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��14�1354
<br /> satisfa�ti�n, pra�ided that such inspeCt�an shal�be und�rtaken prompt�y. Lender may pay for the repairs
<br /> and restoration in a single disburs�ment�r in a series of pragress payments as the work is campleted.
<br /> Unless an agreement is made in writing or Appticable Law requires interest to be paid an such
<br /> Miscellaneous Proceeds, Lender sha11 nat be required to pay Barrawer an�interest or�arnings an such
<br /> Mis�el�aneaus Proceeds. if the restora�ion or repair is not e�onomica�ly feasible or Lender's security woul�i
<br /> be lessened, the Miscellaneous Proceeds sha1l be applied to the sums secured by this Security Instrument,
<br /> whether ar nat then due, vv�th th���cess, if any, paid t� Borrower. Such Miscellaneous Proceeds sha11 be
<br /> applied in the order pr��ided for in Sectian 2.
<br /> In th�e�ent o�a t�tal taking, destructi�n, or loss in value of the Prop�r�y, the M�scellaneaus Proce�ds shall
<br /> be applied to�h�sums secured by this Security Instrument, whether�r n�t th�n due, wi�h the�x�ess, if any,
<br /> paid�o Borrow�r.
<br /> In the e�ent of a partial taking, destruct��n, or loss in�alue of the Property in whi�h the fair mark��value�f
<br /> the Property immedia�ely before the partial�aking, destru�tivn, or lass�n�a1ue is equa�to nr greater than�he
<br /> amount of the sums s�cured by this Security Instrument immediatel�befare the partial taking, destruC��on, or
<br /> loss in�alue, unless Borrower and Lender otherwise agree in wri�ing, the sums secured by this Security
<br /> Instrument sha11 be reduCed by�he amount of the M�scellaneous Praceeds multiplied by the fvilowing
<br /> fraction: �a}the tatal amount of�he sums secured imm�diat��y before the partial taking, destruction, or lass
<br /> in�alue di��ded by (b} the fair market�a�ue af the Property immediat�ly before the partial taking,
<br /> destructivn, or�oss in�a1ue. Any balance shall be paid t� Borrov�er.
<br /> �n the e�ent of a partial taking, destruction, or 1�ss in�alue of the Property in vvh�ch th�fair market�alue af
<br /> the Praperty immediately before the partial tal�ng, destructian, or loss in�alue is l�ss than the am�unt of�he
<br /> sums secured immediately before the pa.rtia� taking, destruc�ian, or�oss in�a1ue, unless Borrnwer and
<br /> L�nder othervvise agree in wri�ing, the Misc��laneous Pr�ceeds shall be applied to the sums secured by this
<br /> S�curity Instrum�nt whether�r no�the sums are then due.
<br /> If the Proper�y is abandoned by Borrower, or if, af�er notice by Lender to Borrawer�hat the�pposing Par�y
<br /> �as defined in the next sentence}offers�o mak�an award�o settle a claim f�r damages, B�rrower fails to
<br /> respand tv Lender within 30 days after the date the notice is gi�en, Lender is authorized to collec�and apply
<br /> the Misc�l�aneous Proceeds either tn restoration or r�pair�f the Property or to the sums secured by this
<br /> Security Instrument, whether or not then due. "C�ppasing Party" means th�third party that a�ves Borrower
<br /> M�scellaneous Praceeds or the part�against wham Barrower has a right of actian in r�gard to Miscellaneous
<br /> Pr�ce�ds.
<br /> Barrower sha11 be in d�fault�f any action or praceec�ing, whether ci�i� ar crimina.l, is b�gun that, in Lender's
<br /> judgment, cau�d resu�t in forfeiture of the Praper�y or other material impairment of Lender's interest in the
<br /> Prap�rty or rights under this Security Instrument. B�rra�ver can cure such a default and, if accelerat�an ha.s
<br /> occurred, r��ns�ate as pro�ided�n Sec�ion 19, by causing the action or pf�ceeding to be dismissed with a
<br /> ruling that, in Lend�r's judgment, precludes forfeit�re of the Property or other material impairmen�af
<br /> ,
<br /> Lender's interest in the Propert��r rights under this Security Instrument. The pro�eeds of any award or
<br /> claim for damages�hat are attributable to the impairment�f Lender's interest in the Praperty are hereby
<br /> assigned and shall be paid ta Lender.
<br /> All Miscellaneous Proc��ds that are not app�ied to restaration or r�pair of the Property sha�l b�app�ied in the
<br /> arder pro�ided for in Secti�n 2.
<br /> NEBRASKA-5ingle Family-Fann�e MaelFreddie Mac llNIF�RM INSTRLIMENT Form 3�28 11d1
<br /> VMP� VMPfi{NE�R1302y.OQ
<br /> Wvlters Kluwer Fir�ancial 5er�i�es Page 1�of 17
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