��14�����
<br /> satisfaction, prov�ded�hat such inspect�fln shal� b�underta.ken prampt�y. L�nder ma�r pay for the repairs
<br /> ar�d res�oratian in a sing�e dis�ursem�nt or in a s�r�es of progress payments as th�work is c�mp�et�d.
<br /> Un�ess an agreement is made in w.riting�r Applicab�� Law requires interes����e pazd�n such
<br /> Misce��aneous Pro�e�ds, Lender shall no�be requzred�o pay Borrower any �n��rest ar�arnings on such
<br /> Mis�el�aneous Pr�ceeds. If the rest�rati�n or repa�r is n��ec�nomica��y feas�b��or Lender's �e�ur��y would
<br /> be lessen�d, the IV�isc���aneous Proceeds sha��b�appl�ed�o the sums secured by�his S�curzty Ins�rumen�,
<br /> whe�her or not then du�, with the�xCess, if any, paid to Borrawer. Such Mis�el�an��u� Proc�eds sha�� be
<br /> app���d in the order prov�ded far�n Sec�ion�.
<br /> �n the even�af a�otal takxng, destruc�xon, ar lass �n value of the Property, th�Miscel�ane�us Proceeds sha��
<br /> be app��ed��the sums s�cured by��is S�curity Instrurn�nt, vvhether�r n�t then du�, with th�e�cess, if an�,
<br /> pa�d ta Borrawer.
<br /> In the even��f a part�al tal�ing, de�truction, or loss in�a1u�of the Prop�r�y zn�vhich the fair mark�t�a�ue of
<br /> the Praper�y �mmed�a�ely before the partia� tak�ng, destruc��on, �r�oss ir�va�ue�s equal�o ar grea�er�han the
<br /> amount of����ums secured by���s Securi�y�nstrument immed�ate�y�efor��he par�ial taking, destruction, or
<br /> �oss xn value, un�ess Borra�er and Lender a�herwise agree�n writ�ng, the sums secur�d by this Security
<br /> �nstrument shall be reduced b�the amount of�he M�scellaneous Proceeds multip�ied�y�he fol�owing
<br /> fract�on: �a��he t��al amount of the sun� �eCured immedia�ely b�fare the par��al�aking, destruc�ion, or�oss
<br /> - in va�ue dzvi�ed by �b}the fa�r market value�f�he Propzr���mm�diately before th�par��a.��a��n�,
<br /> d�struction, �r l�ss in value. Any ba�ance s�aa�x be paid to Borrower.
<br /> �n the�ven�of a par�ia� taking, des�ru��i�n, or�oss �n va�ue�f t�e Prap�r�y i�a���ch the fair market value of
<br /> t�ze P���et°�y ir����.��.i����y b�f�r�the pa.rtia� ta�ing, destruction, o�ln�s �n�aluc is �css than�he amoun��f th�
<br /> sums secured irnmediat�l�r bef�re the par��a� �aking, destru�tion, or�os� �n va�ue, un�ess�orr�v�er and
<br /> L�nder otherwise agree in writin�, the Mise���ar�e�us Proceeds shail be app�i�d�o the sums secured by�hzs
<br /> Securi�y Instrument vv���her or na�the sums ar�th�n due.
<br /> . h • �� �
<br /> � �f the Proper��is aban�aned�y Barrower, �r if, af��r natic�b�Lender to Borrower that the C]pposing �'dr�y
<br /> �as d��ned in�he next s�n�ence}nffers�a mak�an a�rard to se���e a c�aim f�r damag�s, Borrovver fa��s�o
<br /> respond t� Lender�ith�n 3�days after the date the���ice zs g��en, L�nder is author:���d to co��ect and ap��y
<br /> the N.�iscellan�aus Pr�ceeds either�o res�orati�n or repair�f the Proper���r to the su�m�secur�d by this
<br /> Securi�y�nstrument, wh���xer or n��t�.en due. "�pposxng Pa�.y" means�he third pa�.y�ha�owes Borr�vver
<br /> Misce��aneaus Pr�c��ds or�he par�y against wh�m Borr�wer has a right of act�on in regard�o N�is�ellane�us
<br /> Proce�ds.
<br /> B�rrawer sha��be in defau��if any actzon�r proceedxng, whether c�v��ar crimina�, i�b�gun tha�, in Lez��ier's
<br /> �udg�nen�, c�ul�result�n f�rfe�ture of the Property�r oth�r materia� �mpairmen��f Lender's interes�xn the
<br /> Proper�y vr r�gh�s under this Secur�ty Instrumen�. Borrflwer can�ure such a default and, if acce�eration has
<br /> occurred, reinsta�e as provided in�ect��n 19, by causing tlae ac���n or proc��d�ng to be disrrllssed with a
<br /> ru��ng�a�, in Lender's judgm�nt, precludes forfeitur�af the Praper��r or�ther ma�erial impairmen�of
<br /> L�nder's interest in the Prop�r�y ar righ�s und�r�h�s Security Instrum��.�. The pr�ceeds af an�award ar
<br /> claim for da�mag�s that are a�trihutab�e t�the�mpa�rment of Lender's int�r��t�n tY��Q�'��perty are hereby
<br /> . J-
<br /> assign�d and sha�l�e paid to Lender.
<br /> A�� Misce��an��us Proc�eds that a��na�app��ed to res�orat��n or r�pair af th�Proper��sha�l be app�ied in the
<br /> order provided f�r�n Secti�n 2.
<br /> N�BRASKA-Single Famiiy-Fanni�MaelFreddi�Mac tJNtF(�RM INSTRUMENT Form 3D28 11q1
<br /> VMP[� VMP6tN���13a2]
<br /> Wolters Kluwer Financial Ser�i�es Page 1 a of 17
<br />
|