Laserfiche WebLink
��14���71 <br /> satisfact�on,pro�id�d that such�nspection shall be und�rtaken pramptly.Lender may pay for the repairs <br /> and restorati�n in a s�ngle disbursement ar in a series of progress payment�as the wark is campleted. <br /> tlnless an agreement is made in wr�ting or Applicab�e Law requires interest t�be paid on such <br /> Miscellaneous Proceeds,Lender shall not be required to pay Borrower any interest or earn�ngs on such <br /> Miscel�aneous Praceeds. If the restoration or re�air is not economically feas�ble or Lender's security <br /> would be lessened,the Miscellaneous Proceeds shal�be applied t�the sums secured by this Security <br /> Instrument,whether or not then due,with the excess, if any,paid to Borr�wer. Such Miscellaneous <br /> Procee�is shall be applied�n the order pro�ided for in Secti�n�. <br /> In the even�of a total taking, destruct�on, or loss in�alue af the PraperCy,the Miscellaneaus Proceeds <br /> shall be applied to the sums secured by this Security Instrument,whether ar not then due,with the excess, <br /> i f any, paid to B orrawer. <br /> �n the e�ent of a par�ia�taking,destruction,or loss in�alue of the Property�n which the fair market�alue <br /> of the Property immediate�y befare the partia�ta.king,destructian, or loss in�alue is equal to or greater <br /> �han the amount af the sums secured by this Secur�ty Instrument immediately before the partial taking, <br /> destruction,�r loss in�alue, unless Borrower and Lender otherwise agree in writing,the sums secured <br /> by this Secur�ty Instrument shall be reduced by the am�unt of the Miscellaneous Proceeds multiplied by <br /> th�following fraction: (a�the t�tal amount of the sums secured immediately before the partial taking, <br /> destruction, or l�ss in value di�ided by�b�the fair marke��a1ue�f the Property immediately before the <br /> part�ai taking, destruction, or loss in�alue.Any balance shall be paid to Barrower. <br /> In the�vent of a partial taking,destruction,or loss in va�ue of the Property in which the fair market�alue <br /> of the Praperty immediately b�fore the par�ial taking,destruction,ar loss in�alue�s less than the amount <br /> of�he sums secured immediately before the partial taking,destruction,�r loss in value,unless Borrower <br /> and Lender otherwise agree in writing,the Mis�ellane�us Proceeds shall be app�ied to the sums secured <br /> by this Security Instrumen�vvhether or not the sums are then due. <br /> If the Prop�rty is abandaned by Barrawer,or if,after notice by Lender ta Borrower that th��pposing <br /> Party(as defined in the next sentence}off�rs to make an aWard to settle a��a�m for damages,Borr�wer <br /> fai�s to respond to Lender within 30 days after the date the notrce is g��en,Lender is au�harized ta collect <br /> and apply the Miscellaneous Proceeds either to restorati�n ar r�pair of the Property or to the sums secured <br /> by this Security Instrument,whether or not then due. "�pp�sing Party" means the third party that owes <br /> Borrower Miscelianeous Proceeds or the party against whom Borrovver has a right of action in regard to <br /> Miscellaneous Pro�eeds. <br /> Borrawer shall be in default if any act�an or proceeding,whether ci�il or crimina�, is begun that, in <br /> Lender's judgment, cauld resu�t in farfeiture of the Pr�p�rty or other material impairmen�af Lender's <br /> interest in the Property or rights under this Security Instrument.B�rr�v�er can cure such a default and, <br /> if accelera�ion has occurred,reinstate as pro�ided ir� Sec�ion 19, by causing the action or proceed�ng�a <br /> be dismissed with a rul�ng that,in Lender's judgment,precludes farfeiture of the Property�r other mater�al <br /> impairment of Lender's interest in the Pr�perty or rights under this Security Instrument.The praceeds of <br /> any award or claim for darnages that are attributable to the impa�rment of Lend�r's inter�st in the Proper�y <br /> are hereby assigned and shall be pard to Lender. <br /> 1195697916 <br /> NEBRASKA-Singke Family-Fanni�MaelFreddie Mac UNIF�RM INSTRUMENT Fvrm 3�28 11�1 <br /> VMPC�7 03113 <br /> Wolters Kluwer Financial Servi�es 2�14�4184.1.1.2529-J201308�8Y lnitia�s: Page�Q vf 17 <br /> *HLD�195fi979161�23* <br />� <br />� <br />