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201201565
<br /> satisFaction, provided fl�at sach inspcction shall Ue unde�taken promptly. Lender may pay for the repaira
<br /> and restoration in a eingle c1'vsbursemont or in a serics of progtess payments as the worlc is�eotnpleted.
<br /> Unless nn ngreement is made in writing or Applicable Law rcqniros inter�est to be paid on such
<br /> Miscellaneous Procaeds, Lender shall not be xequirecl to�pay Borrower auy interost or enrniugs on such
<br /> MiscellEZneoue Proceeds. If the restoxation or repair is not economicnlly fensible or Lendei's security would
<br /> be leesenecl, the Miecellaiieous Procceds shall be e�pplied to the swns seea•ed by fhis Secuxity Instrument,
<br /> whether or not Uien due, with the exoess, if eny, p�id w Borrower, Such Miscallai�eous Prooeeds shall Ua
<br /> applied in tihe order provided f'or in Section 2.
<br /> In the event of a total taldng, destruction, or loss in value o£the Property, the Miscellane�ue Procecds sl�all
<br /> Ue applied to Uie amns secured by tlns Secw�ity Instrument, wheYher ox not then chie, with the exoess, iP any,
<br /> paid to Sorrower,
<br /> Hi Uie event of a partial taking, dest�ucfion, or loss in value of the Property in wluch ihe fair maakeP vAlue of
<br /> the Property immcdiatc,ly bofore tho parNal taking, desb'�iction, or loHS in value is eqtiul to or gre�ater fliazi the�
<br /> amoLm� oP the sums seoured hy tl�is Seourily InsCrumeut 'vnmediately bePore the partial taking, des��iction, or
<br /> loss in value, unless Borrower uicl Lender otherwise agree in writing, the aunzs secured by thie Security
<br /> Instrmnent ehall be rednced Uy the amomrt of the Miscellaa�eous Proceeds inulfiplied Uy the£ollowing
<br /> fl�action: (a) tl�c total amourit of the sums sw�u�c�d in�mcdiafely boforo tl�o partial k�king dustruction, or loss
<br /> in vahie divid€d by(b) the feix merket velue of the Property inunedi�tely l�efore the pnrtial tnking,
<br /> destruction, or loss in vtilue. Any Ual�ice sha11 be paid to Borrower.
<br /> � In the event of ft pariinl tnlcing, dest�iiotion, or losa in value of th�Proper[y in which the fnir m�u•IceE valiie of
<br /> the Property iirunediately before�tie pertiel taldng, destruction, or loss in value is less than the amount of the
<br /> sums seciu•ed immecliately Uef'ore the partial taking, destruction, or loss in value, unless Borrower and
<br /> Lender oCherwise�grea in writing, the Miscellaneous Procceds sl�all ba a}�plied tc�the s�miti securcd by tl�is �
<br /> Seourity Insti�ument whether or nat Che smns tu�e then due.
<br /> [f tUe Yroperty is aUandonod by Bormwer, or if, after notice by Lender to Bonrower thal 11ie Opposing PvCy
<br /> (as deflued in the next aenteuce) offers to make�si awax<1 to sattle A cl�im for damages, Borrower fails to
<br /> respond Co Lender within 30 days alter the dafe the notice ie given, Lender is a�Lrthorized to collect and apply
<br /> the Miscellaneotis Yroo�eds oithcr to rostorakion or rcpa'tr of fhe Prpperty or to tihe stnns seeured by Ehia
<br /> Security Instcument, whe�lier or uot then due. "Op�osing Pfuty" meaus the Cinrd paaty tliat owes Bonnwer
<br /> Miscellaneous Proceeds or the party against whom I3orrower has a right.of e�ction in roga��d to Misca71aneous
<br /> Proceeds.
<br /> Borrower shall ba in defatilt iF any action or proceeding, whet1�er civil or ciimina7, is begun tl�at, 'rn Lender's
<br /> jud{;me�it, could r�sldt in forfc�iture of the Prpperty or otl�er maleri�l impairinent of Lender's inferesC in the
<br /> Pinperly or rights imdar this Security Inshvment. Borrower ca�i cure such a default�ixd, if acceleration hae
<br /> occurred, reinsYate as provided in Sectlon 19, by cansing the action or pmceediag to be dismissed�viTl�a
<br /> iuling thaf, in i.endcr's judgmcnt, prccl�idas Porfcit�u'e of the ProperCy or n[her m2Ceri11 impainnenC oP
<br /> I,ender's interest in the Property or rights under this Security Insh•ument. Theproceeda ofany award or
<br /> clqiin for damages Yhat�re atta•ibuYable Yo Yhe iinpairnient oF Lender's interest in the Properky are hereby
<br /> assi�;ned and shell Ue paid to I..ender. .
<br /> All Misoellaneous Proceeds diat aaa uot applied to restoration or repair o£the Property shall Ue applied In the
<br /> order provided lor in Section 2.
<br /> 74000300
<br /> NE6RASKA-Single Famlly-Famile Mee/Freddle Mec UNIFORM INSI'RUMEN7' Farm 30L6 1/01
<br /> VMP�� VMPB(NE�(1106J
<br /> W olters Kluw er Financinl Services Paga Q o(7]
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