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201210454
<br /> satisfaction, provided that such inspccLion shall be midertaken promptly. Lender may pay for the repairs
<br /> and restoratlon iii a single disbursement ox in a series ot'progress paymeuYs as Uie wor]< is completed.
<br /> Unless en�greement is made in writing or A�plicaUle l.aw requirca�ntorest h�bc paid on euch
<br /> Miscellaueous Proceeds, Lender shall not bc rcqu�ed to pay Borrower�ny intexest ar earnings on suoh
<br /> MiscellaneoLx I'rocccds. IPthe restorafion or repttir is not economically feasiUla or Lender's securiYy woLdd
<br /> bc lc;.g�c��ed, the Miscellaneous Proceeds shall be applied to Che smns secured by this Seourity In�h�m��enf,
<br /> whethex or not then due, with the excess, if any, paid to Borruwer. Such Miscellaneous Proceede shttll bo
<br /> applied in fhe order provided for in Sextion 2.
<br /> In the event of a total t�lcing, destiucY.im�, or loss in vah�c of lhe Properly, the Miscellaneaue Proceeela sha11
<br /> ba applied to the sLims securccl by Ylus SecLu iLy Iustrmnent, whether or not Yhen due, with tha excess, if anY,
<br /> paid I,o Borxower.
<br /> Ii�{he event of a partial taking, dastructiton, or loss in value of thc Yro}�u�'ty in which lhe fair market vnlne of
<br /> the Property ivunediately before tUe partial f��king, d�sWuc6ioti, or loss in value is equal to or greafer thvi(he
<br /> aariount of U�e smns sccurcd by Chis Seciu�ity Instrument invnediately before the partial taldng, deshuction, or
<br /> loss in value, u�le,qs Borrower aud Lender otherwise agree in writiug, the sums sccured Uy this SecuriCy
<br /> InsKmnent shall be reduced by tihe amomit of t7�e Misccllancot�e Proceeds multiplied by the following
<br /> fi•action: (a)the total unount of tho aums �coured iimnediately before the psu•tial taking, dashuotiion, or loss
<br /> in value clivided by (b) tho fair marlcet vnhie of the Property immuliz�tely bafore the parCial taking,
<br /> destruc6oti, or loss in value. Any Uelance shall ba paid tio Borrower,
<br /> In the event of a partial taking, deslrucCion, or lose in value of the Property in which Che fair mar]<et value of
<br /> thc Properly itumediatiely befare the partial talting, desUuction, or loss in value is less than thc amoimt oF fhe
<br /> sums secured itrunediately bafore the partial taking, dast�'uction, or loss in v�hie, uiiless Borrower�nd
<br /> Leuder otherwise agree in writing, the Miscelleneous Prooeeds ahnll be applied to the sums seeured by this
<br /> Socurity InsfriunenC whei:her or not the sums nre Chen due,
<br /> Tf thc Piaperty is aUuidoned by Borrower, or if, after notice by Lender to Borrower that flie Opposing Party
<br /> (as cleflned in Yhe next senYence) offers to maka an award to setH,e a claim for damages, 13orrower fvls to
<br /> xespond to Lender within 30 days after the datc thc iiotioc is givon, Lender is �uChorized to oolleot nud apply
<br /> the Miscelleneous 1'roceeds cithcr to restoratiou or repair of the Property or to the smns secm'ed by Chis
<br /> Sect�rity Insh uinent, whefher or not then due. "Opposin{; Pnrty" meanc thc third parCy thaC o�vea Borrqwex
<br /> Miscellaneous Proceed�or the parry against wliom Borrower has a right of aotion in regFtrd to Miecel}nneous
<br /> Nroceeds.
<br /> [�orrower shall ho in default if any aclion or pxoceeding, wliether civil or criininnl, is beguu thaC, in Leuder'y
<br /> j udginent, could result iu forfeiture of'Cha Property or oflier maEeri�1 impairment of Lcndcr's intcecst in Che
<br /> Property or riglrts wider this 9ecurity Instrumout. Borrower can ciue such a dePnult tuid, iP ncceleratiari has
<br /> occurred, reinatatc as provicied in SecHon 19, by causing the metion or prooeeding to be disinissed with a
<br /> nding ChnC, in Lender's judgment, precludes forfeiture of 11ie Property or oflier material irnpainrocnt of
<br /> Lender's interest in the ProperCy or rights under th,is Security instrumcnt, 'Llic proceeds of�ny award or
<br /> olaim for daviages that are attributaUle to the iinpaimient oPLe�ider's interest in the Property na•e hereUy
<br /> assigned and sl�all be paid to Lencier.
<br /> All Miscellaneous Yroceeds th�t are not applied Co restoretiou or repair of che Property shell be applied in the
<br /> orcler�n'ovided for in'Section 2.
<br /> eaooz9oe
<br /> NF.BRASKA-Sin9leFamily-FannleMae7Fetl�ioMar,l1NIFORM INSTRIIMENT Form30281701
<br /> VMP aD VMP6(NE�(11051
<br /> W Mlors Khiw ar Flnancial Services Pege 10 oi 17
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