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201206256
<br /> satisfaction, }�rovided Lhat suoh inspection shall be tuidertaken promptly. Lendex muy pay Por Lhe rep�irs
<br /> nnd restoxation in fl aingJe disbLu�sement or iti a cceics of progress payments as the work is compleYed.
<br /> Uvless an agreement is made in writing or Applicable Lnw requires inCeresC to Uc p�aid on sLich
<br /> � Miscel1aneous Proceeds, Lender shall not be required to pa�y Borrower �ny interes[or earnings on sucLi
<br /> Itdiscellancous Procccds, Tf fhc restoration or repair is not econoniically feasible or Lender's security would
<br /> be leasened, the Miacellaneous Proccede sl�all bc;a}�plied to tho sume secured 1�y this Seourity IlisYrument,
<br /> whether or not then due, with the excesa, if any, paid ho Borrower, Suc;l�Misccllaneotiu Proceeds shall be
<br /> Tpplied in the order provided for iu Section 2..
<br /> In tlie e�vent of a YotEt1 teldng, desh•uction, ox losa in vnlue of khe Proper�y, Ihe Mi�cc,Raneous Procecds shall
<br /> be applied to Ehe swns secmed by this Secwity Iustruinent, wl�eYher or not then due, wilh Lhe excesa, iP any,
<br /> pnid to Borrower.
<br /> In t1�ie even[oP 2 partial lakii�ig, des6ruclion, or loss in v11ue of Che Property in wl�icb the fair market value of'
<br /> the Prope�•ty immec1iately before the p�rtinl tnking, destnicrion, or loss in vah�e is equal to nr groatcr tl�an the
<br /> a�nount of the smns aecmed Uy this Secm-ity Insu•umant iimnediaEely before the partial talcing, destruction, or
<br /> loss iii value, unless 13orrower and Lender otherwise�bree iii writing, the sLuns secured by lhis Security
<br /> Instr'u�nent shall be rcduocd by the an�ount of the Miscellarieons Yroceeds multiplied by the Collowing
<br /> fraction: (a) (lie io1�11 a�vounC of tho cuins sectued ia�vnediaCely before lho partial talring, ciest�-uction, or loss
<br /> in value divided by(b) tlie fair markeh value of the Property ittunedi�tely I�efore Lhe parH71 Caking,
<br /> destruction, or loss in value. Any balance shall be paid to Borrower.
<br /> In the event of a partial taldng, destruction, or loss in v�1ue of the Property in which the fair market value of
<br /> the Property>>nmecli�tely before the partial talcing, destructio�r, or loss in value is less Uian Che�nomit o�F the
<br /> sums seom�ed itnmediately bef'ore lhe parlial taking, cleslruotion, or loes in val'ue, unlesa Borrowcr and
<br /> Lender otherwise agree iu wriCing, the Miscellaneous Proceeds shall Ue applied to the sums secured by this
<br /> Security Instrwnent whather or not the stuns are tlien due.
<br /> If Yhe Property is abandoned by Borrowar, or if, aftar noCice Uy Lender to Borrower Uiat the Opposing Party
<br /> (as defined,in the next sentcnce) offers to m��kc an award tn settlo c�claim far damagesy Borrowex fails fo
<br /> reRpond�to Lenc�er withu�30 clays after fhe daCe C}ie noCioe iF given, Lender is author'tzed to collcct aild aUply
<br /> the Miscellaneous Proceeds either to restoratiou or repair of the Property or to the sums seourecl by this
<br /> Sceurity InehYiment, wh�thcr ot not thcn due, "Opposiiig Party" incan� tl�o tl�ird party that owes Borrower
<br /> Miecell�neoua Proceeds or the party against whon�Borrower has fl right of�ction in regarci to Miscelluieone
<br /> Proceeds.
<br /> Borrower sha11 be in detaulY if any action or proceeding, whether civil or crimiu2l, is begun YheE, in Lender's
<br /> jncib�nent, cotiild resi�lt in forfeihtre of the Property or other material impairme��t of I,ender's intsrest in fha
<br /> ProperCy or rigllls imder Chis Security Inef��umenC. Borrpwer cau oure such a dc�fault and, if�ccdleration haa
<br /> ocourred, reinstate ea peovided in Section 19, by oazising the netion or proceed'nig to be dismissed wiCh�
<br /> euling that, in Lander's judginent, preohxdos forfeiture ol'Yhe Property or oYher m�teriel impeirment of
<br /> Lender'y interest in tlie Property or rights under this Security inytrument. Tha proceeds o�f aaiy award or
<br /> claim for ciamagos�UiaE are atLi�ibuCable to tha imp�tirmenC of Lender's intercat in Yhe Propertq are hereby
<br /> Assigned mid ahnll Ue paid to Lender.
<br /> All Miscellaneoua Pxooeeds thflt nre�iot appliecl W restoration or repnir of the Properly shall l�e applicd 'ni tlio
<br /> order provided for in SecCiou 2.
<br /> eaoa�eex
<br /> NEBHkBKA-3lnqle Famlly-Fennle MaelFreddle Mxa UNIFORM IN6"fRUMEN'f Pofm 20211 1(01
<br /> VMP� VMP6(N€)(110G1
<br /> Wollers Kluwer Financlal 3ervlcos Pape 10 of 17
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