Laserfiche WebLink
��14�5�51 <br /> sa�isfac��on, pr��r�ded that such �nspec��on�hall be under�aken prflmptly. Lender may pay far the r�pairs <br /> and res��ratzon�n a s�ngle d�sbursement ar�n a seri�s�f progress payments as �he v�ork is comp��t�d. <br /> tJnless an agre�men� is made�n wr���n�ar App��cab��Law requires intere��to be paid an such <br /> Miscel�aneous Prn�eeds, Lender sha�x na�be re�uired to pay Borrower any in�eres�or earnings an such <br /> M isc���anenu� Prac�ed�. �f the r�s�ora��an or repa�r is not ecanornically feasibie or Lender's security v�auld <br /> be��ssened, �he MisGe��ane�us Proceeds shall be appii�d to the su�ms secured by�his Securi�� Instrument, <br /> whe�h�r or n�t�hen due, wit�th�excess, if any, paid�o Borrower. Such Miscel�aneaus Proceeds sha�l be <br /> applied in the order provided for in Sec��on 2. <br /> �n�he�vent�f a�ota.l tak�ng, �estru�t�an, ar lass �n�a�u�of the Praperty, the N��s�e��ane�us Praceeds shall <br /> be app�ied t�th�sums secur��by this S��ur�ty �nstrumen�, wh�ther�r n�t�hen due, with the e�cess, if any, <br /> pazd to Borr�wer. <br /> �n the e�ent af a par�ia� tak�ng, des�ruc�ion, or l�ss in�alue of�he Pr�perty �n vvhich�he fa�r marke�Wa�ue of <br /> �he Prflper�y imm�diately befflre the partial tak�ng, destru�t�on, �r�oss �n va�ue�s equal to or greater than the <br /> amaun�of the sums secured b��his���urity �nstrum�nt imrn�d�ately befare the par�ia� taking, destruct�on, or <br /> �oss�n�a�ue, unless Borrower and Len�.er o�herw�se agree in wr�ting, the sums secured by this Securi�y <br /> Instrum�n�shal�be redu�ed by�h�amount af the Miscellaneaus Pro�eeds mu�tiplied by th�foll�wing <br /> frac�ifln: �a}the tota� amount af�he surns secured immediate�y before the partial tak�ng, destruc�zon, or�oss <br /> in�alue di�ided by �b} �he fair market Walue�f the Property immedia�ely�efflre�he par��a��ak�ng, <br /> destruc�ian, �r loss in�alu�. An�balance shall b�paid to Barrower. <br /> In�h�e�en�of a par��a� tak�ng, destruct��n, or lass in value af�he Praperty �n which the fair marke�value of <br /> th�Proper�y�mmedia�ely bef�re�he partia� tak�ng, destructian, or loss in valu�is Iess than�he am�unt of the <br /> sums secured immediately befflre the partia� taking, C��StI L1C�lOIl, or loss �n value, unless B�rrower and <br /> Lender ather�ise agree in writing, �he M��Ge�laneous Pro��eds sha11 be appl�ed to the sums secured by this <br /> S��ur�ty�nstrument whe�her or na��he sums ar�then due. <br /> If th�Proper�y�s aband�n�d by Borrower, ar�f, after nati�e by L�nder to Borrower that th��ppasing Party <br /> �as def�ned �n�he ne�.t sentence} aff�rs t�make an award to settle a claim for damages, Borro�ver fai�s to <br /> resp�nd t�Lender wi�hin 3Q days after the da�e the notice is gi�en, Lender is au�horized�o�o��ect and app�y <br /> the Misc�l�aneaus Praceeds either�o rest�ratian�r r�pair�f the Pr�p�r��ar tn�he sums secured by�his <br /> Se�ur�ty Instrument, whe�her ar no�then due, "�pposing Par�y" means�he th�rd par�y that awes Borrawer <br /> Miscel�aneous ProCeeds�r the par��aga�nst v�hnm Borrower has a r�ght af act�on �n regard�a Misce��aneaus <br /> Pra�eeds. <br /> B�rrov`rer sha��be in defau�t if an�ac��an or proceeding, whe�her civil ar crimina�, �s�egun�ha�, in Lender's <br /> �udgment, cou�d resu�t in forfeiture of the Proper���r��h�r material impa�rm�n�of Lender's in�eres� zn�he <br /> Propert�or rights under�his Securi�y Instrument. B�rrower�an cure such a defau��and, �f acceieration has <br /> occurre�, r�instate as pravided in 5ecti�n 1�, by caus�ng�he act�on or proce�d�ng�a be�isrnissed with a <br /> ruling that, in Lend�r's judgm�nt, preCludes forfe�ture of the Fr�perty or other material impairment�f <br /> Lender's �n�erest in the Property�r r��h�s under t�is Securi�y �nstrurnent. The proceeds nf any award or <br /> cXa�m.f�r da�rna�es that are at�r��u�a�le ta th�irnpairmen��f Lend�r's int�rest �n th� Proper�y are here�y <br /> assigned and shali b�paid�o L�n�er. <br /> Ali M�sc�llane�us Proceeds that ar�not appli�d ta restflratian or repair of�he Proper�y shall be applz�d�n�he <br /> order prov�d�d for in S�c�i�n�, <br /> N�BRASKA-Single�amily-Fannie MaelFreddie Mac UNl�QRM tNSTRUMENT Fvrm 3�28�1�1 <br /> VMP�] VMPS{N�f t�3�2y <br /> Wolter�Kl�wer�inanciaf Ser�ices Page i 0 of 17 <br />