Laserfiche WebLink
��15��S7S <br /> sati�factian, prov�ded�hat suCh �nspecti�n shall �e under�aken prompt�y. L�nder may pay for�he r�pairs <br /> and restora�ian in a s�ng�e d�sbu�rsement or in a series of progress payments as the work �s completed. <br /> Un�ess an agreem�n� �s made in�vri�ing or Applicabie Law requzr�s �nterest�o�e paid on such <br /> M�s�e�Ianeaus Proc�ed�, Lender sha�� nflt be r�quired�o pay Borrower any �nter�s�or earn�n�s on such <br /> Misce�Ianeaus Proceeds. �f th�restora�ion nr repair is not e�anomica��y f�aszb���r Lender`s s�curity wnuld <br /> be Iessened, the Miscelianeflus Proceeds shall be app�ied tfl the sums secur���� th�s 5�curity �ns�ru�r�.en�, <br /> whether�r no��hen du�, w��h�he exce�s, �f any, paid to Bnrrawer. Such Mi��ella.neaus Praceeds sha�� be <br /> appl�ed in the�rder prov�ded for in Sectian 2. <br /> In�he event of a to�al ta.k�ng, destruct�or�, or loss in�a�ue of the Property, the M�sce��aneous Froceeds shali <br /> be applied ta the sums secured by th�s S�curity Ins�rum�nt, whether ar not then du�, wi�h the exc�ss, �f any, <br /> paid�� Borrower, <br /> �n the e�ent of a par��a� taking, d�s�ruction, or�ass �n value af�he Proper�y in wh�ch the fair market�alu�af <br /> the Property immed�ately befare the par�ial ta�ing, d�structian, or�oss in�a�ue is equa� �o or grea�er than the <br /> amount af the sums secured b�th�s Secur�ty �ns�rurn�nt immed�at�ly bef�re the partial taking, destruc��on, or <br /> loss in�alue, unless Borrawer and Lend�r oth�rw��e agree�n writing, the sums secured by this Se�uri�y <br /> �nstrument shall be reduced by the am�unt af�he Misce��aneou� Pr�ceeds mu���p��ed by�he fa���wing <br /> frac���n: �a} the�ota� amount of the sums secured �mm�diately bef�re the par��a� tak�ng, destruct�on, ar�ass <br /> in �alue di�ided by tb} �he fa�r market value�f the Proper�� immediately before�he par��al taking, <br /> destruc��nn, �r Ias� in va�ue. Any balanGe sha�l be paid to B�rrower. <br /> �n the event of a par�ial taking, des�ruction, nr�as� �n va�ue af th�Prnperty in which the fair marke�vaiue of <br /> �h�Proper�y immediate�y b�fore�he par�ial ta�ing, destruc�ian, �r��ss �n va�ue z��es�than�h�amount of the <br /> surns secured immed�ateiy before�he par�ial taking, de��ruction, �r loss in value, unless B�rrower and <br /> Lender athervvise agree�n wr��ing, the Misce��aneous Proceeds shall be applied to the sums �ecured by th�s <br /> Security Ins�rum�nt wheth�r ar no��he sums ar�th�n due. <br /> �f�he Praperty is abandoned by Borrower, �r if, after no�ice by Lend�r�� Barr�wer that the�ppos�ng Party <br /> �as def�ned �n the next sentence} �ffers ta make an award ta settle a G�ax�n f�r damages, B�rrower fa��s t� <br /> respond to L�nder w�th�n 34 days after the date th�na�ice is given, Lender is auth�riz�d to collect and app�y <br /> �he Misce�laneous Proc��ds ez�her to restorat�on�r repair of the Proper�� or to�he sums �ecured by th�s <br /> Se�uri�y �n�trument, wh��her ar nfl�then due. "�pposing Party" m�ans the third par�y that owes Borrower <br /> M�s�e��anenus Prnce�ds�r�he party aga�ns��hflm Borrower has a righ�of a��ion in regard to Nii�cellan�ous <br /> Pr�ceeds. <br /> Btirrower sha�l be�n defau�� if any action or proceeding, whether�ivil ar crimina�, is begun that, in Lender's <br /> judgm�nt, c�uld r�sul�in forf��tur��f the Proper�y ar��her materia� impairmen��f Lender's interest in the <br /> Pr�perty or righ�s und�r�his Secur�ty �nstrumen�. Borr�tiver can�ure such a d�fault and, if acceleration has <br /> ��curred, re�n�tat�as pra�vided in Sect�on �9, b�causing the action ar praceeding ta be dism�ssed w�th a <br /> rul�ng that, in Lend�r's judgment, pr�c�udes ftirfex�ure of th�Proper�y or other materia� impa�rment of <br /> Lender's interest in�he Proper��nr r�ghts under�his 5ecurity �ns�rum�n�, The proceeds of any award�r <br /> claim for damages tha�are attr��u�abl�ta the impairment�f Lender's in�erest in the Prop�rty ar�here�y <br /> assigned and sha�I be paid to Lender. <br /> Ali Misce�ianeaus Proceeds that are no�app�zed to restorat��n or repair of the Propert� sha�l be applied in�he <br /> order provided for�n S�ctinn�. <br /> N�BRAS}GA-5ingt��arr�ily-�annie Mael�redt�ie Mac UNIF4RM INSTRUMENT Form 3�28 1!�1 <br /> VMP[c� VMPfitN�=t13Q27 <br /> Woft�rs Kluwer�inancial 5er�ices Page 1 D of 17 <br />