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��15�1499 <br /> sa�isfac�ion, pro��ded that su�h inspec�ian shal�be undertaken promptly. Lender n�ay pay for th�repairs <br /> and restorat�on�n a single disbursemen�or in a series af pragress payments as the w�rk is c�mpl�t�d. <br /> Uniess a.�agreement is made in wri�ing�r Applicable Law requires interest to be paid�n such <br /> Miscellaneflus Proceeds, Lender sha�I na�b�required�o pay Barrower any interest or earn�ngs�n such <br /> Miscelian�ous Proceeds. If the restoration or repair�s not economically feasibl�or Lender's secur�ty would <br /> be�ess�n�d, �he Mzsce��aneous Proceeds shall b�appli�d to the sums secured by this Securzty �n�trum�n�, <br /> whe�h�r or n�t then due, w�th the exc�ss, �f any, pa�d to Borrower. 5uch Misce��an�ous Prflceeds shail be <br /> appl�ed in th��rder pro�ided f�r in S�c�i�n 2. <br /> In th��ven�flf a total takin�, destruction, ar los�in va�ue�f the Proper�y, the Mi��e��aneou� Proceeds shail <br /> b�applied to �he sum.s secured by this Se�urity Instrument, whether ar na�then due, w�th the excess, if any, <br /> pa�d t�Barrower, <br /> In the e�en�af a partial taking, destruction, or Ioss in�alue af the Prop�r�y �n whzch th�fa�r mar����alue of <br /> the Prop�rty immedzately�efore�he partial ta�ing, C��S�rl.1C#1�I7, or lass in�alue is equa�to or gr�ater�han the <br /> am�unt�f the sums secured by�h�s Securi�y �nstrument�mm�diately before the par�ia� taking, destructi�n, flr <br /> �os� �n�alue, �nit�s Barro�ver and Lender atherwis�a�ree in vvr�t�n�, the sums secured by�his Security <br /> �ns�ru�nent shal�be reduced by the a�mount�f the M�sc���an�ous ProCeeds mul��p��ed by th�f�ll�wing <br /> fraction: �a} the�o�a� am�unt of�he sums se�ured�mm�dia�ely bef�re th�par�ial taking, destruct�on, or loss <br /> in value divided by �b}the fazr mark�t value of th�Proper�y immediat�iy before�he pax��a� taking, <br /> destruction, or��ss �n value. Any ba�ance shal�be pa�d ta Borrov�er. <br /> In�he e�r�nt af a partial taking, des�ruct�on, or�oss �n �axue�f the Proper�y in wh�ch the fa�r market�alue of <br /> �h�Prflper�y zm�.edzatel�r bef�r�the partiai taking, destruction, or�oss �n�a�ue is �ess�han the amoun�of the <br /> sllms secured immed�a�e�y before�he par�iat �aking, destruction, or loss in�a.lu�, un��ss Borrower and <br /> L�nder atherwis�agree �n wri�ing, the M�scelianeous Pr����ds�hall be appli�d�o the�ums seGured by�his <br /> Securit��ns�rumen�whether or nat�he sums are th�n due. <br /> If the Praper�y zs abandaned by Barrower, or�f, after no��ce by Lender�o Bnrrower�ha��he�pp�sing Party <br /> �as de�ned in the next sen�ence} offers ta make an award to set��e a cla�m�.fflr damages, Barrower fails to <br /> respand to Lender w�thxn 3�days after the date the notic�is gi�en, L�nder is author�zed to co��ect and apply <br /> the Misce�Ianeous Proceeds��ther ta restorat�on or r�pair of the Property or to the sums secured by th�s <br /> 5ecur�t��nstrument, whe�her or not then due. "Dppasing Party" m�ans the�hird party tha��v�►�es Borro�ver <br /> Misce��aneous Pr��eeds or�he party against whorn Barrower has a r�gh�of ac��an�n regard to Mis�ellaneous <br /> Pro���ds. <br /> Borro�er sha��be�n defau�t�f any a����n or praCee�ing, whether ci�i� or criminal, is begun that, �n Lender's <br /> ju�gment, coll�d result in f�rfeiture�f�he Prop�r�y or a�her materia.� impa�rment�f Ltnder's int�r�s�in the <br /> Praperty or right�under this Securit��nstrument. Borr�wer can cure such a defau�t and, if ac��leratian has <br /> accurred, r��nstat�as pra�ided�n Section �9, by cau��ng the actxon ar proceedzng to be���m,i.ss�d with a <br /> ruling that, �n Lender's judgment, precludes farfe��ure af the Pr�p�rty ar other mater�a� �mpairrnent af <br /> Lender's �n�erest in�he Proper�y or righ�s und�r this Secur�ty�n��rument. The proceeds of any award�r <br /> c�aim far damag�s tha�are at�ribu�ab�e�o the impairment af Lender's inter�st�n the Praper�� are hereb� <br /> assigned and shall be pa�d ta L.ender. <br /> All M�sc���aneaus Proceeds that are not applied to restoration ar repazr�f the Property shal�be app��ed in th� <br /> �r�.�r pro�ided for�n Section 2. <br /> N�BRASKA-Single�amily-Far�nie Ma�lFreddie Mac UNI��RM�NSTRUM�NT �arrn 3D28 7I�7 <br /> VMP� VMP64NEy{13{]2f <br /> Wvtters Kluwer�inancial Ser�ice$ Pag�1 D of 17 <br />