��14��777
<br /> sa�isfa�tion, prov�ded that such inspe�t�on�hal�be undertak�n promptly. L�nder may pay far�he repa�rs
<br /> ax��i rest�rat�on xn a singie d�sbursement�r�n a ser��s af pr�gr�ss paymen�s as th�work is campl��ed.
<br /> Un��ss an agr�ement is mad�in writ�ng�r Appl��ab�e Law requires in�erest�o be paid on su�h
<br /> N�z�c��laneaus Proceeds, Lender sha�l not b�requ�red ta pay B�rrawer any interest or�arnings�n such
<br /> Misc��laneous Praceeds. �f the res�arati�n or r�pazr�s n�t ec�namically fea��bl�or Lender's securx�y w�uld
<br /> be lessened, the Miscellaneaus Prace�ds sha��b�app�ied to tht sums���ured by this Security Instrum�nt,
<br /> wheth�r�r no�then due, wi�h the excess, �f any, paid ta B�rrow�r, Such M�s�el�a.r�eous ProC�eds sha��be
<br /> applied ir��he order provided far�n Sec��on�.
<br /> �n�he e��nt of a�ota��akzng, d�structian, or�oss �n va�ue�f the Pr�per�y, �he Miscellan.eous Proceeds shal�
<br /> be appl�ed t�the sums secur�d by this Secur�ty �ns�rumen�, whether�r no�then du�, wzth the excess, �f any,
<br /> pa�d�o Borrower.
<br /> �n the�v�n�of a par�ia� tak�ng, des�ruct��n, or�ass in va�u�af the Pr�p�r�y�n which the fair market value af
<br /> the Pr�per�y�mmediat��y before the par�ia� taking, destruc�ion, ar�oss in value is equa� ta or greater than th�
<br /> amaunt�f the sums secured by thzs Securi�y�nstrumen�immediately before�he par�ial taking, des�ruction, or
<br /> Ioss in value, un�ess B�rro�er and Lender otherwise agree�n wri�ing, �he sums �ecUred�y�his Secur��y
<br /> Instrument sha��b�reduced by�he am�un�of�he N��sce�laneaus Proce�ds mu�tiplied by�he following
<br /> fraction: �a} the tota� amount�f the sums secured immedia�ely before the par�ia��aking, des�ruct�on, ar�nss
<br /> in�alu�divided hy ��} th�fair rnarket va�ue of�he Property immedia�e�y before th�par�ial�aking,
<br /> destruc�ian, or lass �n va�ue. Any balance sha��be pa�d to B�rrow�r.
<br /> �n th�e�en��f a par�ia�tak�ng, destruction, or Io�s in va�u�of th�Pr�p�r�y �n whic�th�fa�r marl�et value of
<br /> �he Proper�y immedia�ely before�he partia�taking, des�ruct�an, ar�ass in value is less�han the amount�f the
<br /> sums secured�mm��iiately before the partial�aking, destruction, or lass in va�ue, unless B�rrawer and
<br /> L�nder otherwise agr��in writing, the M�sceilane�us Pr�ceeds sha11 be appli�d to�h�sums secured by th�s
<br /> S�Curi�y�ns�rument whe�her�r not�he sums are then du�.
<br /> �f the Pro��r�y �s abandoned by Borrower, or if, after not��e by Lender to Barrower that the�pposing Par�y
<br /> �as de�ned�n�he next s�n�enc�}�ffers�o make an av�ard�o se�t�e a c�aim for damages, Barrawer fails�o
<br /> respond to Lender within 30 days af�er�he date the notice is g�ven, Lender is au�horized�o c����ct and app�y
<br /> the Mi�cellaneous Pr�ce�d��i�her to res��ra��on or repa�r of the Proper�y or�o the sums seCured�y th�s
<br /> 5ecur�ty Instrument, whe�her�r no��hen due. "C�pposzng Pa.rty" means �he thxrd par�y that owes B�rro�er
<br /> M�sce��aneous Proceeds or the par�y agai�st wh�m Borrower has a ri�ht of act�on�n regard to Mis�e�ianeous
<br /> Pro��eds.
<br /> B�rrou�er sha��be in d�faul�if ar��act�on�r proceed�ng, whether ci�il or crimina�, is begun that, in Lender's
<br /> judgmen�, cauld resul��n fnrf��tur�of�he Proper��or other materia� �mpazrment�f Lender's interest zn�he
<br /> Prop�r�y�r righ�s under this Secur�ty Instrumen�. Borrawer can cure such a defau�t and, �f ac�e�eration has
<br /> �ccurr��., re�nstat�as pro�i�.�d in Sect�on �9, by�au�ing the ac�ion or proceeding�a be d�smiss�d vvith a
<br /> ruling that, �n Lender's�udgment, pre��udes f�rfeitur��f the Pr�pe�.y or oth�r rnateria� impairment nf
<br /> Lender's interes�in the Property or rights under this�ecuri�y Instrument. The proc�eds of any av�ard or
<br /> claim f�r dama�es�hat are a�tribu�able to the�mpairm�nt of Lender`s in��rest in the Proper�y are hereby
<br /> ass�gned and sha��be paid to Lender.
<br /> Ali Misce��aneous Proceed�that are not app�ied t�restoration or repair af the Proper�y shali be appi�ed�n the
<br /> order provided fflr in Sect�on 2.
<br /> N�BRASKA-Sinr�le Family-�annie MaelFreddie Mac UNI��RM INSTRLIMENT �orm 3D2$�101
<br /> VMP Q VMPfi�NEy��3�2y
<br /> Wvlters Kluwer Financia!Ser�ices Page 1 Q�#�7
<br />
|