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��14��573
<br /> sat��fac�ian, pra�ided�hat such inspe�txon shall be under�aken promp���r. Lender may pa� f�r the repairs
<br /> and res�aration�n a s�ng�e d�sbursemen�or in a seri�s af progr�ss pa�men�s as�h�work �s c�mpleted.
<br /> trnless an agreernen� �s made xn wr�t�ng or Appl�cable Law requ�res �nterest to be pa�d�n such
<br /> Miscel�aneous Proce�ds, L�nder�ha��not be requ�r�d t�pay Borrow�r an�r �nterest or earn�ngs on such
<br /> Misce�Ianeous Proceeds. If the restorat�on or r�pair�s not e�onomical�y feasible or L�nder's secur�ty wou�d
<br /> be Iessen�d, the Miscellane�us Proceeds sha��b�a�pl�ed to th�sums se�ured by this S��uri�y �nstrumen�,
<br /> wheth�r nr not then du�, wi�h the e��ess, if any, paid�o S�rraw�r. Such Misce�lar��ous Pro�eeds shal� be
<br /> app�ied zn the�rder pro�ided for in Sect�on 2.
<br /> In the e�en�of a�a�a� taking, destruc�zon, or�oss �n valu�of the Praperty, the M�sc���aneous Proceeds shall
<br /> be appl�ed to the sums secured by this Security�nstruxnent, whether or na�the�du�, with the excess, if any,
<br /> paid to Borrower,
<br /> In the e�en�flf a part�a�tak�ng, d�s�ru�t�an, or��ss in�alue af the Proper�y �n wh�ch�he faxr marke�value af
<br /> the Praperty immediately before the par�ia� �ak�ng, destruc��on, or�oss in valu�is equa� �o or grea�er�han the
<br /> amount of the sums s�cured by�his Securi�y �nstrunlent�mmediately before th�par�ia� �aking, d�struc�ian, or
<br /> loss �n�a�ue, unless Bnrrawer and L�nder otherwise agree in writ�ng, the sum►s se�ured by th�� ���urity
<br /> Instru�n�nt sha���e reduced�y the amoun��f�he M�scel�aneaus Pra�eeds multip�ied by the f���ov�v�ng
<br /> fraction: �a} �he tota� amount af�he sums secured �rnmediately before the par�ial taking, destruct�on, �r�o�s
<br /> zn�alue divided by �b} the fair mark�t va.�ue af the Proper�y immediately befare�he partial taking,
<br /> destruct�on, or�oss ir��a�ue. Any balan�e shall b�pai��o Borrower,
<br /> In th��vent of a par�ia�taking, destruc�ion, or loss in va�ue af the Praper�y in which the fa�r nzarke�va�ue�f
<br /> th�Praper�y imam�dia�e�y be�ore�he par��a�tai��ng, des�ructi�n, ar loss �n va�ue is less than the amaunt af the
<br /> sums s�cure�i immtdiate�y befare th�par��a�tak�z�g, destruction, �r lass in va�ue, unless Borrower and
<br /> Lender o�herwi�e agree in�vriting, the Misc�llan��us Proceeds shall b�app�ied to�he sums s�cured by th�s
<br /> Security �nstru�nent whe�her or n�t th�sums are th�n due,
<br /> If�he Prop�r�y is abandaned by B�rrower, �r if, after nat�ce by L�nder to Barrav�rer that�he�ppa�ing Par�y
<br /> �a�defined in the ne�t sentence}off�rs to make an award t� settle a cla�m for damag�s, Borrov�er fails ta
<br /> r�spond to Lend�r within 3�days af�er�he dat��he no�i�e zs g�ven, L�nd�r is author�zed�o colleG� and apply
<br /> the N.�is�e��aneous Proceeds eith�r ta restorati�n or r�pair�f the Praper�y or to the sums secured�y�hi�
<br /> Se�urity Instrunzen�, whe�her ar n���hen du�. "�pposing Party" m�ax�s�he third par�y tha�owes Borrower
<br /> Misce��ane�us Praceeds ar the par�y aga�n�t whon�Borrower has a r�ght of ac�ion�n regard�o M�sc���aneous
<br /> Proc�eds.
<br /> Borrower s�al��e in d�fault�f any actian or proceeding, �nrh��her c�v���r criminal, �s begun�ha�, in Lender's
<br /> �udgm�nt, cou�d result�n fnrfe��ur�af the Fr�p�r�y ar ath�r mat�ria� �mpa�rmen�flf Lender's�n�erest�n the
<br /> Praper�y or righ��under th�s Secur�ty �nstrumen�. B�rrow�r�an cur�su�h a default and, if acce�era��on has
<br /> o�curred, reinsta�e as pra�ided in Sec�ion 1.9, b�r c�u�ing the a�tzon or pro�eed�r�g to be dismissed with a
<br /> ru�ing tha�, in L�nder's judgment, preclude�forfeiture af the Pr�perty ar o�he�r mater�a� impairment of
<br /> L�nder's �nteres� in the Proper�y ar righ�s under�his Secur�ty �nstrument. 'T�he pr�ceeds of an�a�vard or
<br /> claim for damages that are attr�butab�e��the impairment of Lender`s interest�n the Proper��are hereb�
<br /> assigned and sha�i be pa�d to Lender.
<br /> A�� Mis�e��an�ous Proc�eds tha�are nat app�ied ta restora��on�r r�pair of�he Prap�r��r sha��be app�ied in�he
<br /> order prov�ded for�n Section Z.
<br /> NE6RASKA-Singl�Family-�an�i�Ma�l�reddie Mac UNIF�RM INSTRIfM�NT Form 3Q28 1l��
<br /> VMP Q VMP��N�y�'t 3�2y
<br /> Wvlters Kfuwer Finar�cial Ser�ices Page 10❑f 17
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