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201208913
<br /> satiefaotion, provided th�t auch iuspection shall Ue undertalcc��promptly. Lcndcr may ptiy Por the repan�s
<br /> znd restoration in a single disbua�seme�it or in a scrics of pxogxess payixients �a the work is completed.
<br /> Unless an agreement is madc in t+niting or Appliceble Law requires interest to be paid on such
<br /> Mixecllaneous Prooeeds, Lender shnll not be required to pay Borrowe� ai�y ititerest or cu�nings on auctr
<br /> Miseell�neow Proceeds. If Y1ia reetoratiov or rcpair is noC economioatly Peasible or Leucier's security would
<br /> be lessened, the Miscellaneous Procccds sl�al] be 2pplied to the sums secured by this Sectirity Instaunent,
<br /> whether or not tl�en due, with tl�e cxcess, if auy, paid Yo Borrower. Stich Miscellaneous Proceeds shall Uo
<br /> applied in tha ordor provided for in Secrion 2.
<br /> Hi Yhe evant of a total talcittg, dcstruotion, or Ioss in value of tha Property, Che Misaellanaous Proceods �heill
<br /> Ue applied to thc sume sccurec�b�this Securiry Instrument, whether or not tl'�cn duc, with Che excess, if nnp,
<br /> paid to Borrower.
<br /> In the event of a partial talcing, desfruction, or loss in v�lue of the Property in which tihe fair mar1<et vx1uc of
<br /> the Propevt�y immediatcly bcfore Che pflrtial taking, desCruction, or loss in valuc is alual Eo or greater lhui the
<br /> amount of the aums secured by this Seca'ity Instrwnent imi�iediaCaly l�efore the pnrYizl tplcing, destr�ttcYion, or
<br /> loss in vatue, unlese Borrower and I,ende� oYl�piwise agree in�n�iEing, the stune seowed by this Seciuity
<br /> Snstiument sh111 be reduced Uy tl�o amonnt oP Che Miscellaneous Proceeds multiplied by tho F�llowing
<br /> fraction: (a)the total amount of the amns secured immetliately before the paa•tial talcing, deslniction, or lose
<br /> in value divided Uy(h) tl�e fair market value of the Properfy immediaYely Ucforc Che parfinl ttilcing,
<br /> dcstrucfion, or loss in value. Any baluice shall be paid to Borrower.
<br /> In tho cvcrit oP a partial takin�, desh�uotion, or loss in va1uc oF Lhc�Property in whieh the fair market value of
<br /> the Prop�rty ii�nedia�tely before Che partiul taking, desfruotion, oi• lose in valua is less tl�an fhe atronnt of 4ho
<br /> sums secttred immediately bcfore lhe paxtiel taking, deatrucCion, or lose in value, unless Borrower and
<br /> Lcndcr oH�erwise agree in writing, the Miscellaneous Proceais ehall l�e applied to the sutns seeured by tl�is
<br /> Secixrity Insh�ument whether or not the sums are then due,
<br /> If ihe Property is aUendoned by Borrower, or if, aftor nutice by Zender to Borrower BiAt Yhe Opposing Party
<br /> (as defined in the naxt senicnce)offers to make an awarcl to setCle a cleim for dainages, Borrower fails to
<br /> respond to Leuder with'rn 30 days affer hhe dnCe Yhe notice 'ts givea, Leuder is aut1iori�zd to col}ccY a�id apply
<br /> tl�ie Miscellancous Proceeds either to restoretion or repair of fhe 1'roperty or to tl�o suins seoured by this
<br /> Security Instrwnent, whether or not tl�cn duE. "Opposiiig Party" nieens tha third party lliat owes Borrower
<br /> 1Wiiscellaneous Procc:cds or Hieparty ngninst whom Borrower has a right of acfion in regtu d to Misccll2neous
<br /> Proeeecls.
<br /> Borrower Rhall be in defaulY if eny aotiion oe proceeding whethcr civil or crimiunl, is bea m tl�at, iu Lencler's
<br /> judgtnent, could result in forfeihuc of fl�o Yroperly or othex materinl impainnenC of Landar's iirtereet in the
<br /> Property or rights Luidcr tliis Security Hish�mient. Borrowar can cw'e sttch a clefault and, if awolcration kas
<br /> oecnrtul, r�instate as provided in Section 19, by causiag the action or procecding tio be ciisn�ussed with a
<br /> ruling LhaC, ir�Lei�der's judgment, precludes forfeiture of tl�e Property or ocher mateiial impairmenY of
<br /> Lencler's interest in the Property or rig1its undcr thi� Seci�rily uish•uni�nt. The proeeeds o4'any award or
<br /> claim�or damages t1�at are attributable Co Che impairment of Lender's inCerest in Uie Property�rc horcby
<br /> assigicd zmd shall be ptrid[o Lender.
<br /> All Misccllz�neous Prooeeds that are not �pplied to restoration or repair of the Yropordy shall be applied in the
<br /> order providect for in Section 2.
<br /> 24002567
<br /> NFI3RASKA-SlnBle Famlly-Pannie MaelGretldle Mec 11NIPoNM INS'IRUMENT Form 3028'i1�1
<br /> VM P(y VM P8(NF.)(1106)
<br /> Wollei�s Kluwer Ffn2nclel Servlcee Pege 70 af 1/
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