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<br /> sa�isfa�tion, pra��ded that such�nspection shal�b� und�rtaken pr�mptly, Lender ma�pa� for th�repairs
<br /> and r���ora�ion in a sing�e disbursement�r in a serie�of pr�gr�ss payments as th�work is comp�eted,
<br /> Un�e�s an agreemen� ��made�n writing ar App�icable Law requires int�rest to b�paid an such
<br /> Mxsc���aneaus Praceed�, Lender sha�� not be re�uired t�pay B�rrawer any inter�st or earnings on suGh
<br /> M�sce�Iane�us Pra��eds. �f�he res�nrat�on�r repair is not e�onam�caliy feasih�e or Lender's secur�ty wnu�d
<br /> be lessen�d, the Miscellaneaus Proceeds shai�be appl�ed to�he sums s�cured by this Security Instrument,
<br /> whether or na�then due, with the excess, if any, paid t� Barr��er. Su�h Misce��aneous Proceed� sha�l be
<br /> applie�i in the order provided far in Sect�on 2.
<br /> �n�he��en�of a ta�a� tak�ng, des�ru�tzon, or�os� in�alue of th�Praperty, th�Mi�ce��ane�us Proc��ds shall
<br /> be app�ied�a the sums secured b�r this Security �n��rum�ent, whether ar na�then due, �v�th�he�xcess, �f an�,
<br /> paid to Barravver.
<br /> �n the even�of a part�a� �ak�ng, de�tru�t�an, �r los� �n�alu��f the Pr�perty �n�hich�he fair market valu�of
<br /> �he Property immedia�ely before�he par��a� �a.�ing, destruct�on, ar�oss �n vaiu��s equal t�or great�r t�an�he
<br /> amoun�of�he sums secured���his Security Instrurnent immedia�e�y before the part�a� takingy �f.'5��11C�.1�I1, or
<br /> loss in value, unless Borr�wer and L�nder atherwise agree in writing, the sums secured by�h�s 5ecurity
<br /> �nstrument shall be reduced by the amoun��f the Miscellar�eous Pr�ceeds multip�ied by the follow�ng
<br /> frac�ion: �a}the total amoun�of�he sums secured immed�atel��efore the part�a� taking, �estructian, or lnss
<br /> in�alue di�ided by �b} th�fair mark�t va�ue of t�ae Property �m.media��ly befflre�he par��a� �aking,
<br /> destru�t�on, or��ss in�a�u�. Any ba�ance shall be paid to B�rrower.
<br /> �n the evenC�f a par��a� tak�ng, destruc�ion, ar lass in value af�he Proper�y in whi�h the fair market valu��f
<br /> the Prap�rty immed�a�eiy�efare th�par��ai tak�ng, des�ruct�on, or�oss in va�ue xs�ess than the amaunt af�he
<br /> sums s�cur�d imme�ia�ely b�fore the par�ial �ak�ng, destructz�n, or�oss in value, un�ess Borrower and
<br /> Lender�ther��s�agree�n v�ri�ing, the Misc�llaneaus Proc���s shal� b�applie��� the sums s�cured by thi�
<br /> S�curity �nstrurnent whether or nat�he sum�s are�hen due.
<br /> If the Prop�r�y i� abandon�d by Borrawer, or if, at�er no��ce by L�nder t�Borrawer tha��he flpp�s�ng Par�y
<br /> . �as def�ned in the nex� sen��nce}offers�o mak�an award to s��tle a claim for�amages, Borrow�r fails to
<br /> respond to L�nder w�th�n 34 days af�er the dat��he no�ice is giW�n, Lend�r is authorized ta collect and app�y
<br /> the Ni�sc�l�ane�us Praceeds��ther to r�s�orat��n or repa�r af�he Proper�y ar to the sums secur�d by th�s
<br /> 5ecurit� Instrumen�, �vhether or nflt�hen due. "C�ppo��ng Party" means the�hird part�r that owe�Barrower
<br /> Mis�e�laneous Pro�eeds or the par�y against wham Barrower has a right of actian in regard�a N�iscellaneous
<br /> Pra�eed�.
<br /> Borrower sha�l be in defau���f any ac��on ar proceed�ng, whe�her c�v�� or crxmina�, is b�gun�hat, �n Lender's
<br /> �udgment, could result�n forfeiture af the Pr�pert�r or o�h�r n�aterial irx�.pairment of Lend�r's �nterest in th�
<br /> Pr�perty or rights under this Security Instrument. Barrawer can cure such a default and, if a�celeration has
<br /> occurred, r�instate as pr��id�d in Sec�i�n �9, b�causing�he actian�r prflce�ding ta be dismissed with a
<br /> ru�zng�hat, �n Lender's�udgment, prec�udes forfei�ure�f th�Proper�y or other material impairment af
<br /> Lender's interest in th�Proper�y�r rights under�his Secur�ty �ns�rum�nt. The proceeds�f any award or
<br /> �laim for damages�hat are at�ributab�e to th�impa�rn�ent of Lender's interest �n�he Proper�y are hereby
<br /> ass�gned and shai�be paid to Lend�r.
<br /> Ali Mzsce�laneous Praceeds tha�are nat app��ed ta res�ora��nn ar repa�r of the Property s�al�be appl�ed in the
<br /> arder pr��ided for in S�c�ian�,
<br /> N�BRASKA-Single Fami�y-Fannie Mael�reddie Mac UNt�qRM INSTRUMENT Forrr►3428�I�1
<br /> VMP� VMP�[NE�{7 302y
<br /> Walters Kiuwer Financial Ser�ices Page 14❑f 17
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