��15��9�5
<br /> satisfaction, prov�ded that suc� insp��t�or�sha11 be undertaken promptl�. Lender may pay f�r th�repairs
<br /> and res�ora��on in a s�ng�e disburs�m�nt or in a seri�s of progress payments as �he work i��nmpleted.
<br /> Uniess an agreement is made in wri�ing or AppliGabl�Law requir�s interest ta he paid on su�h
<br /> Misceiianeous Procee�ls, Lender shall not be re�uir�d to pay Barrawer any interes�or earnings�n such
<br /> Miscel�aneous Pr�ce��s. If�he r�storat�nn ar repair is not ec�nomicai�y feas�b�e�r Lend�r's se�ur��y w�utd
<br /> �e�essened, �he Mis��llaneous Prflce�ds sha��be app��e�.to the sums secured by�h�s Secur��y �nstrunrzent,
<br /> whether or nat�hen due, wi�h the e�.c�ss, �f any, pa�d to Borrawer. Such M�sce��aneaus Prace�ds shall b� .
<br /> appli�d in the arder pr�v�d�d for in Sec�ion�.
<br /> In�he e�ent of a total ta�ing, d�struc�ion, or Ioss in vaiue af t�e Proper�y, �he M�s�ellaneous Froce�ds sha��
<br /> �e applied to th�sums s�cured by th�s �ecurx�y �nstrument, wheth�r or n���hen due, w�th�h�exc�ss, if ar�y,
<br /> paid�o Borrovwer.
<br /> �n the�vent af a part�a� �aking, destruction, or lass in vaiue�f th�Property in which the fair market�a�ue nf
<br /> the Property immedia�e�y befor�th�par�ia� tak�ng, destruc�i�n, ar l�ss in va�ue zs equa� to or grea��r than�he
<br /> amaunt of the sums secured by th�s S�cur��y �nstrum�nt �m.med�ately befnre the par��al �aking, destruction, or
<br /> �ass in va�ue, unless Borrower and Lender oth�rw�se agre�in�vriting, the sums se�ured by this Security
<br /> �nstrument sha�l be reduc�d b� the amaun�of the N�iscellaneous Praceeds multiplied by the fol�owing
<br /> fraction; �a}the total amount of the sums secured �mmediateiy before the part�a�taking, destruCtion, ar��ss
<br /> in va�ue d�vided b� �b} the fair marke��a�ue nf�he Proper�y immediat�ly before�he par��a� ta.��ng,
<br /> destruct�Qn, �r loss in�aiue. Any ba�ance sha��be pa�d�o BQrrower.
<br /> �n the event of a par�iai taking, destructian, ar Iass in value of the Proper�y in which�he fair market�a1ue�f
<br /> �he Proper�y immedia�ely b�fare�he par�ia� taking, des�ruction, or loss in value is iess than the amoun�flf the
<br /> sums secured immediately before�h�par�ial taking, destruct�on, �r loss �n�ra�ue, un�ess Bflrrflwer and
<br /> Lender fltherwise agree in wr���ng, th�M�sce�Ianeous Proceeds shall be app��ed to the sums secured by th��
<br /> Security �ns�rum�nt�heth�r or not the sums are�hen du�,
<br /> If the Proper��is abandan�d by Borrow�r, or if, after notice by Lender ta B�rrotiver�hat the�ppos�ng Par�y
<br /> �as d��ned in�he nex� s�nt�nce} offers to make an award tn s�ttle a clairn for damages, B�rr�wer faz�s�o
<br /> respond t� L�nder within 34 days af�er�he da�e�he not�ce�s given, Lender�s au�horized to coll�ct and appl�
<br /> �he Mzsc�l�aneous Prac�eds��ther�o restarati�n ar repair of�he Proper�� ar ta�he sum� secured by this
<br /> ��cur�ty Ins�rument, whether or not th�n due. "�pp�sing Party" m�eans the third par�y that�w�s Barr�w�r
<br /> Mi�ee�laneous Prace�ds ar the party aga�nst�h�m Borr�w�r has a righ�of ac��on�n regard ta N��sce��aneou�
<br /> Pr�c���.s.
<br /> Borrower sha��b��n defau�� �f any actzon or proceeding, whe�her cxv�� or criminai, �s begun tha�, in L�nder's
<br /> �udgment, cou�d result in forfei�ure of th�PrQper���r�ther materia� impairment�f L�nder's in�eres� �n�he
<br /> Pr�per�y�r rights under this Securi�y Instrument, Borrow�r�an cur�su�h a defau�t and, if acce�era�xon has
<br /> n��urred, reins�at�as pra��ded �n Sect�on �9, by cau��ng �h�act��n�r proceed�ng to be d�smissed with a
<br /> ru��ng �hat, in Lender's�udgment, precludes forfeiture�f th�Proper�y or a�her materia� impairment of
<br /> Lender's in�er�st in the Praperty or rights under this Secur�ty �nstrument. The proceeds of an�award ar
<br /> claim far damages that are a��ributable to the impairment af Lender's in�eres� in the Pr�per�y are hereby
<br /> assigned and shall b�paid ta Lender.
<br /> A�� Misce��an�nus Prace�ds tha� are not app���d to rest�rat��n flr r�pair�f the Praperty shall be app�ied in the
<br /> order provided far in Section�.
<br /> NE6RASKA-SingIe Farniiy-�annie MaelFreddie Mac UNIFflRM INSTRUMENT �orm 3028 11d1
<br /> VMP Q VMPfitNE}t�30�}
<br /> Woit�r�Klt�vver Financial 5�r�i�es Page'i Q o#�7
<br />
|