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��14�444�
<br /> satisfaction, pro�ided tha�such inspe�tion shal� b�under�aken promptiy. Lender ma�pay for�h�repa�rs
<br /> and restora�ion in a single disbursem�nt or in a s�ries of progress paym�en�s as �he work�s comp�et�d.
<br /> Unless an a�reement is made in wri��ng or App�icable Law requires �ntere���o�be pa�d on such
<br /> Miscelianeous Pro�eeds, Lender shal�no�be required to pa� Borrav�er an� �nterest or earn�ngs on su�h
<br /> Miscellane�us Proceeds. �f th�r�s��rat��n ar r�pa�r is no��conom�ca�iy feas�b�e or Lender's secur�ty wou�d
<br /> �be�essened, the Miscel�ane�us Prflceeds sha�l be applied to�h�sums secured by th�s Security �ns�rument,
<br /> wheth�r or no�then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds s�al1 be
<br /> app��ed in the order pro�ided for in Section�.
<br /> �n the e�ent of a total taking, des�ru��zon, �r��ss xn�ralue�f�he Pr�pert�, �he Mis��llaneous Fra��eds shall
<br /> be appli�d�o the sums secure�b� �h�s Securit� �nstrument, v�hether or nat then due, with�he excess, if any,
<br /> paid ta Borrovver.
<br /> �n�he���nt of a par�ia� taking, destruct�on, or�oss in va�ue of�he Proper�y in wh�ch the fair marke��alue af
<br /> �h�Proper��immediatel�before the par�xa� taking, destru�t�on, �r I�ss in�a�ue is equa� to or greater than th�
<br /> amoun�af�he sum.s secured�y th�s Securi�y�ns�run�ent immediatel�bef�re the par�ia� �aking, destruction, or
<br /> lass in va�ues un�ess Borrawer and I�ender otherwise agre�in writing, the sums secured by thi� Se�ur��y
<br /> �ns�rument shal�be reduced by�he amount of the M�s�ellane�us Proceeds multiplied by th�fo�l�wing
<br /> fraction: �a} �he to�al amount of the sums secured �mmed�ate�y before the par�ial ta��ng, des�ruc�ion, or l�ss
<br /> in va�ue divided by �b} �h�fair market�a�u�of the Proper�� imm�dxa���y before the partial takzng,
<br /> des�ruction, �r�oss in va�ue. An�ba�ance shai�be paid ta Borrower.
<br /> �n the e�ent of a par�iai taking, des�ruction, or�oss in�alue of the Proper�� in whi�h�he fair market�ralu�of
<br /> the Proper�y �mmedia�e�y�efore�h�partial tak�ng, d�stru�t�on, or loss in va�ue is les� than�he amoun��f�he
<br /> sums secured immediately befor�the pa.rt�al�aking, destruc�ion, or�oss �n value, unless B�rrower and
<br /> Lender o�her�v�se agree in wr��ing, the Misce�laneaus Proceeds sha��be ap�l��d�o�he sums s��ured by this
<br /> Securi�y �nstruxn�nt whethe�-or�aot the sums are then due.
<br /> �f the Prop�rty is abandoned b�Borrower, or if, after not�ce b� Lender to Borrower tha�the�]pposing Party
<br /> �as d�fined in the nex�sentence}offers��make an award t� setrle a claim for damag�s, Borrower fa��s�o
<br /> respond to L.end�r w�t��n 3�days aft�r th�date�he n���ce is g�ven, L�nd�r�s author�zed�o coiiect and app��
<br /> �h�Miscei�aneaus Praceeds either ta restora�i���r r�pair�f the Proper�y ar�o�h�su�ms secured b� thi�
<br /> Security Instrument, vvhether�r not then due. "Upposing Par�y" means �he�hird party that ow�s Borrower
<br /> Misc�ilan�nus Proceeds or the party agains�whom Borrower has a r�ght of ac��on in regard to M�sce�laneaus
<br /> Proceeds.
<br /> Borro�ver sha�l be in defau�fi if any action or proce�ding, �h�ther civil �r�riminal, �s begun that, in Lend�r's
<br /> �udgment, could result in forfe�ture of the Property or other mater�a� impairment of Lender's inter�st in the
<br /> Proper�y or r�ghts under t��s Secur��y �nstrumen�. Borrawer can�ure such a defau�t and, �f acce�era��on has
<br /> o�curred, reins�a�e as pro��ded in Se��ion I9, b�causing the ac�i�n or proceeding�o be d�sm�ssed with a
<br /> ru��ng tha�, in Lender's judgment, prec�udes forfei�ure of�he Prop�r�y or o�her material impairment of
<br /> L.ender's in�er�s��n�h�Pr�per�y�r rights under t�is Se�urity �nstrument. The proceeds �f any award or
<br /> claim for damage�that are attributab�e to the�mpairment of L�nd�r's interes��n�he Proper�y ar�hereby
<br /> assigned and sha��be pazd�Q L�nder.
<br /> A1� Misc�llaneous Proceeds tha�are no�appli�d�o restora�i�n or repair of the Property shall be app�ied in th�
<br /> �rd�r provided for�n Sec��on�.
<br /> N�BRASKA-5ingle Famity-Fanr��e MaelFreddie Mac UNiFQRM iNSTRUMENT Form 3��8 11�i
<br /> VMP[� VMPfi�NEy�13423
<br /> Wvlters Kluwer�ir�anciaf Ser�ices Page 10 of 17
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