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201201745 <br /> satisfaction, provided that such inspection shall be undertaken proinptly. Lender mzty pay Por the repairs <br /> and restoration in a single disbursement or in.a series of progress payinents as the work is completcd. <br /> Unless an ageeinent is made in writing ar Applicable I aw requires interest to be paid on such <br /> Miscellaneous Proceeds, Lender shall not be requued to pay Borro�ver any interest or eamings on such <br /> Miscellaneous Proceeds. If the restnration or rzpair is not economically feasible nr Lender s security would <br /> be lessencci, the Miscellaneous Proceeds shall be applied to the sums seciu-ed by this Security Instrument, <br /> whether or not then duc, with the�cess, if any, paid to Borrower. Such Miscellaneous Proceeds sha11 be <br /> applied in the order provided for in Section 2. <br /> In the event of a total taking destruction, or loss in value of the Properfy, the Miscellaneous Proceeds shall <br /> be applied to the sums secured by tliis Securiry Insisument, whether or n�t t71en due, with lhe excess, if any, <br /> paid to Sorrower. <br /> In khe event of a pazrial taking, desnucrion, ar loss Ia value of fhe Properry 3n which the fair market value of <br /> the Propertc iminediately before the plrtial taking, desh-ucuon, or loss in valuc is equal to or greater than thc <br /> amount of the sums seci�red by this Security Instruxnent uimmaliately before the partiat taking destruction, or <br /> loss in value, unless Borro��er and Lendcr c�thenvise agrae in�iting, the sLm-is secured by this Security <br /> Instrument shall be reduced by the amount of the Miseellaneous Procceds multiplied by the following <br /> fractlotv (a)the tatal amount of the sums secuted iincnediately be�ore the partial taking, destruct�on, or loss <br /> 3n value divided by(b) tHe fd.0 mazkeE value of the Property unmediaCely before the pu'riat taldng, <br /> destruction, or loss ia value. Any balance shall be paid to Boxrower. <br /> In the event of a partial t��lang, destruction, or loss in value of the Property in wl�ich the fair market value of <br /> thc Property lmmediately before the part�ial Caldng, desh-ucrion, oz loss in value i&less than the amount of the <br /> sums secured'unmediately before the partial talang, destruction, or loss in value, unless Boaower and <br /> Lender other��ise agree in writing, the Miscellaneous Froceeds shall be applied to the sums secured by this <br /> Security Instrument whether or not the sums aze then due. <br /> If the Properiy is abandoned by Borrower, or if after notice by Lender to Borrower rhat the Opposing Pariy <br /> (as defined in the next sentencej offers to make an awazd to settle a claim for damage9, Borrower fails to <br /> resnond to Lender within 30 days after!he date tlic norice is given, Lender is authorized to collect and apply <br /> the Miscellaneoi�s Procecds either to restoraUon or repair of the Pr�perry c�r to the sums secured.by this <br /> Security Instrument, whethex ox not then due. °Oppos3ng Farty" means tY1.e fhird pazty that owes Borsower <br /> Miscellaneous Proceeds or the party against whom Borrower has a right of action in regazd.to NIiscellaneous <br /> Proceeds. <br /> Borrower shall be in default if any acfion or proceeding, whether civil or criminal, is begun that, in Lender's <br /> judgncut, could result in forfeitut'e of�e Properlg or otha material&1�pau-iueut of Lender's ui(c2est in the <br /> Properiy or rights under this Security Instnunent. Borrower can cure such a default and, if accelerafion has <br /> occtured, reinstate as provided rn Sectiou 19, by causing the acrian oi proccedulg to be dismissed with a <br /> ruluig that, in Lender's judgnent, prccludes forfeiture of the Properiy or other material impairment of <br /> Lender's intcrest in the Property or rights under this Security lnsh-ument. The proceeds of an.y award or <br /> claim fot d�.cuages that are aEtnbutsible to the im�ainnent of L,ender's inteiest in the Property are hereby <br /> assigned and shall be paid to Lender. . <br /> All�Iiscellaueous Proceeds that are not applied to restoration or repau-of the Properiy shall be applied in the <br /> order provided for in Secfion 2. <br /> zaoaaasa <br /> NEBRASKA-Single Family-Fannie IdaalFretltlie Mac UNIFORA9 INSTRUM1ISIT Form 3028 1/01 <br /> Vh1?� VM P6(NE7(�105) <br /> �floltcl5 KIUW¢t Fi0dnG815ENICPS <br /> Page 10 of 1] <br />