��14��344
<br /> sati�faction, pro�ided�hat such insp��tion�ha��be undertaken pr�mp��y. Lender may pay for�he repairs
<br /> and restaration in a single disbursement ar in a series�f progress payments as the work�s c�mp�eted.
<br /> Unless an agreement is mad�in wri�ing or Applicable Law requires interest�o be pa�d on such
<br /> Misce��aneou� Proceeds, L�nd�r sha�� not b�required�o pay Borrflw�r any �n�erest or earn�ngs an such
<br /> Miscellaneous Pr�ceeds. �f th�restora�i�n�r r�pair is no�econom�ca��y feas�b��or Lender's s�curity would
<br /> b�lessened, �he Miscel�aneous Pr�ceeds sha11 be app��ed�o�he sums secur�d by �his Security In�trument,
<br /> whether or not then due, w�th the e�cess, if any, pa�d to Barra�ver. Such Mis��llarieaus Proce��s shal� be
<br /> appZ�ed�n�he order prav�ded far�n Sect�on�.
<br /> �n�he e�en�of a total taking, destruction, ar loss �n value af the Proper��, the M�sc���aneous Proc���s sha�l
<br /> be appli�d�o the sums secured by th�s Se�uri�y �nstrument, �h��her�r nat�hen du�, with the exces�, if any,
<br /> paid t� Borrawer.
<br /> �n the e�en�af a partial taking, destruct�on, ar�ass in�alue of th� Proper�y in whzch the fa�r market�alue of
<br /> the Praper�y immedia�ely before�he partial taking, destru�t�on, Qr�oss �n wa�ue�s equal to or greater than�he
<br /> amount of the sums seGured�� this Security �nstrument immed�ate��befor�the partial taking, des�ruct�on, or
<br /> ��ss in va�ue, un�ess Borrawer and L�nder otherw�se agree in writing, the sums secured by �his Security
<br /> �nstrumen�sha��be reduced by the amount of th� Misc���aneous Proceeds mu���p��ed by�he f���ow�ng
<br /> fractian: €a}th�tata� amount�f the sums secure� immedza���y bef�re�he par�ia� �aking, destruc�ion, or Ioss
<br /> in�alue divided by�b} the fa�r market�a�ue of the Proper�y immediate�y before�he par�ial tak�ng,
<br /> destruc�ion, �r Ioss in Wa�ue. Any ba�an�e sha�� be paid to B�rrawer.
<br /> In the event of a par��a��ak�ng, destruct��n, or loss in�alu�af�he Pr�per�� �n whiGh �he fa�r mar�et�alue of
<br /> the Pr�per�y �zx�med�ate�y before the par�ia� �aking, d�struc�i�n, or��ss �n va�ue�s less�han t�.e amoun�of�he
<br /> sums s�cured immedia�ely befor�th�par�ial �aking, d�structifln, or�ass in value, unl�ss Borrovver and
<br /> Lender o�herwis�agre�in wr��xng, the M��c�l�anenus Pra�eeds shail be app�ied�o the sum� secured by this
<br /> Se�urity �ns�rument whether�r not the�unr�s ar�then due.
<br /> �f�he Proper�y �s aband�ned�y Borrower, or if, after no�ice b�r L�nder t� B�rr��ver that the�ppaSing Party
<br /> tas def�ned in the next sent�nc�} offers to mak�an award ta sett�e a c�a�m for damages, Borrawer fails ta
<br /> r�spond t� Lender v�i�hin 34 days after the dat��h�not�c� i�g��ren, L�nder is autharized ta c�llect and app�y
<br /> th� Miscellaneaus Proceeds��ther to res�oratian or repair af�he Proper�y ar to the sums secured by this
<br /> S��urity Instrunzen�, whe�her or n���hen due. "�ppflsing Par��" means�he third par�y tha�owes B�rrovwer
<br /> M�sce��aneous Pro�eeds or th�part� aga�nst whorn Borrower has a righ�af aCti�n in regard to N��sce�ian��us
<br /> Pr�c��ds.
<br /> Borro�er shall be in defau��if any aCt��n or proceed�ng, whether civil �r criminal, is begun�hat, in Lender's
<br /> �judgmen�, could result in forfe�ture of the Praperty or o�her rx�a�erial impairment of Lend�r's int�rest�n�h�
<br /> Prop�r�y or r�ght�und�r�h�s S�cur�ty �n�tru�nen�. Barrower can cure such a default and, if acc��era���n has
<br /> occurr�d, re�n�tate as pr��ided �n�e��ian �9, by causing�he a�:tion ar praceeding to be d�sm.zssed v��th a
<br /> ru�ing that, in Lender's�udgmen�, precludes forfe��ure of�he Proper��or nther mater�a� impa�rment�f
<br /> Lender's interest in the Proper�y or righ�s und�r this Security �nstrumen�. Th�praceeds of any awar�or
<br /> c�aim for�amages�hat are at�ribu�a��e to the�mpairment�f Lender's in�erest�n the Proper�y are hereby
<br /> assigned and sha��be paid to Lender.
<br /> A�� M��cellaneous Pr�ceeds that are no�applied to restorati�n ar repair af the Property sha��be applied in�he
<br /> order provided for in Section�.
<br /> NEBRASKA-Single Fami[y-Fanni�Mael�r�ddie Mac UNlFORM INSTRUMENT �arm 3028 110�
<br /> VMP Q VMP6f N�I 4130�)
<br /> Wolters Kluwer�inanciat 5�r►�ices Page 1�af 17
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