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��15��953
<br /> satisfacti�n, pra�ided that su�h in�pectian�ha�I be undertak�n pr�mpt�y. Lender may pa�r for�he repairs
<br /> and restoration in a single disbursement or in a ser�es of pr�gr�ss payments a� the wark�s comp�e��d.
<br /> Unless an agr�emen� is made in writing or Applicable Law requ�res �nterest t��e pazd on such
<br /> Misce�lane�us Proceeds, L�nder sha�l nat be required to pay BQrr�wer any znt�re���r�arnxngs�n su�h
<br /> IVlisce�laneous Proceeds. �f the restara�ion�r repair is nat economically feasib�e ar Lend�r'� �ecur�ty wou�d
<br /> be Iessened, th�M�sce�laneous Proceed�shali be applied�o the sums secured b� this Security �nstrument,
<br /> whether or n�t�hen due, with the excess, if any, pa�d t� Borr�u�er. Such M�sc�llaneous Proc��ds shall be
<br /> app�ied�n the order pro��ded fflr in Sectxon 2.
<br /> �n�he ev�nt of a t�tal taking, d�5��`LI.Ct10I7, or loss �n Walue af the Proper�y, the M�sce�laneous Pr��e�d� shal�
<br /> be appli�d ta the sums s�cured by�his Security Instrumen�, �vhether or nflt then due, w��h the excess, zf any,
<br /> pa�d�o Bflrr�wer.
<br /> �n the even�of a partial tak�ng, des�ruc�i�n, �r�oss �n va�ue of th�Pr�per�y �n�vhi�h the fair mark�t Walu�of
<br /> the Prop�rty immediately befare the par��al taking, destruc��on, ar��ss�n va�ue�s equa� to nr�r�ater than th�
<br /> amoun�of�he sums secured by this Security Instrument immediately before the par��a� ta�ing, destruction, or
<br /> loss zn�a�ue, un��ss Barrower and Lender otherwise agree in wri�ing, the sums seeured by this Security
<br /> �nstrum�n�shall�e reduced by�he amount af the NI isce�laneous Procee�s muitip�ied by the follow�n�
<br /> fract�on: �a} the��ta� amount of th�sums secured �rnmedia�ely bef�re the par�ial taking, destruct�on, or loss
<br /> in va�ue d�vided by �b} the fair mark��value of th� Proper�y �mmedza�e�y before the partzal tak�ng,
<br /> destruct�on, or�oss�n value. Any balance shal�be paid to Borrow�r.
<br /> �n th�e��n�of a par��a� �aking, destruc�ion, �r I�ss in�alue of th�Praper�y in vvhich�he fa�r market value of
<br /> th�Fraper�y immedia�ely befare the par�za� �akxng, destruC�ion, ar loss�n valUe is less thar�the amount of the
<br /> sum� secured �mmedia�ely before the part�a� tak�ng, destruct�nn, ar��ss�n va�ue, unless Borrower ar�d
<br /> Lend�r otherw�se agree in�vriting, the Misc�l�ane�us Proce�ds sha��be app��ed�o�he sums secured b� th�s
<br /> Security�nstrun�en�whether�r not the sums are then du�.
<br /> �f�he Property is aband�ned by Barrower, ar if, after notic�by L�nder�o Borrower that the�p�osing Party
<br /> �as�efined in the next s�ntence}offers�o make an award to set�le a G�aim far damages, Borrower fai�s��
<br /> respand to L�nder wi�hin 34 days after the da�e�he no�ice is g��en, Lender is au�horiz�d to coliect and apply
<br /> the Mxscei�ane�us Pro�e�ds�i�h�r t�rest�ra�ian or r�pair of�he Proper�y or�o�he sums secured by�his
<br /> Secur�ty �nstru�nent, wh�ther�r not�h�n�ue. "gppflsing Party" means the th�rd par�y that o�es Borrower
<br /> N�i�cellaneaus Praceeds or th�par�y agains�whom B�rrow�r has a right of ac�ion in r�gard�o Mis���laneous
<br /> Praceeds.
<br /> Barrower shal�be in default �f any act�an or praceeding, �hether civ�i or criminal, is begun tha�, in L�nder's
<br /> judgmen�, cou�d re�ult in f�rfeiture of the Praper�y�r other materia� zmpa�rment of Lender's zn�eres��n�h�
<br /> Prap�rty or r�ghts under this Securi�� Instrument. Borrower can cure such a defau�t and, �f acc�l�ra��on has
<br /> o�curred, reins�ate as pr�w�d�d in Se��ian �9, by cau�ing the action�r proceeding to b�dismiss��with a
<br /> ruling that, �n Lender's�udgment, prec�udes f�rfe��ure�f th�Pr�p�r�y ar o�her mat�rial impairm�nt�f
<br /> Lender's interest�n the Property or rights under this Securz�� �ns�ru�m.en�. The prac��ds af any award flr
<br /> claim for damages that are a��ributable to �he impairment af Lender`s in�erest �n the Pr�perty are h�reb�
<br /> asszgned and shaxl be paid to Lender.
<br /> All Miscellaneous Proceeds �hat are not appl�ed��res�orati�n or r�pair�f�he Praperty shall b�applied in the
<br /> order pro��ded for�n Section 2.
<br /> N�BRASKA-Singfe Family-Fannie Ma�IFreddie Ma�UNIFDRM INSTRUMENT �arm 3�Z8 11Q�
<br /> VMP� VMPfitNE�t1342}
<br /> Walters Kluwer Financiat Ser�ices Page 10 af 17
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