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��15��174
<br /> sa��sfaCtion, pra��ded tha�such inspe�t�on sha�I be under�al�en promptly. Lender may pay far the repairs
<br /> an�r�storation zn a s�ngl�d�sbursement or in a series of pragress payments as�he work is comple�ed.
<br /> Un�ess an agreemen�is made in writ�ng or Applicable Law requires in�eres�to b�paid on such
<br /> Mzs���lane�us Praceeds, Lender shall not b�required to pay Borrower any interes�or earnings an such
<br /> Mzsce��ane�us Proceeds. If�he res��ration or repair is na�ec�nomicaily feasible or Lender's security w�uld
<br /> �e lessened, the M�scellan�ous Proceeds sha��be applied ta the sums secured�y th�s Se�urit��nstrument,
<br /> �hether or nnt�hen due, wi�h th�excess, �f any, paz�i�o Borrower. Such M�sce��aneous Pr�ceeds sha�� be
<br /> applied in the�rder prov�ded for in Sec�ian 2.
<br /> In��e e�en�of a tota� �aking, des�ruct�fln, or loss �n va�ue�f the Proper�y, the Mi�cellaneous Proceeds shall
<br /> be appli�d to the sums secured by�h�s S�curi�y Instrument, whe�her ar nat then due, w�th the excess, �f any,
<br /> pa�d to Barrawer.
<br /> �n the event of a par��a� taking, �estructxan, or�oss in�alue flf the Pr�p�r�y xn whxch th�fa�r mark��va�ue�f
<br /> �he Property immediate�y bef�re�he par��a��ak�ng, r�es�ructian, nr�os� �n va�u��s equa�to or gr�ater than the
<br /> amoun�of the sums secured��this S�curz�y�nstrument immediat��y before the part�a��ak�ng, destruction, flr
<br /> loss in value, unless Borrower and Lender�therw�se agre�in writing, the sums secured by th�s S�curity
<br /> Ins�rumen�shal�be reduced b�r th�amount of the M�sceilaneous Proceeds mu�t�plied by the following
<br /> fra���on: �a}the�otal amount of�he sums secured ia�rnedxa�ely before�he partial taking, destruct�on, or 1�ss
<br /> in va�ue�i�id�d b� �b}the fair rnarket�ra�ue af the Proper�y immed�a�ely before�he par�ial taking,
<br /> �.�struc�ion, or�oss �n�a�ue. Any balance sha��b�paid to Borrav�er.
<br /> �n the even�of a partia.l taking, d�struction, or�oss �n value of the Proper�y in which th�fa�r market va�ue of
<br /> the Proper�y immediately befflre th�par�ia�tak�n�, des�ructi�n, or loss in value is less t�an the amount of�he
<br /> sums s�cured�mmediately bef�r�th�partial taking, destruction, or loss in va1u�, unless Barrower and
<br /> L�nder oth�rw�se agree in wri�ing, the Mis���lan�ous Prflceeds sha11 be appiied ta�he sums secured by this
<br /> Securi�y �nstrumen�whether�r not the sum.s ar�then due.
<br /> �f�he Propert�is abandoned by B�rro�ver, or�f, after not�ce by Lender t�Borrower tha�t�e�pposing Par�y
<br /> �as defined�n�he next sentence}offers ta make an av�ard�a s�t��e a claim for damages, Barrawer faiis to
<br /> r�spond�o L�nder wzthin 3�da�s after�h�date the notice�s given, Lender is auth�rized to cal�ect and app�y
<br /> the M�se���aneou5 Proceeds ei�her to res�arat�on ar�epair of the Prop�r��or�o the sums secured by th�s
<br /> Security�nstrumen�, whe�her�r n��then due. "�pposing Par�y" means the�hzrd part��hat owes B�rro�ver
<br /> Miscellaneous Pro�eeds or the par�y aga�n�t whorr�Borrower has a righ��f aGtion in regard to Miscel�an�ous
<br /> Proce�ds.
<br /> Borrawer sha�l be�n defaul�if any action or pro�eeding, whe�her civi� or�rzmina�, is begun that, in Lender's
<br /> judgment, cauld result in forfeiture of the Proper�y or other mater�a� �mpa�rment of Lender's �nterest�n�he
<br /> Property or rights ur�der this S�curi�y Instrument. B�rrower can cure such a�i�fault and, �f a��e�eration has
<br /> occurred, rein�tat�as pr�vid�d �n Sec�ion ��, b�causing�h�ac�ion�r pracee�.ing ta b�disxnissed wi�h a
<br /> ru�xng that, in Lend�r's judgmen�, prec�udes forfeiture of the Proper�y or��her material impa�rmen��f
<br /> Lender's interes�in the Proper�y ar r�ghts under this S�curi�y�ns�rument. Th�prQceeds of a.riy a�vard�r
<br /> ��aim for damages that are attribu�able ta the�mpairment of Lender's in�er�s� in the Property ar�h�r�by
<br /> assigned and shal�be paid�o Lend�r.
<br /> A1� Miscel�ane�us Pr�c��ds that are nat app�ied to restoratxon or repair of the Proper�y sha�� be app��ed�n the
<br /> arder provided fo�r in Section 2.
<br /> NEBRASKA-Sir�gle Family-Far�nie Mael�reddie Mac UNIFDRM INSTRUMENT Form 3�28 11�1
<br /> VMP� VMPFtN���13D�)
<br /> Wal�ers Kluwer Financial Ser�ices Page i Q n�17
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