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<br /> satisfaction, pro�ided that such inspection shall be undenaken prompUy. Lender may pay for the repairs
<br /> and restorazion in a single disbursement or in a series of progress payments as the work is completed.
<br /> Unless an agreement is made in writing or Applicable Law requires interest to be paid o�such
<br /> Miscellaneous Procceds, Lender shall not be required to pay Bonower any interes[or earnings on such
<br /> Miscellaneous Procceds. If the restoration or repair is not economically Feasible or Lender's securiry would
<br /> be lessenetl, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrumen[,
<br /> whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be
<br /> applied in the order provided for in Secdon 2.
<br /> In the event of a to[al taking, des[ruction, or loss in value of the Property, the Miscellaneous Proceeds shall
<br /> be applied to the sums secured by this Security Instnvnent, whether or not then due, with ffie excess, if any,
<br /> paid[o Borrower.
<br /> In the event of a partial taking, destruction, or loss in value of the Property in which the fair mazket value of
<br /> the Property 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 sums secured hy this Securiry
<br /> Ins[rument shall be reduced by the amourn of the Miscellaneous Proceeds multiplied by the following
<br /> fraction: (a)the total amount of the sums secured immediately before the partial taking, destruction, or loss
<br /> in value divided 6y (b)the fair market value of the Property immediately before the partial taking,
<br /> destruction, or loss in value. Any balance shall be paid to Borrower.
<br /> In the event of a partial taking, destruction, or loss in value of[he Property in which the fair market value of
<br /> the Property immediately before the partial taking, destmction, or loss in value is less Ihan the amount of the
<br /> sums secured immediately before the partial taking, destruction, or loss in value, unless Borrower and
<br /> Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this
<br /> Security Instrument whether or not the sums aze then due.
<br /> If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower tha[the Opposing Party
<br /> (as defined in the next sentence)offers to make an award to settle a claim for damages, Borrower fails to
<br /> respond to L.ender within 30 days after the date the notice is given, I.ender is authorized to collect and apply
<br /> the Miscellaneous Proceeds either to restoration or repair of the Propet[y or to the sums secured by this
<br /> Security Instrument, whether or not then due. "Opposing Party" means the third par[y that owes Borrower
<br /> Miscellaneous Proceeds or the party against whom Borrower has a right of action in regazd to Miscellaneous
<br /> Proceeds.
<br /> Bonower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's
<br /> judgment, could result in forfeiture of the Propeny or other material impa'vment of Lender's interest in the
<br /> Property or rights under this Security]nstrumen[. Bormwer can cure such a default and, if acceleration has
<br /> occurred, reinsGate as provided in Section 19, by causing the action or proceeding to be dismissed with a
<br /> ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of
<br /> Lender's interest in the Properry or rights under this Security Instrument. The proceeds of any award or
<br /> claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby
<br /> assigned and shall be paid ro Lender.
<br /> All Miscellaneous Proceetls that ue no[ applied to restoration or repair of the Proper[y shall be applied in the
<br /> order provided for in Section 2.
<br /> NEBRASKA-Single Famlly-Fannie MeeiF�etltlie Mac UNIFOHM INSTPUMENT Frnm 3028 1 rUt
<br /> VMP B VMPBINE1111051.00
<br /> Wolters KWwer Financial Serv�ces Page 10 ot 1]
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