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201208789 satisfaction, provided that such inspection shall Uc Lmdertaken promptly. I.ender may pay for the repairs and restorarion in a single disbursement or in a series of pro�-ess payments as the work is completed. Unless an agreement Is made in writing ar Applicable I.aw requires interesY to be paid ofl such l�Iiscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or eaznings on such Miscellaneous Proceeds. I£the restoration or repaii is not econonucally feasible or Lender`s security would be lessened, the Miscellaneous Proceeds sha11 be applied to the sutns secured by this Seci�rity Instru�ument, whether ox not theai due, �vith the excess, if any, pajd to Borrower_ Such Miscellaneous Froceeds shall be applieci in the order provided for in Seccion 2. In flie event of a total taking, destruclion, or loss in value of the Froperry, the Miscellaneous Pxoceeds shall be applied to the sums sec�ed by this Security Instrument, whether ox not then due, with the excess, if any, paid to Borrower. In the event of a partial Caking, destructian, or loss in value o£the Proueny in which the fair inarket value of the Properh�immediately before the p2rlial taking, destruction, or loss in valuc is equal to or�reater:han�lie amount of the smns seciued by tkiis Security Tnsfnuneat iminediately before the pazrial4aking, destruction, or Ioss in vatue, unless Borrower and Lendcr othera�se agree in writing; the sums secured by this Security Insfrument shall ba reduced by the amount of Yhe Miscellaneous PrQceeds multiplied by the following &action: (a}the total amount of the sums secured immediately before the partial talang, destruction, or loss in value divided by(b)the fair market value of the Property j.inmediately Uefore the partial taking destruction, or loss in calue. Ang balance shall Ue paid to Bonower. In the event of a parEial taldn.g, destruction, ox loss in value of the Property in which the�air market value of the Property linmediately be£ore the parkial faking, destcuction; or loss in vatue is less than the amount o£the susns seciu�ed iminediaYely bafore tl�e partial talting, destructlon, or loss in value, unless Borrawer and Lender o#herwise agree in writing, the Miscellancous Proceeds shall be applied to thc suins secured by this Security Insmuncnt whether or not the sums aze then due. If the ProperCy is abandoned by Borrower, or if, after notice by Lender to Borrower tUat the Opposing Party (as defined in tlie next sentenceJ offirs to make an awazd to settle a claim for damages, Borrower fails To responcl to Lender wichin 30 days after the date the noUce is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sum, sec;urcd by this Security Instrument, whether or not thett dne. "Oppasing Party" ineans The tlurd party that owe�Borrower Miscellaneous Proceeds or tUe parry against whom Borrower has a right of action in regazd to Miscellaneous P:oceeds. Borrower shall be in default iF any action or proceeding, whether civii or crinunal, is Uca n that, in Lender's judgncnt, could result in forfai#ure of the Property or other xnaterial impairment oi Leuder's interesi in Ihe Prooerty or rights uader this Secutitq Inszrument_ Borrower can cure such a defanit and, ii acceleration has occurred, re'v-�state as provided in Section 19, by causing the action ar procccding To be disanissed with a ruling that, in Lender's judgment, precludes forfeiturc of the Property or other material impainnent of Lender's interest in the Yroper[y or rightc under ffus Security Instnunent The proceeds of any awazd or claim far dunages that are attibutable to the impainnent of Lender's inferest in the ProperLy aze heieby assigned and shall be paid to Lcnder. All YIiscellaneous Proceeds that are not applied to restoration ar xepair of the PioperCy shall be applied in the order provided for in.Section 2. zaooz?si �EBRASKA-Single Family-Fznnie MaziFretltlie bl ac UNIFOfUd iNSTRUM ENT Fotm 3028 11�1 VMP� � VMPH(N�(1'105) Nloltars Kluw er Pinancisl Services Page 10 of�)