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201403443
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Last modified
7/20/2017 11:24:06 AM
Creation date
6/11/2014 8:59:05 AM
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DEEDS
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201403443
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��14�3443 <br /> sat�sfactzon, prav�ded that such inspection sha��be un�er�aken promptly. L�nder may pay far the repairs <br /> an� restorat�on in a sing�e disbursemen�or in a ser�es of progress pay�r�.ents as the tivark is c�mpleted. <br /> Unless an agr��rnen� is made in writing or App��ca�i�Law r�quires interes���be paid an such <br /> Mis�ellaneaus Froceeds, Lender shall not be requir��.t�pay Borr�wer any znterest or earnings�n such <br /> Mis��llaneous Proceeds. �f the restaratian or repa�r �s not e�nnamicali� feas�b�e or Lender's security w�uld <br /> b��essened, the M�scelXaneaus Proc�eds shall be app�ied t� the sums s�cur�d b��hxs Secur�ty �nstrument, <br /> �heth�r or nat then due, wxth the excess, if any, paid to Borrovver. Such M�sce�ian�ous Pr�c�eds shaii be <br /> applied in the�rder pro�ided for �n Section 2. <br /> In�he ev�n�of a to�a� taking� ��S�I`i.].C�idl�y or lass zn�a�ue�f�he Prop�rty, the Miscellanenus Proceeds shall <br /> be app�ied�o th��ums se�ured b� this Security �nstrumen�, whether ar nat then du�, w�th the excess, zf any, <br /> pa�d�a Borrawer. <br /> In the��en�of a par�ia� �ak�ng, destruction, or�nss in va�ue of th� Praperty zn wh�ch the fair market�a�ue of <br /> th�Pr�p�r�y immed�a�e�y befQre�he partial ta�ing, destru���an, �r�ass in value is equa� to or greater than�he <br /> amaunt af�h�sums s�cured b�r�h�s Security Instrumen� immediat��y before the par�iai takin�, destruc���n, or <br /> loss �n va�ue, un�ess Borrawer and L�nder ath�rwise agree in wri�ing, the sums s�cured by thzs Securi�� <br /> �nstrument shal�be reduced by th�amaunt�f the Miscellaneous Pr�ceeds mu�tip�ied by�he fa���v�ing <br /> frac�ion; �a} �he total arnaun��f the�ums se�ured immed�ately hefore the par�ial tak�ng, destruc�ion, ar�ass <br /> in�a1ue d�vided by �b}the fair rnarke��alu�af the Property inlm.ed�ately befar�the par�ial �aking, <br /> des�ruc��on, o�loss in�alue. Any ba�ance sha��be paid to Barrow�r. <br /> In�he even�.af a par��a� �ak�ng, destructi�n, or�oss �n va�ue of the Proper�y in which�h�fair n�ar�et�alue of <br /> �he Prop�r�� immediate�y bef�r��he partia� �aking, d�struc�xon, or�nss in value is �ess than the a�maunt of�he <br /> sums secured immedia�e�y before the par��a� �aking, d�struct�on, �r�ass �n value, unless Barrawer and <br /> Lender fltherwzse agree in writing, the Misce��aneau� Praceeds shall be app��ed�o �he sums s�cured by this <br /> 5�curity Instruxnent whe�her ar n��the sums are then due. <br /> If�he Prop�rty is abandoned by Borrawer, ar�f, after not�ce�y Lender t�Barrou�er that the�ppasing Party <br /> �as de�ined in the n�xt sentence} affers��mal�e an a�vard to sett�e a c�a�m for damages, Borrawer fails �o <br /> respond to Lender w�thin 3�days after�he date�h�notice�s gi�en, Lender is authori2��to co�iect and apply <br /> �he Miscellaneous Prnceeds either�o restorati�n or repair af�he Prop�rty or�o the sums secured by this <br /> Secur��y Instrum�nt, v�h�ther or n��then due. "�ppos�ng Par�y" means the�h�rd party �ha�owes Barrower <br /> M�sG���an�ous Pr�ceeds or�he party against wham Borrawer has a right of act��n in regard to Misc�i�aneous <br /> Proce�ds. <br /> Borrawer sha�� be�n defaul� if an� ac�ion or proceed�ng, whether c��il ar cr��n�na�, �s be�un tha�, in Lender's <br /> judgm�nt, could r�su��in forfe��ure af the Proper�y ar��her m�.ater�a� �mpairm�nt of Lender's �nterest in the <br /> Pr�perty or r�ght�under�h�s 5ecurity �nstrument. Borrow�r can cure suCh a t�efault and, if acc�lera�ian has <br /> accurred, r��nstate aS provid�d �n Sectzon �9, by causing the ac�ian or proc���.�ng�o be d��miss�d with a <br /> ruling that, in Lender's judgment, prec�udes fnrfeiture of the Proper��ar o�her materza� zmpa�rnr�en�af <br /> L�nd�r's interest in�he Prop�rt�or rights under th�s Se�urity Ins�rument. The praceeds of an�r award�r <br /> c1a�m far damages�hat are a�tribu�ab��to the impairmen�of Lender's interes�in the Property are hereby <br /> ass�gned and sha��be paid tfl Lender. <br /> AII Misce��aneou� Prncee�� tha� are nat applied ta rest�ration or r�pa�r of the Praperty sha��b�app����.�n th� <br /> order pr�vided far in Sect�on�. <br /> N�BRASKA-5ingle�amily-Fanni�Mael�reddie Ma�UNI�ORM INSTRUMENT �vrm 3028 1141 <br /> VMP� VMPfi{NE�t1�D�1 <br /> Walters KEuwer Financia#5er�i�es Page�a af 17 <br />
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