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201210448
<br /> saCiafaation, provided that 9uch inspection sh<�11 be midertaken pr ompfly. I,endor may pay for the repairs
<br /> and restoration in a eingle diybursement or in a series of progaess payments Ae the worlc is coin�lefed.
<br /> Unless an 2greemenh is made iii writing or ApplicaUle,i nw requires interest to be paid ou snch
<br /> Misoellaneous Prooeeds, Lender shall not be required to p1y Sorrowor any itlterest or earniugs on such
<br /> Miscellaneous Proceeds. If the reatoration or xepair is not eoonomically Peaeiblc nr Lcndcr's security would
<br /> be lessened, tl�e Miscelluieous Prooeeds ehall be appliad to tha suma secured by this Security Instruinenk,
<br /> wliethcr �r not Uicu duo, witU the excese, if any, paid to Borrower. Such Miscellaneous Proceeds shall be
<br /> flpplied in the order provided For iu Seotion 2.
<br /> In Che evenC of a tolal Cnking, deatntol'ion, or loss in vnhie of tho Property, the Miycellxneous Proceeds sh�11
<br /> be applied to the swns secw•ed by this Security Tnstrumeut, whethe�•or nob chen c{ue, with the excese, if any,
<br /> paid to Borrower.
<br /> In tl�e event of a parrial taking, destr�uction, or loss in valne of the Property in which the fair market value of
<br /> tl�o Yroperty immcdiately b¢foro thc parGal talcing, dcsh'uction, or loss in value is eqt�al to or gceater than tihe
<br /> amoimt af the sums sect�red by this Security Instrument immediately 6efore Hic partial talcing, destiuction, or
<br /> los in value, unlese Borrower nud Lender otherwiee agree in writing, the sums secw•ed by this Seourily
<br /> Instrmnent shall Ue reduoed Uy the ainount of the Miscellaueous Proceeds inultiplied by the following
<br /> fractinn; (aj tl�c total ainount of thc suii�s securcd iminediately before the partial talcing, desfructior�, or loss
<br /> in value clivided by (b) the fair nint�ket vahie of the Property iimnediaSely before lhe parflal t��king,
<br /> destniction, or loss in value. tluy Ualuice shall be paid to Borro�ver.
<br /> In the event of a partial taldng, desCruotion, or loss in value of the Property in which the fuir market value of
<br /> the�Propaity inm�ediataly before the partial takiiig, destr`nction, or 1oss�iu value Is less than the amotmt of 11ie
<br /> sums socurcd imv�ediaCely beforo the parhial taking, destnioCion, or loss in valuc, unlo5s Borrower and
<br /> Lender otherwise agree in wciting, the Miscellaneous Proceeds sh2d1 be applied to the suma secured by Clua
<br /> Sectuity Instrwnent whether or not Uie smns are then due.
<br /> Sf the Property is abendoned by Barrower, ar if, after notice Uy Lender to Borrower thet tlie Opposing Pnrty
<br /> (as defined in the next sentenee) o�Ffers to malce au aWard to 5etHa a claim for damages, Borrowar Fails to
<br /> respond to Lender wiClun 30 days afCer fhe date lhe notice is given, Lender is authoriu-d to collect and app1y
<br /> tiie Miscell�neous Proceecia either to restoration or repair of the Prope�ty ar fo the sunis secured by this
<br /> Securi�y IvslnunenL, wl�eCher or not 11ien due. "O�posing Pr�rCy" incans the third party that owes Borrower
<br /> Miscellnneaus Proceecls or the pa�ty agaiusY who�n Borrowex has a right o£aetion in regard fo Misaellaneous
<br /> Proceeds.
<br /> Borrower eli�ll be in def'eult if any action or proceeding, whetlier civil or criminnl, is begun that, ui Lender'a
<br /> judgmant, could tesnit in forfettw�a of'the ProperLy or otlier maCerial impairment of Lender's inCereat in the
<br /> Yroperty or rights uiidcr khis Sw�irity Insh'um��t. Borrowcr can ctiire such a default uid, if accelerAtion has
<br /> occurred, reinetate as provided in Section 19, by oausing the aotion or proceeding to Ue dismihscd with a
<br /> ruling that, in Lender's judgmant, preeludes forfeiture of the Property or other mnterinl itnpairment of
<br /> Lendor's interest in th�1?roperty or'iigl�ts undor this$ecurify Instrmnent. The proceeds of any award or
<br /> o12im fox damages lh�t are attribxitttble lo th�impaixmenC oP Lenclar's interost in khc Property are hereby
<br /> zssigned anci sha11 be paid to Lender.
<br /> All Miscellaneous Proceeds that are not applied Co reatoraCion or repair of the ProperCy ahall be applied in Ihc
<br /> order provided for in Section 2.
<br /> snoozo�i
<br /> NEBRASKA-Slnqle Femlly-Fennle Mae/Fretldie MaC UNIFOfiM INSTHUMENi' Form 3020 1101
<br /> VM P(ry VM P6(NE1(1105�
<br /> Wol�ors Klu�n er Financial Services Pege f0 of 7"!
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