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��1 5�5�34
<br /> sat�sfac�ion, pro�ided tha�su�h inspect�on shall be under�aken promptly. Len�.er may pa�for th�repairs
<br /> and restoration in a s�ngle disbursemerit ar in a series �f progress paymen�s as�he�ork�s c�mp�eted.
<br /> Un�ess an agreement is made in wri��ng or Applicable La�v requires in�eres��o be paid an such
<br /> Miscellan�ous Proceeds, Lender�hall not be required�o pa�B�rra�ver any in�eres�ar earn�ngs an such
<br /> Miscellaneous Praceeds. If�he restoratian ar repair is not econam�cal�y feasible or L�nder's seCurxty would
<br /> be lessene�, the Misce��aneous Froceeds sha11 b�applied t�the surns s�cured by�his Se�urity Instrument,
<br /> whether or nat th�n due, with the e�cess, if any, paid to Borrower. Such Mis�el�aneous Proceeds sha���e
<br /> applied in the order pro�ided far in Section 2.
<br /> �n�he e�ent af a to�al�aking, destruction, or��ss�n valu�of the Proper�y, the Misc�I�aneaus Pro�eeds shal�
<br /> be app��ed to the sums��cur��i�y this Se�urzt�r�nstrument, whether�r not�hen due, vvith the exce�s, if any,
<br /> pa�d to Borrflwer,
<br /> �n the e�ent of a partza� �al�ing, des�ruc��an, or�oss �n�a�ue❑f the Proper�y in whi�h the fa�r market value of
<br /> the Pr�p�r��r irnmed�ate�y before the part�a� tak�ng, destructz�n, �r�oss in�alu�is equal to or greater than the
<br /> amou�t af the surns secured by�h�s Security Instrurnent zmmediately befor�the par�ial �aking, destructz��, or
<br /> �oss in walue, un��ss Barrawer and Le�zder ath�rw�s�agre�in writing, th�sums secur�d by this Secur�ty
<br /> �nstrurnen�sha�1 be reduced by�he am�unt af th�Miscelianeaus Proc�eds mu���p�xed by�he follo��ng
<br /> fraeti�n: �a}th��ata� am�unt of the sums s�cured irnmediately�ef�re�he par�ia�tak�ng, destruction, or l�ss
<br /> in va�ue d�v�ded b�r�b}the fa�r ma�ket va�ue of�he Prape�y�mmed�ate�y before�he par�ial ta�ing,
<br /> des�ruction, �r�ass�n valu�. Any�a�an�e shaX�be pa�d ta Borrnw�r.
<br /> �n the�v�nt of a par�za�.taking, des�ruct��n, or�oss �n va�ue of the Pr�p�rty in which th�fa�r marl�et value of
<br /> �he Property immediately before the partia� taking, de�truct�on, ❑r Iass in va�ue is ��ss than�he�mollnt�f the
<br /> sums secured immediately before the part�a�taking, destru�tion, tir l�ss in va�ue, un�ess Barrower and
<br /> Len�er�therw�se agre�in writ�ng, the M�sce��ane�us Pro�eed�sha����appl��d t�th�suams secur�d by this
<br /> Securx�y�nstrumen�whe�her or not th�sums ar��hen du�.
<br /> �f the Proper��r is abandaned by Borrawer, ar if, after not�ce by Lender tQ Barrower that�he�ppasing Party
<br /> �as defined in the next sen�ence}off�rs to mal��an awar��a set��e a c�aim for damages, Borrawer fails�o
<br /> respo�d ta L�nder withi�a 34 da�s af��r the date th�notice is giv�n, Lender�s au�hor�z�d to colie�t and app�y
<br /> the M�sce��aneous Proceeds either ta res�oration�r repair�f the Proper�y ar�a the surns secured by this
<br /> Security Instrument, vvhe�her ar riot�hen due. "�pp�s�ng Par�y" means �he third party that awes Borr�wer
<br /> N�iscellaneous Proceeds ar th�par�y against whorn Barrower has a right of action in regard ta Miscellaneflus
<br /> Praceeds.
<br /> Barrower sha��b�in defaul� if an�ac�i�n ar pr�c�eding, whether G��r�l�r cr�m.�na�, is�egun that, �n Lender's
<br /> judgment, cou�d resui���a forf�itur�of the Praper�y or�ther rnaterza�impairment�f Lender's in�er�s�in�he
<br /> Property or rights under th�s S�Gur�ty �nstrument. BvrrQ�v�r can cure such a default and, �f acce�erat�on has
<br /> occurrcd, rcinsta�e a�prav�d�d xn Sectian 19, by caus�ng the ac�i�n�r proceeding��be dism�ssed with a
<br /> rul�ng that, in Lender's�udgmen�, precludes forfei�ure of the Property or ather materia��mpa�rment of
<br /> Lender's interest in th�Property or rig�ts under thi�Sccurity�nstrumen�. The pr�Ceeds of any award ar
<br /> ciaim for damages that are attributab�e to the impairment of Lender's �nteres�in the Property are her�by
<br /> assigned and sha�i be pa�d to Lend�r.
<br /> A�1 Miscellaneous Pro�eeds that ar�n�t a�p��ed ta res�aratiori�r repa�r of the Proper�y shaii be app���d in the
<br /> order provid�d far�n Sectitit�2,
<br /> N�BRASKA-5ingle�ami#y-�annie M�elFreddie Mac l3NI��ftM INSTRUM�NT Form 3Q�8"1�41
<br /> VMP� VMPfi�NEj 413a2]
<br /> Wvit�rs Kluwer Financia�Ser�i�es P�ge 7�of 1 T
<br />
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