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��14���95
<br /> sat�sfaction, pi ovided.���:�suc��ii�s�ectio��sllal�be ux�dert�.lfen pt om��ly, Leride�i tnay pay fo���he re�aY1•s
<br /> ai1c�res�arai.ia�1 xn a si.tlgle disburseme�l�a�-in.a series �f progt�ess paymei�ts as�he worl�is coll�pleted,
<br /> UY7��5S�.11 c��1'��t11�17�15��7�.C��lri�1Vt�iting or Applicable L�.vv req�.�i�es ir��eresf:to be p�.ic�.on such
<br /> Misce�laneaus Pra�eec�s, Lerider sha11 not�e�ec�uit e�to pay L'ot�rower any itltet�es�ar eartlings on suc�i
<br /> Mxs�el�a��eot�s P��acee�.s. rf�he��es��ratian or rep�.i�{�s ��o�ecoriotlucally feas�.ble or Le�1�.et,'s secut�ity vva�.��c�
<br /> be lesseiled, �11e Misce�la�neous Pi�oc�eds s�la�1 be appli�d to tih�s�.xms sec�red vy�his Se�u����y I�strun�eil�,
<br /> v�liethei�or not t�lef�.due, v�ith���e excess, zf any, p�.fd to Bo��rowex. Such Miscellaneous Proceeds s1�a11 Ue
<br /> applied in t��e o�•�.er p�•o�rided fo��in Sec�io�12.
<br /> I��the e�en�of a�o�al tal�ir�g, c�es�rL�ction, or��ss i��valu�of t1�e Propel�y, i.17e Miscella�eo�:�s Proce�c�s shall
<br /> � be a�p1��c�.�o�l�e s�.��a�s secL�red�y t��is Secur��y Ins�rur�le�lt, �v��et��er or�ot���en due, �i���h�excess, if a�ly,
<br /> pai�.i�o B��-r�w�re
<br /> In the e��n�of a par�i�1 t�.��ing, destr�.�ctio�a, or�oss in value of����Propet�y in vvl�ic�i th�fai�•�n��ilcet value of
<br /> ��le P�opex tiy i�n��nediately�efare t�ae pat��i�.�tal�ing,. des�r►.�ctian, or Ioss i1�.�alue is ec�ual�;o or�rea����ha�1��le
<br /> a��ou��of�he st��.as secz�rea��y��a�s Security Instr�.t�nen�ir�ata.�ec�i�.te�y�befo��e the par�ial�al�ing, destruc�.ian, �t�
<br /> . lnss�n val�:�e, �.���less I3or�•o�v�r a1�c�Lende�-otlze�wise agree�n v�t�iting, ���e sun�.s secL�rec�by t�1is Sec��ity -
<br /> �t�s��•L�meia�s�aall l�e,��ed��ced�by���e an�oL�nf:o�C the Misce�lanea�.�s Pi oceeds�rn�I�iplied la�the tollovvitlg
<br /> f'rac�ian: (�} t11e�o��.l�.r�lount aF t11e sura�s sect��•ed imn�edia�ely�efot�e t11e partial tal���g, c�estruc�iot�, or loss
<br /> i��valu.e di�ic�ed�y��a�the fait•nlarl�e�v�.l�.�e of�:he Pi��pe���y im�nec�ia�e�y�efore the pa��tia�t�.��i��g,
<br /> �.es��•uct�on, ��•ias5 ir�v�.1ue. A�y b�.l�nce s�a1�be pai�.to Lo�•rowet{,
<br /> Iti�:he e�ent o�a pa��ia1 t�1{i��g, destruc�ior�, or loss in va�ue of t;11e Pt ope�•ty i�a vvhicl�t11e fai��n�ar�ce�value ol
<br /> �11e Pro-�ef�y imnlediately befo�e�he����tial i.a�{�ng, des��uc�ion, a�•loss i�1�al�,xe�s less t1�a�1�h�a�nou�.t n�f�h�
