��15�4511
<br /> satisfact�an, prov�ded�ha�su�h inspe�tian sha��be under�aken promptly. Lender may pa�f�r�he repairs
<br /> and restorati�n in a s�ngie disbur�emen�o�-�n a s�ries of progress payments as the wnrk is completed.
<br /> Un�ess an a�r�ement is made in writing or Appli�able Law r�quires int�rest�a be paid on such
<br /> N��sGe�ia�aeous Proceed�, Lender shali nat be required to pay Borrower any �nterest or earnings an such
<br /> M�sce��aneaus Prac�eds. If the re,storation ar repair is not�conornica�ly feasxb�e ar Lender's secur�ty would
<br /> be les�ened, the N��sce��aneous Proce�d�sha��be applied to the�ums,�ecured by�his Se�ur�t��nstrument,
<br /> wh�ther ar na�then due, w��h the exeess, if an�, pa�d to Borrower. Such Misce��aneau�Proceeds �ha��be
<br /> app�ied in the order prflvided fvr�n S�ction Z.
<br /> In�he�vent of a tota.�taking, des�ruct�on, or�ass in�alue af the P�oper�y, th�Mi��ellan�flus Proceeds sha��
<br /> be appl�ed ta the sums st�ured by�his Security Instrument, �v�iether�r nat th�n due, with�he excess, �f any,
<br /> paid tfl Borrow�r.
<br /> In th�event af a par��a�ta.kzng, destruc�ion, ar l�ss in va�ue of�he Frop�rty in�hich�he fa��r ma�rket va�ue of
<br /> the Pr�perty immediately b�fnre the partia�taking, �.estructian, ar�ass zn Waiue is equa� ta or greate�than the
<br /> amaun�of th�sums secur�d b�this Securi�y Instrument immed�a�eiy befare the partial taking, destruction, or
<br /> lass�n value, un�ess Barra�er and Lender otherwise agree in wri�ing, th�sums secured by�hzs S�curi�y
<br /> Instrument shall be reduc�d by�he amtiunt af�he Miscellan�ous Proc�eds multipl�ed by th�f���awing
<br /> fraction: �a}�he total amaunt af�he sutns secured�mmed�at�ly before�he part�al taking, destn�ction, or loss
<br /> in value divided by(b}�he fair market va�ue of th�Prnper�y zmmediate�y before the par��a��aking,
<br /> destru�;tion, or loss in va�ue. Any balance sha�l b�paid to Barrawe�-.
<br /> �n the event of a par�ia�tak�ng, d�struc�ion, ar loss in�alue�f th�Praperty in wh�ch the fair market va�ue of
<br /> the Froper�y�mmedia�e�y before th�par�ial �akzng, destruc�ion, ar lass in�a�ue is Iess than the amount af the
<br /> sums se�ured irnmediately Uefare the partia��ak�ng, destruC��on, or Ioss in va�ue, unles�Borrawer and
<br /> Lender o�herwise agree�n�vriting, �he Mis�ellaneaus Proceeds sha��be applied to the sums secured by thzs
<br /> S�curity�nstrurnent whether or not the sums ar�th�n due.
<br /> �f the Property is abar�doned by Barrow�r, o�i�, af�ez nQtice by Lender�o Barrower that th��pp�s�ng Par�y
<br /> �as d�fined in th�nex�sentence}offers t�rnake an award t� settle a claim for damages, B�rrQwer fa��s to
<br /> respand ta Lender within 3�day�after the date�he n�t�ce�s given, L�nder is authori2ed ta cfll�ect and app�y
<br /> the M�s�el�aneous Proce�ds either to restorat�an or repair of the Proper�y or to the sum�securer�by this
<br /> Security�nstrument, whether or not then due. "C)pposing Party" means �he third party tha�ow�s Barrower
<br /> Mxsce��aneous P�rac�ed�or the par�y against wham Borrower has a righ�of action in re�ar�i�o Miscel�aneaus
<br /> Pracee�s.
<br /> Borrower shall be in defau�t if any actian ar proceed�ng, whether civil or criminal, is begun�hat, in Lend�r's
<br /> �udgment, could result in f�rfei�ure❑f�he Prap�r�y or o�he�mater�a� impa�rrnen�af Lender's interest�n the
<br /> P�roper�y nr r�ghts under this Security�ns�rument. Borraw�r can cure such a defaul�and, if acc�l�ratian has
<br /> occurr�d, reinstate as pravided in Sect�on 19, by causing�he action ar pr�ceed�ng to be dismiss�d with a
<br /> rul�ng that, in Lender's judgment, pr�cludes fflrf��ture of the Proper��r or o�her mater�al impairment of
<br /> Lender's �nterest �n the Proper�y or righ�s under�h�s 5e�ur�ty�ns�rument. The proce�ds of any award ar
<br /> �Iaim for damages tha�are a��ributabie to�he irnpairment of Len�ier's�nterest in the Praper��ar�her�by
<br /> ass�gned and sha�l be paid ta Lender.
<br /> A�� Mzsce��aneaus Proceeds that are nat applied ta resttirat��n�r repair of the Pxoperty shai�be applied in the
<br /> order provided for in Sect�on 2.
<br /> N�BRASKA-Singt�F�mily-Fan�ie M��I�re�idie Ma�UNIF�RM lNSTRiJMENT �����o�a�io�
<br /> VMP Q VMP6tN��;73�2)
<br /> Wolters Kluwer Financial 5ervices Page 1[3 af"I 7
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