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201207417
<br /> satisfaction, provided Uiat such inepection ehall b�underlakea promptly. Leuder may pay for the repairs
<br /> and restoration in a single disbut�ementi or in a series 6f progreas paynieiits as fhe woiic is completed.
<br /> Unlese an ngreetnen[is made in writing or Applicable La�w i•equires interest to be paid on such
<br /> Miscellaneous Proceeds, Leuder shall noc bc requircd to pay Borrower any iciterest or eariungs on e�tch
<br /> Miscellaneous Proceeds. If'Yhe restoxarion or repair is not economically �feasible or Lender's seci�rity wotdd
<br /> bc]csscncd, the Miecellaneous Proeeads ehall be a�lied ko�the siuns scoured by this Security Inshurnent,
<br /> whether or noC 41�en duo, witl� the exce,ss, i�P�wy, paid to Borrower. Sueh Miecollan�ous Yroceeds shall Ue
<br /> applied iu the order provided Por in 5ection 2,
<br /> In the evenC o£a total taki�ig, dcstructr`on, or loss in value of the Property, Che Miscallane�us i'roceeds eha11
<br /> be applied to Che�ums securul by tlua Seourity InsCrumcnt, whcther or not then dtze, with the excess, iP any,
<br /> paid to Borrowec.
<br /> In khe evenk o�P a parNa] ta7cing, destruc�ion, or loss in value of the Properly in which fl�e fe�ir market value of
<br /> the ProperCy i�nmediaCely bcforc the par�rial taking, destruction, or lose in value is equal Co or geator thau t1�e
<br /> etnount of the sums seciu•ecl by lhis Security lnsh�umcnt immediately before Yhe pnrtiel taking, de.slruotion, or
<br /> loss in valua, unlees Borirower nnd Lencler otherwise agree in wriung fhe sums secuced Uy this Security
<br /> ]nsri�tixmeut shall be eeduced by Yha nniount of the Miacellaneons Prooeeds inidtiplied by the following
<br /> fxac4ion: (�)tho total ai��onnt of Lhe sums seoured umnediately before the partial falting, du�lruction, or loss
<br /> in value divided by(b) Llie faix inarketi valuc of H�e Yroporty itmned'tately bafbre the ptu tial talting,
<br /> destructiou, oi loss in valne. Any Ualanoe shadl be paid to Borro�ver.
<br /> [n tha aventi oi'a pa�tial taking, destruction, or loss ui valne of ilic ProWe�ty in which the f'air market value oF
<br /> Uio Yroperty immediately before Uia parlial taking, destruction, or loss in value is less tl�an th�amounf of tlie
<br /> sums seoureci niu��ediatcly beforc the partial tal<ing, destruction, or lose in valLie, unless Borrower and
<br /> Lender otherwise agree in wriling, lhe Mieocllaitwus Yroceeds shall be applied to the enms secured by thia
<br /> 8ecurity Inetrwnent whether or not the suix�s nre Cheii ciue,
<br /> If Cha Property is abandoned by Bon-ower, or iP, aftcr notico Uy Lcnder to Borrower that the Opposing Pu ty
<br /> (as defined in tlie nexti santienca) ofFers Yo make nn award to settle a clainl for ciamages, Rorrower fails to
<br /> reapond Co Lendcr within 30 dztys uf�sr the date the notice is given, Leiider is auChorized Co collecti and apply
<br /> the Miscellaneous Prooeeda either to rnstorati�»i c�r repair of fl�e Property or to flie euma secnred by this
<br /> SecLu�iEy TnsTrumcnt, whether or not Uien due. "Opposing Purty" means the lhiid par6y that owen Borrower
<br /> A4iscellaneous Psooeeds or Che pm•ty agatnst whoiv Borrower l�as a ri�hti of acYion in regard to Miscellaneous
<br /> Proceeds,
<br /> Borrower aha11 be in default if any action or procccsding, wlxctl��n�oivil or ciiminal, is beguu that, in Lender'a
<br /> judgment, could restilt in Forfeiture of the Propeity ox oth�r maferial impair�nent of Lender's interest iu Clie
<br /> Properly or righCs ur�der thie Secnriiy InsU'tunent. Borrower een cure suoh a default and, if aoccleration has
<br /> occurred, reinstate ns provided in Seotion 19�, by causing the aetion or proceeding to be disrnissed witl� a
<br /> i'uling tha�t, in Le�ider's judgnient, prechides forPeitm�e oP tho Yrope��ty or other inaterial iinpnirment of
<br /> Lender's intorest in the Properly or rights under this Sectuity Inst��uinent. 'The proceeds of any awacd or
<br /> cltiim for d[unages khat nre aCtributablc to tlie iiripairmenT� of Lender's interest in tihe Proper6y�re hcrcl�y
<br /> assigned and shall ba paid to Lender.
<br /> Ail Miecelluieous Proceeds that axe not applied Co restoration c�r rcpait of the ProperCy shall be applied in Che
<br /> ordor provided for in Seetion 2.
<br /> z�toozoea
<br /> NEBRABKA-Singla Femlly-Fennle bl salFretltlle Mec 11NIFORM INSTRUM ENT Porm 302b 1l01
<br /> VM P� VPA p6(NE1(1105)
<br /> Wolters Kluwer Financial Services Page fD ot 1]
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