|
��14�7�4�
<br /> sa�xsfa��ion, pro�rided�1�at such in�pectio�l sha1��e under�al�e�pro�r�p�ly. Le�lder�nay pay fo���e rep�.irs
<br /> and res�o�ati��ir�a single dis�urseinetl��r i�a�er�es of progt•ess pay�nen�s as��ze work�s c��np�eted.
<br /> Ur�less ar�agree��nen�is ma�.e in wri�i�g�r Appli�al�le Lavv requz�����n�eres�to b�paic�an such
<br /> M�scel�a.�.eous Proceec�s, L�nde�shall r�a�be re�uired�o pay Borro�ver a.r�y i���eres�or earn�ng� on suc�1
<br /> M�scel�aneous Pro��e�.s. Zr�:��e restora��a�.o��repa�r �s nat�c��fl�a.zica�ly�easib�e ar Ler�det's secu�i�y�ra�1d
<br /> l�e lesse�led, ��ie Mis�ellane�us P�oceeds s��a�1�e a��lied�o�he sums secured by��1is Securz�y Ins���u�ne��, �
<br /> vv�ei.l�er�������hen�.ue, vv��h tille excess, �f a.ny, paic�.�Q I3orrovver. Such M�s�ellaneous Praceec�s s1�a�l��
<br /> app��e�iz�.�he order p�ov�dec�.for in Sec�ion Z.
<br /> T��.�he even�nf a�0��.1�a.1{i�g, cies�ruc�ion, or 1�ss i�z val�.�e af the Property, tlle Miscellaneous Pr�ceeds�sha11
<br /> be appl�ed��tl�e�utns secured�y t�is Se�uri�y rizstru�netl�, v��ie�her ar r�ot��en�.ue; v�i�h�11e excess, if any,
<br /> paic��o Borrower.
<br /> In tlie evetll:fll a pa.r�:i�l t�.l�i�zg, des��uction, ot Io�s in v�.1ue�l t11e Prope��y z�1 which��a.e fa��zna.rket va�ue of
<br /> f:11e Pr��erty���tned�ately�efot•e t11e�ar�i�1 ta.l�ing, des�ructiari, �r�oss �n value is eqL��.��a ar�rea�e��han tlze
<br /> a�naux1�af the suxns secureci.l�y��ais Securx�y I�.s��tx�ne�z�i�r�ned�a�el�r�efore��Ze parti�:r�alfing, destt•ucti�n, �i
<br /> loss �n value, u�less Bort owet a��c�Lender a�herv�ise agree ir��vri�i�g, t�1e sums secured by�hrs S�c�r�ty
<br /> Zizs�ruinen�s��a11 be rec�uc�d l�y the ainau�l�of�he Misce�laneau�Pt�oceed��nult�p�ied.�y�he fol�ovving
<br /> l�acti���: �a}the tiota� �.mou�ti af the su�n� sec�.�1 e�ii�t�nedial:ely l�era�e t�le pa��i�1�a�{i�lg, des�rL�c�ian, or�oss
<br /> i�z value div�ded by�1����e fair�narket valu�of t��e Pro��rl:y i���nedia�:ely before�1�e p�r��a1�a��ng,
<br /> des�ru�tron, or lass��vali�e. A�y balar�c�sha11 be�aid�:o B���ower.
<br /> Iri�11e ev�n�of a par�ial�al�ing, c�estruc�ion, or loss in valu��f the P�aperty in v�rhicl���e fair tnarl{e�value of
<br /> �he Pro�ertiy i1n�11edi�.tely before�11e�ar�ia�ta��ing, des�ruc�iofz, or loss ii�v�.lue is less��1an�he aznoun�of�l�e
<br /> surns securec���n�ne�.i�,te�y berore tlie�ar�:ia1 talfing, c�es�ruc�ia�, or l�ss i�v�.lt�e, un�ess Borrovve�a��.
<br /> Lendez o��a.erw�se agree�n w�:i���lg, �he Misce�latleous P�oceed� s1�a11�e applied�o the su�ns secured l�y�hxs
<br /> S�cur�ty��.zs�ru�nez��vv��e��zer or�.o��he�u��1s are tihen due.
<br /> Zf�he Proper�y is abandoned by I3orrovver, �r if, 1f�e�r�a�ice�by L�nder�a Borrowe�-tha���.e���os�ng Party
<br /> �a��.efi�zec�in i:he��ext se�te�zce} offers�o�na��e a�.avt�arc��o se��1e a c�ai�n for c�a�n�.ges, Bor��wer fails�o
<br /> res�nnd to Lende�Withitz 3� days afte�the da�e�he�.a��Ge is ��ven, Lexzder is att�har iz�c��o co�lec�a�zd apply
<br /> �11e 1Vlisc�l��neous Proc�eds ei�her�o re��ora�ion or rep�.ir of��z�P�ape��y or�o��ze�u�-ns secured�y this
<br /> Securi�y Ir��truinen�, w�lether a�r no�then�.�.�e. "�pposxr�g Partiy" �near�s�he�hird�ar�y tha�ow�s Borrawer
<br /> Misce�laneous Proceed� or�he�ar�y agains�whoxra.Borrovver has a rxgl��of ac�xon zza.rega.rd�o Miscella�eous
<br /> Praceeds.
<br /> Bot rovver s��a�11�e it�defaL�lt if a���aci:ion o�p�rocee�izzg, whe�l�e�civi�or cri�ni�zal, �s begun�h��, z��Lender'�
<br /> ,�udg�n�r��, coulc�resu�t itl Forfei�.ut e oF�Ize Prope�ty o�o�1�er�n��er�a1��npa.i��ner��of Len.der's�n�eres�ir��he
<br /> Property or rights u�lt�er t��is Se�t��ity 7�zs�rumex�t, Bor�o�ver�an�ure such a defau���.�d, if accelera�ion�z�s
<br /> occu�•�e�, xeir�s�ate as provi�.ed in Sec�iar� �.9, by caus��zg�he ac�ian or�t a�eeding�o be c�is�nisse�.�ri�:��a
<br /> ��.�Iing th��, �i1 Lel�der's j udg�nent, pr�cluc�es rorfeitL�re of�h�1'r�per�y ar o��zer�n�.teri�.���n��.xr�nen�al
<br /> Lender's x���erest i���he P�aperl:y or�ig�1���.��der this Se�txri�y Ins�ru�nexa.�. The�roce�c�s of a�.y�.wa�d or
<br /> c�ai�n f���1a�nage��ha�a.�•e a.ttri�bu�:�ble ta th�impair�ne�l�of Le�x�.er'� i�z���•es�in�he P�aper�y are he�rel�y
<br /> assigned�.nc�shall Ue�aid 1;o Lende�•,
<br /> A�1 Miscellaneous Proceeds tha�;�.re�zo�ap�lied�� res�ar.a�io�or repai� of���e Prope�r�y sha�1 Ue����i�ci���.�he
<br /> o�der prov�c�ed foi�i�l Sec�ion 2.
<br /> 2�oa7��o
<br /> N�BRASKA-Single�amily��annie M ael���ddie M ac UNIFORM INSTRUM ENT �orm 30�8 1��1
<br /> . VM P� VM PB�N����34z�
<br /> 1Nolters Ki�wer�inan�ial S�rvic�s Page 1�a��T
<br />
|