediateJy befoxe the partial taking, destructioq ox loss ni value divided by(b)the fait�mazkeE value of the Property nnmediately bcfare flie partial �ing, destruction, or loss in value. Any 6alance shall be paid to Borrawer. In the event of a paztial taking, desirucriov, or loss ui value of kha Prpperiy in which the fair mazket value of �c Property iminediately before the parlial r�g, destruction, or loss in value is less Lhan the asnount of Lhe swns secured immediately before the partial taking, destrucLion, or loss in value, uniess Bono�er and Lcnder otherwise agee in writing, the Miscellaneous Proceeds shall be applied to the sums sccured by this Security Instrument�hether or no[lhe swns aze then due. If the Properry is abaudoned by Borrower, or if, after nofice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to inalce an awud to settle a claim fox dunages, Borrower fails to respond to Lender wifl�in.30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Pxoeeeds either to restoxation ar repair of the Property or 4o the smns secured Uy this Security Inshument, whether or not fl�en due. "Opposmg Party" means the third parry that owes Borr�wer MisceIlaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in defanit if any action or proceecling; whether civil or criminal, is begun that, in Lender's judgment, cocld resiilt in forfeittire of the Property or other inaterial impairmeut of Lender's interesc in ihc Property or rights under this Sccurity Instrument. Borrower can cure such a default and, if acceleraYion has occurred, reinstate as provided in Section 19, by eausing the acrion or proceeding to be dimussed with a ruling tha� in Lender's judginent, preclueles forFeiture of the Propexty or othcr material impairment of Lender's interest in the Pioperty or rights under this Security IiLStrument. The proceeds of any awazd or claim for damages thaE aze attributable to The tmpaument of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All MiscellaneoLUS Proceeds that aze not applicd to restorarion or repau of the Property shall Uc applied in the order provided for in Section 2. 24000h22 NEBRASKASngleFamlly-FantliENaelRetltlieMacUNIPORId INSTRUMENT Fo[m30281/01 VMP� VMP6(NG)(Zt05) WoRars Kluwet FN2ncial Services Page 10 oi 1]