<br /> sums s�cured im�nedia�e�y l�efo�•e��Ze par�ia��a���t�g, destt'L�Cti10I1� a�•l�ss i�1 vatue, 1T11�e55 BO�•ro�e�•�nd
<br /> Le�ader otherwi�e agree i��wri�i��g, t�e Miscellaneous Proc�eds s1��.11 be app�ie�to�11e sun�s s�ct�t•ed�y�11is
<br /> Securi�y It�strument�vhet��et•ar not�he st���ns�.re tl1e�c�u�,
<br /> If t1�e Proper�y is a�a�ldo�ae�.i�y Borro�e��, �r if, �.fte�•r�a�ice by Len�.er to I3orrov�et•tha��11e��posing P�rty
<br /> �as def�ried in xh��ex�s�tl�etice}nffex�s to t11�.T��an a�a-�d ta se��Ie a cl�:in1 fot'C��.In���S, BO�'11awet•fai�s ti�
<br /> respo�nd#;o Le�.c�et�v�thin 30 c�ays aF�e��the da�e 1;t��no�ice is give�a, Le��der is ai��llori2ed to co�lec�and app�y
<br /> the Miscel��.neo�.�s P�•oceeds ei���ei��o res�o�a�io�1 or repai�of t��e Pt�operty or�o the si�ms secu.�ed by this
<br /> Secut�ii:y I��s�i•umen�, w�ie���e��o���ot t��exa�due. "Dpposii�g P�.rty" me�.t7s�:1�e thirc��arty 1:ha�o�ves�ot f�ov�rer
<br /> 1Vliscella��eoL�s�'rnceeds a��i:he party ag�itls�who��I3ori awe�h�.s a��tght of�.ctzon��,regard�0 1V��scellaneous
<br /> P��oc�eds.
<br /> Borrovver s�a1��e in de���:x1t�f any action o���roceec�ing, �h�ther civi�or crrtrun�.�, is be�4�n tha�, �n Le1ad��•'s
<br /> �udg�len�, cot�l�.�•es�.Zt i�a.fo�•f�ii;ure of��1e Property o�at��er���aterfal impai�•ment af Lender's iriterest in the
<br /> P��o�ae��ty o�'�'�g�1�S 1117C��1��1iis Sectxr��y�ns���L��ne�t, Bot•��ower c�.t���.X�•e sL�c��a d�f�.�.�1�,anc�, ir accelei atian has
<br /> occu��•ed, �•einstate a�pro�i�ec�i�Sec�ian �.9, by c�.t�sin�tl�e acl:i�n or�a�'aC�eC.�Ing�O��C�15ri715SeC�WI��"l c�
<br /> ��.�li�ag�ha�, in Le��de��'s�L�dg�1�e��t, pi ecludes For•feit�.��•e of.i:he Pi�aper�y or o�he�•�natiei•ia1 imp��rme�.t of
<br /> Lender's ir��ei�es�ita�1�e Prape��ty o��rigllts under�1��s Sec�z�it�I�stt•um�fl�. T1�e proceeds o�an�avv�.rd or
<br /> c�aim far damages���a�are at����butable�o�he i�nl�ait'�netlt of Lendet•'s����e��es�itl��le�'�oper�y are�ere�y
<br /> assrg�ed�.�-�ci s��al�be paxc��o Lenc�e�,
<br /> A111VI�scellat�eaus P��ocee�s t���.��t•e r�o�app�i�d.to��es�or�l;io��o�repair oF i.he Property sl�al�ve ap�li�c�itl�tle
<br /> . . .
<br /> or ei��•ov� e f��r�1 Sectzo�.Z,
<br /> 24Q�6007
<br /> NEBRASKA-5ingle�am ily-��nnie M aelF'reddie M ac LINIFnRM INSTRUM ENT Farm 3�28�1�1
<br /> VIVI P Qre VM PE�NE}{1302}
<br /> Vllolters Kluw er Finar�cial Services P�ge�f�of�7'
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