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201401752
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Last modified
7/20/2017 10:42:39 AM
Creation date
3/31/2014 10:14:38 AM
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DEEDS
Inst Number
201401752
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��14�175� <br /> satisfaction, pravided that such inspection shall�e und�r�a�en prompt�y. Lender may pay far�he r�pa�rs <br /> and restora��on in a single dis�ursemen�ar in a series of pragress payments as the wark is comp�et�de <br /> Unless an agreement is made in writing or Applrcable La�v requires interest to be paid an such <br /> M�scellane�us Prace�ds, Lender sha��no�be required to pay Borrow�r any interest or earnings �n such <br /> Mzs�e�Iane�us Proceeds. �f th�restoration or repair zs not �c�nomically feasible or Lender's security would <br /> be less�ned, the M�sc�llane�us Proc�eds sha�l be app�i�d to�he sums seGured by this Security�nstrur�.ent, <br /> wheth�r or not then due, with�he��cess, �f any, paid�o Borrowera Such Mrscellaneous Pro�e�ds sha11 be <br /> applied in the ord�r pro�zded for in Section�. <br /> In the ever�t of a tatal tal�ing, destructi�n, nr�ass in value of the Prop�rt�, th�Miscel�ar��ous Proceeds shal� <br /> be a�p�x�d�o th�sums secur�d by thzs S�curity Instrument, �vhe�her or not then due, vv�th�he e�cess� if any, <br /> pa�d to Borrower. <br /> rn the ev�nt of a partial�ak�ng, destructz�n, or�oss in value of the Prapert�in which the fair marke�va�ue of <br /> the Property immed�ate�y befor�the par�ial taking, destruc�z�n, ar Ioss in value is equa�to or grea�er than the <br /> , <br /> amount of the sums secured by th�s Security In�trum�n��mm�diately before the partial takrng, destru��ion, or <br /> �oss in value, unless Borrawer and Ler�der otherwis�agree in writing, the sums secured by this Secur�ty <br /> �nstrumen�sha�l b�redu�ed by th�am.ount of th�Misc�Ilaneous Proceeds multiplied by�he fo��ow�ng <br /> frac�zon; �a} th� total amount of the surns secured�mmedia�e�y��fore�h�partial takrngg d�struction, ar lass <br /> in valu�divided by �b} the fair market value of the Praperty�mmediat�ly before the partial�al�ing, <br /> destruction, ar loss�n va�ue. Any balance shall be pa�d to Borrower, <br /> In the�vent of a partial taking, destruction, ar Ioss in�alue of the Property in which the fair mark���a1ue of <br /> the Pr�pert�immediately before the part�al taking, destructian, or�oss in value is Iess than the am�unt af th� <br /> sums secured immediately before th�partial takingy C��S�I�C�1.��1� flr loss rn valu�, un�ess Borrower arid <br /> Lender otherwise agree in writing, th�Mrsc��laneous Proceeds sha�l be applied to the sums s�cured hy this <br /> Security Ins�rument whe�h�r or no�the sums are�hen du�. <br /> If the Propert��s abandoned�y Borrower, �r�fy after n�tice by Lender�o Borrower�hat the�pposing Party <br /> �as defined in the next �entence}offers to make an a�vard to settle a claim for damag�s, Borrower faz�s to <br /> respand to L�nder wrthin 3�days aft�r the date th�notice is gzven, L�nd�r is authorized to col�ect and appxy <br /> the Misce�Ianeous Praceeds e��her to res�ora�ron or re�air�f�he Pr�perty or to the sums secur�d�y this <br /> Secur�t�Instrum�nt, whe�her or not then duea "�ppos�ng Party" means the third par�y that ou�es Barrou��r <br /> Miscellaneaus Proceeds or�he party against wham Borrow�r has a right of ac��on ir�r�gard to Miscel�aneaus <br /> Proc��ds. <br /> Borrovver shal�be�n defau�t if any act��n or pro�eeding, wh�ther c��z�or criminal, is�egun �hat, in L.�nd�r's <br /> judgment, could resuit in forfeitur�of the Prop�r�y or other ma�er�al impairment of Lender's znterest in the <br /> Property ar rights under this Security Instrum�nt, Borrower can cur�such a defau�t and, if acceleration has <br /> accurred, reinstate as pr�v�ded zn S�ction I9, by�ausing the action�r proceeding�o be dismiss�d with a <br /> ruling that, in Lender's judgment, preclud�s forfe�ture of�h�Property ar ather ma�erial impairment af <br /> Lender's intere�t in the Pr�perty or rights under this Security Instrument. The proceeds of an� award or <br /> claim for damages that are attributable�o�h��mpairment of L�nd�r's xn�eres�in the Pr�pert�are hereby <br /> assigned and shall be paid to Lex�der. <br /> Al� Misc�Ilaneflus Proceeds tha�ar�not applred to r�storat�on�r repair of the Proper�y sha11�e appl��d in th� <br /> ord�r provided for in 5ectzon�. <br /> NEBRASKA-5ingle Family-Fanr�i�Ma�IFreddie Mac UNIF�RM INSTRIJMENT Form 3028 11D1 <br /> VM€'Q VMPB�NE7{13��f <br /> Wofters Kluwer Financ�al Ser�ices Page 7❑af 17 <br />
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