Laserfiche WebLink
��1�1�444 <br /> sa��sfacxion, provided that such inspectYon sha11 b�under�aken promptiy. Lender may pay fnr the repairs <br /> and restoratian in a single disbursemen�ar in a series af pragress payments as the work is�ampleted. ' <br /> Uxil.ess an agreement is made in writing or Appl�cable Law requires interest to be pai.d on such <br /> . <br /> M�scellaneous Proceeds, Lender sha11 nat�e reyuir�d.ta pay�rrawer any�nterest or e,anungs on such <br /> Mxsce�laneous Proceeds. �f�h.e restaration or repair is not economically f�asib�e or Lender's secur�ty v��u1d <br /> be Iessened, the Mxscel�aneous Pr�ceeds sha11 be applied to�he sums secured by this Security Instrument, <br /> v�he�h�r nr not then due, with the excess, �f any, paid��Borrawer. Such Mis�ellaneaus Procec�ds sha1X be <br /> app��ed�n the�rder pra�ided for in Sec�ian 2. <br /> �n�he e�ent of a total taking, destruct�an, or loss in�a.�ue of t�ie Prvperty, �he Miscellaneaus Proce�s sha11 <br /> be applxed to the sums se,cured by this S�curi�y Instrum�n�, whe�her ar not then du�, w7i�h�ie excess, if any, <br /> paid to Barrower. <br /> � In the e�ent of a partial taking, des�ruction, nr loss in�a1ue of�he Property in which the fair m,arket�a1ue vf <br /> the Property immediatel�before the part�al taking, destructian, or loss in�a1ue is equal to or gr�at�r than�he <br /> amoun�of the sums secured by�iis Security Instrum�nt immediately before the partial taking, destruc�ion, or <br /> Ioss�n Wa�ue, unless Barrovver and Lender otherwise agre.�in wri�ing, the sums s�cured by this S@curYty <br /> In,strument sha11 be r�iuced by the amount of the Miscel�an�ous Praceeds mu�tiplied by�h�fol�owing <br /> fract�on: �a}the tota�amount of the sums se.cured�mmediately b�fore�he part�a�ta�ing, destructian, or l�ss <br /> in�alue di�ided by�b�the fair market�alue of the Property �mmediately before the partia�taking, <br /> des�ruction, or�ass in�a.Iue. Any balan�e shall be paid to Barrawer. <br /> In the e�ent of a partia.�tak�ng, destructian, vr Iass in Waiue af the Pr�p�r�y�n which the fair marke��a.lue of <br /> th�Proper�y immediately befare the par�ia.�taking, destruc�ian, ar loss in�alue is less than the amount af�he <br /> sums secured immedzate�y before the par�ial tak�ng, de�truction, flr Ioss�n Wa1ue, unless Borrovver and <br /> Lender nther�vis�agree in writing, the Miscellaneous Pra�eds sha11 be appl�ed ta the sums s�cured by this <br /> Securi.ty xnstrumen�whether or not the sums are then due. <br /> If the Proper�y is abandoned by Barro�vver, ar if, after notice by Lender ta B�rrower that�he�pp�s�ng Party <br /> (as defined in the next sentence}�ffers t�make an award ta s�t��e a c�aim for dama.ges, Borr�wer fa�i�s tv <br /> respvnd to Lender wi�hin 30 days after the dat�the n�tice is given, Lender�s au�iar�zed ta callect and apply <br /> the Misce��an�us Praceeds ei�her to res�orat�on or repair of t�ie Propert�or to the sums secure�by�his <br /> Security�n,strument, whe�her nr n��then due. "�pposing Par�y" mea,n.s the third party�hat owes B�rrow�r <br /> Miscellaneous Praceeds ar the party again,st�vhom B�rravver ha.s a r�gh��f ac�ion in regard t�M�sce�laneous <br /> Proceeds. <br /> Barra�ver sha�l be in defau���f any action or proceeding, whether ci�i�or crimi.n.a�, is begun tha�, in Lender's <br /> . <br /> judgment, couZd result�n forfeiture of the Properry or other material impairmen�of Lender's interes�in t.�ie <br /> Property or rights under this S�curity Instrument. Borrow�r can cure such a default and, if acceleration has <br /> occurred, reinstate as pra�xded in 5ection 19, by ca.using t.he action or proceedxng�o be dismissed with a <br /> ruling that, in Lender's judgment, precludes forfeiture of the Proper�y or other material impai.rment of <br /> Lender's interest in the Proper�y or rights under this Security Instrument. The proc�ds of any award or <br /> cxaim for damages that are attribu�ab�e ta�he impairment of Lend�r's i,nteres�in the Proper�y are hereby <br /> assigned and shail be paid to Lender. <br /> Ali Miscellaneous Proceeds that are nat appl�eci to restorati�n or repa�r of the Praperty shall be applied in the <br /> order pra�ided for�n Section 2. <br /> N�gRASKA-S�r�g[e�amE[y-Fann�e Mael�redd'€e Nlac UNfFORM INSTFilJMEIVT Form 3028 7 JD� <br /> V�1lIP� VMIP6[N��t17 Q5f.00 <br /> Wolters K��wer Financial Services Page 10 of 9 7 <br />