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��14����5 <br /> satisfactian,pra�ided that such inspectian shall be undertaken pramptly.Lender may pay far the repairs <br /> and restaratian in a single disbursement❑r in a series af pragress payments as the wark is campleted. <br /> Unless an agreement is made in writing❑r Applicable Law requires interest ta be paid❑n such <br /> Misce�laneaus Praceeds,Lender shall nat be�required ta pay Barrawer any interest❑r earnings❑n such <br /> Miscellaneaus Praceeds. lf the restaratian❑r repair is nat ecanamically feasible❑r Lender's security <br /> wauld be lessened,the Miscellaneaus Praceeds shall be applied ta the sums secured by this Security <br /> Instrument,whether❑r nat then due,with the excess, if any,paid ta Barrawer. Such IVliscellaneaus <br /> Pr�ceeds shall be applied in the�rder pr�vided for in Secti�n 2. <br /> In the e�ent❑f a tatal �a.king, destructian, ❑r lass in�alue❑f the Praperty,the IVliscellaneaus Praceeds <br /> shal 1 be appl ied tv the sum s secured by this Security Instrument,whether❑r nat then due,with the excess, <br /> i�any,paid to Barrawer. <br /> In the e�ent❑f a partial�aking,destructian,❑r loss in�alue❑f the Praperty in which the fair market�alue <br /> ❑f the Pra�erty immediately befare the partial taking,destructian, ❑r lass in�alue is equal ta❑r greater <br /> than the amaunt af the sums secured by this Security Instrument immediately befare the partial taking, <br /> destructian, ❑r lass in�alue, unless Barrawer and Lender atherwise agree in writing,the sums secured <br /> by this Security Instrument shall be reduced by the amaunt❑f the IVliscellaneaus Proceeds multiplied by <br /> the fallowing fractian: �a)the tatal amaunt of th�sums secured immediately before the partial taking, <br /> destructian,❑r lass in�alue di�ided by�b�the fair market�alue❑f the Property immediately befare the <br /> partial taking,destruction, ❑r loss in�alue.Any balance shall be paid to Barrawer. <br /> ln the e�ent of a partial tak�ng,destructi�n,or l�ss in�alue of the Pro�erty in v�hich the�air market value <br /> ❑f the Praperty immediately befare the partial taking,destructian,❑r lass in�alue is less than the amaunt <br /> ❑f the sums secured immediately befare the partial taking,destructian,❑r lass in�alue,unless Barrower <br /> and Lender otherwise agree in writing,the IVliscellaneaus Proceeds shall be applied to the sums secured <br /> by this Security Instrument whether or not the sums are then due. <br /> If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the�pposing <br /> Party�as defined in the next sentence�offers to make an award to settle a claim for damages,Borrawer <br /> fails to respond to Lender within 3�days after the date the notice is gi�en,Lender is authorized to collect <br /> and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured <br /> by this Security Instrument,whether or not then due. "(]pposing Party" means the third party that owes <br /> Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to <br /> M i scel l aneous Proceeds. <br /> Borrower shall be in default if any action or proceeding,whether ci�il or criminal, is begun tha�, in <br /> Lenderrs judgment, could result in forfeiture of the Property or other material impairment of Lender's <br /> interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, <br /> if acceleration has occurred,reinstate as pro�ided in Section 19,by causing the acti�n or proceed.ing to <br /> be dismissed with a ruling that,in Lender's judgment,precludes forfeiture of the Property or other material <br /> impairment of Lender's interest in the Property or rights under this Security Instrument.The proceeds❑f <br /> any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br /> are hereby assigned and shall be paid to Lender. <br /> f f 9580�301 <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT ` Farm 3028 1101 <br /> VMP� R�� , 07114 <br /> VVafters Kluwer Financial Services 201409154.1.1.2529-J20131226Y Initial `� Page 10 af 17 <br /> *H 1195��3011� "` <br /> � <br />