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��15��154
<br /> satisfacti�n, provided tha��u�h in�pectiQn sha.1��be unde�aken promptly. Lender may pay for the repairs
<br /> and rest�ration in a single d.isbursement ar in a s�ries of pragr�ss payments as the work iS comp�eted.
<br /> Unless an agreemen�is ma�e in writing or Appl��ab�e Law re�uires interest t�be pa�d on such
<br /> Mis�e��aneous Proc��ds, Lender sha11 not be required to pa��rrower any interesti or earrungs�n such
<br /> Mi�cella.neau5 Prviceeds. If the rest�ration or repa.ir is not economieal�y feasibie or Lender`s security would
<br /> be less�ned, the Miscellaneous Proceeds sha11�e applied to the sums secured by this Security Instrument,
<br /> whether or n�t ther�due, �vith the e�c�ss, if an�� paid��n Borrow��r. Su�'h Mis�e�lan��us P'roceed�shall be
<br /> applied�n the order provided for in Section 2.
<br /> �n the�vent�f a�ata.l�aking, destruction, or�vss in val�e af the Property, the Miscellaneous Proceeds shal�
<br /> he applied to�he sums secured by this Security Instrument, whether ar nat then due, �vith the excess, if any,
<br /> paid tfl Barro�ver.
<br /> In the event of a partial taking, destru�tion, or l�ss in�a�lue of th�Property in�vhich the fair market value of
<br /> the Property immedia�ely�efore the pa.rtial t.a.kin�, destructifln, or loss in value�s e�ual ta�r greater than the
<br /> am+�un��f the sum.s secured by this Securit�In�trunlent�mmediate�y b�fore the partial taking, destruction, or
<br /> �flss in va�ue, �nless B�rrflwer and Lender fltherwise agree in wr�ting, the sums se�ure�by�us Security
<br /> Instrument sha.11�e reduced by the amount�f the Misce�laneous Proceeds mul�ip�ied by�he follow�ng
<br /> fraction; �a}the tota.l amQunt of the sums s�cured immec�i.ately�efore the�artial tal�ing, dest�ucti�n, or Ivss
<br /> in va�ue c�i�i�ed�y �b}the fair marke�value of th�Property immedia�e�y bef�re the partial taking,
<br /> destructian, or loss in value. Any ba�ance shall be pa�d to Borr�wer.
<br /> In tih�event of a partial�ing, destru�ti4n, or lo�s in value�f the Property in which the fa�r market value af
<br /> the Pr�p�xty imm+ediately�efore the partial t�ing, d�struct�on, or loss in valu��s less tharl�e amoun�of the
<br /> sums secure�immediately�efor�the partia�taking, des�uction, ar loss in�a1ue, u.nless Borrower and
<br /> Ler�der�therwise agree in writing, the N1��c�1laneaus Praceeds shall be applied to�he surn.�secured by th�s
<br /> Security Ir�s�arument whether vr not the sums are then due.
<br /> If the Pr�perly is ahandoned by Borrower, �r if, after notice by Lend�r to Borrawer th�t the�pposing Party
<br /> �as defined in�he next ser�tenc��offers to m�ake an a�vard t�settle a claim for damages, Borrovver fails to
<br /> respon���Lender with�n 3�days after the da�e�he n�tic�is gi��n, Lender i�authori�d to collect and apply
<br /> the Miscellaneous Pr�c�eds either to rest�rari�n Qr repair af the Pr�perty or�o the sums secured hy this
<br /> Security Instrument, whether or n�t then due. "�pposing Party" means the t�ird party that owes Borrvwer
<br /> Miscelianeous Proceeds or the par�y against wh�m Borrawer has a right of actian in regard to Miscellaneous
<br /> Pr�cee�ls.
<br /> Borrower shall be in defaul.t if any action ar proceeding, whether civil vr crim�na.1, is begun that, in Lenc�er's
<br /> jud�ment, c�uld result in forf�iture of the Prop�rty or other materia�impairment vf Lender's inter�st in the
<br /> Property ar rights under this �ecurit�Ins�rument. B�rrower can cure su�h a default and, if accelerat�on has
<br /> ❑ccurred, reinstate as provided in 5e�ion 19, �y causing the action Qr proceeding tv be dismissed with a
<br /> ruling thalc, in�ender's j udgment, precludes forfei�ur�of the�roper�y or other material impairmerrt�f
<br /> Lender's interest in the Proper�y �r rights under this Security Inst�ument. The pr�c�eds of any award ar
<br /> �lair��f�r dar��es t�at are at�ril�uta�ble ta�he impairxr��r�t af Len�er's i��erest in the P�operty are�ere�y
<br /> assigned and sha.11�e paid t�Lender.
<br /> AlI Miscellaneous Proceeds that are not applied tv r�stora�.on or repair af the Pr4perty shall be applied in the
<br /> flrder pravided fnr in Section�.
<br /> 23�43fit 487 �VBNE
<br /> N EBRASKA-5ingle Family-Fanr�ie MaelFreddie M ac 11NIFORM INSTRtJM�NT Farm 3�2�11�3
<br /> V MP Y M PBtNE}ti 3��}
<br /> Walter�s Kluwe�Finan�ial Services Page 1�of 1?
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