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201208989
<br /> satisfaoYion, provided Uiat euch inspection sha11 be imdertaken promptly. Lender map pay £or the repairs
<br /> and restoratirn�in�single clisbiu•sement or in a series of progiess paymenCs as tl�e wor1<is c��mpleted.
<br /> Unlcse w ag�eement is made in writing or Applicable Law rcquires interesf to be paid on eueh
<br /> Miscellaneous Proceeds, Lender shall not be required Co pay Borrower Auy interest oc eanungs on such
<br /> Miscellaueous Proc;cecls. If the restoration or repair is noti economically fettsible or l,ender's ecr,unty woiffd
<br /> be]esscncd, fhe Misc€llaneous Proceeds ehall be applied Co the ytions securcd by tliis Secm�ilq Inslnmlent,
<br /> whefher or not then due, with the€xcess, if a�ry, paid to ,Borrowc��. Such n�iscellaneous Proceeds shall be
<br /> applied in the order provided for iii Section 2.
<br /> In thc cvent of a Cotal tnking, desYxuction, or loss itt valuc of lhe ProperCy, the n2isoellnneous Proceeds shall
<br /> be applied to Y�he sums secured Uy fliis Scourity Itisfximzeut, whether or not Yl�en due, with the excecs, if any,
<br /> paid to &�rrower.
<br /> In t1�e evcnti of a partial tal�ing, deshuction, or loss in value af tho ProperUq in whioh[he fair market value of
<br /> the Property imtnediately before the pactial talcing, dcs�rticfion, or loss in velue is equal to or greatier fl�aa� thc
<br /> �mount of tha smne secm�ed by t1�is Sccurity Inslrument imtnediately before Uie partial talclub, dcstruction, or
<br /> loss in vahie, unless Borrnwcr and I,ender otiherwise agree iu�*n�iting, fl�e sum� �ccured by fhis Secuxiry
<br /> Instrument sl�all be reiitioed by Che ntnouut o£tihe Miscellaneo��s Procccds mulkiplieci by the�fallowing
<br /> fi'acCio�r, (a) lhe tot�l amonnt of the smns secw�ed iminediatcly before tlie pnrtial talring, destsuction, or loss
<br /> ii� value clivided by(b)tlte fair muicet value of the Prpperty i�sunediattely bePore the paa'tial taldng,
<br /> deshuction, or loss in valne. Any balance Fhall be paid to Borrower.
<br /> Iti the event of a p�i�tial talcing,�iestr'tiicfic�n, or loss ii�i value of tl�e ProparCy in whieh the fair market vahte of
<br /> Che Property immediatcly bc£ora theparti�l taking�, dest��uction, or loss in vtt1uc is ]cse Chan Che amount of Uie
<br /> aums seoured iuunedinCeTy before the partial ta1d'ng, cicstruction, or loss in value, unless Borrower avd
<br /> Lender otherwise agree in writing, tho NIisoellaneoue Proceeds shall be applied to the swns secured Uy this
<br /> Security histrumcnt whefhex or not the sums az'e theii due.
<br /> If the Property is aUandoneci by 13oirower, or if, aYtei'notice by Lender to B'orrowc�'iha� Che O�posing Pfu'ty
<br /> (as defineci in the nexe sentence) offers ko malce�i a�wa�'d to setClc a olaim for damagea, Borrower fails to
<br /> respond to Lender within 30 days atter the date thc notice is given, Lender is �uthorized to collect and apply
<br /> the Tiscellaneous Proceede eiflier to restoralion or repair of the Property or to the suins secm ed Uy Ehis
<br /> ScciiriCy Instrument, whether or not Yhen due. "Opposiirg Yarty° incai�s thc third�arLy Chat owes Boxrower
<br /> Miscellnneous Proceeds or t�ie pa��ty againat whom Borrower hns a xight of'actio�i in regaad to Miscellaueous
<br /> Proceeds.
<br /> Borrower shall Ue iu defaLdt if any ac�iou or proceeding, whether oivil or crinunal, is begun that, in Lcr�der'a
<br /> judgrnent, oould result in£oxfeiture of the Property or other material impnirnient of Lender's interest in the
<br /> Property ox rights under this Security Iusv�Llme�xt. Borrower enn eLu�e such a default nnd, if acceleration has
<br /> occwred, reinstate as provided in Scction 19, by cnuaing Che action or proceeding�to be disnilssed with a.
<br /> ruling that, in Lende�''s judgn�ent, precludes for£eiture of the Pnoperty or otl�er inaYerial impairrnc;nt of
<br /> Lender's intcrest in Che Property or righte under this Security Instrmnent. 'Phe proceeds of auy awaxd or
<br /> claim Por clainages thnt t�ne attributable to fhe impainnent of Lendcn's interesC in t1�e Property are hereby
<br /> assigned nnd ehell be paid to Lender.
<br /> All Miscellaneous Proceeds tihat aze not appli�d to resCor�tion or repair of flie Property ahall be applied in the
<br /> order provided for in Scctian 2.
<br /> — -- �` 240025A2
<br /> NEBIIASKA-Single Famlty-Fannle frl aelFreddie M ac UNIFORM INSTRUM ENT Form 3028 1/01
<br /> VM P O VM P6ZNE1(1105)
<br /> W ollmo Kluw ar Flnunalol Sarvlaeo Pag e f 0 07 1]
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