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<br /> satisfaction, p�o�ided tha�such �nspectian sha�� b�undertaken promptly. Lender ma�r pay far the repair�
<br /> and�resto�ra��on�n a single d�sbursement or�n a serzes of progress payrnents as the work is carnpleted,
<br /> Un�ess an agreem�zat�s mad�in��vriting ar App��cal�l�Law requires interest�n be pa�d an such
<br /> M��ce�lane�us P�aceeds, Lender shall not be requzred to pay B�rr�v�er an�interes�or earnings on such
<br /> Misce��aneous Praceeds. If the�r�storat�on or repaz�r�s no�econam�cal�y feasibie�r L�nd�r's securit�would
<br /> be�essened, the Mi�cellan�ous Pr�ceeds shal�be appl��d ta the surns secu�-�d by th�s Security �ns�rumen�,
<br /> whether or na��hen du�, with�he excess, if an�, paid to Borra�ver. Su�h Misce��aneous Proceeds sha�l be
<br /> appl�ed in th�order prov�ded f�r in Sec�ion Z.
<br /> In th�e�en�of a�ota�ta��ng, destructian, or�oss in valu�of the Pr�per�y, the Mis��l�an�aus Pr�ceeds shall
<br /> be appiied to�he sums s�cur�d��r�h�s 5e�uri�y�ns�rument, whe�her ar n��then due, ��ith�he ex�ess, if any,
<br /> paid to Btirrawer.
<br /> In�he event of a par�ial takin�, destruction, or loss in�alue of�he Proper�y in which�he fair marl�et value of
<br /> the Property xn�nedzat�l�r before the par�iai taking, d�struct�on, ar�oss in va�ue�s equal to�r greater than the
<br /> amount af the surns s�cur�c�by th�s Secur����ns�rument �mrned�ate�y before the partia�tak�ng, destructzon, ar
<br /> Iass in�ralue, uniess B�rrov�er and L�nder atherwise agree in�vrit�ng, the sum�s�cuxed�y�h�s S�cu�r�ty
<br /> Instru�nent sha��be reduced by the amount�f the Mi�c�llan�au� Pr�c�eds multiplied by the fotiowing
<br /> frac��on: �a}the�ota�amoun�of�h�sums secure��mm��iat��y bef�re�he par�ial taking, des�ructian, or loss
<br /> �n�a�ue di�ided�y �b} the fair mar�et va�ue�f�h�P�aperty�mrnedia�e�y before the partia� taking,
<br /> des�ructian, or Ia�s in value. Any ba�ance shall be paid t�B�rrower.
<br /> In the event�f a par�ial taking, d�structi�n, or�oss in valu�of the Property in which the fair market�alu�of
<br /> �he Proper�y�m.med�a�e�y b�fore the partia�takxng, d�struct�an, or�oss in�aiue is les� than�he amoun�af the
<br /> sum.s secured immediately�efore the part�al�ak�ng, destruGtzan, ar�oss�n va�ue, unles�Barr��ver and
<br /> Lender atherwi�e agree�n�vri�ing, the N�iscellaneou� Pr���eds sha��be app��ed to th�sums secured by th�s
<br /> Se�urity Instrument whether�r not the sums are�hen due.
<br /> If�he Prop�rty�s a.ba.�don�d by Borr�w�r, ar if, after r�nt�c�by Lend�r�o Barrawer that the C�ppasing Par�y
<br /> �as defned in th�nex�sen�ence}offer�to make an a�ard to settle a c�aim for darnages, Borrow�r faiis�a
<br /> resp�nd�o Lender withzn 3D days after the date the not�ce i�g��en, Lender�s au�horized to�oilec�and apply
<br /> the Mis�ellaneous Pro�eeds either to restoration or r�pair af the Prflp�rty❑r�o the sum�secur�d�y�h�s
<br /> Se�urity Instrumen�, whether ar nat then due. "�ppasing Par�y" means the t�ird par�y that or�v�s Borr�wer
<br /> M�s�e�lan�us Proc��ds or the par�y against wham Barrower has a right�f action in regard to Misc�Iianeaus
<br /> Pro�eeds.
<br /> Bflrrawer shall be in defau�t�f any act��n ar proceed�ng, whe�her civx�a�cr�nuna�, xs begun that, in Lender's
<br /> �udgment, couid resuit�n forfei�ure of the Propext�vr ather mater�al impairment of Lender's�nteres�in�he
<br /> Proper�y or ri�hts under thi� S�curity Instrument. Barrov�er can cure such a default and, if acc���ra�ion has
<br /> occurred, reznsta�e as pr��ided in Section 19, by�ausing the aGtion or proc�ed�ng to be�ismissed wi�h a
<br /> rul�ng that, �n Lender`s jud�ment, preCludes fnrfe��ure�f the Proper�y or oth�r material impa�rment af
<br /> Lender's inter�st in�he P�aper�y ar rxgh�s under th�s Security�nstrument. The proceeds of any award or
<br /> clairn for damages�ha�are attribu�ab�e ta the impairrnent of Lender's inte�est�n�he P�roper�y are he�reby
<br /> a�signed and sha��be paid to Lender,
<br /> A1�M�scel�aneous Pr��eeds that are no�app��ed�o restoration�r repai��f�h�Praper�y sha�l be applied in the
<br /> order pro�ided for in Section 2.
<br /> N�BRASKA-Singie FamiIy-Far�nie MaelFreddie Mac�NEF�RM ENSTRtlMENT �o�m 3�28"lI�7
<br /> VMP� VMP6�N�)[t3a2�
<br /> Walters Kluwer Financiat Ser�ices Page i�of 17
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