��15�3917
<br /> sa�isfaction, provided that such inspection shall be under�ak�n prampt�y. Lender may pay for the repairs
<br /> and restoration in a single disbursemen�ar in a series Qf progr�ss payments as the work is campleted.
<br /> Unless an agreement is made in writing ar Applicable Law requires �nteres�t�b�paid on such
<br /> Miscellaneous Procee��, Lender shal� nat be required �o pay Barrower any interest or earnings an such
<br /> Mis�ellane�us Proce��s. If the restora�ian or repair is not ecanamicaily feas��le or Lender's secur�ty wauld
<br /> �e Iessened, the Misc�l�aneous Proceeds sha�I be appli�d�o th�sums secured by th�s Security Instrument,
<br /> whether or na�then due, with the�xcess, if any, paid��Borrower. Such Misc�ilaneous Proc�eds shal�b�
<br /> . app��ed �n�he order provided for�n Sec�i�n 2.
<br /> In the event of a�ota� taking, des�ructian, or loss in value af the Proper�y, the Misce�Ianeaus Proceeds �ha��
<br /> be applied ta�he sums s�cured by this Security Ins�rument, whether or no�then due, wi�h�h�excess, if any,
<br /> pa�d�o Borr�wer.
<br /> �n the event af a par�ial tak�ng, destruction, or�oss in value of the Praper�y in which the fair n�arke�va�ue of
<br /> the Pr�pert� immedia�ely bef�re the partial taking, destruction, ar�ass in�alue is equal ta or greater than the
<br /> amount of�he sums secured by this Secur��y Instrument immedia�e�y befare�h�par�ial�aking, d�struction, or
<br /> �oss �n wa�ue, unless Borrow�r and Lender�therw�se agree in writing, the sums secured by�h�s Securi�y
<br /> Instrum�nt shali be r�du��d by the amaun�af the Mzsce��aneous Proceeds mu���p�ied by the fo�low�ng
<br /> frac�ion: �a} �h�t�tal amaunt�f the sums secured imme�iate��befor�the par�ia� �aking, de�tructi�n, or loss
<br /> xn va�ue d�v�ded by�b} �h�fa�r marke��alue of the Pr�perty imm�d�at�ly before�he partial taking,
<br /> destruct��n, or loss in va�ue. Any ba�an�e sha��be pa�d�a Borrower.
<br /> In the��ent af a par�ia�taking, d�struc�ion, ar l�ss in�a�ue af the Proper�y �n vc�hich th�fair marke�va�ue af
<br /> the Pr�p�r�y �mme�iately befare the par�ial �aking, �estructian, or lo�s in�a1ue is less than�he amaunt of th�
<br /> �ums s��ured im�mediat��y befare�he par�ia� takin�, des�ruct��n, �r l�ss in value, un�e�s Borrov�►l�r and
<br /> Lender o�herwise agree in writing, �he M�sc��laneaus Proceed� �ha��be app��ed ta the sum�.s secured�y th�s
<br /> 5ecurit��nstrumen��vhe�her or nfl�the�ums are then due.
<br /> If th�Prop�rty �s aba.ndan�d by Borrawer, �r if, a�t�r natice by L�nd�r�o B�rr�v�►��r tha�th��ppasing Far��
<br /> �as de�n�d zn the nex�sentence}�ffer�t�mak�an award to settle a��aim for damag�s, Borrow�r fails to
<br /> respond�o Lender wi�hin 3D days after the dat�th�not�ce�s g�ven, L�nder�s autharzzed t�co��ec�and app�y
<br /> the Miscellaneous Proceeds e��her to rest�rati�n or repa�r of the Proper�y or��the sum�secured by this
<br /> Securi�y Ins�rument, whether�r na�then due. "�pposing Party" means�he third party tha�owes Borrower
<br /> Miscellane�us Praceeds�r�he par�y against whom Borrower has a righ�of ac�ian�n regard�� Miscellaneous
<br /> Pro��eds.
<br /> Barrav�er sha��be�n defaui� if any actinn�r praceeding, whether civil or crimina�, is begun tha�, in Lender's
<br /> judgment, Gould result in forf�i�ure af the Proper�y or other ma�eria� impairmen�of Lender's �nterest in�he
<br /> Praperty or rights und�r�his Security Ins�rument. Borrawer can cur�such a default and, if accelerat�on ha�
<br /> occurred, re�nstate as pro��ded�n Sect��n �9, by caus�ng the ac��on or praceeding��be dismissed u�ith a
<br /> ru�ing tha�, in Lender's judgmen�, pre��udes farfeitur�of the Proper�y or other ma�er�a� impa�rment�f
<br /> Lend�r's in�erest �n th� Pr�perty or rights under this Se�urity �ns�rument. The pr�ceeds of any award�r
<br /> c�a�nz f�r damages that ar�attr�butable t�th� impa�rm�nt af L�nder's interest in�he Froper�y are her�by
<br /> a�signed and shall be paid to Lender.
<br /> All M�s���lan�aus Pr�ceeds tha�ar�not appiied to r�st�ra�ian ar repair of the Proper�y sha�l b�appli�d�n the
<br /> order prov�ded for�n S�c��on 2.
<br /> NEBRASKA-Single Family-Fannie Mael�reddie Mac UNIF�RM INSTRUMENT Farm 3�Z8 1141
<br /> VMP Q� VMPfitNE�{1342)
<br /> Wafters Kluwer�inan�ial Ser�i�es Page 1 Q vf 17
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