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��15�174�
<br /> sat�sfa�t�an, pravided that such znspe�t�an sha��be under�aken pr�mpt�y. Lender may pay far the repa�rs
<br /> and restorat��n in a single disbursemen�or�n a��r��s�f pragress p�yments as the w�rk �s cnmp�e��d.
<br /> Un��ss an agreernen� is made in wr�t�ng or AppliCab�e Law requ�r�s �nter�st t�be paid an such
<br /> M�sce��aneflus Proceeds, Lender sha�� not be r�qu�red ta pay Bnrrawer an� �n��rest�r earn�ngs�n such
<br /> M�sc�tlaneous Proceeds. If the rest�ra��on or repazr��n�t ec�n�m�ca�ly feasib�e or Lender's secur�ty w�uid
<br /> b�le�sened, the Misceilaneous Pr�ceeds sha�� be applied to the sums secured by thi,� S�curity Instrument,
<br /> whether ar not then du�, w��h the excess, if any, paid to B�rrower. Such M�scellaneous Proceeds shall be
<br /> appl ied in the order prnv�ded for in Section�.
<br /> �n�he e�rent of a total taking, destru����n, �r l�ss �n�a�ue�f the Pr�per��, the N��sce��aneaus Prace�ds shall
<br /> b�applied to the sums s�cured by th�s S�curzty �nstrument, whe�her ar na�t�aen due, with the excess, �f any,
<br /> paid to Borrower.
<br /> �n�he e�v�nt of a par�za� �ak�ng, destruc�ion, or��ss in valu��f the Pr�p�r�y �n which�he fa�r market vaiue�f
<br /> �he Pr�per�y im�mediate�y before th�par��al tak�ng, �es�ructzan, ar��ss in va�c�e�s equal ta or gr�a�er than�he
<br /> amount of�he sums secured by this Se�uri�y �nstrum�ent imnlediate�y befare the par�ial tai{ing, C��S��C�IaI7, or
<br /> Iass in�a�ue, unless Borrower an.d Lfender otherwise agree in wri�ing, �he sums secured b� �his Securi��
<br /> Ins�rum�nt shall be reduced b� �he am�unt of�he Mis�e�lane�us Proceeds mUltiplied by the fol�awing
<br /> fract�nn: �a}�he tota� amoun�of the sums s�cured immediate�y before�he par�ia�takin�, d�s�ruc�ion, nr In55
<br /> �n�a�ue d�v�ded by �b} �he fa�r market�alue of�he Proper��r �mmed�a�e�y befor�the par��a�. ta.king,
<br /> des�ruction, or los� in�aiue, Any�a�anc�sha��be pa�d to Borr�wer,
<br /> In�he e�en�af a part�a� taking, destructian, or�oss in�alue of the Proper�y in which the fair marke�value af
<br /> the Pr�per�y immed�ate�y�efore�he par�ial taking, d��truction, or�oss in value is l�ss�han�he amoun�af the
<br /> sums secured �n�med�a�e�y b�fore the par�ial taking, destruct�an, or�oss in Walu�, unless Borrower and
<br /> Lender fl�herwis�agr��in�r�t�ng, �he M�sce�laneous Pr�ceeds sha�� be app��ed�o the sum�s s�cured by�h�s
<br /> Security �ns�rument whether ar not�he sums are�hen du�.
<br /> If the Proper�y is aband�ned by Barrower, or if, after notic�by Lender t�Barrower that�he Dpposing Par�y
<br /> �as def�ned in the ne��sen�en�e} �ffers�a make an.award to sett�e a claim far dama�es, Borro�ver fails�o
<br /> respand�o Lender w�thin 3�days after the da�e��e natice is g�ven, Lender is au�h�rzzed�o�a11eCt and apply
<br /> the M�sce��aneous Proceeds ei�her�o res�orat�an�r repair of the Proper�y or to the suzns se�ured by�his
<br /> Security Instrumen�, whe�her or not�hen due. "C]�posing Party" mean��he third party�hat ovves Barrawer
<br /> Miscellane�us Pro���ds�r�he par�y against whom Borrower has a righ�of act�on in regard to Misce��an�ous
<br /> Proce�ds.
<br /> B�rrou�er sha��be�n defauit �f any action or praceed�ng, whether ci�i� or criminal, zs begun that, in Lender's
<br /> �udgmen�, �auld r�sul� in forfe��ure of the Pr�per�y or oth�r ma�eria� xmpazrment of Lender's �n�eres� �n�he
<br /> Property ar rights un�.�r�his Securit� �ns�rument. Borrow�r can cure such a d�fault and, if accelera�ion has
<br /> oc�urred, reinstate as provided in Sec�ion 19, b�causing the action nr proceed�ng to be dismissed�vith a
<br /> rul�ng tha�, in Len��r's�udgmen�, precludes forf�i�ur�of the Proper�y or�ther mat�ria� impairm�n�of
<br /> Lend�r's �n�erest�n the Property or righ�s und�r th�s �ecur�ty�nstrument. The pr�c�eds of any award or
<br /> claim far da�mages tha�are a�tribu�ab�e to the�m�paiz7nent of Lend�r's �n�ere�t zn the Praperty are hereby
<br /> assigned and sha11 be paid to Lender.
<br /> A�� Misc��lanenus Pr��eeds tha�are no�applie�t� r�st�rati�n�r repair of th�Pr�p�rt�shall be applied in the
<br /> �rder prov�ded far zn S�ct�on 2.
<br /> NEBRASKA-Sing�e Family-Fannie MaelFreddie Mac UNIF�RM INSTRUM�NT Farm 3�28�101
<br /> VMP Q VMP54N�1(13Q��
<br /> W�IIEfS KILIW�C F#CI�TICE�I S�fVECBS Page 14❑f�7
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