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201210954
<br /> satisfaction, pi�ovided that such inspection sha11 Ue undertalcen promptly. Lender inay p&y for the repairs
<br /> and restoration in a singlc disburscrncnt or in a scrios ofprogres�paymeuts a�the wor1c is completed.
<br /> Unless an agreen�ent is made in an�iting or Applicable Law reqiures inlere.sC Io be paid on such
<br /> ivliscella�ieous Proceeds, Lencler shall not be required to pny Borrower nny iuterest or eArnings on sucli
<br /> MiscallaneoUs Prbcceds. 1f tl�e restorafion oi'repair is not oconoinical1y feasible or l.ander`e sectiuity would
<br /> be lassened, the Miscell�neous Proceecis sl�all Ue a�glied to the sums secmed by lhia SecLu�iCy Insfnunent,
<br /> whether or iiot then due, with tha excess, if any, paid to Borrower. Such Miscellvieous Proceeds sl�nll Ue
<br /> applied in the order�provided for in Seefion 2.
<br /> In the event oP a total talung, destruotion, or loss in value of the Property, the Miscellaueous Proceeds sl�all
<br /> be applied to the swns secured by this Security]»sh�ument, wlietlier�or not then due, with the excess, if any,
<br /> paid to Borrower.
<br /> ln the cvcnti oP a parCial taking, de.statcLion, or losa in valne oP the Property in which the fnir markeC value of
<br /> che Property immediately before the partial taldng, destruetion, or loss ni value is equal to or greatar than tlte
<br /> amount of the smns secured by tilris Security ListruineuT immedi�ttely before flie partial taking, destruotion, or
<br /> loss in valne, mtless L3orrower and Za�der otherwise ag�ee iu wriLing, 11ie smns secuxed by Ck�ia Securi[y
<br /> Inetr�mienC ahall be reduced by the amount of f]ie Miscellaneous Proceecis muTtipliad by the following
<br /> fxeetion: (a) tho total amouut of tha etuns�sectitred unmediately before the partial talcinb, destructi�n, or loes
<br /> in valua divided by(b)the fair macicet value of tho 1'roperty immediately beforc Che plrtial Calting,
<br /> desW�uotion, or]oss in valuc. Auy balance ahall be paid to Borrower.
<br /> In the evant of a paitial falcing destructiotl, or l�ss in valuo of thc Propotty in whicl� the fair n�arlceL vahte of
<br /> the Propetty imincdiatc]y bcforc the partial taMng, destrucCion, or losa in valuz is less ihan the amount of the
<br /> sums sccuxed iinmecliafely before ehe pnrtial taking, destruction, or loss xn value, unleas Boribwer and
<br /> Lender otherwise agree in writing, Y1as MiscellaAieous Proceed.s sha11 be a{�plied to the suins securcd by thin
<br /> Secm�ity I�nst��uiuent whetlter or not fhc sumn u�c thc;n tiue. �
<br /> If Uie Prope�ty is aban$oned by Borrowcr, or if, aftex nofioe by Lender to Borrower that the Oppoein�Party
<br /> (as clefined in the next sentenoe) offers to make an aw�u�cl Yo seYtle a cleim for daixwgas, Borrower Fails to
<br /> respond to Lender wiYliln 30 days af'ter Yhe date the notioe is given, Le��do� is authoriacd to a�llcct and apply
<br /> The Miscellai�eons Yroceeds eifl�er to restoration�or repair of tlie Pxoperfy or Co Che sutns seeured by tli'vs
<br /> Secarity Inetrument, whether or not tlien due. "Opposing Party" meaais the third party that owes Borro�uor
<br /> Misoellaneous Prooeads or the p�uty against whom Borrower has a rigUt of,act�on in regard to Misccllanoc�us
<br /> Proceeds.
<br /> Borrower shall be in defank if auy aclion oi•pr•oceeding, wl�efl�or civi] or crimiiial, is beguu fhak, in Lender'a
<br /> judgmeqt, co�ild residt in forfciture of Ehe Property or other material impairment of Lender's interest in the
<br /> Property or rights imder this Security InsYrwnent� Borrowar can ome suoh a de£ault and, if acceleration has
<br /> occurreti, renistate as provided in Section 19, by catiuing fl�e action or proccaiing tio ba disinisseci wiCh n
<br /> rnling that, in Lcndcr's judgmcnt, preclucies Porfeihire of the Property or other meteriel imp�irment of
<br /> Lender'a inCerest in the Property or righks under this Security Tnstrtunent. The proceeds of viy award or
<br /> claim Por damages thnC are attributabla to the impainnent of Lender's interest ni the t'roperty are horcby
<br /> assigned and shall Ue paid to L,encler.
<br /> All Miscellnneous Proceeds thpt ua noti appliad to re9toration or repair of the Prope�ty s1�a11 bo applied in Chc
<br /> order provided for in Section 2.
<br /> --—--------- --—----- —
<br /> G4003144
<br /> NEBRASKA-SingleFemlly-Fannie MeelFretldle Mao UNIFORM INSTRUM ENT f-orm 30281lO1
<br /> VM P(7 VM P6�N�)(1106)
<br /> Wol�ers Kluwcr Fin2nulal Servir.es Nene 1�0117
<br />
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