��15�3�59
<br /> satisfacti�n, pra�ided�ha� such inspection shall be under�aken prornptly. Lender may pa� for�he repa�rs
<br /> and restoration in a single disbursement�r in a series of progr�ss payments as �h�work �s compie��d.
<br /> Unless an agreement is made in writing or Appiicabie Law requires interest to be paid an such
<br /> M�sceilaneaus Proceeds, Lender sha�l not be required to pa� Borrower any inter�st�r�arnings�n such
<br /> M�scellaneous Proceeds. If the restara�ion or repair is not ecanomica�ly feasibl�or Lender's security would
<br /> be lessened, th� Niisce�Ianeous Praceeds shall be applied t� the sums secured by th�s Security �ns�rument,
<br /> whether or nflt then due, w�th the excess, if any, paid to Borrower. Such M�sce�laneous Proceeds sha�� be
<br /> app�ied xn the order pro��ded far�n�ect��n 2.
<br /> In the even�of a�otal �aking, des�ruc�ian, ar l�ss in va�ue of�he Prop�rty, the Mis�e�lan�ous Proce�ds shati
<br /> be applied�o the�ums secured by this Secur�ty Instrument, whether ar not then due, �vith�he excess, �f any,
<br /> pa�d��Borrower.
<br /> In the event of a par�ia� �aking, de�truc�ion, �r los� in va�ue of th� Property �n whi�h the fair mark�t�alue�f
<br /> the Prop�r�y imme��ateiy b�far�the par�iai taking, des�ru�tion, or loss in value is equal t�or greater than�he
<br /> amount of�he sums secured by�his�ecurity Instrument imm�d�a�el�r befflre�he par��a� tak�ng, des�ruct�on, or
<br /> loss �n�a�ue, un�ess Borrower and Lender athe�-�v�se agree �n writing, the sums secure�b�r this Se�urity
<br /> �nstrument shal� be reduced by th�amoun�of th� Mis�ei�an�aus Pr�ce�ds multipli��.by tht f�liowing
<br /> fra�tion: �a} the total amount of the sums secured immediat��y before the par��a� tak�ng, d�struct�an, ar��ss
<br /> in�alue d�vided by �b} �he faxr market value of the Prop�rty �mmediately bef�re the par��a� tak�ng,
<br /> des�ruc��on, �r�oss �n va�ue, Any ba�ance sha�� ��pa�d to Borrawer.
<br /> In the e�en�of a partial taking, d�struction, or�oss in vaiu��f the Prop�rty in whi�h the fair market value�f
<br /> �h�Pr�p�r�y imm�d�ate�y befar�the par�ial taking, �estruct�on, or lass zn va�ue ���ess than th�amount�f th�
<br /> sums s�cured �mmed�a�e�y before the par�ial taking, destruction, ar Iass in�alue, unless B�rr��ver and
<br /> Lender otherwis�agr���n vvri��ng, the M�sCe��aneous Proceeds shall be appl�ed ta th�sums secured by�his
<br /> Securit��nstrument vvhether or nat the�ums are then due.
<br /> If tht Prop�r�y is abandoned by B�rrawer, or if, aft�r na�ice by L�nder to B�rr�wer tha�the�pp�s�ng Par�y
<br /> �as def�ned �n the nex�sen�ence}�ffers �o mak�an award�o set��e a ciaim for damages, Bnrrawer fails t�
<br /> re�pond�n Lend�r w�thxn 34 days af�er�he da�e the notice is given, Lender is authorized�o c�llect and apply
<br /> the Miscellane�us Prflceed�either to res�orat�fln�r repair af the Prop�r�y or to the sums secured by this
<br /> Securit� Ins�rument, whether ar not�h�n due. "C]pposing Part�" means the th�rd par�y that�vv�s Borrav��r
<br /> Misce�lane�us Pr��:��ds or the party against whom B�rr�wer has a r�ght of act��n�n regard to Mzsc�l�aneous
<br /> Pr�c�eds.
<br /> B�rrower shall be�n default if any action flr praceeding, whether civi� ar erim�nal, is begun�hat, in L�nder's
<br /> �udgmen�, could result in farf�iture of the Proper�y or other material impairment of Lender's in�erest zn the
<br /> Praperty or r�ghts under this SeCur�ty Instrum�nt, Borrower can cure such a defau�t and, if acce�era��on has
<br /> oCcurred, reinstate as pra�ided in Se�tian 19, by causing the action or proce�d�ng to be dis�n�ss�d��th a
<br /> ru��ng tha�, in Lender`s judgment, precludes farfe�ture of the Property ar other material irnpairment�f
<br /> L�n��r's interest in th�Propert�ar rights under this Security Instrumen�. The procee�s af any award or
<br /> clairn for damages �hat are attr�butable t� the impairment of Lender's int�r�st in�he Prap�rty ar�hereby
<br /> ass�gned and sha�� be pa�d to L�nder.
<br /> A�� Mzsce��aneous Prac��ds that are no� app�ied to res�orat�on�r r�pair�f�he Property �hall be appli�d �n�h�
<br /> �rder pr��ided for in Se�tian Z.
<br /> NEBRASKA-Single Family-Fannie MaelFreddie Ma�UNEF�RM INSTR�M�NT Form 3�Z$"�101
<br /> VMP� VMPfi�NE}t'�3q�f
<br /> Vlfvlters K[uwer�inancial Ser�ices • Page 7 D❑f�7'
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