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201201696
<br /> snlisfncCion, providcd that such ins�ection sha11 be undertaken�romptly. Lor�der may pay for the repaira
<br /> and restoration in a single disbursemcnt or in a eeries of progress peyments as thc work is completied.
<br /> Unlcss an agreement Is mttde in writing or Applicablc Law reqnires interest Yo be pnid on Ruch
<br /> Misoellaneous Proccrds, I,et7der sl�all not be required to pay Borrower any interest or earnings on euch
<br /> Miscellnneous Pcoceeds. If the restor��£ion or repair is not economioally�Peaeible nr l.ender's sectu•ity wotild
<br /> be lessened, the Miacallnneous Proceeds shall be applied to Che sums s€cured by this �ccurity InsW�anent,
<br /> wlxetlier or not then due, with tlie excese, if any, paid to Rorrower. Such Misoellaneous Proceeds sha11 Ue
<br /> aUplied in tlie order provided for in Sec6ion 2.
<br /> In The event of e tot�l taking, desh�iclion, or loss in value of the Property, the Miscellaneous l'roceeds 4ha11
<br /> Uo applied to the swns seomed by this Security InsCrmnent, wlicther or not then due, with the exce.sa, iP nny,
<br /> �aid Yo Borrower.
<br /> In fhe event of a partial Cal�ing, destruction, or loss in value of Yhe Property in wlvoh the fair market value of
<br /> flie Property iuvnediately before the parGal t�king, deetrucfion, or loss in value is eqnal to or gre�ltcr than t�he
<br /> amount of the sums secured by this Security Inetrument invnediately bcfore the parCial taking, destruction, or
<br /> loas iri value, unlcse Borrower and Lender otherwieo agree in writing, Che sums secLxred by this Security
<br /> Instrument sh�ll be reduced by tl�e an�ounf of the Miscellaneous Prooeeds mulGiplicd l�y tlle following
<br /> f3�acYion: (a) the total an�ounf of tl�c smns Fccured iminediataly bePore the partial talang, dcel��uction, or lose
<br /> in value divided by(U) the f�ir markef Vzlue of tho Prope�ty inuuediatiely befoxe the partiial faking
<br /> deshnction, or loss in value. Any balance shall be paid to Borrowcr.
<br /> In flie eveilt of a partial tztking, deshuction, ot loss 'v�valuo of the Property in which khe Feir inu�keC vahie of
<br /> 11�e Rroperty imtuediately before the paa•tial taking, destriiction, or loss in value is less Ghan tlie amount of tiha
<br /> sums secured umi�ecliaEely l�eforc fl�e partial taldng, dastititetion, or loss in value, nnle.ss B'�rroWer and
<br /> Lender othenuise egree in wciting, Che Miecellanco�4ti Procceds al�all be appliul to the sums secured by khis
<br /> Security Histiuinent whether or riot the suma are then due.
<br /> If Uie Pro�erty is abandoned by Borrawer, or if aftcr iiotice Uy l.ender to Borrower th�the Opposing PArty
<br /> (as defined in The next sentence} offers to make�n n�vu�d to seCtle a claim for damages, Borcower fails to
<br /> � rospond to Lcn�ier� witl�in 30 da�ys after the date the notice is given, Le��der is authouzed to collect and apply
<br /> the Miscellaneous Proceccl8 eithcr to rastor2tion or repair of the Property or to the sums secured by tliis
<br /> Sccurity Ins6Liment, whetiher or not then due. "Opposing Party" meane the third party fhati owes Borrower
<br /> Misoellaneoire Proc;ecde or the party against whoin Borrower l�as �right o£ncCion in rogttrd to MiecellaneoLis
<br /> Proceeds.
<br /> Borrowar shall be in defaxilt if�ny action or procccding, whether civil or criininal, is begun thai, in Lencler'a
<br /> judgnent, could testilt in for£eitw�e of the Properly or ollier maCerial impairment of Lender's interest in die
<br /> ProperLy or rigl�ts under this Securiry InsU�wnenti. Borrower cnn cure such n dcfau1t and, if accelerakion has
<br /> oecurred, reinstace ae providui in Section ,19, Uy causing the action ar proceeding Lo bo dis�nissed with�i
<br /> nding that, in Le�ider's judgme�it, prechides forfoihu'e of fl�e Property or oYher inaterial in�pairmcnt of
<br /> Lender's interesti ui tilla Property or rights imder Chis Seourfty Instr�uneut. The proceecls of nny award or
<br /> claim Por damage,s that are attriUutaUle tio tlie impeitment of Lenc{er's inCerest in the Property zre hereby
<br /> asaigued and shall be paid to L,c;ndor.
<br /> All Miscelltu�eous Proceeds that aro not applied to restoraUon or repair of tihe Property shall be applieci in the
<br /> order provided for in Section 2.
<br /> �a000a�a
<br /> NEBRASKASIngle family-f-annle bl ae7Fre�Alo M�ac UN IFORh1 INSTRUA4 ENT Form 3028 1/01
<br /> VMP� VMPfiNE 17a6
<br /> Wolters Kluwer Flnanclel 6ervloes p�ge�0'oi 1�
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