Laserfiche WebLink
��15�39�� <br /> sa��sfactinn, pravided that such.inspection sha�� be undertaken promptly. Lender may pay for�he repa�rs <br /> and restora�i�n in a single disbursement or in a series of progress payrnents as �he work is compl��ed. <br /> Un�ess an agreement is made in�vri�ing or Appl�cable Law requ�res interest to be paid on such <br /> M�sce�laneous Proceeds, L�nder shall n�t be requ�red ta pay B�rrawer an�in��rest or earnings on such <br /> Mzs�e�lane�us Proceeds. �f the re�taratian or repair is no�economica�iy feasi��e or Lend�r's secur�ty w�uld <br /> be�essened, th�M�scellaneaus Proceeds shall be applied to the sums secured by th�s Security �ns�rument, <br /> whether or not then due, with the ex�ess, if an�, paid to Borrower. Such �iscelianeous Proceeds shali be <br /> app�ied�n the ord�r pra��ded for in 5ection 2. <br /> �n the even�af�.t�ta� t�k�ng, �i���ru�tz�n, ��'l�s� ir�v�lue�f th�Pr�p�r�y, th�M�s�e���ne�u�Prace�ds shal� <br /> be app�ied�o th�sums secured b�th�s Secur��� Inst�-ument, v�hether or n���hen due, with�he excess, if any, <br /> paid to Borrower, <br /> �n�h�ev�nt of a par�ial tal�ing, destruc��fln, or��ss �n va�u�af�he Proper��r �n wh�ch�he fair marke�value of <br /> the Proper�� imme�iia�elx b�fare the par�ia� �ak�ng, des�ruc��on, ar��ss in va�ue is equal�� ar gr�ater than the <br /> am�unt of the sums s��ured by this Security �nstrumen�immediately b�fore th�partia� �ak�ng, des�ructi�n, or <br /> loss �n va�ue, un�ess B�rrov��r a.�d Lender otherwise agr�e�r��vr�ting, the sums secured by�his S�curity <br /> �nstru�rnent sha���e reduc�d by�he am�un��f�he Mis�ellan��us Proc�eds�nui�ipx��d by the fo�lowing <br /> frac�ian: �a3 the tata� am�un�of�he sums secured imm�diat��y before the part�a� tak�ng, des�ructian, or�oss <br /> �n va�ue di�ided by�b}the fa�r market va�u�of the Proper�y�mmed�ate�y bef�re the part�al taking, <br /> destru��ion, or loss in value. An�ba�ance sha��be pa�d ta Barr�wer. <br /> �n th�event af a par�ial�aking, d�struction, or loss�n va�ue of th�Pr�perty in whi�h the fazr market�a�ue of <br /> the Proper�y�mmed�a��ly bef�re th�partia� �aking, d�struc�i�n, ar loss in�alu�is less�han the amount of�he <br /> sun��ecured immed�a�e��r befor�the par�ial�aking, d�s�ruc�ion, or�oss �n va�ue, unl��s Borrower and <br /> Lender a�h�rw�se agree in�rit�ng, the Mzscex�ane�us Proc�eds sha��be app��ed to the sums secured��th�s <br /> Security�nstrumen��vheth�r ar n���he sum.s are then due. <br /> �f the Pr�pe�y is abandoned by B�rr�wer, or if, after n��ic�b� Lend�r ta Bflrraw�r�ha��h��ppos�ng Par�y <br /> �as def�ned�n the n�xt s�ntence} affers to make a�a�ard ta settl�a c�a�m far damages, B�rrower fails to <br /> respond to L�nder v�rithin 30 days after�h�da�e the n���ce�s gi�en, L�nder is autharized to col��ct and app�y <br /> the N�iscellat��ous Prac�eds ei�her�o rest�rat�an or repa�r of�he Praperty ar to�he sums s�cUred�y th�s <br /> Securzty�nstrument, �hether or nat�hen due. "�ppasing Party" means th��hird par�y that owes B�rraw�r <br /> Miscel�aneous Pro�eeds �r th�par�y agains�vvhom Barrower has a righ�of action�n regard�o Miscellaneous <br /> Proce�ds. <br /> B�rrov��r shal�be in default if any ac�ian or proceeding, v��ether ci�il�r criminal, is b�gun�hat, in L�nder's <br /> �udgmen�, could resul�in forfei�ure of�he Proper�y or o�her ma�erial impairmen��f Lender's in�eres�in th� <br /> Proper�y�r r�gh�s under this Securi�y �nstrument. Borrou��r can cure such a defau��and, xf acc�leratio�has <br /> occurred, re�nsta�e as provided zn Sect�on 19, by causing the actzon�r proceed�n�to be d�sm�ssed wi�h a <br /> ru�ing that, in L�nder's ju�gment, prec�udes fnrfezture af the Proper�y or��her ma�eria� �mpa�rmen�of <br /> Lender's�nt�rest in the Prop�r�y or righ�s under�h�s Secur�ty�nstrumen�. The proc��ds of ar�y award or <br /> c�aim far damages that are a�tri�utable�o �h��mpairment of Lender's interest ir��he Property are h�reby <br /> assigned and sha�l be paxd�o Lend�r. <br /> A�l Misce�laneous Proceeds tha�are not applied ta restorati�n or repair of the Pr�per�y shall be applied in th� <br /> order pro��ded f�r xn Section 2. <br /> N�6RASKA-5ingle Family-Fannie MaelFrer�die Mac UNEFQRM INSTRUMENT �orm 3fl�8 11D1 <br /> VMP� VMPfitNEf 413�2� <br /> Wo�ters Kl�€wer Financial 5er�ic�s Page��of 17 <br />