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��15��554
<br /> satisfaction, provid�d that such inspect�an shall be under�aken prompt�y. Lender may pay f�r the repairs
<br /> and restorat�on in a sir�gle d�sbursement ar in a series of progress payments as the wark is camp��t�d.
<br /> I]niess an agreement is made �n wri�ing�r Appl�ca�Ie Law r�qu�r�s interest�a be paid on such
<br /> Miscel�ane�us Praceeds, L�nder shali no�b�required t�pay B�rrower an� in�erest or�arnings on su�h
<br /> Misce�laneou� Proce�ds. �f the restoration ar repa�r �s n�t ec�n�mically f�asible or Lend�r's security w�uld
<br /> be lessen�d, the Misce��ane�us Fr�ce�ds sha��be agpl��d�o the sums secur�d by this Security �nstrumer�t,
<br /> whe�her flr not then du�, w�th�he excess, if any, pa�d tn Borr�wer. Such Miscellan�ous Proceeds sha�� be
<br /> applied �n the order pro��ded for�n Sec�i�n Z.
<br /> �n th����nt�f a to�al taking, destru����n, or l�ss zn wa�ue of�he Pr�perty, �he Misc��laneous Proce�ds �ha�l
<br /> �e applie�to the surns 5ecured by this Se�urit� Instrument, whether or not th�n due, �ith�h�e�cess, if any,
<br /> pa�d ta Borrower.
<br /> �n�he even�af a partia� takzng, des�ruc�xon, or los� in�a�ue of the Praperty in whi�h�h�fair rnarket value of
<br /> the Praperty immed�a���y before�he partial taking, destruc�ion, or��ss �n va�ue is equa� ���r grea�er thar�th�
<br /> amoun�of the suxns secur�d by�h�s Secur����nstrumen� immediately bef�r��he par�ial tal�ing, d�structi�n, or
<br /> loss in�alue, unless Borr�wer and L�nder a�herwise agree in vvriting, the sums s��ured b�this Secur��y
<br /> Instrum�nt shall be reduc�d by th�amount�f th�Misc�l�aneous Proceeds�nu���p��ed by�h�fo��owxng
<br /> fraction: �a}the tota� am�un�af the sums secured immedia�ely before the parria� tak�ng, des�ruG��on, flr�ass
<br /> in value di�ide�by��}th�fair market�a.�ue of the Proper�� �mmedia�e��before t�e par�ial tak�ng,
<br /> destruc�zon, or�ass�n va�ue. An�balan�e s�a��be pa�d to Barrower.
<br /> �n the e�en�of a partia��aking, destruct�an, or��ss�n wa�ue of the Prflperty in which the fair market valu�af
<br /> the Prap�rty imm�diateiy befQr��h�par�ial tal�ing, destr���tion, Qr I�ss in��lu�is��ss th�.r�th��n�unt�f�h�
<br /> sums s�cured im�mediat�ly before�he pa.r��a1 tak�ng, de�tructian, or��ss�n value, unl�ss B�rr�wer and
<br /> L�nd�r otherwise agree in vvri�ing, �he Mxscellaneous Praceeds sha��be appl��d�o the�um� se�ured by th�s
<br /> Securi���nstrument whether ar nat�he sums are then due.
<br /> �f�he Pr�p�r�y�s abandone�by B�rr�wer, or if, af�er na��ce by Lender t�Barrow�r�hat�h�C]ppos�ng Par��
<br /> �as de�ned�n�he n�x�sentence}affers t�make an av�rard to s�tt�e a c�a�m for damages, Borrov�er fails to
<br /> respond ta Lender vv�thin��days after�he date the no�ice is given, L��nd�r�s auth�rized t��ollect and app�y
<br /> �h�Miscelianeous Proce�ds either�o res�oration�r�epair�f the Proper��r or t��he�ums s��ur��by this
<br /> Security �ns�rument, whether ar no�then due. "�pposing Party" means�he�h�rd party that�vves Barraw�r
<br /> Mzsce��ane�us Pr�ceeds�r the party against wh�m Borrov��r has a right�f actian in regard ta Miscel�aneaus
<br /> �'ro�e�ds. � ,
<br /> Borrower shal�be in dtfau�t if any ac�ion or proceed�ng, whether������r Griminal, �s b�gun that, in Lend�r's
<br /> judgmen�, cou�d��sult.in f�rfezture of�he Propert�or other rnateria� �mpazrmen�of Lend�r's interest in the
<br /> Proper�y or right�under this Secur���r Zns�rument, Borrower can cure such a defau��and, xf a��elerat�nn has
<br /> �cCurred, reinsta�e a�pr�v�d�� in Sect�on �.9, by Causing the ac�i�n or pr�ceeding��he d�sn�s�ed wi�h a
<br /> ru�ing that, in L�nder's�udgm�nt, precludes forfe�tur�of the Proper���r other nlaterial zmpa�rment of
<br /> Lender's zn�erest in the Proper�y or rights under th�s S�curity Ins�rument. The proceeds of any award or
<br /> cla�m for damages tha�are attr�bu�able�Q the impa�rment of Lend�r's intere�t in��e Praperty are hereb�
<br /> ass�gned and sha11 be paid to Len�ier.
<br /> A�� Miscellane�us Proc��ds �hat are not applied to res�Qrat��n flr r�pair of th�Praperty sha��b�applied��the
<br /> �rc�er pra�ided for ir�S�ct�on 2.
<br /> NEBRASKA-Single�amily-Fannie Mael�reddie Mac LJNl�ORM tNSTRUMENT Farrn 3Q28 1141
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