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��1 5����� <br /> If the Praperty is dama�ed,such Miscellaneous Frviceeds shall�e app�ied to r�storation vr repair of the <br /> Pro�erty,if the restaratian or repair is�canomical�y feasible and Lender's security is not tessened.During <br /> such repa�r ar}d r�st�rat��n per�ody Lender sha��h�.ve the righ#to hvld such Mis�ellan��us Prvc�e�s until <br /> Lender has had an oppartunity t�inspect such Propert�to ensure the wark has been compl�ted to Lender's <br /> satisfacti�n,pr��ided that su�h inspectian shall be undertaken prornptly.Lender may pa�f�r th�repairs <br /> and restvration in a single disbursement�r in a series�f progress payments as the v�rork is cvmpleted. <br /> Uniess an agreement is made in v�r�'iting ar Applicab�e L�aw requires interest to he paid an such <br /> MiseeIIan�ous Pro�eeds,Lender s�a�t nat be r�quired to pay Borr�wer any interest vr earning�on su�h <br /> Misce�laneous Proc�eds.If th�restoratian or repair is nat economi�ally feasible ar Lender's security <br /> �vvu�d b��essened,the M�sce��aneous Pro�eeds sha�l be apFli�d t4�h�surns s��ured b}�this Security <br /> Instrument,whether ar no#�hen due,with the excess,if any,paid to Borrower.Such Miscellaneous <br /> Praceeds shat�be app��ed in the order pra�ided for in Sectifln 2. <br /> In the event vf a tatal taking,destructi�n,ar loss in value vf the Propert�,the Miscellaneous Pro�eeds <br /> shall be ap�li�d t�the sums secured b�this Security Instrument,whether�r not then du�,with the excess, <br /> if any,paid ta Barrawer. <br /> In the event�f a�a��al t�king,destruction,�r lvss in value of the Propert� in which the f��r market value <br /> �f the Property imrnediately before�he partia�tal�ing,destruc�ian,or loss in value is equal�fl ar greater <br /> than the amount of the sums secured by this Security Instrument imm�diately be��re the partial taking, <br /> destructian,�r lvss in�a1ue,unl�ss Borrovtirer and Lender ath�rwise a.gree in w�iting,the sums secured <br /> hy this Security Instrum�nt shall he r�duced by the amount of the Mis��llanevus pr�ceeds multip�ied by <br /> the foliawing fra�tion:�a}�h�tvta�amaunt af the sums secur�d immediate�y befare th�part�a�tak�ng, <br /> ��StI�UCt1�I1y or l�ss in�ralue di�ided by�b}the fai�mar�et value of the Fr�perty immediately befare the <br /> part�a�tak�ng,destructiQn,�r l�ss ir�ualu�.An}�balance shall he paid to Barrower. <br /> In the e�ent af a par�ial taking,des�ruction,or l�ss in val�e of the Praperty in which the fa�r market value <br /> of the Frape�-�y imrnedia�tely��fore the part�a�takxng,destruction,or�o�s in�alue i�f�ss than the arnount <br /> of the sums secur�d irr�mediately befor�the partiai taking,destruction,or loss in value,unless Borr�vver <br /> and Lender otherv�ise agree in writi�g,th�Miscellaneaus Proceeds shall b�applied to the sums secured <br /> b}�this S�curity Instrument whether or not the sums are then due. <br /> I�the Properfi,� is abandoned by B�rrvwer,�r if,after noti��by Lender to�orrower that the�pposing <br /> Party�as defin�d in the next sentence}�ffers to make an award t�s�t�le a clairn far damages,Borrovver <br /> fails t❑respond to Lender within 3�days after the date the n�tice is gi�en,I�ender is autharized to coll�ct <br /> arid apply the Miscellaneous Pro�eeds either to restorati�n or repair of the Praperty or�o the sums secured <br /> by this Security Instrument,v►�hether or n�t then due."Opposing Party"means the third party that owes <br /> B�rrower Misee��ane�us Fra�e�ds ar the party aga�ns�whvrn Borror�r�r�as a r�ght of a�tivn in regard t� <br /> Miscellaneous Praceeds. <br /> B�rrower shall be in defau��if any actian or proceeding,wh�ther ci�i�ar crim�nal, rs h�gun that, �n <br /> L�nder's�udgmen�,could result in forfeiture of the Prope�-�y or flther rnaterial irnpairrnent�f Lender's <br /> �nterest 2r�t�e Proper�}�or right�und�r this Securi�Instrument.Borrower can cure such a default and, <br /> if acceteratian ha.s occurred,r�instate as pra�ided�n S��tion 19,by causing the actian�r pro�eeding t� <br /> be dismissed with a ruling that,in Lender's judgmenty precludes f�rfeiture of the Property or other material <br /> impairment of I�ender's inter�st in the Prvperty�r right�under this Security Ins�rument.The proceeds of <br /> HCF�-OE1359 <br /> NEHRASKA-5�ngle Family-Fann�e MaelFreddie Mac L1NIFaRM 1NSTRLIMENT Form 3�28110� <br /> VMP� q31'15 <br /> Walte�s Kluwer Finanaal��rvices 2g15081715.Z.D.3237-.i20�545�fiY Page?��1��' <br /> ..� <br />