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201211193 satisfaction, provided that such inspection shall be undertaken prompfly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an a�eement iS made in writing or Applicable Law aeqnires inferAst to be paid on sueh Miscellaaeous Procceds, Lender shall not be required to pay Borrower any interest or eanungs on such Miscell�eous Proceeds. If the xestcaratiou or repair is not economically feasible or Lecder's security would be lessened, the Miscellaneous Proceeds shall be applied to the sutns secured by this Securiry Instrument, whethec ox not flien due, with the�cess, if any, paid to Borrower. SuCh Miscellaneous P�oceeds shall be applied in the order pxovided for in Section 2. In the evenc of a total taking, destruction, or lass in value of the Property, the Miscellaneous Proceeds shall be applied fo the sums sectued by this Security Insk2unent, whether ar not then due, v✓ith the excess, if any, paid to Borrowec. In the evettt of a partial iaking, destruction, or loss in value of the Properry in which the fair ma.rket value of the Property immediately bePorc the partial taking, desiruction, or loss in value is equal to or greater than[he amount of the suu�s secured by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless Boaower and Lender otherwise agree in Rriting, the sums secured by this Security Instntment shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the follo��ing fraction: (a)the total amount of The sums secured immediately before the partial taking desKruction, or loss in value divided by(b)the fair market value of the Proper[y immediately before flie partial taldng, destrucrion, or loss in value. Any balance sl�all.be paid to Borrower. In the event of a partial t��king, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the yartial taking, destruction, or loas In value is less than tl�e amount of the sums secured immediately before the paztial taking, destruction, or Ioss in value, unless Bonowcr and Lender otherwise agree in writing, the Misceltaneous Proceeds shall be applied to the smns secured by this Security Instrument whether or not the swns are then due. If the Fropetty is abandoned by Bonower, or il; aftcr notice by Lender to Borrower that the Opposing Pariy (as de5ned in the ne�sentence)offers to inake an awaz-d to settle a claim for damages, $orrower fails to xe3pond to L�da witl�ui 30 days aSter the date Lhe natice is given, Lender ia anfliorized to colleet�d apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Securit7 Iustrument, whether or not then due. "Opposing Pazty" means Yhe third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regazd to Miscellaaeous Proceeds. Borrowcr shall be in default if any action or proceeding, u.fiether civil or criminal, is begun that, in Lender's jud�nent, covld result in forfeituxc of thc Property or other material unpau-iuent of Lei:der's nitctest iu the PtoperYy or iigl�fs under this Security lnstrinnent. Bort�ower can c*se such a default and, if acceleration has occLu-red�, reinstate as pro�rided in Section 19, by causing tha action or proceeding to 6e dismissed with a ruling ihat, in Lender's�udgmem, precludes forfeiture of the Properiy or other material isnpairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim fox damages thaY are amihutable to the impairment of Lender's interest in tlze Property are hereby assigned and shall be paid to Lender. :lll Miscellaneous Proceeds that aze not applied Yo restaration or repair of the Property shall Ue applied in the order providod for in Section.2. NE3RhSKA-SinaleFamil -rannisMaslFrefidieblacUWFORM INSTRUMBJT Z4��Z2� Y� . Form 3029 1lat �A�P�`"� VMPv(NE (1105) lMolters Kluwer Fnznclal Services Pzge�0 of 1]