|
��14�451�
<br /> satisfaction, provided tha�such inspection shall be undertaken prompt�y. Lender may pay for the repairs
<br /> and restoration in a single dis�urs�ment or in a series�f pragress payments as the work is completed.
<br />_ Unless an agreen��nt�s made �n wr�ting or Applrcable Law re�uir�s interest�o be paid on suc�
<br /> Miscellaneous Proceeds, Lender shall not be required to pay B�rrawer any interest or earnings o� such
<br /> Miscel�aneous Proceeds. If the restorat�on or repair is not econamically feasible or Lender's s�curity
<br /> vvou�� b� �essened,the M�scel�ane�us Proceeds shall b�app�ied ta�he sums secured by this Security
<br /> Instrumen�,wh�ther or n�t then due,wi�.h the��cess, if an}�,paid to B�rro�er. Such Mis�el�aneaus
<br /> Proceeds shall be app��ed in the order pra�ided for in Section 2.
<br /> Ir�the e�ent af a total taking, destruct�on, or loss rr� va�ue af th�Property,the Misce�laneous Proceeds
<br /> sha��be appl�ed ta the sums secured by this Security Instrument,whether or not thet�due,vvith the ex�ess,
<br /> if any, paid t�B�rrovv�r.
<br /> �n t�e e�ent of a par��al tak�ngy C�eS�I'L1C�1�I7�or loss�n�alue aftl�e Pr�perty in vvhich the fair rnark�t�alue
<br /> �f th� Pro��rty �rnmediate�y b�for�th�partial taking,s�estru�t��n,flr l�ss in valu� is equal to or greater
<br /> than the am�unt of the sums secured by this Secur�ty�nstrument irnmed�ate�y before the partial taking,
<br /> destruction, ar Ioss in �a1ue, unless Barrower and Lender other-vvise agree in wr�ting,the sums secured
<br /> k���h�s 5ecurity Instrumer�t sha��be reduc�d by the amoun�of�he�I�iisce�laneaus Proceeds mu�tipiied by
<br /> the f�llawing fractian: [a}the total arn�ount of the sums secured immediat�ly before the part�a�taking,
<br /> destructi�n, or l�ss in �alue di��ded by�b)the fair market va�ue of the Property immediately before the
<br /> partia� ta�i�g, destruction, ar�oss in �alue. Any balance shall be pa�d to Borrower.
<br /> In tihe e�en�of a part�al takrng,destruction,or��ss in�alue of the P�aper�y in vvh�ch�h�fa�r ma�ket�aiu�
<br /> of the Propert�immediat�ly bef�re the par�ial�aking,destru�tion,�r�oss in value is less than the amount
<br /> of�he sums secured immediately befor�e the par�ia�taking,destruction,or��ss ir��alue,un�ess Barr�wer
<br /> and Lender a�herw�se agre� in writ�ng,the Miscellaneous Proceed� shail �e applied to the sums secured
<br /> by this Se�urity InStrument�hether or nat�he sums are then du�.
<br /> �f the Prop�rty is abandoned by Borro�ver, or if, aft�r not�ce by Lender to Borrnwer that the�pposing
<br /> Party(as defined in the ne�t sentence�offers to make an a�ard to ��ttl�a claim for damages, Sarrawer
<br /> fails ta r�spond ta Lender within 3�days after the date the notice is gi�en,L�nder is authorized to c�l��ct
<br /> and app�y th�Misce�laneous Proceeds either to rest�ration or repair of the Property or to the sums secured
<br /> b}�this Se�urity�r�strurnent, whether or not then�ue. "�ppasin�Party" means the thrrd party that owes
<br /> Borrower Miscellaneaus Proceeds or the party aga�ns�whom Borrower has a right�f act��n in regard to
<br /> Miscellaneaus Proceeds. '
<br /> Borrow�r sha�l be rn d�fault if any act�on ar proceeding,whether ci�il or cr�minal, is begun that, in j
<br /> Lender's judgment, cou�d resuit in forfeitiure of the Property or ather materia� impa�rment of L�nd�r's
<br /> interest in the Property�r rights un�.�r th�s Security Instrument. Barrower can cure su�h a default and, �
<br /> if aece��rat�on has occurred, r�instate as pro�ided in Sec�ion �9, by causing�he action or proceeding to
<br /> be dismissed with a ruling that,in Lender's judgment,preciudes forfeiture af the Property or other ma�erial
<br /> impa�rmer�t�f Len�er's interest�n the Property or rig�ts under th�s Security Instrument.The proceeds af
<br /> any award ar claim for dama�es that are attribuxable to the impairment of Lender's ir�terest in�.h�Prop�rt� �
<br /> are hereby assi�ned and shall be pa�d ta Lender. �
<br /> �
<br /> i
<br /> ������57�0
<br /> NEBRASKA-Single Family-Fannie MaelFreddie Ma�LJNiF�RM iNSTf�UMENT Fvrm 3Q28 11�'1
<br /> VMP� . ��' �2114 �
<br /> Wolters Kluwer Financial Services 2�14D7234.1.�.2529-J20131226Y Initial : ` Page 1�of�7
<br /> *H�D 119575575��1�3* I
<br /> I
<br /> , I
<br /> I
<br /> I
<br />
|