��14�S�S�
<br /> sat�sfact�on, provid�d that such�nsp�ction sha�� be under�aken pr�mpt�y. L�nder may pay far th�repa�rs
<br /> and res�ora�ion in a szng�e d�sburs�m�nt or in a series of progress payments as the work zs c�mp�e��d.
<br /> Un�e�s an agre�ment is made in wri�zng or App��cabl�Law requires interes����e pa�d on such
<br /> Mzsce�lane�us Proceeds, Lender sha��not be r�quired�a pay Borr�w�r any �nter���or�arnings an such
<br /> M�sceilaneous Proceeds. �f th�r�storat�on ar repair is not ecanom�.ca��y f�asib�e or Lender's secur��y wou�d
<br /> �e�essened, the Misce�Xane�us Praceeds sha��be app�i�d�a�he sums secure�b�th�� S�cur��y �nstrument,
<br /> whether ar na�then du�, wi�h the excess, �f any, pazd to Borrower. Such Mzsce��aneous P����eds sha�� be
<br /> appl�ed �n�he�rder pr�v�ded for in�ect�on 2.
<br /> �n the e��n�af a total tak�ng, des�ruct�on, or�oss in va�ue�f the Proper�y, the Mis����aneous Praceeds sha��
<br /> be app�ied�fl the sums s�cured by this S��urzty�nstrument, v�heth�r or no��hen�ue, w�th th�exc�ss, �f any,
<br /> paid�a Borrflwer.
<br /> Ir�the e�ent of a partia� taking, destru��i�n, ar loss in va�ue of the Pr�per�y in whic��he fair marke�va�ue af
<br /> �he Froper�� zmmediate�y before the par�xa� taking, d�struction, or Ioss in�alue is equa�to or greater than th�
<br /> amoun�of�he sums secured�y this Se�ur��y �nstr�.men�immedzatexy�efore�he par��a1 taking, destruction, �r
<br /> �oss in�a�u�, un�ess Borrou�er and Lender��h�rw�se agrte in wr���ng, the sums secured by�h�s S�cur��y
<br /> �nstrument s�all be reduced�y the amount of�he N.�iscel�an��us Proce�ds multipl�ed hy�he fo��o�cr�ng
<br /> fraction: �a} �he t�fa.� amoun�of�he sums secured im�me��ate��bef�r��he par��a��aking, destruct�an, or�oss
<br /> in value div�ded by �b}�he fair mark�t value af the Pr�p�r�y�mmediat���bef�r�the par��a.�ta.kzng,
<br /> destruc�ion, ar�oss in�a�ue. Any baiance�ha�l be paid�o B�rr�v��r.
<br /> �n�he�Wen�of a partial taking, des�ruc�xon, �r�oss in va.lue of�he Proper�y in which�he fair marl�et va�ue of
<br /> th�Pr�p�rty immedia�ely before the par�xa� taking, destructian, �r�oss in value is Iess�han the amaunt of the
<br /> sums�ecur�� �mxned�a��l�befare the partia� tak�ng, destruc�ion, or�oss�n value, unless Borrower and
<br /> Lender a��aer�v�s�agree�n wri�ing, the Misce��ane�us Proceeds shal�be appl�ed t��he sums secured by�hxs
<br /> S��uri�y �n�trumer�t v�rhe��er�r no�the sums are then due.
<br /> If�he Proper�� �s a�andaned by B�rrower, or�f, af�er not��e�y Lend�r to Borr��er�hat�he Dpposing Par��
<br /> �as d�fi�ed i���.�next sentence}offers ta make a�a�vard to s�tt�e a c�aim for damage�, Borrower fai�s�o
<br /> respand to Len�.er�vx�hin 3��ays after the da�e the nati�e is given, Lender is authorized t�co��ec�and app�y
<br /> �he Miscel�ane�us Proceeds ei�her to res�oration or repazr af�he Pr�per��r or�n��e sums secur�d by this
<br /> S�curity�ns�rum�nt, wh��her�r no�then due. "�pp�sing Par�y" means the th�rd par�y tha�ow�s Borrower
<br /> Miscellane�u� Pr��e�ds ar�he par�y against wh�m Barrow�r has a r�ght of ac�ian in regard�a Mi��e�lar�eous
<br /> Proce�ds.
<br /> B�rrower shai�be�n default if any ac�ion or pr�ce����g, v�rh��h�r c����or cr�minal, is begun�ha�, �n Lender's
<br /> �udgment, �ou�d resu�t�n forfei�ure of the Proper�y ar other ma��r�al ��mpairment of Lender's �n�erest�n�he
<br /> Proper�y ar rights un�er thxs��curity Instrument. Borrower�an�ure such a defau��and, if acceieration has
<br /> �ccurred, re�nsta�e as pro�r�ded�n Section ��, by causing the a����n ar proce�d�ng to be dismissed wi��a
<br /> ruling that, in Lend�r's judgn�ent, preclud�s forfeitur�af�he Property or oth�r material impairment�f
<br /> L�nder's interest�n the Proper��or r�ghts under this Securzty�nstrument. The proc�t�s�f a.riy award or
<br /> c�aim fnr damages that ar�a��ributab�e�o the impairment af Lender's inter�st in the Praperty are her�by
<br /> ass�gned and�hall b�pa�d ta Lender.
<br /> A��N��s�el�ane�us Proceeds that are nat applied�o restorat�on or repa�r of the Prop�r�y shal��e appiied in�he
<br /> order pr�vided far�n Sec�i�n 2.
<br /> N�BRASKA-5ingle�amily-Fannie MaelFreddie Ma�UNI��RM INSTRUMENT Fvrm 3�28�Ia1
<br /> VMP� VMPfitN�;{�3�2�
<br /> Wolters K[uwer Financial Ser�ices Page 14 vf 17
<br />
|