��15�5411
<br /> satisfactiar�, p,rov�d�d tha�suc��inspecti�n sha�l b�underta�en promp�ly. Lender may pay far the repairs
<br /> and restorat�on in a szng�e di�bur�ement�r in a series of progress payments as th�wark is compl�t�d.
<br /> U����ss an agre�rnent�s made in v�rriting ar Appli�abl� Law requires interest�o b�paid on such
<br /> Mzsce�Ianeous P�oce�ds, L�nder�hall nat be required to pay Borr�wer any int�rest or�arnings�n such
<br /> Mi���Ilane�us Proc�eds. If�he restoratian or repair i5 not e��namicall� feasibl�or Lend�r's�e�ur�ty wau�d
<br /> b�l��sened, �he Mis�ellaneous Proc�eds shall be appl�ed��th�sums se�ured by this �e�ux�ty�n�trument,
<br /> wh�ther ar n�t�hen due, w��h the excess, �f any, pa�d �a Ba�r�w�r, Su�h M�sce��ane�u� Proceeds sha��be
<br /> app�z�d�n the ord�r provided for in Secti�n Z.
<br /> �n the even�of a tota�tak�ng, destruction, ar loss in�aiue af the Property, the Mis�e��an�ous Praceeds shali
<br /> be appiied ta the sums secured hy this���ur�ty Instrurnent, �►rhether o�n�t then du�, �ith the�xcess, xf any,
<br /> paid to Borr�w�r.
<br /> �n the ev�nt of a pa�rtial taking, de5truct�an, ❑r Ioss in�a�ue of the Praper�.y in which the fair marke��alue of
<br /> the Prflper�y�mmed�ately befare the partial taking, dest�uc�i�n, �r lass in value is equal�o or�reat�r�han the
<br /> am�unt of the sums secur�d by�his S�cur�ty Instrumen�immediately bef�re�he par��a�taking, destruc�ion, or
<br /> toss in va�ue, unl�ss Borrow�r and Lender other���se agree�n wxzt�ng, the sums secured by thzs Security
<br /> �nstrumen�shal�be reduced b�r�h�amoun�t�f the M�sc���an�ous P�rflc��ds n�u�tip�i�d by�h�follow�ng
<br /> fract�an: �a}�h�ta�a�amoun�of the sums secur��immediat��y before the par�ial taking, d�struction, or loss
<br /> in value di�ided 1��(b�the fair market value of the Proper��irnmed�at��y b�fore the par�ia��ak�ng,
<br /> destruct�on, ar loss in valu�. Any balance shall be pa�d t�Barrow�r.
<br /> In th���ent of a par�ial ta.l��ng, d�s�ruc�ion, ar��ss in Wa�ue�f�h�Praper�y�n which the fa�r market value of
<br /> �he Proper�y�mmedzately before�he partial ta�ing, destruc�ion, or loss in va�ue�s less than the amaunt of the
<br /> sums se�ured irnmediate�y before the par�ia�taking, destruc�ian, ar loss�n�alu�, unless B�rrower and
<br /> Lender otherwise agree in writing, the Misce�laneous Proceeds sha�l be app��ed�o the sums secured by th�s
<br /> Security Instrurnent wh�ther or n�t�he surns are then due.
<br /> �f the P�aper�y�s abandaned by Borrower, or if, after notice b�r L�nde�ta Barrower that the appa�ing Party
<br /> �as def�ned�n th�next sent�nc�}offers to rnake an award to settle a claim far damages, Borrovver faiis to
<br /> respond to Lender�ithin 30 days after the date the no�ice is gi�en, Lender�� autharized�o c�llect and apply
<br /> the Mis�ellan�ous Praceeds ei�h�r to r�storation or repa�r of the Praper�y ar to�he sums secured by�h�s
<br /> Securi�� Instrurnent, whether or not then due. "�pposing Par�y" means the third party tha�Qwes Borrower
<br /> M isce�lane�us ProCeeds or the party a�a�nst wh�m Borrov�er has a rzght of act�fln�n regard ta M isc�llaneaus
<br /> Proceeds.
<br /> Borr�wer shal�be in defau�� if any ac�ion or proceeding, whether ci�i��r crirn�nal, is begUn�hat, in Lender's
<br /> judgrnent, could result in farfeiture�f the Proper�y�r o�her rnat�r�al impairrnent of Lender's interest�n�he
<br /> Pr�p�rty or r�ghts unc�er this Security �flstrument. �orrnwer c:an cure such a�efaul�and, �f accelera��on has
<br /> occurred, reinstat�as pra��ded zn Sec��an 19, by causing the act��n�r proceed�ng t�be dismissed with a
<br /> ruling�ha�, in Lender's judgmen�, pre�ludes forf�iture af the Pr�pert��r other ma�eriai �mpairm�n�of
<br /> Lender's interest in the Pr�per�y or rights under this S��urity Instrutnent. The proc�eds af any award�r
<br /> cla�m for damages that are attribu�able to th��mpairment af Lender'� inter�s��n�he Pr�pert�ar�h�reby
<br /> ass�gn�d and sha��be pa�d ta Lend�r.
<br /> All Misc��Iane�us Praceeds#�at are no�applied to rest�ration or repair of th�Property sh�.11 be appl�ed in the
<br /> arder pr��ided for in Section 2,
<br /> N�gRASKA-5ingle�ami(y-Fannie MaelFreddie Mac UNI�ORM INSTRUMENT Forrs�3Q28 1J0#
<br /> VNIP� VMPS�NE}t'i 302�
<br /> Wotters�luwer�inancia[5er�ices Page 10 0�l7
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