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��14�4�SS
<br /> sat�sfact��n, pro�id�d�ha� su�h inspectian shall be undertaken pr�mptly. Lender may pay for�he repairs
<br /> and restarat�on in a s�ng��dis�ursement or in a s�ries of pragress payments as the work is compie�ed.
<br /> t�n�ess an agre�ment �s made in writing or Applicab�e La�v requires interest to�e pa�d on such
<br /> �isce��aneaus Pro��eds, Lender shall not be required to pay Barrower any inter�st or earnings on such
<br /> M��ce��ane�us Pro�eeds. �f�he restoratian ar repair�s nat econarni�ally feasi�le or Lender's security v�ou�d
<br /> be�essened, the Misc�llaneaus Proceeds shal�be applied�o the sums s�cured by th�s Secur��y �ns�rument,
<br /> whe�her or not then due, �vith the excess, �f any, paid�o Borrower. Such N�isce��ane�us Pro�e�ds sha�� be
<br /> app�ied in the�rder provid�d for in Sec��on 2.
<br /> In�he e�ent�f a tota� �ak�ng, destruction, ar�ass in vaiue of�he Praperty, the M�sc�llane�us Proc�eds shall
<br /> be app��ed�o th��ums secured by this Securi�y Instrument, whether or not then due, ��th the excess, if an�r,
<br /> paid�o Borro�ver.
<br /> In the e�ent of a partial ta�zng, destruct�on, ar loss in value of t�a�Praper�y in which the fair mark�t value of
<br /> �he Property �mmed�a�e�y before�he partial taking, des�ructian, or loss in value is equal to or grea�er than the
<br /> amount of the sum.s secured by this Secur�t� Ins�rument immedia�e�y before the par�ial�aking, destruct�on, or
<br /> loss in value, un�ess Borrower and L�nder o�herwise agree in wr�ting, the sums secured by this S�cur�ty
<br /> Instrument shal�be reduced by the amoun�of�he M���e��aneaus Proceeds mu�tiplied by the foi�owing
<br /> frac�ion; �a} the total amount of the sums secured �mmediate�y befare the par�ial taking, des�ruction, �r�o�s
<br /> in value divided by �b}the fa�r marke�value af the Praperty immediately before the par��a� �aking,
<br /> des�ruc��an, or�oss �n�a�ue. Any balan�e shal�be paid to Borr�wer.
<br /> in the event af a par�ial taking, destruct�on, ar�oss in value of�he Proper�y �n which th�fair market�alue af
<br /> �he Pr�perty immedia�ely before�he par��a� taking, destruc�ion, Qr�oss �n va�ue is Iess�har�the amount af�he
<br /> sums secur�d�mmedia�el�b�fore the partial taking, destructian, or Ioss �n�aiue, unless B�rrt�wer an�i
<br /> Lender o�herw�se agr�e�n wr���ng, th�Mis�ellane�us Proceeds shai� be appiied to the sums s�cur�d by th�s
<br /> Secur��� �nstrument�vh�ther or nat the sums are�hen due.
<br /> If the Prape�ty is abandon�d by Borro�ver, �r�f, af��r natice by Lender�o Borro�er�hat the�ppos�ng Part�
<br /> (as defined in the next sentence} off�rs to mak�an award�a settle a c�a�m for darnages, B�rrow�r faiis ta
<br /> re�pond�a L�nder�ri�hin 3�days af�er th�date�h�notic�is g�ven, Lender is authflrized to c�lle�t and app�y
<br /> the Misce��aneous Proceeds ezther to r��toratior�ar repair af the Proper�y or to the sums secured by�h�s
<br /> Secur�ty �nstrument, v�he�h�r or n�t�hen du�. "�ppasing Party" means the�hird par�� that awes Bflrrower
<br /> Mzsce�tan�ous Proceeds or�he par�y agaznst whom Borr�wer has a r�gh�af acti�n�n regard�a Miscellaneaus
<br /> Proceeds.
<br /> Borrower shall be�n defau�� if any act�on or proceedzng, wheth�r czvi��r criminal, is b�gun tha�, xn Lender's
<br /> judgmen�, cnuid resuit �n forfeiture of the Pr�pert�or�ther material impairm�nt flf L�nd�r's xn�erest �n the
<br /> Froper�y or rights und�r th�s Securi�y �n�trum�nt. Bflrr�wer�an cur�su�h a defau�t and, if acce�eratiQn has
<br /> accurr�d, re�nstate as provided in Sec�i�n �9, by caus�ng the act�an nr pro�e�d�ng�a b�dismissed with a
<br /> rulinb tha�, in Lend�r's�udgmen�, prec�ude� forfe�ture�f the Proper�y or a�her�materia� impairment of
<br /> Lender's interest�n the Prop�rt�or r�ghts under this Security Ins�rument. The proceeds of an� award ar
<br /> �la�m far damages�ha�ar�attr�butable ta the impairment af Lender's interest in the Proper�y are hereby
<br /> ass�gned and shall be paid to Lender.
<br /> All Misceilan�ous Proceeds that are no�app�ied to res�aratznn�r r�pa�r nf the Proper�y shail be applied in the
<br /> tirder prov�ded for in Se�t�an�.
<br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM tNSTRUMENT Form 3�28 11��
<br /> VMP Q VMPfitNEj t130�1
<br /> Wo�ters Kluwer Financia!Ser�ices Page 7�of 17
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