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2012065g�
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<br />satisfaction, provided that such inspection shall be undertaken prompfly. I,ender may pay for the repairs
<br />and restoration in a single disbursement or in a series of progzess payments as the work is completed.
<br />Unless an agreement is made in writing or Applicable Law requires interest to lx paid on such
<br />Miscellaneous Proceeds, Lender shall no"t be required to pay Borrower any interest or earaings on such
<br />Miscellaneous Proceeds. If the restoration or repair is not eeonomically feasible or L�nder's security would
<br />be lessened, the Miscellaneous Proce�tls shall be applied w the sums secured by this Security Instrument,
<br />whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall lx
<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 Properry, the Miscellaneous Proceeds shall
<br />be applied to the sums secured by this Security Insttument, whether or not then due, with the excess, if any,
<br />paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in value of the Properry in which the fair market value of
<br />the Properly immediately before the partial taking, destruction, or loss in value is equal to or greater than the
<br />amount of the sums secured by this Security Instrument immediately before the partial taking, destruction, or
<br />loss in value, unless Borrower and Lender otherwise agree in writing, the snms secured by this Security
<br />Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following
<br />fraction: (a) the total amount of the sums securefl immediately before the partial taking, destzvction, or loss
<br />in value divided by (b) the fair market value of the Property immediately before the partial taking,
<br />dest�vction, or loss in value. Any balance shall be paid to Borrower.
<br />In the event of a partial taking, destruetion, or loss in value of the Properry in which the fair market value of
<br />the Property immediately before the partial taking, destruction, or loss in value is less than the amotmt of the
<br />sums secured immediately before the partial taking, destruction, or loss in value, imless Borrower and
<br />Lender otherwise agr� in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this
<br />Security Instrument whether or not the soms aze then due.
<br />If the Property is abandoned by Borrower, or if, after notice by Le�nder to Borrower tvat the Opposing Parry
<br />(as defined in the next sentence) offers to make an award to settle a claim for dama.ges, Borrower fails w
<br />respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply
<br />the Miscellaneous Proceeds either to restoration oi repair of the Properry or to the sums s�urefl by this
<br />$��ty in.ctn�ment� whether or not then due. "Opposing Party" means the third parry that owes Borrower
<br />Miscellaneous Proceeds or the pazry against whom Borrower has a right of action in regazd to Miscellaneous
<br />Proceed.s.
<br />Borrower shall be in defa.ult if any action or proceeding, whether civil or criminal, is begun that, in Lender's
<br />judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the
<br />Property or rights under this Security Inccn,*+�+e�±r, Borrower can cure such a default and, if accelerafion has
<br />occurred, reinstate as provided in Section 19, by ca.using the action or procee�ing to be dismissed with a
<br />niling that, in Lender's judgment, precludes forfeiture of the Properry or other material impairment of
<br />Lender's interest in the Properiy or rights under this Security Tn. �*�e*±±. The proceeds of any award or
<br />claim for damag� that are amributable to the impairment of Lend:er's interest in the Properiy are hereby
<br />assign� and shall be paid to Lender.
<br />All Miscellaneous Procee�s that are not applied to restoration or repair of the Properly shall be applied in the
<br />order provided for in Section 2.
<br />NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1i01
<br />vMP � VMPBfNEI f11061.�
<br />Wohars IOuwer Rnancial Sarvicres Paga 10 oi 77
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