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201209534 satisfacrion, provided that such inspection shall 6e undertaken pxomptly. i.ender may pay for the repairs and restoration in a single dishw-sement or in a series of progress payments as the work Is completed. Unless an agrcement is made in�'iting or ApplicaUle Law requires interesC to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any in[erest or eamuigs on svch Miscellaneous Proceeds. If the restoration ar xepair is noc econoinically feasible or Lender s security would be lessened, the VIiscellaneous Proceeds shall be applied to the sLRns secured by this Security inshument, whethzr or not then due, with the excess, if any, paid to Borrower. Such Miscellaneaus Proceeds shall be applied in flie order provided for� Section 2. In the cvent of a total taktng, destruction, or 1Qss in value of the Property, the Miscellaneous Proceeds shal� be applied to rhe suu�s secured by this Securit}�Instrument, whether or not then due, with the excess, if any, paid to Bonower. In the event of a partial taking, destruction, or loss in value oPthe Properiy in wluch the fair niarket value of tl�e Property ixmuediately before the partial taking, destrucAon, or loss in value is equal to or greater than the BTRount of the smns secured by this Security Instnnnent ima»ediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agxxee tn writing, the sums secured by this Secwity Insh-ument shall be redueed by the amount of the Miscellaneous Procceds inLStiplied by the following fraction: (a}the total ainount of the sums secured tmmediately before the parCial t��ng, desiruction, or loc7s in value divided by(b)the fair matket value of the Property immediat@ly beforc the partial taldng, destxuction, or loss in value. Any balance shall be gaid to Borrowex. In the evem of a partial taking, destruction, or loss in value of the Property in wluch the fair market value of the Property immediately beforc the partial taking, destrucrion, or Ioss in valuz is less than the tunoLmt of the sums secured immediately before the p�tial taking, destruction, or loss in value, unless Borrower and � Lcnder otherwise agree in writing, the Miscellaneous Yroceeds shall be applied to the siuns secured by this Security Instrument whethcr or not the sums are than due. If the Property is abandoned by Borrower, or if, after norice by I,ender to Borrower that the Opposing Party (as defined in fhe next sentence) offers to make an award to settle a claim for damages, Borrower fatls to zespond W LendeF within 30 days after the u'ate t�e norice is g3ven, Lender is autriorized to colleet and apnly the ivliscellaneous Proceeds eifhe�to restoration or iepair of the Properiy or to the sums secured by t7tis Security Instrument, whe[her or not then due. "Opposing Party" means the tturd pariy that owes Borrower M'vscellaneous Proceeds or the party against whom Bonower has a right of ac�on in regard to Miscellaneous Proceeds. Borrqwer shall Ue in default If any action or proceecling whether civil or crlmrnal, is begwi that; in L ender's judguient, cvuld result iu furfeilure vf Lhe Property or other material impairmen[ of Lender s interest in the Properry or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Sectic�n 19, by causing the action or proceeding to be dismissed w7th a ruling that; in Lender's judgment, precludes forfeiture of the Property or other material iinpainnent of Lender's interest in the Property or ri�ts under flus Security Instrument. Thc proceeds of any award or cltim for datnages that are attiibutable to the impairment of Lender's iirterest in the Property aze hereUy assigned and shall be paid to I.ender_ � AlI Miscellaneous Proceeds that aze noE applied to xestorafion Qr repair of the Property shall be applied in the order provided for in Section 2. zoo2�aa NEBWISKA-SingleFamity-Fannteblae�Freddie!daclJNIFORM INSTRUMENT Fo�m 302j81/01 VMP� VM�ge�40�or�]� W olters KWwu Financial Services