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<br /> satisfa��ion, provided�ha�such inspection sha�� be und�r�aken promp�ly. Lend�r xnay�aay far�he repa�rs
<br /> and r�storation in a single dis�ursement�r�n a seri�s af progress payments as the work�s camp�eted.
<br /> Unl�ss an agreem�nt�s rnade�n wr�tzng nr App�i�able Law requ�res�nterest�o be pa�d on such
<br /> M�sce��aneou�Proceeds, Lender shaX�nat be required t�pay B�rrov�er any�n�erest�r�arnzngs on such
<br /> Misc���an�ous Proceeds. �f the restorat�on ar repair is�zot e�anom�ca��y feasib�e or L�nder's secur�ty wau�d
<br /> be lessened, �he Misce�laneaus Proce�d�shal�be appiied t� the sums s�cured by th�s Secu��t��nstrumen�,
<br /> whe�her�r not th�n due, wi�h�.e excess, �f any, paid�o Borr�wer. Such M�sce��aneous Praceeds shall b�
<br /> app�i�d in the order provided for in Sec�xon 2.
<br /> �n the e�ent�f a tata��aking, des�ruct�on, or��ss�n value of�he Praper�y, the Miscellaneaus Proceeds sha�i
<br /> be app�i�d�o the sums secured by thi�S�curit�Instrumen�, whether or not then du�, with the excess, �f an�,
<br /> pa�d to B�rrovver.
<br /> �n�he event nf a part�a��aking, destruc�ion, ar Ioss in�alu�of the Prop�r�y in v�h�ch th�fa�r mar�et�ra�u�of
<br /> the Proper�y immed�ate�y befare�he par�ial tak�ng, destruc�ion, or��ss xn va�ue i�equal�o or gr�ater than the
<br /> arnount of the sum� ��cured by�h�s Security �nstrument imme�.iat��y before the par��a� �ak�ng, destructian, ar
<br /> �ass in�alue, un�ess Borrower and Lender�therwise agree in wri�ing, �he surns s�cured by this Securi�y
<br /> �ns�rument sha�� �e reduced by the amount of�he Miscellaneaus Proceeds mui�ip�ied by the follov�ing
<br /> fracti�n: �a}the�ota�amount of the sums se�ured immed�ateiy befare th�par�ial taking, destruction, or loss
<br /> in va�ue divided by�b}the fair market�a�ue of�he Pr�per�y immedia�el�r b�fore the par�ia�taking,
<br /> destruction, or lass�n�alue. An�ba�ance sha��be pazd ta B�rra�er.
<br /> �n the even�of a part�a��ak�ng, destructivn, or�o�s in value af the Praper�y in whzch the fa�r market�a�u�af
<br /> the Praper�y imrnedia�el�r bef�re the par�ial tal��ng, de��ruction, or loss in va�ue is l�ss�han th�arnaunt❑f the
<br /> sums secured�mmediate�y before the partia�tak�ng, destructifln, or l�ss in�alue,un�ess Borrovver and
<br /> Lender other�vise agree in writing, the M�s���lane�us PraG��ds shali b�applied ta the sum�secured�y�his
<br /> �ecur�ty Instrument wh�ther�r not th�surns are then due.
<br /> �f�he Proper�y is abanc�oned by B�rrower, or if, after nflt�ce by L�nd�r to Bflrro�rer�hat the�pposin�Par�y
<br /> �as d�fined in�he next sentence}off�rs to make an a�ard to settle a c�a�m for damages, Barrower fails to
<br /> respond to Lender within�U days af��r�he dat��he noti�e i�gi�en, Lender is authoriz�d to coliect and apply
<br /> �he M�sce�Ianenus Proceeds�ither ta r�st�ra��an�r repa�r�f�he Property or�o�he su.ms secured by this
<br /> Security �nstrument, wh��h�r or no��hen du�, "�pposzng Party" means the third par�y that owes Bnrrower
<br /> Mi�c���ane�us Praceeds�r the party against wham Borrovver has a rzgh�af actzon�n regard�a M�sce�laneaus
<br /> Proceeds.
<br /> B�rrower shal�be�ri default if any action or praceedin�, whether ci�i1 or criminal, is begun t.hat, in Lender's
<br /> judgrnent, could resu�t x�.forf�itur�af�he PrQper�y or o�her material impa�rment of Lender's interest in the
<br /> Praperty flr rights under�h�s Se�urity Ins�rum�n�. Barrower can cure such a defau�t and, �f acceieratzan has
<br /> occurreds reinstate as pravided�n Sec���� �9, by caus�ng�he act��n�r proceed�ng t�be dzsmxssed wi�h a
<br /> ru��ng�hat, �n Lender's judgment, prec�udes forf�iture of the Prop�r�y or a�her mat�r�a�impairm�nt of
<br /> Lender's interes�in the Praper�y or rights under th�s Securi�y�n�trumen�. The proceeds�f any avva�rd or
<br /> c�a��rn for damages�hat ar�attributable�a the�mpa�rment af L�nder's interest in th�Pr�per�y are hereby
<br /> assigned and sha��be paid�o Lend�r.
<br /> A��Mzs�el��eflus Pr�ceeds that ar�n�t appiied�o res�oration or repair�f the Praper�y sha��be applied zn the
<br /> o�-d�r p�r�vid�d f�r in Sect�on 2.
<br /> NEBRASKA-Single Farr�ily-�annie MaelFreddie Mac UNI�ORM IN5TRi1M�NT Farm 3028 1l01
<br /> VMF'{) VMP5�N�y�t 3�21
<br /> WaEt�;rs Kluwer Financial 5er�ices Page 1�af 17
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