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201207888
<br /> sntisPaction, provided that such inspection shall be undertakon proinplly. Lcuder inay pay far the repairs
<br /> �wid restoration i� a sin�;le disbursettient or in a serios of prograss paymenfs as tl�e work is completed.
<br /> Unless an agreeinent is made in wriYing or Applicn6le Law requires inYerest to be paid on such
<br /> Miscellaueous Prtrceeds, Lei�der slial] not be required to pay Bc�rrower anq interesf or earnin�s on yuch
<br /> Miscellaneous Proeeeda. If H2e restoration or repair is uof economically feasibla or Lenc1er's �ecurity Wou1d
<br /> be lessaned, tl�e Miscellaaieous Proceede shall Ue applled to the sums seouecd Uy t1�is Security Inslrument,
<br /> wl�ether or not then duc, widi Yhe axcess, if eny, paid to Borrower. Such Miacellaneous Pinceeds shall be
<br /> applied in i:ha order provided for iii Section 2.
<br /> ln the eveat of a total talung, dostruction, or loss in v�lue of thc Property, tiie Miscellaneous Proceeds sha11
<br /> be applied to t1ie sums secured by Lhis Sccurity lustrument, whether or not tben due, with the exoese, if any,
<br /> paid to Borrower.
<br /> In Yhe event of a par6al tal�ing, destruction, or lose in vahte of tlie ProperCy in wliich t1�e fair market value of
<br /> the Pioperty immediately bofore the paitial Yaking, desknwNon, or loss in velue ie equal co or greater fhan the
<br /> amotuiC of the sunla secared by this Secmity Instrttment immediatcly before tl�e parHal tnking, dcstruction, or
<br /> loss in va7ue, wiless Borrower and Lcnder otl�exwise ag�rea iti wriCing, tl�e smns�sectued by Llue Security
<br /> InetrumenC eh�ll be rednced by the amount o�f thc Miscellaneous Prooeeds n�mLuplied by the follo�uing
<br /> fraction: (fl) the 6oCn1 ainouut of tihe sttms secured invnediatelq l�efore the p�rtial laking, destruction, or loss
<br /> in valne divided by(b) the fair marlcet valua of tlie Proper[y i�nmcdiately beFore tlie partinl LaMng
<br /> deshuction, or lose in value. Any balamcc nhall Ue paid tio Borrowet.
<br /> In fhc cvcnt of a partial CAlcing, deslruciion, or loss in value of the Property in�aliieh the ftir muket value of
<br /> the Properfy immediately Uef'ora the partial falcing, deahuction, or loes in v¢1ixe is lws than the Tinount oF the
<br /> sums seoured immcdiately before ihe pertiel t�king, destruct'rcm, or loss in valu�, unleFs Borrower z�nd
<br /> Lender otherwise agree in writing, flie Miscellaneons Proceeds sl�all Ue a13plieci to Yhe sums secured by this
<br /> Security Instrtmient wheCher or n�t Uie suins are tlian due.
<br /> If the Proper6y is abandoned by Borrowar, or i£, after notioe by I,cnciar fc� [�orrower that the Opposing Party
<br /> (ae defined in the�next sentence) oPfors to inalce an award to settle n olann for dani2gc5, Horrawer fails to
<br /> respond to Leuder within 30 days after the daCe the noticc;is given, Lander is autharized to eollect and apply
<br /> the Miscellnneoue Procacds either to restoration or repaix of the Property c�r to the smns secured by thie
<br /> Sccurity]nstr�tiiment, whether ox not then due. "Opposing Yarty° means the thvd pnrty that owes Borrowcr
<br /> Miseell�neoue Procceds or the partiy against whom Borrower has a right of action iu regard to Miecellaneous
<br /> Proceeds.
<br /> Borrower sha71 be in dcfxult if airy action or proceeding, whether civil or criminal, is Uegwi Uiat, in Lender's
<br /> judgment, oould resulC ni forf�iture o£t1�e Property or oCher matecinl impairtnenl of Lciidcr's ii�te��eet In the
<br /> Property or righte under this Security�I�ietruu�ont. 13orrower can cm�e such a default nnd, if accelerahion has
<br /> occurred, reinstata as provided in Section 19, by cazising Lhc activn or proceedin�tio be dismissed with a
<br /> nfling that, in Lcndcr's jud�uetiC, precludes farfeiture of thz Properly or other matcriul impairment of
<br /> Lender's intereat ni the Property or rights under this Secw'ity InsYrument. The prooeeds of any award or
<br /> claim for dainagas th�C nre nttribntable to the impairmcnt uf Lender'y interest in the Property ere hereby
<br /> asRigned aud s1�n11 l�e paid to Lender.
<br /> All MiscellaneoLis Proceeds Shat are noY applied to reatoraHou or repair of the Properfy s1�a11 be applied in the
<br /> order provided for in Secfiou 2.
<br /> � 24002246
<br /> NEBRASKA-Sin�le Famlly-Fannle M ae7f�eddle h1 ac UNIFORbI INSTRUM ENT Farm 3028 1101
<br /> VM P OO V M Pe(NG (1106)
<br /> W ollers I<luw er Finanalel Services Poge�0 of 17
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